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Commercial Remodeling Market Expected to Hit $45.2B This Year

1 min read

The size of the commercial property remodeling market in the United States was expected to reach $45.24 billion in 2022, according to Statista, a provider of market and consumer data based in Hamburg, Germany.

The trend toward market growth began in 2011 and peaked in 2019 at $50.06 billion, followed by a decline and what are forecast to be several years of minor fluctuation, Statista noted in a blog post in June.

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