DUBLIN–(BUSINESS WIRE)–The “ASEAN Home Improvement Market (Indonesia, Singapore, Philippines, Thailand & Malaysia): Insights & Forecast with Potential Impact of COVID-19 (2023-2027)” report has been added to ResearchAndMarkets.com’s offering.
The ASEAN home improvement market is on a growth trajectory, with a forecasted value of $13.00 billion by 2027, experiencing a robust CAGR of 9.33% during the period from 2023 to 2027.
Key Growth Factors:
Challenges:
Market Segmentation:
The ASEAN home improvement market includes key regions such as Indonesia, Thailand, Malaysia, Philippines, and Singapore. Within these regions, the market is segmented into various categories:
Retail Space Per Capita:
Malaysia holds the dominant share of home improvement retail space per capita in 2022, followed by Thailand. Factors such as unaffordable home loans and rising disposable income have contributed to this growth. The availability of retail space enables consumers to explore a wide range of products and make informed choices.
Key Players:
Leading players in the ASEAN home improvement market include Ace Hardware Indonesia, Dairy Farm International Holding Limited, Siam Global House Public Company Limited, Home Product Center Public Company Limited, Mr D.I.Y. Group, and AllHome Corp. These companies play a pivotal role in shaping the market’s competitive landscape.
Key Attributes:
Report Attribute | Details |
No. of Pages | 82 |
Forecast Period | 2023 – 2027 |
Estimated Market Value (USD) in 2023 | $9.1 Billion |
Forecasted Market Value (USD) by 2027 | $13 Billion |
Compound Annual Growth Rate | 9.3% |
Regions Covered | Asia Pacific |
For more information about this report visit https://www.researchandmarkets.com/r/xveens
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
TOKYO & NEW YORK & DÜSSELDORF, Germany--(BUSINESS WIRE)--Asahi Kasei announced today that it will construct…
PASCARI brings Boot, SATA, Data Center, and high-performance X-Series to channel expanding Phison’s market share…
LONG BEACH, Calif.--(BUSINESS WIRE)--#Laserfiche--Laserfiche — the leading SaaS provider of intelligent content management and business…
One of the singular largest loans in the bank’s decades-long history supports Thailand's ambitious Bio-Circular-Green…
– Building a partnership towards commercialization of Level 4 autonomous driving in 2027 – MOUNTAIN…
Global healthcare management organization benefit from the flexibility, cost-savings, and quality support gained by choosing…