Handyman Services Market Share, Size, Trends, Industry Analysis Report, By Deployment (Online and Offline); By Repairs & Maintenance; By Home Improvement Type; By Region; Segment Forecast, 2023 – 2032
The global handyman services market size is expected to reach USD 1,133.79 Million by 2032, according to a new study by Polaris Market Research. The report “Handyman Services Market Share, Size, Trends, Industry Analysis Report, By Deployment (Online and Offline); By Repairs & Maintenance; By Home Improvement Type; By Region; Segment Forecast, 2019 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The significant growth in aging infrastructure across several developed countries that requires repairs and renovation services and increasing number of businesses and homeowners preferring to outsource their maintenance tasks to professional service providers rather than investing their own time and effort, are primary factors fostering the global market growth. In addition, continuous emergence of online platforms and mobile apps by key companies operating in the market to connect customers with professional service providers, that have made it easier for consumers to access handyman services, thereby resulting in increased market reach and penetration.
For instance, in March 2023, Blinkit, announced about its plan to launch UC-modelled handyman service biz, which includes AC repairing, plumbing, and electrician facility. The newly developed service will provide the hyperlocal services under a time-frame of 10-15 minutes just like its grocery services.
Large number of handyman service providers across the globe are looking to leverage CRM software in order to effectively manage their customer data, track service history, send automated reminders, and provide personalized service recommendations, which helps them to enhance customer satisfaction and enables targeted marketing efforts.
Increasing rate of adoption of several advanced task management software and cutting-edge technology to streamline operations and improve efficiency due to their ability to help with scheduling, job assignment, tracking progress, and managing customer information, that results in improved and enhanced overall productivity, are among the factors gaining huge traction in the market all over the world.
For instance, in June 2023, Edward Andrews Handyman Services, announced about the successful integration of cutting-edge technology into their business operations, that allows them to streamline their operations, increase customer satisfaction, and delivers enhanced efficiency & quality.
Handyman Services Market Report Highlights
Online segment is projected to witness highest growth during the forecast period, owing to rising internet penetration and number of companies establishing their online presence
Electricity segment held the majority market share in 2022, which is mainly driven by growing demand professional electricians in both commercial and residential settings
Interior design segment is anticipated to gain substantial growth rate over the coming years, mainly due to increasing number of home improvement and development projects
North America region dominated the global market with considerable share in 2022, on account of rising popularity of these services and higher consumer spending capacity
The global key market players include Handyman Matters, Handyman Connection, Handyman Melbourne, America Handyman Services LLC, and Hambleton Handyman
Polaris Market Research has segmented the handyman services market report based on deployment, repairs & maintenance, home improvement type, and region:
Handyman Services, Deployment Outlook (Revenue - USD Million, 2019 - 2032)
Online
Offline
Handyman Services, Repairs & Maintenance Outlook (Revenue - USD Million, 2019 - 2032)
Electricity
Plumbing
Non-HVAC Home Appliances
Gas
Heating
Ventilation and Air Conditioning
Others
Handyman Services, Home Improvement Type Outlook (Revenue - USD Million, 2019 - 2032)
Construction
Interior Design
Handyman Services, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa