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Popularization of DIY, Skyrocketing House Prices, Rising Disposable Income, Technologically Advanced Home Improvement Products
DUBLIN, Nov. 11, 2022 /PRNewswire/ — The “ASEAN Home Improvement Market (Indonesia, Singapore, Philippines, Thailand & Malaysia): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)” report has been added to ResearchAndMarkets.com’s offering. Research and Markets Logo The ASEAN home improvement market is forecasted to reach US$11.80 billion in 2026, experiencing growth at a CAGR of 9.23% for the period spanning 2022-2026. Growth in the ASEAN home improvement market was supported by factors such as increasing population in ASEAN countries, skyrocketing house prices, rapid urbanization and favorable demographic structure. Rising e-commerce penetration and increase in work from home and freelancing jobs is likely to have a positive impact on the…