NAICS 236118 - Residential Remodelers
This U.S. industry comprises establishments primarily responsible for the remodeling construction (including additions, alterations, reconstruction, maintenance and repair work) of houses and other residential buildings, single-family and multifamily. Included in this industry are remodeling general contractors, operative remodelers, remodeling design-build firms, and remodeling project construction management firms.
Industry trends:
In the NAICS 236118 Residential Remodelers industry, several qualitative trends have emerged recently. Homeowners are increasingly prioritizing sustainability, opting for eco-friendly materials and energy-efficient upgrades. This shift is driven by greater environmental awareness and stringent government regulations. Additionally, smart home technology has become a significant trend, with consumers looking for modern homes equipped with intelligent systems for enhanced convenience and security.
The demand for customized and personalized living spaces is on the rise, as homeowners seek to create unique environments that reflect their personalities and lifestyles. The aging population is also influencing the market, with a growing need for age-in-place modifications that allow seniors to live independently for longer periods.
Looking ahead, the industry is expected to see sustained growth fueled by the robust housing market and increasing disposable incomes. However, supply chain disruptions and rising material costs pose challenges. Remodelers should adapt by diversifying suppliers and incorporating cost-effective design solutions. Overall, the blend of technology, sustainability, and personalization will continue to shape the industry in the near future.
This industry is comprised of:
Addition, alteration and renovation (i.e., construction), multifamily building
Addition, alteration and renovation (i.e., construction), residential building
Addition, alteration and renovation of single-family dwellings
Addition, alteration and renovation, multifamily building, general contractors
Addition, alteration and renovation, multifamily building, operative builders
Addition, alteration and renovation, residential building, general contractors
Addition, alteration and renovation, residential building, operative builders
Addition, alteration and renovation, single-family housing, general contractors
Addition, alteration and renovation, single-family housing, operative builders
Building, residential, addition, alteration and renovation
Construction management, residential remodeling
Fire and flood restoration, multifamily building, general contractors
Fire and flood restoration, single-family housing, general contractors
Handyman construction service, residential building
Home improvement (e.g., adding on, remodeling, renovating)
Home improvement (e.g., adding on, remodeling, renovating), multifamily building, general contractors
Home improvement (e.g., adding on, remodeling, renovating), multifamily building, operative builders
Home improvement (e.g., adding on, remodeling, renovating), single-family housing, general contractors
Home improvement (e.g., adding on, remodeling, renovating), single-family housing, operative builders
Home renovation
Porch construction, residential-type
Remodeling and renovating general contractors, multifamily building
Remodeling and renovating general contractors, residential
Remodeling and renovating general contractors, single-family housing
Remodeling and renovating operative builders
Remodeling and renovating single-family housing
Remodeling and renovating, residential building
Sun-room additions, residential
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