The global demand for Home Services Market is presumed to reach the market size of nearly USD 3441 Million by 2032 from USD 586.28 Million in 2023 with a CAGR of 21.73% under the study period 2024-2032.
Home services encompass a broad range of professional services offered to homeowners for their residential properties' maintenance, repair, improvement, or enhancement. These services include plumbing, electrical work, HVAC (heating, ventilation, and air conditioning) systems, landscaping, cleaning, pest control, home security, and renovation. Home service providers may include individual contractors, specialized tradespeople, handyman services, or companies offering comprehensive home maintenance packages. By outsourcing these services, homeowners can ensure their properties' safety, efficiency, and longevity, addressing routine maintenance needs and tackling larger projects with expert assistance.
The home services market is primarily driven by the growing demand for convenience, efficiency, and personalized experiences among consumers seeking assistance with various household tasks and maintenance activities. Factors such as busy lifestyles, dual-income households, and aging populations drive market demand for professional home service providers who can offer reliable, quality services to alleviate the load of household chores and maintenance tasks. Additionally, technological advancements and digital platforms facilitate easy access to home service providers through online booking platforms, mobile apps, and service marketplaces, enabling consumers to conveniently find, schedule, and pay for services from their smartphones or computers.
Moreover, the increasing trend of outsourcing non-core activities and seeking specialized expertise drives market growth for niche home services such as smart home installations, appliance repairs, and eco-friendly cleaning solutions. Furthermore, the COVID-19 pandemic has hastened the adoption of home services as consumers prioritize health, safety, and hygiene, preferring contactless and professionally delivered services to minimize exposure risks. As consumer preferences continue to change and the demand for convenience-driven solutions grows, the market is poised for continued expansion and innovation to meet the diverse needs of modern households. However, increasing competition and regulatory constraints may hinder market growth in the next few years.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Home Services. The growth and trends of Home Services industry provide a holistic approach to this study.
This section of the Home Services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Deployment
By Home Improvement Type
By Repairs & Maintenance
This section covers the regional outlook, which accentuates current and future demand for the Home Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Home Services market include Amazon Home Service, Home Depot, American Home Shield, Angie’S List, Japan Best Recuse, Myhammer, Johns Lyng Group, Korea Housing Management Co. Ltd, Sodimac, Dapenaro, Pointer Systems Srl. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1. PREFACE
1.1. Report Description
1.1.1 Objective
1.1.2 Target Audience
1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1 Market Research Process
1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3. HOME SERVICES – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Deployment
3.7.2 Market Attractiveness Analysis By Home Improvement Type
3.7.3 Market Attractiveness Analysis By Repairs & Maintenance
3.7.4 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1 List of Raw Materials
4.2.2 Raw Material Manufactures List
4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1 Direct Marketing
4.4.2 Indirect Marketing
4.4.3 Marketing Channel Development Trend
5. GLOBAL HOME SERVICES MARKET ANALYSIS BY DEPLOYMENT
5.1. Overview By Deployment
5.2. Historical and Forecast Data Analysis By Deployment
5.3. Online Historic and Forecast Sales By Regions
5.4. Offline Historic and Forecast Sales By Regions
6. GLOBAL HOME SERVICES MARKET ANALYSIS BY HOME IMPROVEMENT TYPE
6.1. Overview By Home Improvement Type
6.2. Historical and Forecast Data Analysis By Home Improvement Type
6.3. Construction Historic and Forecast Sales By Regions
6.4. Interior Design Historic and Forecast Sales By Regions
7. GLOBAL HOME SERVICES MARKET ANALYSIS BY REPAIRS & MAINTENANCE
7.1. Overview By Repairs & Maintenance
7.2. Historical and Forecast Data Analysis By Repa...
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