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Home Improvement & Specialty Market

Home Improvement & Specialty Market

Home Improvement & Specialty Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Types Indoor lighting, Outdoor lighting, Furniture, Building, Others
  • By Applications Online, Retail
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 3540 Million
Revenue 2028Revenue 2028: 7210.49 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 9.3
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Research Methodology: Home Improvement & Specialty Market - Global Market Assessment, 2021 - 2028

The global Home Improvement & Specialty market research study is based on a comprehensive research methodology that is used to arrive at the market estimations and forecasts. This methodology aid analysts and to learn and understanding market facts and insights from the innermost levels of the market. The whole research process involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Out of the total primary respondents, 24% were from North America, 29% were from Europe, 31% were from the Asia Pacific, and the rest of the respondents were from Latin America and MEA. Consumer spending data distinguished by regions was considered while studying the Home Improvement & Specialtymarket. 

Secondary Research

Primary Research:

Primary research is conducted to verify and revalidate the data gained/procured from the secondary data sources. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:

  • Home Improvement & Specialtymarket size at regional and country level
  • Understanding market developments, future growth prospects, and upcoming challenges
  • Overview of the Home Improvement & Specialtysupply chain and overall ecosystem

Data Triangulation and Market Size Estimations

The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Home Improvement & Specialtymarket.

Frequently Asked Question
  • The global Home Improvement & Specialty valued at 3540 Million in 2020 and is expected to reach 7210.49 Million in 2028 growing at a CAGR of 9.3%.

  • The prominent players in the market are Home Depot, Alibaba, Ace Hardware, Bunnings Warehouse, Praxis, Rona, Bricostore, Wickes, Lowe’s, Bauhaus, Amazon, Canadian Tire, Homebase, Ebay, Inside Tweedy and Popp Hardware..

  • The market is project to grow at a CAGR of 9.3% between 2021 and 2028.

  • The driving factors of the Home Improvement & Specialty include

    • The home improvement market development is a combination of factors such as lower lending rates and rising land costs. The growing population, increasing employment, internal and external migration, and innovative products offered by the company are some of the major factors that are driving the demand for home improvement products in the years to come.
    • Furthermore, the growing urbanization, expansion in the industrial sector, and improvement in standard of living are also other major factors that are expected to support the growth of the over the estimated timeframe.

  • North America was the leading regional segment of the Home Improvement & Specialty in 2020.