The Personal Goods Repair And Maintenance by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Personal Goods Repair And Maintenance, The personal goods repair and maintenance market size has grown strongly in recent years. It will grow from $148.08 billion in 2023 to $158.43 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to rise in disposable income, strong economic growth in emerging markets, rapid urbanization, increased internet penetration, and increased availability of mobile devices.
The personal goods repair and maintenance market size is expected to see strong growth in the next few years. It will grow to $203.5 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to growing sense of sustainability, higher purchase cost of new products, growing personal goods failure rate and cost-benefit associated with repairing old goods, increasing government regulations for waste management. Major trends in the forecast period include companies should focus on adopting iot for their operations to enhance efficiency and to keep track of the real-time status of devices, implementing ar-based procedures to enhance their performance, consider merging with financial and other household appliances companies to strengthen their financial stability and enhance their performance, consider adopting predictive maintenance solutions to reduce breakdowns and improve efficiency by predicting parts failures in advance.
An increase in household gardening is expected to propel the growth of the personal goods repair and maintenance market. The practice of maintaining and growing a garden, especially as a hobby is referred to as gardening. Gardening tools require regular maintenance and remain in good working condition with routine maintenance. In addition to being sharp, tools also need to be pristine and antiseptic. Tools can spread bacterial, fungal, or insect infestations across the garden if they come into contact with plants or soil that has such issues. With an increase in the number of people involved in gardening, the need for the maintenance of gardening equipment is also rising. For instance, according to RubyHome a US-based luxury real estate brokerage firm, 55% of American households engage in gardening activities and maintain a garden in their house. Nearly 18.3 million U.S. households started gardening in 2021. In addition, according to 2021 research among 1,023 Canadian adults, conducted by the Agri-Food Analytics Lab at Dalhousie University, a public research university in Canada, 51% of respondents said they grew at least one variety of fruit or vegetable in a garden. Of those, 17.4% started growing food at home in 2020 during COVID-19. In addition, 67% of new gardeners in 2020 agreed that the pandemic influenced their decision to start gardening. Therefore, the increase in household gardening is expected to drive the personal goods repair and maintenance market going forward.
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The personal goods repair and maintenance market covered in this report is segmented –
1) By Type: Home And Garden Equipment Repair And Maintenance, Appliance Repair And Maintenance, Reupholstery And Furniture Repair, Footwear And Leather Goods Repair, Other Personal And Household Goods Repair And Maintenance
2) By Mode: Online, Offline
3) By Service: Inspection, Maintenance, Repair
Major companies operating in the personal goods repair and maintenance market are focused on developing innovative solution such as self-service repair to gain a competitive edge in the market. The advantage of self-service repair is that it allows individuals to take control of fixing or maintaining their own belongings or systems without the need for professional assistance. For instance, in November 2021, Apple Inc., a US-based technology company, announced its self-service repair program. This program allows customers who are comfortable completing their own repairs to access Apple's genuine parts and tools. To use the self-service repair program, customers first review the repair manual for the product they want to repair.
The personal goods repair and maintenance market report table of contents includes:
1. Executive Summary
2.Personal Goods Repair And Maintenance Market Characteristics
3.Personal Goods Repair And Maintenance Market Trends And Strategies
4.Personal Goods Repair And Maintenance Market analysis
5.Personal Goods Repair And Maintenance Market Size And Growth
6.Personal Goods Repair And Maintenance Segmentation
7.Personal Goods Repair And Maintenance Regional And Country Analysis
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27.Personal Goods Repair And Maintenance Competitive Landscape And Company Profiles
28.Personal Goods Repair And Maintenance Key Mergers And Acquisitions
29.Personal Goods Repair And Maintenance Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Frontdoor Inc.
- Mr. Appliance
- Furniture Medic
- Lee Company
- Home-Tech Consolidated, Inc.
