Home Services Franchise Market was valued at USD 150 Billion in 2022 and is projected to reach USD 260 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The home services franchise market experienced significant growth in 2022, with the market size reaching approximately $52 billion. This growth trajectory reflects a compound annual growth rate (CAGR) of around 6.5% from 2022 to 2027. The increasing demand for home maintenance and improvement services, combined with a rise in disposable incomes and a growing preference for outsourcing household tasks, has been driving this upward trend. The sector encompasses various services including plumbing, electrical work, and home cleaning, contributing to its expansive market potential.
Opportunity analysis highlights promising avenues for expansion, particularly in emerging markets where urbanization and rising middle-class populations are fueling demand. The rapid growth of the real estate sector in developing regions is expected to further boost the market, creating substantial prospects for franchisors. Technological advancements and the increasing adoption of digital platforms for service bookings are also expected to enhance market dynamics, providing new growth opportunities. The ongoing trend of consumers valuing convenience and professional expertise underscores a robust outlook for the home services franchise industry.
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Budget Blinds
Pinch A Penny
Glass Doctor
Mr. Rooter
CertaPro
Weed Man
Mr. Appliance
Spring-Green
Ace Handyman Services
Floor Coverings International
911 Restoration
Honest Abe Roofing
Aire Serv
Five Star Painting
Renovation Sells
Dream Doors
Jim's Cleaning
Swimart
Wet-seal
Pulse Home Services
TruBlue
Good Oaks
Fantastic Services
Griswold
Neighborly
YourLocal Group
Talem
Threshold
BrightStar
Shine Franchise
Briggs
Qualicare
Senior Helpers
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Home Services Franchise Market
Personal
Enterprise
Based on Types the Market is categorized into Below types that held the largest Home Services Franchise market share In 2023.
Home Improvement
Home Repair
Home Cleaning
Home Care
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Home Services Franchise Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Home Services Franchise Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Home Services Franchise Market, By Type
6. Global Home Services Franchise Market, By Application
7. Global Home Services Franchise Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Home Services Franchise Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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