We hope your 2020 has gotten off to a great start! Not only is it a new year, but a new decade as well. This is a great time to start the home renovation you’ve always dreamed of! Make a statement in 2020 and do it right. For the first time in a while, the renovation market is on a downturn and there is less spending overall on home improvement. If you are planning to take on any major home projects in the near future, take note of these trends to get the most bang for your buck in the coming year.
1. Wellness-Focused Improvements
Millennials are known to be environmentally friendly and health-conscious consumers. So, this trend comes as no surprise. Industry leaders found that home wellness is a major focus of home renovations in 2020. Non-toxic materials are a huge selling point for homeowners, as well as air and water purification systems. Along with these important factors, home projects tend to produce a lot of excess materials and waste to be disposed of. At 360 Industrial Group, we will remove and dispose of the debris properly so you don’t have to!
2. Emphasis on Savings
Although home renovation is expected to decline in 2020, people will continue to spend money on projects for their homes. The trend, however, will be cost-efficiency. There will be an increase in energy-efficient lighting, home insulation, and improved roofing. The new year is all about being smart with your money and getting the most value out of your investment.
3. Popularity of Paint
Paint companies such as Benjamin Moore and Sherwin-Williams, among others, will see steady growth throughout 2020. A simple paint job can make all the difference for your home interior or exterior. Whether it be revitalizing an old piece of furniture, adding an accent wall, or sprucing up the front door – your home’s selling potential is sure to soar with a fresh coat of paint.
4. Custom Features
There is an opportunity on the horizon for emerging companies to gain market share in the industry. Millennial homeowners are attracted to innovative products that they can be excited about. For instance, remember when soft-close drawers hit the market? In 2020, we will see a greater range of semi-custom and custom products like this.
5. Climate Change Adaptations
As climate change is becoming an even more pressing issue than before, homeowners will need to act accordingly. As the volatility of extreme weather patterns increases, homeowners are being cautioned to invest in disaster-resistant home improvements.
6. Home Tech is Evolving
In 2020, the talk of “smart” products will only continue to grow. Whether it be a robotic cleaning device such as the Roomba, voice recognition systems, or smart lighting, the domination of futuristic design is here to stay. Another rising trend is unmonitored security systems, which protect your home in a way never imagined before.
7. DIY is Here to Stay
More homeowners are taking on DIY projects in the new year. With the accessibility of platforms such as YouTube and Pinterest, consumers are more willing to take on challenges that inspire their creativity. They are also using technology to become better informed on the purchases they make. Consumers care more about the quality of their purchases and the value they will receive from them, for good reason.
Home Renovation Services in East Rutherford, New Jersey
At 360 Industrial Group, we have over 15 years of experience in high-quality demolition, debris removal, and salvage services. Whether your setting is residential, commercial, or industrial, we are ready to help. Our professional team is present at every job site, overseeing plans and ensuring that everything runs smoothly. In addition, you can rest assured that all items will be disposed of properly, as we strive to make the smallest environmental footprint possible. Contact us to receive a quote or to ask any questions you have about our services. We look forward to helping make your home renovation a success!