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Home Improvement Services Market by Type (Kitchen Renovation & Addition, Bathroom Renovation & Addition, Exterior & Interior Replacements, System Upgrades and Others), Buyers Age (Under 35, 35-54, 55-64 and Above 65) and City Type (Metro Cities and Other Non-Metro Cities & Towns): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11851
Pages: 250
Jun 2021 | 366 Views
   
Author(s) : Digvijay Pawar , Onkar Sumant
Tables: 123
Charts: 51
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The home improvement services market size was valued at $316.8 billion in 2020, and is expected to reach $585.3 billion by 2030, registering a CAGR of 6.2% from 2021 to 2030. The report study shows the revenue generated by home improvement services companies that offer cleaning, renovation, and restoration services to residential customers. The home improvement services market represents the fee that is charged by professional home improvement service providers to carry out design and actual construction or installation work.

The home improvement services market was initially hampered owing to restrictions on construction activities. However, the market started recovering as lockdown restrictions were uplifted.

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The home improvement services market is majorly driven by rise in interest rates and property costs. With industrialization in developing countries and rise in overall economies of developed countries, the global residential property prices are rising at their fastest rate since the last few years. The global residential property prices have risen by 60% in the past 10 years. Moreover, mortgage are continuously fluctuating, making the situation volatile to apply for housing loans and becoming a challenge for managing EMIs and budget. People opt to spend on home renovation rather than spend huge amounts on new houses. In addition, remodeling of newly bought old homes as per one’s choice costs much less than buying a new house. Thus, instead of moving into a new house, people tend to renovate their old house as per their choice. However, rise in DIY culture around the world with assistance through YouTube videos, professional courses, and availability of advanced tools in the market has hampered the growth of the home improvement services market. Furthermore, during the COVID-19 outbreak, construction, manufacturing, and oil & gas industries were majorly affected. Construction activities were also stopped or restricted to a huge extent. Manufacturing and transportation activities along with their supply chains were hampered on a global level. This directly hampered the home improvement services market growth. However, the market gained stability in third and fourth quarter of 2020. Moreover, gradually, all industries are resuming their regular manufacturing and services. This is further expected to lead to re-initiation of home improvement services companies at their full-scale capacities, which is expected to help the market to start to recover by mid-2021.

Home Improvement Services Market
By Type

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Otherssegment holds the largest share in Home Improvement Services market

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On the contrary, rise in adoption of automation and installation of smart & energy-efficient devices in houses is expected to be a major opportunity for the growth of the home improvement services market during the forecast period.

Home Improvement Services Market
By Buyers age

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35-54 segment holds dominant position in 2020

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The home improvement services market is segmented on the basis of type, buyers age, city type, and region. On the basis of type, the market is divided into kitchen renovation & addition, bathroom renovation & addition, exterior & interior replacements, system upgrades, and others. Depending on buyers age, it is classified into under 35, 35-54, 55-64, and above 65. On the basis of city type, the market is bifurcated into metro cities and other non-metro cities & towns. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Home Improvement Services Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America holds a dominant position in 2020 and Asia-Pacific is expected to grow at a highest rate during the forecast period.

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By type, in 2020, the others segment dominated the home improvement services market, in terms of revenue, and the system upgrades segment is expected to witness growth at the highest CAGR during the forecast period. On the basis of buyers age, the 35-54 segment led the market in 2020, in terms of revenue, and under 35 is anticipated to register the highest CAGR during the forecast period. On the basis of city type, the metro cities segment led the market in 2020, in terms of revenue, and the other non-metro cities & towns segment is anticipated to register the highest CAGR during the forecast period. By region, North America led the market in 2020, in terms of revenue, and Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Competition analysis

The major players profiled in the home improvement services market include Belfor, Coit Services, Inc., Crane Renovation Group, DKI Ventures, LLC, FirstService Corporation, Mr. Handyman, Power Home Remodeling Group, LLC, Rainbow Restoration, Servpro, and Venturi Restoration. Major companies in the market have adopted strategies, such as business expansion, partnership, and acquisition, to offer better products and services to customers in the home improvement services market.

Key Benefits for Stakeholders

  • The report provides an extensive analysis of the current and emerging home improvement services market trends and dynamics. 
  • In-depth home improvement services market analysis is conducted by estimations for the key segments between 2021 and 2030. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
  • A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
  • The home improvement services market forecast analysis from 2021 to 2030 is included in the report.
  • The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the home improvement services industry.

