Global Personal Goods Repair and Maintenance Market to Reach $182.22 Billion by 2027

The Business Research Company's Personal Goods Repair And Maintenance Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The Business Research Company's Personal Goods Repair And Maintenance Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The Business Research Company's Personal Goods Repair And Maintenance Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

The size of personal goods repair and maintenance market is expected to grow to $182.22 billion in 2027 at a CAGR of 5.9%.”
— The Business Research Company

LONDON, GREATER LONDON, UK, November 24, 2023 /EINPresswire.com/ -- The global personal goods repair and maintenance market, segmented by type, mode, and service type, is set to witness significant growth, expanding from $135.63 billion in 2022 to $144.84 billion in 2023 at a robust Compound Annual Growth Rate (CAGR) of 6.8%, reaching $182.22 billion by 2027 with a CAGR of 5.9%.

Growing Household Gardening Drives Market Expansion
A notable driver for the personal goods repair and maintenance market is the surge in household gardening. As gardening becomes a prevalent hobby, the demand for maintaining home and garden equipment is on the rise. Tools used in gardening, if not properly maintained, can spread infections in the garden. According to a study by RubyHome, 55% of American households engage in gardening, with 18.3 million households starting gardening activities in 2021. A similar trend is observed in Canada, where 51% of respondents grew at least one variety of fruit or vegetable in their garden, influenced in part by the pandemic. This increase in household gardening activities is expected to propel the personal goods repair and maintenance market forward.

Explore the global personal goods repair and maintenance market with a detailed sample report:https://www.thebusinessresearchcompany.com/sample_request?id=2238&type=smp

Mobile Apps Facilitate Consumer-Professional Connectivity
Major players in the personal goods repair and maintenance market, including Encompass Supply Chain Solutions, uBreakiFix, Moduslink Global Solutions, Mendtronix Inc., and The Cableshoppe Inc., are leveraging mobile apps to connect with consumers. These apps cater to the modern consumer trend of using mobile phones for quick searches and service requests. For instance, Serviz, a home services app, allows users to find nearby professionals for personal goods repair services, showcasing prices in major American metropolitan areas.

Asia-Pacific Dominates the Market, Followed by Western Europe
In 2022, Asia-Pacific emerged as the leading region in the personal goods repair and maintenance market. The region's dominance is attributed to the increasing adoption of repair and maintenance services. Following closely, Western Europe secured the second-largest market share globally. The comprehensive report provides insights into regional dynamics, market trends, and growth opportunities across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Access the complete report for an in-depth analysis of the global personal goods repair and maintenance market:
https://www.thebusinessresearchcompany.com/report/personal-goods-repair-and-maintenance-global-market-report

Personal Goods Repair And Maintenance Global Market Report 2023from TBRC covers the following information:
•Market size date for the forecast period: Historical and Future
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries:Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
ThePersonal Goods Repair And Maintenance Global Market Report 2023byThe Business Research Company is the most comprehensive report that provides insights on personal goods repair and maintenance market size, personal goods repair and maintenance market drivers and trends, personal goods repair and maintenance market major players, competitors' revenues, market positioning, and market growth across geographies.The personal goods repair and maintenance market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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