Among consumers, many of the primary markets pertaining to kitchen remodeling projects are expected to have decline in 2023 and 2024, with growth rebounding in 2025 through 2027.
Pros are expected to contribute to ongoing growth in the paint and paint supplies, flooring, and plumbing supplies markets due to continued market demand for repair and replace projects as homeowners update the aging housing stock.
Here are further market trends to note:
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