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April 7, 2020, 7:28 a.m. EDT

Refurbishing Market 2020 Growth Projections & Forecast to 2024 | Andersen Corporation, Ferguson Enterprises, The Home Depot, JELD-WEN, Pella Corporation

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Apr 07, 2020 Xherald -- Global Refurbishing Market Report offers in-depth analysis of the market size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.

The refurbishing market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 5 Trillion by 2024, with an anticipated CAGR of 4% through 2024. Increasing private infrastructural investments along with favorable government conditions offering tax concessions on home loans will enhance the services demand. Expanding tourism sector along with technological innovations particularly in Asia Pacific and Europe will boost the business advancement.

Request for a sample copy of this report @ https://www.decresearch.com/request-sample/detail/237

Residential refurbishing market is expected to witness a CAGR of over 4% during the forecast period 2018 to 2024. Higher count of house gatherings along with rising consumer spending in developing economies will enhance the application market. Technological advancements providing better energy efficiency, enhanced designs, and highly durable materials along with need to increase the house security will drive the business growth globally. Increasing real estate prices in highly populated cities accompanied by the need for improved house space and design will support the services penetration.

Commercial remodeling is expected to account for over USD 2 trillion by 2024. Necessity to reduce the fixed costs particularly electricity expenses along with providing a better environment to work in corporate offices will surge the business expansion. Trend towards transforming the office into eco-friendly to improve employee health, working conditions along with the benefit of social marketing for the company.

Top Industry Players -

  • ABC Supply,

  • Andersen Corporation,

  • Builders FirstSource,

  • Dow Building Solutions,

  • Ferguson Enterprises,

  • Hanley Wood, LLC,

  • The Home Depot,

  • JELD-WEN,

  • Kohler Co.,

  • Lutron Electronics,

  • Masco Corporation,

  • Pella Corporation,

  • The Sherwin-Williams Company,

  • AARP American Exteriors, LLC,

  • Case Design/Remodeling Inc.,

  • Dreamstyle Remodeling

  • Owens Construction,

Make an inquiry for purchasing this report@ https://www.decresearch.com/inquiry-before-buying/237

North America refurbishing market revenue was registered over 800 billion in 2017. Design innovations along with large disposable incomes & highest consumer spending are primary drivers for the expanding services demand in the region. Extreme climatic variations accompanied by frequent disasters support the market development in the region. Increasing necessity to improve the employee productivity and reduce energy expenses will propel the services adoption in the commercial segment.

The key industry players in the global refurbishing market share include GAF Materials Corporation, JELD-WEN, Andersen Corporation, ABC Supply, Builders First Source, the Home Depot, Dow Building Solutions, Hanley Wood LLC, Ferguson Enterprises, and Fortune Brands Home & Security. Other prominent players in the industry are Lutron Electronics, Kohler Co., Masco Corporation, Move Inc., USG Corporation, National Gypsum Company, Oldcastle Building Products, Owens Corning, Pella Corporation, Ply Gem Industries Inc., ProBuild Inc., The Sherwin-Williams Company, and Mergers & acquisitions are among the key strategies adopted by the service providers to expand their product portfolio and gain market share. For instance, Norcraft companies was acquired by Fortune Brands Home and Security to expand their product portfolio in the residential segment.

Browse more info @ https://www.marketwatch.com/press-release/5-trillion-remodeling-market-regional-trends-and-growth-statistics-to-2024-2019-08-28

Partial Chapter of the Table of Content

Chapter 3. Refurbishing Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Raw material suppliers

3.3.2. Service providers

3.3.3. Profit margin trends

3.3.4. Distribution channel analysis

3.3.5. Vendor matrix

3.3.5.1. Role

3.3.5.2. Product portfolio

3.3.5.3. Global presence

3.4. Technology landscape

3.5. Consumer buying behaviour

3.5.1. Unmet needs

3.5.2. Social & cultural impact forces

3.5.3. Information search

3.5.4. Evaluation of alternatives

3.5.5. Purchase decision

3.5.6. Post purchase behaviour

3.6. Raw material analysis

3.7. Global construction outlook 2018-2024

3.7.1. Upcoming projects and investments

3.7.1.1. Residential

3.7.1.2. Commercial

3.8. Industry best practices & key buying criteria

3.9. Regulatory landscape, by region

3.9.1.1. North America

3.9.1.2. Europe

3.9.1.3. Asia Pacific

3.9.1.4. Latin America

3.9.1.5. MEA

3.10. Pricing analysis

3.10.1. Regional pricing

3.10.1.1. North America

3.10.1.2. Europe

3.10.1.3. Asia Pacific

3.10.1.4. Latin America

3.10.1.5. MEA

3.10.2. Cost structure analysis

3.11. Industry impact forces

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