US Home Improvement Statistics 2020 | Market Size, Future Demand, Technology, Top Leading Player, Emerging Trends and Regional Forecast to 2025

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Sep 23, 2020 (Heraldkeepers) —
Global Home Improvement Market is valued at USD 849.31 Billion in 2019 and expected to reach USD 1155.79 Billion by 2026 with the CAGR of 4.5% over the forecast period.

Brandessece Market Research recently added the Home Improvement Market research report which offers a thorough study of the market scenario regarding the market size, share, demand, growth, trends, and forecast from 2020-2026. The report deals with the impact analysis of the COVID-19 pandemic. The COVID-19 pandemic has impacted exports, imports, demand and trends in the industry and is expected to have some economic impact on the market. The report offers a comprehensive analysis of the impact of the pandemic across the industry and provides insights into a post-COVID-19 market scenario.

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Scope of US Home Improvement Market Report-

The home improvement referred as the process of renovating or making additions to one’s home. It is also known as remodeling or renovation. It can consist of activities which upgrade existing home interior, exterior or other improvements to the property. This is because home improvement is also a great opportunity to improve the comfort, safety and energy performance of house or apartment by adding or raise insulation. While home improvement often refers to building projects that change the structure of an existing home, it can also include improvements to lawns, gardens and outdoor structures, such as gazebos and garages. It also includes maintenance, repair, and general servicing tasks. US home improvement industry is expected to show a significant growth in the coming few years. According to the Joint Center for Housing Studies of Harvard University; Boomers are expected to account for 56% of all residential remodeling spending by 2025, up from 31% in 2005. That gives remodelers plenty of opportunity to address the growing need for aging-in-place renovations.

US Home Improvement market report is segmented on the basis of product type, application and region & country level. Based upon product type, home improvement market is classified as door hardware, building materials, kitchen and toilet product and others. Based upon application, US home improvement market is classified into online marketing and offline marketing.

The regions covered in this US Home Improvement market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Home Improvement is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Key Players for US Home Improvement Market Report-

Home Depot , Lowe’s

Inside Tweedy and Popp Hardware

Ace Hardware

Rona

Canadian Tire

Homebase

Wickes

Bauhaus

Bricostore

Praxis

Alibaba

Ebay

Amazon

Bunnings Warehouse and others.

News-

Lowe’s Commits To Keeping Home Improvement Pros Working

June 1st, 2020; In an effort to help keep Pros working, Lowe’s unveils the first step in its previously announced USD 25 million commitment to support small businesses with the launch of

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Meat Substitute Industry Data Statistics Analysis by 2020-2025

Meat Substitute

Meat Substitute

Latest Research Study on Global Meat Substitute Market published by AMA, offers a detailed overview of the factors influencing the global business scope. Global Meat Substitute Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors, Challenges and Current Scenario Analysis of the Global Meat Substitute. This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Amy’s Kitchen (United States), Beyond Meat (United States), Cauldron Foods Limited (United Kingdom), Garden Protein International, Inc. (Canada), Quorn Foods, Inc. (United States), VBites Foods Limited (United Kingdom), Morningstar Farms L.C. (United States), MGP Ingredients, Inc. (United States), Sonic Biochem Extractions Ltd. (India) and Archer Daniels Midland Company (United States)
Our Free Complimentary Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.

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Brief Overview on Employee Engagement Software
Since over the past decade animal based meats have caused variety of health risks in the global population such as increased health diseases, cancer patients. In addition to this, meat production is leading to increased air pollution and it has also robustly increased the greenhouse emissions. Moreover, consumption of meat products has led to lose the around 66 billion of the livestock animals across the globe every year. Thus, to nullify the losses caused due to meat products, meat substitutes are introduced to the global market. Hence the market will grow at highest rate with respect to comparatively beneficial solutions than the meat based food products which also helps in improving animal welfare as well as human health. According to AMA, the Global Meat Substitute market is expected to see growth rate of 6.58% and may see market size of USD6.81 Billion by 2024.
The Global Meat Substitute Market segments and Market Data Break Down are illuminated below:
Type (Tofu-based, Tempeh-based, TVP-based, Seitan-based, Quorn-based, Others), Raw Material (Soy-based, Wheat-based, Mycoprotein), Category (Frozen, Refrigerated, Shelf Stable), Distribution Channel (Online, Offline), Source (Soy-based, Wheat-based, Mycoprotein, Other)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Meat Substitute Market:
Chapter 1: Introduction, market

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Home Improvement Industry Statistics, Trends & Analysis [2020]

The U.S. home improvement industry is stronger than it has been in over ten years and encompasses the sale of building materials, appliances, décor, and other home enhancements, and the services offered by contractors, tradespeople, and other workers who help to build, install, modify, and upgrade homes. The business of homeownership represents a significant portion of the U.S. economy.

