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A Deep Dive into Private Household Services Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
A Deep Dive into Private Household Services Market
The surge in the need for home cleaning services is anticipated to fuel the expansion of the private household services market in the future. Home cleaning services, which involve cleaning a house or specific rooms, generally include sanitising bathroom and kitchen surfaces, dusting, vacuuming, and mopping the floors. These services are predominantly utilised in private homes to eradicate germs, dirt, and dust hence enhancing indoor air quality, imparting a fresh fragrance, and saving time and effort. Consequently, the growing demand for home cleaning is set to stimulate the market for private household services. As per a research by Jobber (Octopusapp Inc.), a software firm in Canada, it was revealed in January 2023 that 10%of all US households in 2021 engaged a professional service for home cleaning and the cost of home services rose by 9.4 percent in the same year. In addition, the cleaning industry saw a revenue rise of 14% in 2021, and by 2024, it's predicted that 80 percent of households will enlist home cleaning services. Moreover, by 2025, it is predicted that the domestic cleaning industry will be valued at $40.38 billion. Hence, the growing demand for home cleaning services is propelling the private household services market's growth.
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What is the future CAGR of the private household services market, and how will it impact industry expansion?
The market size of private household services has experienced significant expansion in the last couple of years. It's expected to expand from $322.91 billion in 2024 to $358.49 billion in 2025, with a compound annual growth rate (CAGR) of 11.0%. The historical growth in this market can be linked to factors such as income and disposable income levels, trends in demography and an older population, increased urbanization and fast-paced lifestyles, households with dual income and the need for work-life balance, along with the shift in social norms and a culture of outsourcing.
The market size of private household services is projected to experience a sharp increase in the coming years. It is anticipated to escalate to $525.34 billion in 2029, reflecting a Compound Annual Growth Rate (CAGR) of 10.0%. Factors contributing to the projected growth within the forecast period include changes in consumer preferences towards customization, increasing recognition of mental wellness, adapting service models and subscription plans, trends in remote work and home office assistance, as well as sustainable and eco-friendly services. The forecast period is also expected to observe certain trends like the expansion of senior care and aging-in-place services, the combination of virtual and remote services, the emphasis on personalized and concierge services, the application of subscription-based service models, and the emergence of technology-based startups in the market.
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What are the most significant trends transforming the private household services market today?
The surge of technological advancements marks a promising trend in the private household services sector. Companies in this domain are gearing their efforts towards creating innovative solutions to fortify their market standing. For instance, Home In One, an American home services firm, unveiled a booking app in June 2022 dedicated to home services. Its purpose-built, intuitive, and user-friendly platform aims to simplify the process of home servicing, making bookings effortless. Upon selection of the required service and scheduling a suitable time and date, the firm's automated smart system hands over the job to the most apt service provider. The app provides the liberty to schedule single or repeated appointments. Furthermore, it acts as a bridge for communication between clients and providers, where clarifications can be sought, comments can be added, and service ratings can be shared.
Which key market segments comprise the private household services market and drive its revenue growth?
The private household services market covered in this report is segmented -
1) By Type: Home Care And Design, Repair And Maintenance, HWB, Other Types
2) By Services: Floor Cleaning, Window Cleaning, Carpet Cleaning, Other Services
3) By Home Improvement: Construction, Interior Design
Subsegments:
1) By Home Care And Design: Interior Design Services, Home Organization Services, House Cleaning Services
2) By Repair And Maintenance: Plumbing Services, Electrical Services, HVAC Maintenance, General Handyman Services
3) By HWB (Household Workbench): Home Improvement Projects, DIY Assistance, Craft And Hobby Services
4) By Other Types: Pet Care Services, Gardening And Landscaping, Personal Chef Services, Childcare Services
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What regions are at the forefront of private household services market expansion?
Asia-Pacific was the largest region in the private household services market in 2024. The regions covered in the private household services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the private household services market?
Major companies operating in the private household services market include Angi Inc., AskforTask Inc., Frontdoor Inc., Helpling GmbH and Co. KGaA, MyClean Inc., Porch.com Inc., Super Home Inc., The Home Depot Inc., The ServiceMaster Company LLC, UrbanClap Technologies India Pvt. Ltd., American Home Shield, Japan Best Rescue System Co. Ltd., Johns Lyng Group, Korea Housing Management Co. Ltd., ABM Industries Incorporated, Housejoy Technology Ltd., Timesaverz, Quikr India Private Limited, Clean Fanatic Private Limited, HomeTriangle Technologies Private Limited., BookMyBai.com., Home Reno Pte. Ltd., Oneflare Pty Ltd., Paintzen Inc., Stanley Steemer International Inc., Merry Maids Limited, Handy Technologies Inc.
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What Is Covered In The Private Household Services Global Market Report?
• Market Size Forecast: Examine the private household services market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the private household services market for a structured understanding.
• Key Players Overview: Analyze major players in the private household services market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the private household services market.
• Segment Contributions: Evaluate how different segments drive overall growth in the private household services market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the private household services market.
• Industry Challenges: Identify potential risks and obstacles affecting the private household services market.
• Competitive Landscape: Review strategic developments in the private household services market, including expansions, agreements, and new product launches.
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