Press release
2025-2034 Personal Services Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Personal Services
What Is the Expected CAGR for the Personal Services Market Through 2025?
The scale of the personal services market has seen robust growth in the past few years. The market, which stood at $1265.22 billion in 2024, is projected to expand to $1365.76 billion in 2025, marking a compound annual growth rate (CAGR) of 7.9%. The growth trajectory in the former period is driven by factors such as evolving lifestyles, an aging populace, health and wellness trends, increased disposable income, and urbanization.
What's the Projected Size of the Global Personal Services Market by 2029?
The market size for personal services is anticipated to experience robust expansion in the coming years. Predictions estimate it will escalate to $1878.82 billion in 2029, observing a compound annual growth rate (CAGR) of 8.3%. This projected surge within the forecasting period can be credited to factors such as digital transformation, environmental sustainability, societal participation and wellness, along with cultural and diversity services. During the forecast period, prevalent trends encompass digital transformation paired with online services, subscription and membership models, remote and virtual services, as well as digital marketing and e-commerce.
View the full report here:
https://www.thebusinessresearchcompany.com/report/personal-services-global-market-report
Top Growth Drivers in the Personal Services Industry: What's Accelerating the Market?
Predictions point to consistent economic growth in both developed and developing nations as a factor that will aid the progression of the personal services market. The International Monetary Fund (IMF) has declared that the worldwide real GDP growth landed at 3.6% between the years 2021 to 2023. Having recovered from a significant decrease in the past, commodity prices are also expected to give a boost to market growth. Stable growth is predicted for established economies within the upcoming forecast period while emerging markets might see slightly quicker growth than their developed counterparts. As an example, it's been officially recorded by the World Bank that India's GDP experienced a speedy growth of 8.2 percent in 2023/2024. Hence, it's anticipated that steady economic growth will lead to an increase in disposable incomes which in turn will stimulate the demand for personal services.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1947&type=smp
What Trends Will Shape the Personal Services Market Through 2029 and Beyond?
Beauty salons and spas, among other personal care service providers, are turning to online platforms for marketing their services, allowing customers to secure appointments with professionals who offer services like haircuts, styling, makeup, massage, and more, right from their homes. One example is Lisa, a digital venue where you can schedule haircuts, massages, manicures, and more to be provided at your home. Glamsquad, Urbanclap, Luxit, and Glamazon are other digital platforms offering similar personal care services.
What Are the Main Segments in the Personal Services Market?
The personal servicesmarket covered in this report is segmented -
1) By Type: Personal Care Services, Death Care Services, Dry-Cleaning And Laundry Services, Other Personal Services, Private Household Services
2) By Mode: Online, Offline
3) By Distribution Channel: Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, Other Distribution Channels
Subsegments:
1) By Personal Care Services: Hair Care, Skin Care, Nail Care, Spa And Massage Services, Other Personal Care Services
2) By Death Care Services: Funeral Homes And Funeral Services, Cemeteries And Crematories, Other Death Care Services
3) By Dry-Cleaning And Laundry Services: Dry-Cleaning Services, Coin-Operated Laundromats, Industrial Laundries, Other Laundry Services
4) By Other Personal Services: Pet Care Services, Wedding Services, Event Planning Services, Personal Coaching And Counseling, Other Miscellaneous Personal Services
5) By Private Household Services: Home Cleaning Services, Childcare Services, Elderly Care Services, Other Household Support Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=1947&type=smp
Which Top Companies are Driving Growth in the Personal Services Market?
Major companies operating in the personal services market include Service Corporation International, Elis SA, Fantastic Sams, Weight Watchers International Inc, Spotless Group Holdings Ltd, Tivity Health, Dignity plc, Regis Corporation, ProSiebenSat.1 Media SE, CSC Serviceworks Holdings Inc., Great Clips Inc., Sport Clips Haircuts, Supercuts Inc., Massage Envy Franchising LLC, European Wax Center Inc., Hand and Stone Massage and Facial Spa, Massage Heights Franchising LLC, Elements Massage, L A Fitness International LLC, 24 Hour Fitness Worldwide Inc., Anytime Fitness Inc, Gold's Gym International Inc, Planet Fitness Inc., CRUNCH Fitness International Inc, Orangetheory Fitness, SoulCycle Inc., Pure Barre, The Bar Method, CorePower Yoga LLC, Equinox Holdings Inc., Life Time Inc., PetSmart Inc., Rover Group, Inc., Wag Group Co, Chewy Inc., Petco Health and Wellness Company Inc., Banfield Pet Hospital, VCA Antech,Inc., Funeral Directors Life Insurance Co, Match Group Inc.
Which Regions Will Dominate the Personal Services Market Through 2029?
Asia-Pacific was the largest region in the personal services market in 2024. North America was the second-largest region in the personal services market. The regions covered in the personal services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1947
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Speak With Our Expert:
Saumya Sahay
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email:saumyas@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release 2025-2034 Personal Services Market Evolution: Disruptions, Innovations, and Untapped Opportunities here
News-ID: 4193179 • Views: …
More Releases from The Business Research Company
Bulk Filtration Market: Major Trends Reshaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Bulk Filtration Market Size By 2025?
In the past few years, the market size of bulk filtration has seen significant growth. It is predicted to expand from $14.63 billion in 2024 to $15.64 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%.…
Bankruptcy Management Tools Market Landscape to 2034: Key Forces Shaping the Nex …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Bankruptcy Management Tools Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size for bankruptcy management tools has experienced swift expansion. The market's worth is expected to increase from $1.05 billion in 2024 to $1.22 billion in 2025, exhibiting a Compound Annual Growth Rate…
Autonomous Pallet Jack Robot Market Poised to Hit $4.01 Billion by 2029 with Acc …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Autonomous Pallet Jack Robot Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for autonomous pallet jack robots has observed a significant surge in size lately. The market is projected to expand from $1.59 billion in 2024 to $1.92 billion in 2025, demonstrating a…
Top Market Shifts Transforming the Corrugated Fiberboard Market Landscape: Key I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Corrugated Fiberboard Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been a significant increase in the size of the corrugated fiberboard market. The estimated growth from $149.64 billion in 2024 to $160.77 billion in 2025 is expected to occur at…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