KEY MARKET SEGMENTS

By Type

  • Kitchen Renovation & Addition
  • Bathroom Renovation & Addition
  • Exterior & Interior Replacements
  • System Upgrades
  • Others

By Buyers Age 

  • Under 35
  • 35-54
  • 55-64
  • Above 65

By City Type 

  • Metro Cities
  • Other Non-metro Cities & Towns

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
  • Rest of Asia-Pacific
    • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Belfor
  • Coit Services, Inc.
  • Crane Renovation Group,
  • DKI Ventures, LLC
  • FirstService Corporation
  • Mr. Handyman
  • Power Home Remodeling Group, LLC
  • Rainbow Restoration
  • Servpro
  • Venturi Restoration
 

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Research methodology

1.2.1. Primary research
1.2.2. Secondary research
1.2.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top impacting factors

3.3. Key forces shaping the global home improvement services industry
3.4. Value chain analysis
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Rising interest and property costs
3.5.1.2. Remodeling of newly bought old homes
3.5.1.3. Rising trend of DIY

3.5.2. Opportunity

3.5.2.1. Rising smart homes and home automation technology

3.6. COVID-19 impact analysis

CHAPTER 4: HOME IMPROVEMENT SERVICES MARKET, BY TYPE

4.1. Market overview

4.1.1. Market size and forecast, by type

4.2. Kitchen renovation & addition

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Bathroom renovation & addition

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

4.4. Exterior & interior replacements

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis, by country

4.5. System upgrades

4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis, by country

4.6. Others

4.6.1. Key market trends, growth factors, and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market analysis, by country

CHAPTER 5: HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE

5.1. Market overview

5.1.1. Market size and forecast, by buyers age

5.2. Under 35

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. 35-54

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

5.4. 55-64

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country

5.5. Above 65

5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country

CHAPTER 6: HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE

6.1. Market overview

6.1.1. Market size and forecast, by city type

6.2. Metro cities

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country
6.2.4. Market size and forecast for metro cities, by buyers age

6.3. Other non-metro cities & towns

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country
6.3.4. Market size and forecast for other non-metro cities & towns, by buyers age

CHAPTER 7: HOME IMPROVEMENT SERVICES MARKET, BY REGION

7.1. Market overview

7.1.1. Market size and forecast, by region

7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. North America market size and forecast, by type
7.2.3. North America market size and forecast, by buyers age
7.2.4. North America market size and forecast, by city type
7.2.5. North America market size and forecast, for city type by buyers age
7.2.6. North America market size and forecast, by country

7.2.6.1. U.S.

7.2.6.1.1. U.S. market size and forecast, by type
7.2.6.1.2. U.S. market size and forecast, by buyers age
7.2.6.1.3. U.S. market size and forecast, by city type

7.2.6.2. Canada

7.2.6.2.1. Canada market size and forecast, by type
7.2.6.2.2. Canada market size and forecast, by buyers age
7.2.6.2.3. Canada market size and forecast, by city type

7.2.6.3. Mexico

7.2.6.3.1. Mexico market size and forecast, by type
7.2.6.3.2. Mexico market size and forecast, by buyers age
7.2.6.3.3. Mexico market size and forecast, by city type

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Europe market size and forecast, by type
7.3.3. Europe market size and forecast, by buyers age
7.3.4. Europe market size and forecast, by city type
7.3.5. Europe market size and forecast, for city type by buyers age
7.3.6. Europe market size and forecast, by country

7.3.6.1. Germany

7.3.6.1.1. Germany market size and forecast, by type
7.3.6.1.2. Germany market size and forecast, by buyers age
7.3.6.1.3. Germany market size and forecast, by city type

7.3.6.2. UK

7.3.6.2.1. UK market size and forecast, by type
7.3.6.2.2. UK market size and forecast, by buyers age
7.3.6.2.3. UK market size and forecast, by city type

7.3.6.3. France

7.3.6.3.1. France market size and forecast, by type
7.3.6.3.2. France market size and forecast, by buyers age
7.3.6.3.3. France market size and forecast, by city type

7.3.6.4. Italy

7.3.6.4.1. Italy market size and forecast, by type
7.3.6.4.2. Italy market size and forecast, by buyers age
7.3.6.4.3. Italy market size and forecast, by city type

