The home improvement services market 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 from the fees charged on home improvement services for their design and application. It includes remodeling, refurbishing, and renovating of old homes as per requirement.

New York, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Home Improvement Services Market by Type, Buyers Age and City Type : Global Opportunity Analysis and Industry Forecast, 2021–2030" - https://www.reportlinker.com/p06126716/?utm_source=GNW

The major driving factor for the home improvement services market is rise in interest and property costs across the world. This leads people to renovate or refurbish old houses as per their requirement and avoid huge expenditure on new houses. In addition, remodeling of newly bought old homes as per the requirement or choice before moving into the house is another driving factor of the home improvement services market. However, rise in DIY culture hampers the market at a greater extent. Several DIY videos are easily available on internet platforms such as YouTube. In addition, many online courses are easily available for training purposes for individuals as well as professionals. This leads people to perform their renovation activities without hiring for professional help. On the contrary, rising smart homes and home automation technology has led to installation of new equipment and gadgets that are energy-efficient. This is a major opportunity for the home improvement services market growth during the forecast period.
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).

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 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 market industry.

KEY MARKET SEGMENTS

By Type
o Kitchen Renovation & Addition
o Bathroom Renovation & Addition
o Exterior & Interior Replacements
o System Upgrades
o Others

By Buyers Age
o Under 35
o 35-54
o 55-64
o Above 65

By City Type
o Metro Cities
o Other Non-metro Cities & Towns

By Region
o North America
U.S.
Canada
Mexico
o Europe
Germany
UK
France
Italy
Rest of Europe
o Asia-Pacific
China
Japan
South Korea
India
Rest of Asia-Pacific
o 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
Read the full report: https://www.reportlinker.com/p06126716/?utm_source=GNW

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