- NuShoe
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The Business Research Company’s latest report Personal Goods Repair And Maintenance Global Market Report 2020 covers Personal Goods Repair And Maintenance market drivers, Personal Goods Repair And Maintenance market trends, Personal Goods Repair And Maintenance market segments, Personal Goods Repair And Maintenance market growth rate, Personal Goods Repair And Maintenance market major players, and Personal Goods Repair And Maintenance market size.
The report provides in-depth analysis of the impact of COVID-19 on the Personal Goods Repair And Maintenance industry, along with revised market numbers due to the effects of the coronavirus.View Complete Report:https://www.thebusinessresearchcompany.com/report/personal-goods-repair-and-maintenance-global-market-report-2020-30-covid-19-impact-and-recoveryPersonal Goods Repair And Maintenance Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market.
The chapter also covers markets which have been positively affected by the pandemic.Request for the sample now:https://www.thebusinessresearchcompany.com/sample.aspx?id=2238=smpThe global personal goods repair and maintenance market is expected to grow from $133.8 billion in 2019 to $135 billion in 2020 at a compound annual growth rate (CAGR) of 0.9%.
The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it.
The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $167.2 billion in 2023.The report covers the Personal Goods Repair And Maintenance market’s segments- 1) By Type: Home And Garden Equipment Repair And Maintenance; Appliance Repair And Maintenance; Reupholstery And Furniture Repair; Footwear And Leather Goods Repair; Other Personal And Household Goods Repair And Maintenance2) By Mode: Online; Offline.About The Business Research Company: The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research.
The Business Research Company published its Personal Goods Repair And Maintenance Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global personal goods repair and maintenance market.
The report covers the personal goods repair and maintenance market’s segments- home and garden equipment repair and maintenance, appliance repair and maintenance, reupholstery and furniture repair, footwear and leather goods repair, other personal and household goods repair and maintenance.View Complete Report: https://www.thebusinessresearchcompany.com/report/personal-goods-repair-and-maintenance-global-market-reportPersonal Goods Repair And Maintenance Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
Several personal goods repair and maintenance companies are offering apps to better connect with costumers and increase their reach locally.
The apps tap into the current consumer trend of instinctively reaching out to their mobile phones in a moment’s notice to search for and order goods.Request A Sample Report At: https://www.thebusinessresearchcompany.com/sample.aspx?id=2238=smp Few Points From Table Of Content1.
https://www.thebusinessresearchcompany.com/discounted-reports.aspxTheBusinessResearchCompany published its Personal Goods Repair And Maintenance Global Market Report 2019 which provides strategists, marketers and senior management with the critical information they need to assess the global Personal Goods Repair And Maintenance market.
The report covers the personal goods repair and maintenance market’s segments- home and garden equipment repair and maintenance, appliance repair and maintenance, reupholstery and furniture repair, footwear and leather goodsExplore Complete Report https://www.thebusinessresearchcompany.com/report/personal-goods-repair-and-maintenance-global-market-reportPersonal Goods Repair And Maintenance Global Market Report 2019 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 50+ geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Get Discount On This Report https://www.thebusinessresearchcompany.com/sample.aspx?id=2238=discountMobile apps are being adopted to connect consumers with appliance repair professionals.
For example, Serviz, an app for home services offers personal goods repair services with prices in some of the major American metropolitan areas.
The Business Research Company published its Personal Goods Repair And Maintenance Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global personal goods repair and maintenance market.
The report covers the personal goods repair and maintenance market’s segments- by type: home and garden equipment repair and maintenance; appliance repair and maintenance; reupholstery and furniture repair; footwear and leather goods repair; other personal and household goods repair and maintenance and by mode: online; offline.View Complete Report:https://www.thebusinessresearchcompany.com/report/personal-goods-repair-and-maintenance-global-market-report-2020-30-covid-19-impact-and-recoveryPersonal Goods Repair And Maintenance Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
Personal Goods Repair And Maintenance Market Supply Chain……………19.
Personal Goods Repair And Maintenance Market Competitive Landscape20.
