Private Households market includes households engaged in employing workers on or about the premises in activities primarily concerned with the operation of the household. These private households may employ individuals, such as cooks, maids, nannies, butlers, and outside workers, such as gardeners, caretakers, and other maintenance workers.
Private Households Global Market Size
The global private household market was valued at $113.7 billion in 2017. Asia Pacific was the largest geographic region accounting for $42.75 billion or 37.6% of the global market. The USA was the largest country accounting for $30.5 billion or 26.9% of the global private household market.
Private Households Global Market Trend
Many personal services employers in Europe, especially in the UK are increasingly offering zero-hours contracts to deal with uncertain consumer demand. Zer0-hours contracts also known as casual contracts enables companies to employ staff without giving work guarantee. Employees are given little notice before shifts, they are called to work whenever there is “piece work“ or “contract work”, they are generally not offered leaves and other employee benefits. These contracts are increasingly becoming popular owing to flexibility it offers to both employers and employees.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Private Households Global Market Segmentation
The private households market is segmented into In-house Workers; and Outside Workers.
In-house Workers establishments employ individuals, such as cooks, maids, butlers, and outside workers, such as gardeners, caretakers, and other maintenance workers who stay within a household.
Outside Workers establishments employ individuals, such as cooks, maids, butlers, and outside workers, such as gardeners, caretakers, and other maintenance workers who work during the day in a customer's house and stay separately.