7.3.6.5. Rest of Europe

7.3.6.5.1. Rest of Europe market size and forecast, by type
7.3.6.5.2. Rest of Europe market size and forecast, by buyers age
7.3.6.5.3. Rest of Europe market size and forecast, by city type

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Asia-Pacific market size and forecast, by type
7.4.3. Asia-Pacific market size and forecast, by buyers age
7.4.4. Asia-Pacific market size and forecast, by city type
7.4.5. Asia-Pacific market size and forecast, for city type by buyers age
7.4.6. Asia-Pacific market size and forecast, by country

7.4.6.1. China

7.4.6.1.1. China market size and forecast, by type
7.4.6.1.2. China market size and forecast, by buyers age
7.4.6.1.3. China market size and forecast, by city type

7.4.6.2. Japan

7.4.6.2.1. Japan market size and forecast, by type
7.4.6.2.2. Japan market size and forecast, by buyers age
7.4.6.2.3. Japan market size and forecast, by city type

7.4.6.3. South Korea

7.4.6.3.1. South Korea market size and forecast, by type
7.4.6.3.2. South Korea market size and forecast, by buyers age
7.4.6.3.3. South Korea market size and forecast, by city type

7.4.6.4. India

7.4.6.4.1. India market size and forecast, by type
7.4.6.4.2. India market size and forecast, by buyers age
7.4.6.4.3. India market size and forecast, by city type

7.4.6.5. Rest of Asia-Pacific

7.4.6.5.1. Rest of Asia-Pacific market size and forecast, by type
7.4.6.5.2. Rest of Asia-Pacific market size and forecast, by buyers age
7.4.6.5.3. Rest of Asia-Pacific market size and forecast, by city type

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. LAMEA market size and forecast, by type
7.5.3. LAMEA market size and forecast, by buyers age
7.5.4. LAMEA market size and forecast, by city type
7.5.5. LAMEA market size and forecast, for city type by buyers age
7.5.6. LAMEA market size and forecast, by country

7.5.6.1. Latin America

7.5.6.1.1. Latin America market size and forecast, by type
7.5.6.1.2. Latin America market size and forecast, by buyers age
7.5.6.1.3. Latin America market size and forecast, by city type

7.5.6.2. Middle East

7.5.6.2.1. Middle East market size and forecast, by type
7.5.6.2.2. Middle East market size and forecast, by buyers age
7.5.6.2.3. Middle East market size and forecast, by city type

7.5.6.3. Africa

7.5.6.3.1. Africa market size and forecast, by type
7.5.6.3.2. Africa market size and forecast, by buyers age
7.5.6.3.3. Africa market size and forecast, by city type

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction

8.1.1. Market player positioning

8.2. Top winning strategies

8.2.1. Top winning strategies, by year
8.2.2. Top winning strategies, by development
8.2.3. Top winning strategies, by company

8.3. Key developments

8.3.1. Business expansion
8.3.2. Acquisition
8.3.3. Partnership

CHAPTER 9: COMPANY PROFILES

9.1. Belfor

9.1.1. Company overview
9.1.2. Key executives
9.1.3. Company snapshot
9.1.4. Product portfolio

9.2. Coit Services, Inc.

9.2.1. Company overview
9.2.2. Key executives
9.2.3. Company snapshot
9.2.4. Product portfolio

9.3. Crane Renovation Group

9.3.1. Company overview
9.3.2. Key executives
9.3.3. Company snapshot
9.3.4. Product portfolio
9.3.5. Key strategic moves and developments

9.4. DKI Ventures, LLC

9.4.1. Company overview
9.4.2. Key executives
9.4.3. Company snapshot
9.4.4. Product portfolio
9.4.5. Key strategic moves and developments

9.5. FirstService Corporation

9.5.1. Company overview
9.5.2. Key executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments

9.6. Mr. Handyman

9.6.1. Company overview
9.6.2. Key executive
9.6.3. Company snapshot
9.6.4. Product portfolio

9.7. Power Home Remodeling Group, LLC

9.7.1. Company overview
9.7.2. Key executives
9.7.3. Company snapshot
9.7.4. Product portfolio

9.8. Rainbow Restoration

9.8.1. Company overview
9.8.2. Key executives
9.8.3. Company snapshot
9.8.4. Product portfolio

9.9. Servpro

9.9.1. Company overview
9.9.2. Key executives
9.9.3. Company snapshot
9.9.4. Product portfolio
9.9.5. Key strategic moves and developments

