Personal Goods Repair And Maintenance Market - Opportunities And Strategies - Trends, Growth Analysis and Global Outlook by 2030

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According to The Business Research Company's Personal Goods Repair And Maintenance Market Report, the personal goods repair and maintenance market reached a value of nearly $124,523.67 million in 2021, having increased at a compound annual growth rate (CAGR) of 4.5% since 2016. The global personal goods repair and maintenance market size is expected to grow from $124,523.67 million in 2021 to $186,027.05 million in 2026 at a rate of 8.4%. The global personal goods repair and maintenance market size is then expected to grow at a CAGR of 8.5% from 2026 and reach $279,296.60 million in 2031.

Higher Purchase Cost Of New Products: The high purchasing cost of new products is encouraging users to maintain and manage their existing goods; this is expected to increase the demand for personal goods repair and maintenance services. For example, in the case of machine breakdown owing to electronic system failure, it is more costly to replace machines with new products. Similarly, although something as severe as a blown motor or a failed transmission will cost between $3,000 and $7,000 to replace at a dealership, such repairs still don't cost as much as buying a new product. In the same way, the repairing of furniture or footwear and leather costs significantly less compared to new purchases of these goods. This factor is supporting the market expansion for the personal goods repair and maintenance market.

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The Personal Goods Repair And Maintenance market is segmented -
• By Type: Home And Garden Equipment Repair And Maintenance, Appliance Repair And Maintenance, Reupholstery And Furniture Repair, Footwear And Leather Goods Repair, Other Personal And Household Goods Repair And Maintenance
• By Mode: Online, Offline
• By Service: Inspection, Maintenance, Repair
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the Personal Goods Repair And Maintenance market.

Major competitors in the Personal Goods Repair And Maintenance market include Frontdoor Inc, Mr. Appliance, Furniture Medic, Lee Company, Home-Tech Consolidated Inc

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The personal goods repair and maintenance market consists of sales of personal goods repair and maintenance services and related goods by entities (organizations, sole traders and partnerships) that are engaged in repairing and maintaining personal goods such as home and garden equipment, household appliances, re-upholstery and furniture, footwear and leather goods and other personal and household goods.

The Table Of Content For The Personal Goods Repair And Maintenance Market Include:
1. Personal Goods Repair And Maintenance Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
21. South America Personal Goods Repair And Maintenance Market
22. Middle East Personal Goods Repair And Maintenance Market
23. Africa Personal Goods Repair And Maintenance Market
24. Global Personal Goods Repair And Maintenance Market Competitive Landscape
25. Appendix

The Business Research Company's "Global Personal Goods Repair And Maintenance Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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