International Business Analysts Predicts the World On-line On-Demand Residence Companies Market to Attain $2.9 Trillion by 2026 | Information
SAN FRANCISCO, October 22, 2021 / PRNewswire / – A new market study published by Global Industry Analysts Inc. (GIA), the leading market research firm, today released its report entitled “Online On-Demand Home Services – Global Market Trajectory & Analytics”. The report offers new perspectives on opportunities and challenges in a strongly changed market after COVID-19.
FACTS AT A GLANCE
Edition: 6; Approved: April 2021
Executive pool: 1093
Companies: 45 – Players Covered include Amazon.com, Inc .; ANGI Homeservices, Inc .; Cell Phone Technologies, Inc .; Helpling GmbH; TaskRabbit, Inc. and others.
Cover: All major regions and key segments
Segments: Segment (Household Care & Design, Repair & Maintenance, Health, Wellness & Beauty, Other Segments)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and rest Europe); Asia Pacific; Rest of the world.
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ABSTRACT-
Reaching Global Online On Demand Home Services Market $ 2.9 trillion by 2026
In the midst of the COVID-19 crisis, the global market for online on-demand home services is valued at $ 281.9 billion in 2020 is expected to reach a revised size of $ 2.9 trillion until 2026 with a CAGR of 46.7% in the analysis period. Home Care & Design, one of the segments analyzed in the report, is expected to have a CAGR and reach of 48.1% $ 1.8 trillion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis caused, the growth in the Repair & Maintenance segment will be adjusted to a revised CAGR of 49.3% for the next 7 year period.
The US market is estimated at $ 133.7 billion in 2021, while China is expected to reach $ 463.6 billion by 2026
The market for online on-demand home services in the US is estimated at $ 133.7 billion in 2021. China, the second largest economy in the world, is expected to reach a market size of $ 463.6 billion by 2026 with a CAGR of 44% in the analysis period. Other notable geographic markets include Japan and Canadawho forecast growth of 42.5% and 39.6% respectively in the analysis period. Within Europe, Germany is forecast to grow about 31.7% CAGR.
Reaching the health, wellness and beauty segment $ 365.8 billion by 2026
In the global health, wellness & beauty segment United States of America, Canada, Japan, China and Europe will increase the estimated CAGR for this segment by 39%. These regional markets make a combined market size of $ 39 billion in 2020 a forecast size of $ 392.4 billion until the end of the analysis period. China will be one of the fastest growing in this cluster of regional markets. More
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Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com
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SOURCE Global Industry Analysts, Inc.