9.10. Venturi Restoration

9.10.1. Company overview
9.10.2. Key executives
9.10.3. Company snapshot
9.10.4. Product portfolio

LIST OF TABLES

TABLE 01. HOME IMPROVEMENT SERVICES MARKET REVENUE, BY TYPE, 2020-2030 ($BILLION)
TABLE 02. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR KITCHEN RENOVATION & ADDITION, BY REGION, 2020-2030 ($BILLION)
TABLE 03. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR BATHROOM RENOVATION & ADDITION, BY REGION, 2020-2030 ($BILLION)
TABLE 04. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR EXTERIOR & INTERIOR REPLACEMENTS, BY REGION, 2020-2030 ($BILLION)
TABLE 05. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR SYSTEM UPGRADES, BY REGION, 2020-2030 ($BILLION)
TABLE 06. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR OTHERS, BY REGION, 2020-2030 ($BILLION)
TABLE 07. HOME IMPROVEMENT SERVICES MARKET REVENUE, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 08. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR UNDER 35, BY REGION, 2020-2030 ($BILLION)
TABLE 09. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR 35-54, BY REGION, 2020-2030 ($BILLION)
TABLE 10. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR 55-64, BY REGION, 2020-2030 ($BILLION)
TABLE 11. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR ABOVE 65, BY REGION, 2020-2030 ($BILLION)
TABLE 12. HOME IMPROVEMENT SERVICES MARKET REVENUE, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 13. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR METRO CITIES, BY REGION, 2020-2030 ($BILLION)
TABLE 14. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR METRO CITIES, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 15. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR OTHER NON-METRO CITIES & TOWNS, BY REGION, 2020-2030 ($BILLION)
TABLE 16. HOME IMPROVEMENT SERVICES MARKET REVENUE FOR OTHER NON-METRO CITIES & TOWNS, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 17. HOME IMPROVEMENT SERVICES MARKET, BY REGION, 2020-2030 ($BILLION)
TABLE 18. NORTH AMERICA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 19. NORTH AMERICA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 20. NORTH AMERICA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 21. NORTH AMERICA HOME IMPROVEMENT SERVICES MARKET REVENUE FOR METRO CITIES, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 22. NORTH AMERICA HOME IMPROVEMENT SERVICES MARKET REVENUE FOR OTHER NON-METRO CITIES & TOWNS, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 23. NORTH AMERICA HOME IMPROVEMENT SERVICES MARKET, BY COUNTRY, 2020-2030 ($BILLION)
TABLE 24. U.S. HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 25. U.S. HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 26. U.S. HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 27. CANADA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 28. CANADA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 29. CANADA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 30. MEXICO HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 31. MEXICO HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 32. MEXICO HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 33. EUROPE HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 34. EUROPE HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 35. EUROPE HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 36. EUROPE HOME IMPROVEMENT SERVICES MARKET REVENUE FOR METRO CITIES, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 37. EUROPE HOME IMPROVEMENT SERVICES MARKET REVENUE FOR OTHER NON-METRO CITIES & TOWNS, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 38. EUROPE HOME IMPROVEMENT SERVICES MARKET, BY COUNTRY, 2020-2030 ($BILLION)
TABLE 39. GERMANY HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 40. GERMANY HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 41. GERMANY HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 42. UK HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 43. UK HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 44. UK HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 45. FRANCE HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 46. FRANCE HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 47. FRANCE HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 48. ITALY HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 49. ITALY HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 50. ITALY HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 51. REST OF EUROPE HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 52. REST OF EUROPE HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 53. REST OF EUROPE HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 54. ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 55. ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 56. ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 57. ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET REVENUE FOR METRO CITIES, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 58. ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET REVENUE FOR OTHER NON-METRO CITIES & TOWNS, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 59. ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET, BY COUNTRY, 2020-2030 ($BILLION)
TABLE 60. CHINA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 61. CHINA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 62. CHINA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 63. JAPAN HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 64. JAPAN HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 65. JAPAN HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 66. SOUTH KOREA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 67. SOUTH KOREA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 68. SOUTH KOREA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 69. INDIA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 70. INDIA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 71. INDIA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 72. REST OF ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 73. REST OF ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 74. REST OF ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 75. LAMEA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 76. LAMEA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 77. LAMEA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 78. LAMEA HOME IMPROVEMENT SERVICES MARKET REVENUE FOR METRO CITIES, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 79. LAMEA HOME IMPROVEMENT SERVICES MARKET REVENUE FOR OTHER NON-METRO CITIES & TOWNS, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 80. LAMEA HOME IMPROVEMENT SERVICES MARKET, BY COUNTRY, 2020-2030 ($BILLION)
TABLE 81. LATIN AMERICA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 82. LATIN AMERICA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 83. LATIN AMERICA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 84. MIDDLE EAST HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 85. MIDDLE EAST HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 86. MIDDLE EAST HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 87. AFRICA HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030 ($BILLION)
TABLE 88. AFRICA HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030 ($BILLION)
TABLE 89. AFRICA HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030 ($BILLION)
TABLE 90. KEY BUSINESS EXPANSION, (2019–2021)
TABLE 91. KEY ACQUISITION, (2019–2021)
TABLE 92. PARTNERSHIP, (2019–2021)
TABLE 93. BELFOR: KEY EXECUTIVES
TABLE 94. BELFOR: COMPANY SNAPSHOT
TABLE 95. BELFOR: PRODUCT PORTFOLIO
TABLE 96. COIT SERVICES, INC.: KEY EXECUTIVES
TABLE 97. COIT SERVICES, INC.: COMPANY SNAPSHOT
TABLE 98. COIT SERVICES, INC.: PRODUCT PORTFOLIO
TABLE 99. CRANE RENOVATION GROUP: KEY EXECUTIVES
TABLE 100. CRANE RENOVATION GROUP: COMPANY SNAPSHOT
TABLE 101. CRANE RENOVATION GROUP: PRODUCT PORTFOLIO
TABLE 102. DKI VENTURES, LLC: KEY EXECUTIVES
TABLE 103. DKI VENTURES, LLC: COMPANY SNAPSHOT
TABLE 104. DKI VENTURES, LLC: PRODUCT PORTFOLIO
TABLE 105. FIRSTSERVICE CORPORATION: KEY EXECUTIVES
TABLE 106. FIRSTSERVICE CORPORATION: COMPANY SNAPSHOT
TABLE 107. FIRSTSERVICE CORPORATION: OPERATING SEGMENTS
TABLE 108. FIRSTSERVICE CORPORATION: PRODUCT PORTFOLIO
TABLE 109. MR. HANDYMAN: KEY EXECUTIVE
TABLE 110. MR. HANDYMAN: COMPANY SNAPSHOT
TABLE 111. MR. HANDYMAN: PRODUCT PORTFOLIO
TABLE 112. POWER HOME REMODELING GROUP, LLC: KEY EXECUTIVES
TABLE 113. POWER HOME REMODELING GROUP, LLC: COMPANY SNAPSHOT
TABLE 114. POWER HOME REMODELING GROUP, LLC: PRODUCT PORTFOLIO
TABLE 115. RAINBOW RESTORATION: KEY EXECUTIVES
TABLE 116. RAINBOW RESTORATION: COMPANY SNAPSHOT
TABLE 117. RAINBOW RESTORATION: PRODUCT PORTFOLIO
TABLE 118. SERVPRO: KEY EXECUTIVES
TABLE 119. SERVPRO: COMPANY SNAPSHOT
TABLE 120. SERVPRO: PRODUCT PORTFOLIO
TABLE 121. VENTURI RESTORATION: KEY EXECUTIVES
TABLE 122. VENTURI RESTORATION: COMPANY SNAPSHOT
TABLE 123. VENTURI RESTORATION: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. HOME IMPROVEMENT SERVICES MARKET SNAPSHOT, 2020–2030
FIGURE 03. HOME IMPROVEMENT SERVICES MARKET SNAPSHOT, BY COUNTRY, 2020–2030
FIGURE 04. HOME IMPROVEMENT SERVICES MARKET: KEY PLAYERS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. TOP IMPACTING FACTORS
FIGURE 07. LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 08. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 09. LOW THREAT OF SUBSTITUTES
FIGURE 10. MODERATE BARGAINING POWER OF BUYERS
FIGURE 11. MODERATE INTENSITY OF RIVALRY
FIGURE 12. VALUE CHAIN ANALYSIS
FIGURE 13. MARKET DYNAMICS
FIGURE 14. HOME IMPROVEMENT SERVICES MARKET, BY TYPE, 2020-2030
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR KITCHEN RENOVATION & ADDITION, BY COUNTRY,  2020 & 2030 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR BATHROOM RENOVATION & ADDITION, BY COUNTRY,  2020 & 2030 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR EXTERIOR & INTERIOR REPLACEMENTS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR SYSTEM UPGRADES, BY COUNTRY,  2020 & 2030 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR OTHERS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 20. HOME IMPROVEMENT SERVICES MARKET, BY BUYERS AGE, 2020-2030
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR UNDER 35, BY COUNTRY,  2020 & 2030 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR 35-54, BY COUNTRY,  2020 & 2030 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR 55-64, BY COUNTRY,  2020 & 2030 (%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR ABOVE 65, BY COUNTRY,  2020 & 2030 (%)
FIGURE 25. HOME IMPROVEMENT SERVICES MARKET, BY CITY TYPE, 2020-2030
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR METRO CITIES, BY COUNTRY,  2020 & 2030 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF HOME IMPROVEMENT SERVICES MARKET FOR OTHER NON-METRO CITIES & TOWNS, BY COUNTRY,  2020 & 2030 (%)
FIGURE 28. HOME IMPROVEMENT SERVICES MARKET, BY REGION, 2020-2030
FIGURE 29. U.S. HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 30. CANADA HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 31. MEXICO HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 32. GERMANY HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 33. UK HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 34. FRANCE HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 35. ITALY HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 36. REST OF EUROPE HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 37. CHINA HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 38. JAPAN HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 39. SOUTH KOREA HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 40. INDIA HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 41. REST OF ASIA-PACIFIC HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 42. LATIN AMERICA HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 43. MIDDLE EAST HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 44. AFRICA HOME IMPROVEMENT SERVICES MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 45. MARKET PLAYER POSITIONING
FIGURE 46. TOP WINNING STRATEGIES, BY YEAR, 2019–2021
FIGURE 47. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2019–2021 (%)
FIGURE 48. TOP WINNING STRATEGIES, BY COMPANY, 2019–2021
FIGURE 49. FIRSTSERVICE CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 50. FIRSTSERVICE CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51. FIRSTSERVICE CORPORATION: REVENUE SHARE BY REGION, 2020 (%)

