Dry-Cleaning And Laundry Services Market 2022 – By Type Of Service (Coin-Operated Laundries And Drycleaners, Dry-Cleaning And Laundry Services (Except Coin-Operated), Linen And Uniform Supply), By End-Use (Commercial Dry-Cleaning And Laundry Services, Residential Dry-Cleaning And Laundry Services), By Distribution Channel (Offline, Online), And By Region, Opportunities And Strategies – Global Forecast To 2031

Political organizations refer to a legally registered social organization formed by a group of people to seize political power through democratic elections at the national, regional, or local level. A union refers to an organization formed by workers in an industry to pursue policies and goals that benefit their betterment. The association refers to an organization formed by a group of people to pursue a particular goal or purpose, ranging from social to business. The main types of political organizations, unions, and associations are civic and social organizations, business associations, professional organizations, labor unions and similar labor organizations, political organizations, other political organizations, unions, and associations. The civic and social organizations industry includes businesses that are primarily focused on advancing their members' civic, social, or other interests or goals. The different modes of donations include online, and offline and involve various organization locations such as domestic, and international. The global political organizations, unions and associations market is segmented - 1) By Type: Civic And Social Organizations, Business Associations, Professional Organizations, Labor Unions And Similar Labor Organizations, Political Organizations, Other Political Organizations, Unions And Associations 2) By Mode of Donation: Online, Offline 3) By Organisation Location: Domestic, International The global political organizations, unions and associations market size will grow from $407.52 billion in 2022 to $431.26 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. 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 size of political organizations, unions and associations market is expected to grow to $522.72 billion in 2027 at a CAGR of 4.9%. The rise in number of social media users is contributing to the growth of the political organizations, unions and associations market. Social media offers an instant way to measure the strength and influence of a political unit or a union by the number of followers on various social media such as Twitter, Facebook, and other social media platforms. Several large and small political organizations, unions, and associations are increasingly adopting social media to instantly update their followers about issues and news and take input from members. For example, in 2022, there were 4.55 billion active social media users globally, a 9.9% increase over 2021. Therefore, increase in social media users is expected to drive the growth of the political organizations, unions and associations market. Major companies in the political organizations, unions and associations market report include Republican Party, Democratic Party, Southern Baptist churches, Democratic Party, Republican Party, G8 Education and The Salvation Army. Social media is being increasingly adopted by political organizations, unions, and associations. Social media offers an instant way to measure the strength and influence of a political unit or a union by the number of followers on various social media such as Twitter, Facebook, etc. Several large and small political organizations, unions, and associations are increasingly adopting social media to instantly update their followers about issues and news and also take input from members. Several individuals are depending on social media for updates from political organizations, associations, and individuals. Asia-Pacific was the largest region in the political organizations, unions and associations market in 2022. North America was the second largest region in the political organizations, unions and associations market share. The regions covered in the political organizations, unions and associations market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the political organizations, unions and associations market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The political organizations, unions and associations market consists of revenues earned by entities that promote a political platform or set of policies or the civic and social interests of their members. The political organizations, unions and associations market include establishments such as civic and social organizations, business associations, professional organizations, labor unions and similar labor organizations, political organizations, and other similar organizations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The political organizations, unions, and associations market research report is one of a series of new reports from The Business Research Company that provides political organizations, unions, and associations market statistics, including political organizations, unions, and associations industry global market size, regional shares, competitors with a political organizations, unions, and associations market share, detailed political organizations, unions and associations market segments, market trends and opportunities, and any further data you may need to thrive in the political organizations, unions, and associations industry. This political