Press release
Concierge Service Market Snapshot 2023: Top Companies, Market Size, Share, and Future Growth Trends 2030
Market Overview:Pandemic affects demand for concierge servicesThe COVID-19 pandemic has negatively impacted the global concierge services market. The coronavirus has adversely affected all travel and transportation activities due to lockdown restrictions. Many airlines, hotels, cruise operators, travel agencies and rental car companies are struggling with crisis management. Concierge service providers have suffered further losses due to the lack of demand for concierge services from companies and individuals due to the pandemic.Companies focus on meeting consumer needs through remote or virtual servicesIn the context of the normalization of the epidemic, being able to attract customers requires new procedures and effective communication, making full use of customers personal mobile devices and making more use of other self-service technologies. The first thing a business needs to do is make its customers feel safe. During the pandemic, companies are more focused on meeting consumer needs through remote or virtual services. Minimize human intervention. For example, the introduction of artificial intelligence can meet customers' changing needs and travel plans, and provide customers with better recommendations and choices. Or provide a contactless reception service. Travelers can use the hotel app to experience contactless check-in and check-out. Some hoteliers offer members digital keys that allow them to bypass the front desk entirely, choose their room and floor directly, and gain access to exclusive services and promotional offers. Concierge requests can also be submitted via the mobile app, allowing for contactless access to amenities.Personalized Concierge ServiceHigh Net Worth Individuals (HNWIs) are increasing the need for personalized services to optimize their time. A growing number of HNWIs are continually raising the bar for concierge service providers. Ask for a more personalized concierge service. Where there is a demand, there is an opportunity. Personalized service is a service with added value that is different from standardized services for the different needs or potential needs of customers, beyond the imagination of customers, and has added value. According to the personality characteristics and special requirements of the guests, proactively provide special services for the guests. Enterprises provide customers with personalized services that are difficult for competitors to imitate and consider important to form a sense of customer loyalty, and use good reputation to continuously attract new customers for the enterprise in order to gain a competitive advantage. Personalized service will be one of the future trends in the concierge service industry.Rising disposable income and growing economy are the major factors driving the growth of the concierge services marketRising disposable income and growing economy are the major factors driving the growth of the concierge services market. Many top executives, VIP clients, celebrities and other consumers choose to save time by outsourcing routine or professional tasks to concierge services or personal assistance services. The concierge service provider handles all the time-consuming documents in a professional manner, providing consumers with a stress-free travel experience. The service provider is responsible for all visa and passport services, luggage, duty-free collection. Concierge services greatly optimize the travel experience for consumers. With the improvement of people's income level, the continuous improvement of living standards, and the gradual formation of the concept of spending money to buy enjoyment, the income elasticity coefficient of consumer demand such as concierge services will increase significantly. Drive the rapid growth of the industry.The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Concierge Service market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives. For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors. As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.Research ScopeThis report provides an overview of the global Concierge Service market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Concierge Service and its sub-markets in an intuitive way.Key Companies in the global Concierge Service market covered in Chapter 3:PBI, Inc.American Express ConciergeOne ConciergePocket Concierge Inc.Boutique JapanJohn Paul GroupAirserveHinoMapleQuintessentially GroupTPO, Inc.Pure Entertainment GroupTOKI, Inc.Tokyo Elite Lifestyle ServicesIn Chapter 4 and Chapter 14.2, on the basis of types, the Concierge Service market from 2018 to 2029 is primarily split into:TransportationHoReCa & Entertainment In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Concierge Service market from 2018 to 2029 covers:CorporatePersonalGeographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)Key Factors ConsideredCOVID-19Amid the COVID-19 crisis, the Concierge Service market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.Regional Conflict / Russia-Ukraine WarThe report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.Challenges & OpportunitiesFactors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.Chapter OutlineChapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented. Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.Years considered for this report:Historical Years: 2018-2022Base Year: 2022Estimated Year: 2023Forecast Period: 2023-2029
Concierge Service market reached a value of USD 68.05 million in 2022. It's expected that the market will achieve USD 100.75 million by 2028, exhibiting a CAGR of 6.76% during the forecast period.
A thorough understanding of the Services sector and its commercial potential is the aim of the market study. The Concierge Service Market Report has 102 pages and has a detailed table of contents, a list of data, tables, and charts, along with an in-depth analysis.
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Market Segmentation:
Leading Players in the Concierge Service Industry:
PBI Inc.
American Express Concierge
One Concierge
Pocket Concierge Inc.
Boutique Japan
John Paul Group
Airserve
HinoMaple
Quintessentially Group
TPO Inc.
Pure Entertainment Group
TOKI Inc.
Tokyo Elite Lifestyle Services
To preserve their position, these big corporations relied on primary growth tactics such as product portfolio expansion, current trends, financing, mergers and acquisitions, partnerships, new product invention, and geographical development.
Based on Type:
Transportation
HoReCa & Entertainment
Based on Application:
Corporate
Personal
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Key Factors Considered:
COVID-19 - Amid the COVID-19 crisis, the Concierge Service market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research. The epidemic is still causing tremendous disruption in industries throughout the world. We've been tracking the direct and indirect consequences of the COVID-19 outbreak on the Concierge Service market. To Know How Covid-19 Pandemic will Impact this Industry - https://www.precisionreports.co/enquiry/request-covid19/22816972
Regional Conflict / Russia-Ukraine War - The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities - Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Organization: Precision Reports
Phone: US: +1 424 253 0807 | UK: +44 203 239 8187
Email: sales@precisionreports.co
Website: https://www.precisionreports.co/
Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Precision Reports is the credible source for gaining the market reports that will provide you with the lead your business needs.
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