Global Personal Goods Repair And Maintenance Market Trends And Strategies Of Major Players In The Personal Goods Repair And Maintenance Market 2021-2030

The personal goods repair and maintenance market consists of sales of personal goods repair and maintenance services by entities (organizations, sole traders and partnerships) that provide personal goods repair and maintenance services including home and garden equipment repair and maintenance, appliance repair and maintenance, re-upholstery and furniture and repair, footwear and leather goods and other personal and household goods repair and maintenance.

Global Personal Goods Repair And Maintenance Market Size And Drivers:

The global personal goods repair and maintenance market is expected to grow from $124.82 billion in 2020 to $133.31 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The market is expected to reach $177.5 billion in 2025 at a CAGR of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.

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Trends In The Global Personal Goods Repair And Maintenance Market

Mobile apps are being adopted to connect consumers with appliance repair professionals. 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.

Global Personal Goods Repair And Maintenance Market Segments:
The global personal goods repair and maintenance market is further segmented based on type, mode and geography.
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.
By Mode: Online, Offline.
By Geography: The global personal goods repair and maintenance market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global personal goods repair and maintenance market, accounting for 34% of the total market.

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Personal Goods Repair And Maintenance Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides personal goods repair and maintenance market overviews, analyzes and forecasts market size and growth for the global personal goods repair and maintenance market, personal goods repair and maintenance market share, personal goods repair and maintenance market players, personal goods repair and maintenance market segments and geographies, personal goods repair and maintenance market’s leading competitors’ revenues, profiles and market shares. The personal goods repair and maintenance market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.