 
 

The home improvement services market is mainly driven by rise in interest rates and property costs. In addition, remodeling of newly bought old homes as per one’s choice is another factor driving the home improvement services market. The home improvement services market was valued at $316.8 billion in 2020, and is expected to reach $585.3billion by 2030, registering a CAGR of 6.2% from 2021 to 2030.

However, rise in DIY culture across the world with assistance through YouTube videos, professional courses, and availability of advanced toolsin the market that are easy to operate has hampered the growth of the home improvement services market. On the contrary, adoption of automation in homes and installation of smart & energy-efficient devices along with improving lifestyle of people in developing countries is expected to be a major opportunity for the growth of the home improvement services market during the forecast period.

Major companies in the market have adopted strategies, such as business expansion, partnership, and acquisition, to offer better products and services to customers in the home improvement services market.

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FREQUENTLY ASKED QUESTIONS?
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A. The global home improvement services market size was valued at $316.8 billion in 2020, and is projected to reach $585.3 billion by 2030, growing at a CAGR of 6.2% from 2021 to 2030.

A. The forecast period considered for the global home improvement services market is 2021 to 2030, wherein, 2020 is the base year, 2021 is the estimated year, and 2030 is the forecast year.

A. To get latest version of global home improvement services market report can be obtained on demand from the website.

A. The base year considered in the global home improvement services market report is 2020.

A. The top companies holding the market share in the global home improvement services market report include Belfor, Coit Services, Inc., Crane Renovation Group, DKI Ventures, LLC, FirstService Corporation, Mr. Handyman, Power Home Remodeling Group, LLC, Rainbow Restoration, Servpro, and Venturi Restoration.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. By type, the others segment dominated the global home improvement services market, in terms of revenue and is expected to maintain this trend during the forecast period.

A. By city type, the metro cities segment is the highest share holder of global home improvement services market.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. The market value of the global home improvement services market is $341.1 billion in 2021.

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