The MarketWatch News Department was not involved in the creation of this content.
Dec 02, 2020 (Market Insight Reports) —
The global home improvement market size is expected to reach USD 1120 billion by 2025, progressing at a CAGR 4.5% over the forecast period, according to a new report by Global Market Insights, Inc.
The global home improvement market has depicted robust expansion in the last half a decade or so, attributed to the expansive boom in the real estate domain. In recent times, there has been a spurt in disposable incomes in nations such as Brazil, Indonesia, Mexico, India, and more, leading to better affordability and the increased demand for enhanced lifestyles. The surge in incomes has led to people undertaking a variety of home improvement projects, defined by the presence of modern household products, aesthetically painted walls, and appealing interiors.
In recent years, there has been a massive