The Private Household Services Global Market Report 2023, provides comprehensive information on the private household services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global private household services market size is expected to grow from $267.29 billion in 2022 to $2944.20 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global private household services market size is expected to reach $423.01 billion in 2027 at a CAGR of 9.5%.
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Technological advancement is a key trend gaining popularity in the private household services market. Major companies operating in private household services are focused on developing innovative solutions to strengthen their position in the market. For instance, in June 2022, Home In One., a US-based home service company, launched a booking app platform, especially for home services. This booking experience uses a user-friendly, intuitive platform purpose-built to make home servicing as simple and convenient as possible, and the booking process easy. After choosing the desired service and setting the time and date, Home In One’s automated smart system will finds the best service provider to work on the client’s tasks. Schedules can be set for one-time or recurring appointments. Additionally, through this platform, clients can communicate with vendors to clarify things, add comments, and set ratings for their services.
The private household services market is segmented:
1) By Type: Home Care And Design, Repair And Maintenance, HWB, Other Types
2) By Services: Floor Cleaning, Window Cleaning, Carpet Cleaning, Other Services
3) By Home Improvement: Construction, Interior Design
Asia-Pacific was the largest region in the private household services market in 2022.
The table of contents in TBRC’s private household services market report includes:
1. Executive Summary
2. Private Household Services Market Characteristics
3. Private Household Services Market Trends And Strategies
4. Private Household Services Market – Macro Economic Scenario
5. Private Household Services Market Size And Growth
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26. Africa Private Household Services Market
27. Private Household Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Private Household Services Market
29. Private Household Services Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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