The business intelligence report titled ‘North America Bath Remodeling Market Size By Material (Stone, Ceramic Glass, Metal), By Product (Bathtub, Faucet, Shower System, Lavatory Sinks), By End-use (Residential, Commercial), COVID-19 Impact Analysis, Country Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, states that North America bathroom remodeling market is slated to amass a sizeable valuation by the end of 2027.

As per the findings of the report, evolving purchasing patterns of consumers, rising disposable income, and supportive energy efficiency initiatives by governments and regulatory authorities are the primary factors aiding the augmentation of North America bath remodeling market.

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Notably, the market has experienced major setbacks since the onset of the Covid-19 pandemic. However, lockdown mandates have been favorable for market development as most of the population is focused on improving the aesthetic value of their homes.

Despite the positive industry outlook, necessity to enhance supply chain visibility and soaring labor costs may restrict market expansion in the forthcoming years.

Moving on to product segmentation, the lavatory sinks sub-segment is expected to register a CAGR of more than 3% through 2027 attributable to availability of a range of products.

Based on material, the glass sub-segment is slated to amass a substantial valuation of USD 8 billion during the analysis timeframe, creditable to mounting product demand in commercial and hospitality spaces.

With respect to end use, the residential sub-segment accounted for 60% of North America bath remodeling industry share in the recent past and is likely to continue an upward growth trend in the ensuing years. Burgeoning demand for upgradation of several family homes combined integration of smart technologies in households are fueling the segmental expansion.

From a regional frame of reference, United States market is set to capture a CAGR of more than 4% during the study period due to proliferation of redevelopment projects across both urban and suburban areas in the country.

Considering the competitive landscape, Statewide Remodeling, DuPont de Nemours Inc., Case Design/Remodeling Inc., Tapco Group, Dreamstyle Remodeling, American Bath LLC, Pella Corporation, Masco Corporation, Harvey Building Products, Neil Kelly Company, and Kohler Co. are among the major players impacting the trends of bath remodeling market in North America.