$394B

total home improvement sales in the U.S. in 2018

$680B

forecast revenue for DIY home improvement market in 2025

 5.5%

growth of U.S. home improvement industry in 2019

 68%

consumers who visit home improvement store websites

With a nationwide shortage of housing and record-high home prices, more homeowners prefer to stay in their properties versus move or upgrade to new ones. The deficit doesn’t just affect owner-occupied properties. Rental housing is also increasingly scarce. It’s no wonder that nearly half of American homeowners are living in the first home they purchased. Of those who have lived there for longer than six years, 61% will choose to renovate instead of move. These homeowners are staying in their homes and spending considerable resources on remodeling, renovations, and redecorating. Whether it’s on discretionary or necessary projects, consumers spent 17% more in 2018 on their homes than in 2017.

 

 

As the bulk of existing residential properties in the United States ages, new construction struggles to keep up with increasing demand. In this housing market, the business of the upkeep, maintenance, and improvement of existing properties flourishes. Home improvement spending still outpaces home maintenance spending.

Home improvement can encompass a project as simple as repainting a room or as complex as gutting an interior. Homeowners are increasingly choosing the do-it-yourself or DIY option, and big-box stores such as Home Depot make it easier than ever. Both Lowes and Home Depot offer workshops and classes. They stock vast selections of materials that would have been found mainly in contractor supply houses even a decade ago. Tool and equipment rental stretches the budget and increases accessibility to homeowners who would never be able to afford a project otherwise.

Many regions in the U.S. are experiencing favorable economic conditions that tend to coincide with remodeling activity, such as strong growth in both employment and home value. As home prices continue to rise, more homeowners are choosing to invest in home improvements and renovations. According to the Joint Center for Housing Studies, there is a proven connection between changes in median home values and home improvement spending. Homeowner equity assures homeowners that they can indeed afford the projects they could not afford during the great recession.

The bulk of projects Americans are undertaking are small scale (under $5,000), but big projects such as renovating kitchens and baths are growing in popularity. Most homeowners spent between $5,000 and $10,000 improving their homes in 2018, with those in more densely populated and metropolitan areas spending closer to $18,000. Home improvement and renovations in the U.S. totaled over $350 billion. $194 billion of that figure represents the 13 million projects started in

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Trump’s new coronavirus adviser uses made-up statistics and false claims to praise White House pandemic response

WASHINGTON — In a contentious interview on the BBC’s “Newshour,” the president’s new coronavirus adviser, Dr. Scott Atlas, said the United States had actually handled the coronavirus pandemic better than Europe, citing a discredited statistic of unknown origin.

In recent days, Atlas has eclipsed Dr. Anthony Fauci and Dr. Deborah Birx as Trump’s most visible, and presumably trusted, coronavirus adviser. In that role he used his appearance on the BBC to defend aspects of the president’s widely criticized response to COVID-19.

Atlas is affiliated with the conservative Hoover Institution at Stanford University. An expert in brain imaging, he has no experience with pandemic response but appears to have parlayed his frequent appearances on Fox News into a White House appointment.

Confronted by the BBC interviewer regarding his lack of expertise, Atlas lashed out. “You know, I have to laugh at that,” he said, adding that it was “sort of silly” to think a virologist or immunologist was needed to deal with the pandemic.

Before joining the Trump administration, Atlas made statements that called into question his understanding of the virus. He backed the push by several Republican governors to reopen their states’ economies in early May, while most public health officials, including Fauci, were urging caution. Many states in the Sun Belt did reopen, only to see significant spikes in both infections and deaths.

Later, Atlas tried to blame those spikes on antiracism protests and on immigrants from Mexico. The view of most public health experts is that when governors took the approach Atlas advocated, newly reopened restaurants, bars and other venues quickly became sites of viral transmission.

Dr. Scott Atlas, Trump's recently appointed coronavirus adviser. (Chris Kleponis/Polaris/Bloomberg via Getty Images)
Dr. Scott Atlas, Trump’s recently appointed coronavirus adviser. (Chris Kleponis/Polaris/Bloomberg via Getty Images)

Atlas has supported the controversial strategy of allowing the virus to spread naturally until enough of the population — around 60 or 70 percent, by varying estimates — has been exposed to achieve what’s called “herd immunity,” at which point the epidemic should end on its own. That was Sweden’s goal in resisting the kinds of lockdowns most other nations instituted. That strategy failed. 

Despite having explicitly and repeatedly advocated for the herd immunity approach, Atlas denied being a herd immunity proponent to the BBC, echoing a similar denial he made on CNN earlier this week. “I have never, literally never, advised the president of the United States to pursue a strategy of herd immunity, of opening the doors and letting people get infected,” he said.

While the contents of his advice to the president are not known, his record on herd immunity is unambiguous. Writing in the Hill in April, Atlas said that “infected people without severe illness are the immediately available vehicle for establishing widespread immunity.” That was around the time that Trump and many Republican governors were first growing weary of lockdowns, though those had gone into effect only weeks before. 

Atlas was a proponent of that view. “The data is in — stop the panic and end the total isolation,” his Hill op-ed

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