organization, unions, and associations market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Consumer goods rental refers to a place for renting out essential consumer and homeowner products for a specified period. General rental centers refer to a place for renting general equipment, such as construction tools, for a specified period. The consumer goods and general rental centers rent out or lease personal and household-type goods for short-term rental although, in some instances, the goods may be leased for longer periods. The main types of consumer goods and general rental centers (equipment rental centers) are public organizations, private organizations, and individuals. A not-for-profit economic development group or any not-for-profit organization, including those that sponsor or promote community or tourism activities and events, is referred to as a public organization. The different religious groups including Christians, Muslims, Hindus, and others and are used in various applications such as electronics, healthcare, formal wear, costume video tape and disc, and recreational goods. The various distribution channels include online and offline. The global consumer goods and general rental centers market is segmented - 1) By Type: Consumer Goods Rental, General Rental Centers 2) By Application: Electronics, Healthcare, Formal Wear and Costume, Video Tape and Disc, Recreational Goods 3) By Distribution Channel: Online, Offline Subsegments Covered: Consumer Electronics And Appliances Rental, Formal Wear And Costume Rental, Video Tape And Video Games Rental, Other Consumer Goods Rental, Audio Visual Equipment Rental, Contractors And Builders Tools And Equipment Rental, Home Repair Tools Rental, Lawn And Garden Equipment Rental, Other Equipment Rental The global consumer goods and general rental centers market size will grow from $157.36 billion in 2022 to $170.64 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. 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 size of consumer goods and general rental centers market is expected to grow to $229.6 billion in 2027 at a CAGR of 7.7%. Consumer goods and general rental centers are increasingly investing in marketing their products through How-to and DIY videos and tips through online channels. DIY or Do-it-yourself and How-to sections on their websites include methods to use their products, decorate, repair furniture, comparative analysis of equipment, product purchasing guide, and home furnishing. For instance, Home Depot, a general goods rental service store, has a YouTube channel and webpage dedicated to these videos. Gillman Homecenter, Lowe’s DesignHub, Aaron’s, and Rent-A-Center are among the major companies that provide such tips, guides, and videos for their online consumers. Major companies in the consumer goods and general rental centers market include The home depot, Aaron's Inc., SK Holdings, CORT, Rent-A-Center Inc., JCDecaux Group, HSS Hire Group plc, EVI Industries, Inc. (EnviroStar, Inc), Red-D-Arc and Axia Acquisition Corporation. With the rise in mobile phone and internet penetration, online portals and mobile applications are being widely used to rent or lease goods. These mobile applications and online portals consist of an interface that enables users to view products and choose the desired one to be rented. The online leasing portals may offer various types of products or specialize in a single product. Major products being widely offered for lease through online portals include electronics, furniture, appliances, cameras, and others. According to PricewaterhouseCoopers, around 44% of US adults are familiar with the sharing economy which includes leasing and this market is expected to increase from $15 billion in 2014 to $335 billion by 2025. Asia-Pacific was the largest region in the consumer goods and general rental centers market in 2022. Western Europe was the second-largest region in the global consumer goods and general rental centers market. The regions covered in the consumer goods and general rental centers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the consumer goods and general rental centers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The consumer goods and general rental centers (equipment rental centers) market consists of revenues earned by entities that are engaged in renting out or leasing personal and household-type goods such as consumer electronics and appliances rental, formal wear and costume rental, videotape and video games rental, other consumer goods rental, audiovisual equipment rental, contractors and builders tools, and equipment rental. Establishments in this market generally provide short-term rental although, in some instances, the goods may be leased for longer periods of time. These establishments often operate from a retail-like or storefront facility. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The consumer goods and general rental centers (equipment rental centers) market research report is one of a series of new reports from The Business Research Company that provides consumer goods and general rental centers (equipment rental centers) market statistics, including consumer goods and general rental centers (equipment rental centers) industry global market size, regional shares, competitors with a consumer goods and general rental centers (equipment rental centers) market share, detailed consumer goods and general rental centers (equipment rental centers) market segments, market trends and opportunities, and any further data you may need to thrive in the consumer goods and general rental centers (equipment rental centers) industry. This consumer goods and general rental centers (equipment rental centers) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Machinery leasing is a process of obtaining commercial-type and industrial-type machinery, vehicles, or other equipment for temporary use in exchange for periodic payments paid to the machinery owner as leasing rent. Machinery leasing helps make lower monthly payments than with a loan, benefiting from tax advantages, getting a fixed financing rate instead of a floating rate, conserving working capital and avoiding cash-devouring down payments, and gaining immediate access to the most up-to-date business tools. The main types of machinery leasing are heavy construction machinery rental, commercial air, rail, and water transportation equipment rental, mining, oil and gas, forestry machinery and equipment rental, office machinery, and equipment rental, and other commercial and industrial machinery and equipment rental. Heavy equipment rental refers to a location where huge pieces of machinery or large vehicles, typically related to construction, can be stored and retrieved for public use, and may also feature extra and related retail activities. The different modes including online, and offline involve various lease types such as closed-ended lease, option to buy the lease, sub-vented lease, and others. The global machinery leasing market is segmented - 1) By Type: Heavy Construction Machinery Rental, Commercial Air, Rail, and Water Transportation Equipment Rental, Mining, Oil And Gas, And Forestry Machinery And Equipment Rental, Office Machinery And Equipment Rental, Other Commercial And Industrial Machinery And Equipment Rental 2) By Mode: Online, Offline 3) By Lease Type: Closed Ended Lease, Option to Buy Lease, Sub-Vented Lease, Other Lease Types The global machinery leasing market size will grow from $372.83 billion in 2022 to $406.76 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. 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 size of machinery leasing market is expected to grow to $560.72 billion in 2027 at a CAGR of 8.4%. The emergence of start-ups as major clients of leasing service providers is expected to drive the market. Driven by cost efficiency and the necessity to acquire advanced equipment which is often high-priced, start-ups have started renting or leasing their equipment. The increasing number of start-ups is also expected to positively impact the market. For instance, according to the Department for Promotion of Industry and Internal Trade, the number of start-ups in India reached 16,000 in 2020, depicting new opportunities for the leasing market in client expansion and revenue generation. Major companies in the machinery leasing market report are General Electric Company, United Rentals Inc., Tokyo Century, Berkshire Hathaway Inc., Ashtead Group plc, AerCap Holdings N.V., Fuyo General Lease Co., Ltd., NetJets, Nissan Motor Co Ltd., and Air Lease Corporation. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the machinery leasing market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lockdown' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the machinery leasing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy Companies are increasingly leasing 3D printing equipment for manufacturing purposes. The 3D printer is a computer-aided manufacturing device that creates three-dimensional objects by receiving digital data from a computer as input by building a three-dimensional model out of custom material. 3D printing is gaining popularity as manufacturers are becoming more familiar with industrial-grade 3D printers. Industrial-grade 3D printers are capable of printing large products with high precision and with a wide range of materials. 3D printer leasing can reduce the overall reduction of cost of the manufacturer rather than buying. For instance, Divide by Zero Technologies offers 3D printers on a lease for customers in India. Asia-Pacific was the largest region in the machinery leasing market in 2022. North America was the second-largest region in the machinery leasing market share. The regions covered in the machinery leasing market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machinery leasing market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The machinery rental market consists of revenues earned by entities that provide capital or investment-type equipment that clients use in their business operations. These establishments typically cater to a business clientele and do not generally operate a retail-like or storefront facility. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The machinery leasing market research report is one of a series of new reports from The Business Research Company that provides machinery leasing market statistics, including the machinery leasing industry global market size, regional shares, competitors with a machinery leasing market share, detailed machinery leasing market segments, market trends and opportunities, and any further data you may need to thrive in the machinery leasing industry. This machinery leasing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

