Market reports point toward a paint and coatings industry that is returning to its pre-pandemic levels of stability and even projected to experience considerable growth over the next few years.
Doors and windows are two important elements of a building’s envelope and they directly affect how the structure performs on multiple fronts, not to mention the health and wellbeing of inhabitants. Here are a handful of trends influencing the fenestration industry over the next 5 years.
Building products manufacturers need to structure their product lines to match the preferences of the investor - meaning on trend, low maintenance, resident health focused, and still affordable raw materials and finishings.
Ultimately, channel diversification can help manufacturers of smart home products and systems connect with a wide variety of individuals, systems integrators, and other stakeholders in order to innovate for the changing purchasing behaviors of the modern homeowner and renter.
While renters have become increasingly mindful of healthy housing—especially among younger tenants and those with children—their concerns have evolved since our study with Harvard's Joint Center for Housing Studies in 2018.
About a third of home remodeling projects in 2021 involved installing energy efficient appliances. Indoor air quality monitoring systems and water filtration systems were also among the most common products incorporated into renovations. Top of mind among homeowners for future projects are the following:
Download informative reports to keep a pulse on how your target DIYer, Contractor, Builder, and Architectural customers' purchase behaviors are changing.
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