Handyman Service Franchises in the US - Industry Market Research Report

Handyman Service Franchises in the US - Industry Market Research Report

Handyman Service Franchises

Operators in the Handyman Service Franchises industry provide residential and commercial clients with a broad range of repair and maintenance services. The industry derives most of its revenue from the residential sector, which includes homeowners and property managers. As a result, the industry has expanded strongly over the five years to 2019, as the construction sector has continued to improve. Moreover, an increase in total credit advanced by financial institutions, coupled with improving per capita disposable income, provided the industry with enough momentum to grow steadily. As a result, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to expand. However, with total construction value expected to approach prerecessionary levels over the coming years, rapid industry expansion will likely become harder to maintain.

This industry provides general maintenance and repair services to residential and commercial customers, including plumbing and electrical repairs, appliance installation and repair, painting and carpentry. IBISWorld’s business franchise reports focus solely on franchised operations, excluding nonfranchise data. These reports, which show the total number of franchise outlets, total revenue and average profit margin earned, also highlight the largest franchisors by market share.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.