An electric vehicle charging station refers to equipment that connects an electric vehicle to an electricity source to recharge the vehicle and keep the vehicle in motion. These are environmentally friendly as they do not emit pollutants. The electric vehicle charging stations equipment market consists of sales of alternating current (AC) charging, direct current (DC) charging, and other electric vehicle charging station equipment. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the chain or as part of other products. The main types of installations in electric vehicle charging stations are home charging systems and commercial charging systems. Home chargers are typically employed with 230V/15A single-phase plugs capable of producing up to 2.5 KW of output power. The different connector types include CHAdeMO, CCS, GB/T, Tesla Supercharger, and others, and have various charging modes such as plug-in charging systems and wireless charging systems. The several charging stations include AC charging stations and a DC charging station. The global electric vehicle charging stations market is segmented - 1) By Installation Type: Home Charging System, Commercial Charging System 2) By Connector Type: CHAdeMO, CCS, GB/T, Tesla Supercharger, Other Connector Types 3) By Mode Of Charging: Plug In Charging System, Wireless Charging System 4) By Charging Statiom: Ac Charging Station, Dc Charging Station The global electric vehicle charging stations market size grew from $5.4 billion in 2022 to $7.3 billion in 2023 at a compound annual growth rate (CAGR) of 35.3%. 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 market size of global electric vehicle charging stations is expected to grow from $23.25 billion in 2027 at a CAGR of 33.6%. Increasing tax incentives and subsidies given to local automakers to produce electric vehicles are driving the demand for the electric vehicle (EV) charging station market. Tax incentives and subsidies to the electric vehicle makers are encouraging automakers to make more Electric vehicles which will generate more demand for EV charging stations. China's subsidy policy caused a 53% increase in the manufacture and sale of electric vehicles in the country. Electric vehicle sales in China were almost four times the numbers sold in the USA, the growth in sales in China is majorly attributed to the subsidy policies and tax incentives given by the Chinese government. Major players in the electric vehicle charging station market are Tesla, Chargepoint, Siemens, ClipperCreek, Schneider Electric, Eaton, GE, ABB, Aerovironment, SemaConnect, Robert Bosch GmbH, ECOtality, Engie, BP, Shell, Electromotive, Chargemaster, Evgo, EVBox, G2Mobility, Leviton, Delta ElectronicsInc., Evatran Group Inc., Tgood, Delphi Automotive LLP, Webasto Group, Alfen, Allego, Blink Charging and Efacec. The limited range of electric vehicles is hindering the Electric vehicle (EV) charging stations market growth. Electric vehicles have a limited range as compared to traditional internal combustion engine vehicles due to their limited battery capacity. Electric vehicles can’t be used in the case of long-distance travel, which causes the slow growth of electric vehicles. A survey conducted by BBC involves a sample of 10,293 drivers out of which 76% of the drivers said that a single-charge electric vehicle can't travel long distances. Companies in the industry are increasingly offering ultra-quick charging capabilities of the direct current (DC) to aid performance optimization and ultra-fast charge. The ultra-quick charging technologies of direct current (DC) are used in electric vehicle charging stations to transfer current to electric vehicles through DC. DC fast charging or level 3 charging is capable of charging 80% of the electric vehicle battery within 20 minutes. DC fast charging stations with ultra-quick technology provide high-power DC up to 120 kW directly into the vehicle’s battery without passing through any onboard AC/DC converter. The necessary conversion from AC to DC by a convertor done in case of the AC charging process can be eliminated. In 2022, Tesla an American automotive and energy company revealed the supercharger V4’s design as part of the construction plans for a new station being deployed. Greenlots, an electric transportation company, has set plans to deploy 9 DC Fast charging stations across Central Washington. Electrify America, an electric vehicle charging network company, installed its first DC Faster charger in Massachusetts, USA, and is planning to invest $500 million to outfit the electric charging stations in 484 locations with 2000 DC fast chargers. In August 2021, ChargePoint Inc., a US-based electric vehicle infrastructure company acquired ViriCiti BV for $88 million (€75 million) in cash. The acquisition of ViriCiti will provide the firm with access to a much broader software feature set for users, including battery health monitoring, vehicle operations data, and enhanced vehicle telematics possibilities, in addition to ChargePoint’s core offerings of charger management and vehicle charger scheduling. ViriCiti BV is a Netherlands-based company that provides electric vehicle charging solutions. In March 2020, ABB, a Switzerland-based automation company acquired Shanghai Chargedot New Energy Technology Co., Ltd. for an undisclosed amount. The acquisition is expected to further strengthen ABB's relationship with leading Chinese electric vehicle manufacturers and broaden the company’s e-mobility portfolio with hardware and software developed specifically for local requirements as well as service offerings. Shanghai Chargedot New Energy Technology Co., Ltd., a Chinese e-mobility solution