DUBLIN–(BUSINESS WIRE)–The “Online On-Demand Home Services: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Online On-Demand Home Services Market to Reach $2.7 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Online On-Demand Home Services estimated at US$112.7 Million in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at a CAGR of 57.6% over the analysis period 2020-2027. Home Care & Design, one of the segments analyzed in the report, is projected to record a 60.5% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Repair & Maintenance segment is readjusted to a revised 57.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $31.5 Million, While China is Forecast to Grow at 54.5% CAGR
The Online On-Demand Home Services market in the U.S. is estimated at US$31.5 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$431.6 Million by the year 2027 trailing a CAGR of 54.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 52.6% and 49.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 39.4% CAGR.
Health, Wellness & Beauty Segment to Record 52.2% CAGR
In the global Health, Wellness & Beauty segment, USA, Canada, Japan, China and Europe will drive the 52.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$17 Million in the year 2020 will reach a projected size of US$318.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
Select Competitors (Total 43 Featured) –
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/j26ynv
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