Global Private Household Services Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
6 Jul, 2023
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%.
Global Private Household Services Market Key Driver
The rising demand for home cleaning services is likely to drive the expansion of the private household services industry in the coming years. The act of cleaning a house, room, etc. is referred to as home cleaning services. In addition to dusting, vacuuming, and cleaning the floors, a standard house cleaning service involves wiping down bathroom and kitchen surfaces. Home cleaning services are largely utilised in private residences to eliminate germs, grime, and dust, improve indoor air quality, leave a fresh aroma, and save time and energy. As a result, increased demand for home cleaning will stimulate the market for private domestic services.
Get a sample of the global private household services market reportGlobal Private Household Services Market Segments
The global 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
4) By Geography: The regions covered in the private household services market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global private household services market.
Major Private Household Services Industry Players
Amazon.com Inc., Angi Inc., AskforTask Inc., Frontdoor Inc., Helpling GmbH and Co. KGA, MyClean Inc., Porch.com Inc., Super Home Inc., The Home Depot Inc., The ServiceMaster Co. LLC, UrbanClap Technologies India Pvt. Ltd, American Home Shield, Angies List, Japan Best Rescue System Co. Ltd, Johns Lyng Group, Korea Housing Management Co. Ltd., ABM Industries Incorporated, Housejoy, Timesaverz, Zimmber, CleanFanatic, Clean My Space, HomeTriangle, BookMyBai
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Private Household Services Market Overview
Private household services refer to the basic domestic services that are required for the proper running and maintenance of a household. These services include assistance with cooking and grocery shopping (if home delivery is not available), housekeeping chores, laundry help, gardening aid, and kid care and more.
Private Household Services Global Market Report 2023 provides data on the global private household services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The private household services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.