provider, the company supplies AC and DC charging stations, as well as the necessary software platform to a range of customers that includes EV manufacturers. Asia-Pacific was the largest region in the electric vehicle charging station market in 2022. North America was the second-largest region in the electric vehicle charging station market report. The regions covered in the global electric vehicle charging station industry report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the electric vehicle charging station market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The electric vehicle charging station market consists of revenues earned by entities by providing services such as aerial maps, getting updates on charging, and recommendations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The electric vehicle charging station market research report is one of a series of new reports from The Business Research Company that provides electric vehicle charging station market statistics, including electric vehicle charging station industry global market size, regional shares, competitors with electric vehicle charging station market share, detailed electric vehicle charging station market segments, market trends and opportunities, and any further data you may need to thrive in the electric vehicle charging station industry. This electric vehicle charging station market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Personal services refer to those agencies that provide physical day-to-day household and individual assistance services to people. Personal services are provided to eligible beneficiaries to help them stay in their own homes and communities rather than live in institutional settings, such as nursing homes. The main types of personal services are personal care services, death care services, dry-cleaning, laundry services, other personal services, and private household services. Personal care services are hands-on services that help a person with essential daily chores that they are unable to do on their own. The different modes include online, and offline and are distributed through various channels such as specialty retail stores, supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail channels, and others. The global personal services market is segmented - 1) By Type: Personal Care Services, Death Care Services, Dry-Cleaning And Laundry Services, Other Personal Services, Private Household Services 2) By Mode: Online, Offline 3) By Distribution Channel: Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, Other Distribution Channels Subsegments Covered: Beauty Salons, Diet And Weight Reducing Centers, Spas & Massage Parlors, Other Personal Care Services, Funeral Homes And Funeral Services, Cemeteries And Crematories, Coin-Operated Laundries And Drycleaners, Dry-Cleaning And Laundry Services (except Coin-Operated), Linen And Uniform Supply, Pet Care (except Veterinary) Services, Photofinishing, Parking Lots And Garages, All Other Personal Services, In-house Workers, Outside Workers The global personal services market size will grow from $1,150.72 billion in 2022 to $1,240.07 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. 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 size of personal services market is expected to grow to $1,632.08 billion in 2027 at a CAGR of 7.1%. The personal services market's growth is expected to be aided by a stable economic growth forecast in many developed and developing countries. According to the International Monetary Fund (IMF), the global real GDP growth reached 3.7% in 2019 and 2020 and is expected to reach 3.6% from 2021 to 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to official data from the World Bank, the GDP of India increased to reach $3173.40 billion in 2021, compared to $2667.69 billion in 2020. Stable economic growth is expected to increase disposable incomes, driving the demand for personal services. Major companies in the personal services market include Service Corporation International, Elis SA, Fantastic Sams, Weight Watchers International Inc., Spotless Group Holdings Ltd., Tivity Health, Dignity plc, Regis Corporation, and ProSiebenSat.1 Media SE and CSC Serviceworks Holdings Inc. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the personal services market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lockdown' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the personal services market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Personal care service companies such as beauty salons, and spas are increasingly marketing their services through online platforms. These websites or applications allow customers to book appointments with beauticians who provide services such as haircuts, styling, makeup, massage, and others at the customer's premises. For instance, Lisa, an online platform offers haircuts, massages, manicures, and others at home upon making a prior booking. Other such online personal care service platforms include Glamsquad, Urbanclap, Luxit, and Glamazon. Asia-Pacific was the largest region in the personal services market in 2022. North America was the second-largest region in the personal services market share. The regions covered in the global personal services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the personal services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The personal services market consists of revenues earned by entities that provide personal services to individuals, households, and businesses such as beauty salons, diet and weight-reducing centers, spas & massage parlours, funeral homes, and funeral services, cemeteries and crematories, dry-cleaning and laundry services (except coin-operated), photofinishing, parking lots and garages. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The personal services market research report is one of a series of new reports from The Business Research Company that provides personal services market statistics, including the personal services industry global market size, regional shares, competitors with a personal services market share, detailed personal services market segments, market trends and opportunities, and any further data you may need to thrive in the personal services industry. This personal services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

NGOs And Charitable Organizations Market Definition

Personal care services are hands-on assistance with critical day-to-day activities that a person cannot perform independently. Personal care services are provided to eligible beneficiaries to help stay in their own homes and communities rather than live in institutional settings, such as nursing homes. The main types of personal care services are beauty salons, diet and weight reducing centers, spas & massage, and other personal care services. A beauty salon, sometimes known as a beauty parlor, is a place where men and women can have aesthetic treatments. The different categories include mass, and premium and are distributed through various channels such as specialty retail stores, supermarkets/hypermarkets, convenience stores, pharmacies/drug stores, online retail channels, and others. The global personal care services market is segmented - 1) By Type: Beauty Salons, Diet And Weight Reducing Centers, Spas & Massage Parlors, Other Personal Care Services 2) By Category: Mass, Premium 3) By Distribution Channel: Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, Other Distribution Channels Subsegments Covered: Hair Salons, Body Beauty Salons, Nail Salons, Tattoo Parlors, Hair Replacement Services, Other Services The global personal care services market size will grow from $401.96 billion in 2022 to $439.46 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. 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 size of personal care services market is expected to grow to $610.53 billion in 2027 at a CAGR of 8.6%. Population aging will be a driver of the personal care services market going forward. During 2018-2022, the number of people over 65 is expected to increase from approximately 550 to 650 million globally, an increase of 18% according to the Population Reference Bureau. The increasing size of the geriatric population coupled with an increasing focus on healthy lifestyles among the geriatric population will increase the demand for personal care services such as spa and massage services, driving the market. Major companies in the personal care services market include Fantastic Sams, Weight Watchers International Inc., Tivity Health, Regis Corporation, Jenny Craig Inc., Bosley Inc., Norwegian Cruise Line Holdings, Hair Cuttery, Bijin Salon Spa and Great Clips. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the personal care services market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the personal care services market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Beauty salons are using organic products to cater to the increasing demand for healthy products. Organic products are natural products that are prepared using natural or organic ingredients without the use of harmful chemicals. The supply of locally-sourced raw materials makes organic products more accessible and affordable to the customers. Some of the organic products being used by hair salons include organic hair oil, hair spray, shampoos, hair gels, hair colors, dyes, and other hair styling products. The organic personal care market is expected to grow at 10% to reach $25 billion by 2025, thus indicating a significant potential for organic salons. Hair salons such as Organic Natural Hair salon uses organic products. Asia-Pacific was the largest region in the personal care services market in 2022. North America was the second-largest region in personal care services market. The regions covered in the personal care services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the personal care services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The personal care services market consists of revenues earned by entities providing services such as cutting, trimming, shampooing, coloring, waving, or styling hair, body massage, aromatherapy, hydrotherapy, and reflexology, and other related services. Establishments in the personal care services industry include barber shops or hair salons, tattoo parlours, and hair replacement services providers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The personal care services market research report is one of a series of new reports from The Business Research Company that provides personal care services market statistics, including personal care services industry global market size, regional shares, competitors with a personal care services market share, detailed personal care services market segments, market trends and opportunities, and any further data you may need to thrive in the personal care services industry. This personal care services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.