Dublin, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The "KSA On-Demand Home Service Market Outlook to 2027" report has been added to ResearchAndMarkets.com's offering.
KSA On-Demand Home service market is expected to grow at a CAGR of 7.5% from 2022 to 2027
This report offers a comprehensive analysis of the KSA On-Demand Home service market, exploring its intricate market segmentations such as types of service, cities, and deployment strategies. It delves into growth enablers, drivers, challenges, bottlenecks, and the trends that steer adoption patterns.
The regulatory framework, end-user analysis, industry evaluation, and competitive landscape, including market shares of major players, form integral components of this study. The report concludes by presenting future market projections for each market segmentation along with analyst recommendations.
The trajectory of the KSA On-Demand Home service market's size is traced from 2017 to 2022, showcasing an upward trend, although a drop was noted in 2020. This shift is attributed to the pandemic-induced fear and social distancing among service providers, intertwined with the rapid pace of life and heightened consumer hygiene consciousness in the post-COVID-19 landscape.
Cleaning services are expected to dominate the market. However, the revenue from other services will also grow as the market grows due to changing lifestyle of people leading them to avail more on-demand home services like salon etc. This will contribute towards the growth
Metropolitan cities will continue to generate the maximum demand for on-demand home services due to increased smartphone and internet penetration in such areas while people from other cities prefer hiring full-time maids over on-demand services
Key Trends by Market Segment:
Cleaning orders holds majority share in on-demand home service followed by maintenance and repairs in 2022. This is owing to cleaning requirement at short interval when compared to maintenance and repairs
In current scenario offline mode of deployment holds major share as people call and ask for quotations and choose the convenient time slots for service rather than booking directly through web or Apps. This helps the end user in comparing price among various service provider and getting the time slot based on convenience
Future Outlook
Market Size of KSA On-Demand Home Service is expected to show increasing trend from 2022 to 2027. This is owing to fast life and consumers' consciousness about hygiene post covid-19. Post-pandemic the demand for on-demand home services boosted. This is because majority of people are back to the workplace and they have less time to do household chores. Internet penetration
A selection of companies mentioned in this report includes
- Com
- Extra
- Tamam
- Kone
- Albaap
- Healthy Home
- New Vision
- Jawa Hr
- Muheel
- B8ak
- Urban Company
- Smasco
- Firstfix
- Serviis
- Maharah
- Dari
- Justlife
- Fanni
Key Topics Covered:
1. Executive Summary
1.1 Executive summary - Market Size & Segmentation
1.2 Executive summary - Competition Scenario
1.3 Executive summary - Future Outlook and Recommendation
2. Country Overview
2.1 Country Demographics
2.2 Population Analysis
2.3 KSA Residential Real Estate Industry
3. Market Overview
3.1 Supply Side Ecosystem
3.2 Business Model for Marketplace of KSA On-demand Home Services
3.3 Value Chain Analysis of KSA On-Demand Home Services
3.4 Timeline of Major Players in KSA On-demand Home Services ~ Marketplaces
3.5 Timeline of Major Players in KSA On-Demand Home Services ~ Service Provider
4. KSA On-Demand Home Services Market Size 2017-2022
4.1 Market Size of KSA On-Demand Home Services Market, 2017-2022
5. KSA On-Demand Home Services Market Segmentation, 2022
5.1 Market Segmentation by Type of Service, Cities and Deployment, 2022
6. Demand Analysis
6.1 Demand Analysis in On-Demand Home Service Industry in KSA
6.2 Brand Awareness and Customer Satisfaction Level~ Marketplace
6.3 Brand Awareness and Customer Satisfaction Level~ Service Provider
7. Industry Analysis
7.1 Porter Analysis of KSA On-Demand Home Service Market
7.2 Trends and Development in KSA On-Demand Home Service Market
7.3 Growth Driver in KSA On-Demand Home Service Market
7.4 Bottleneck and Challenges in KSA On-Demand Home Service Market
8. Impact of Covid-19
8.1 Impact of Covid-19
9. KSA On-Demand Home Service Competition Scenario
9.1 Competitive Landscape of KSA On-Demand Home Service (Service Provider)
9.2 Market Positioning of Players in KSA On-Demand Home Service (Service Provider)
9.3 Cross-Comparison of Players in KSA On-Demand Home Service (Service Provider)
9.4 Strength and Weaknesses of Players in KSA On-Demand Home Service Market (Service Provider)
9.5 Competitive Landscape of KSA On-Demand Home Service (Marketplace)
9.6 Market Positioning of Players in KSA On-Demand Home Service Market (Marketplace)
9.7 Market Share of Major Players (Marketplace), 2022
9.8 Cross-Comparison of Players in KSA On-Demand Home Service Market
9.9 Strength and Weaknesses of KSA On-Demand Home Service Market Players (Marketplace)
10. KSA On-Demand Home Services Future Outlook
10.1 Market Size of KSA On-Demand Home Services, 2022-2027
10.2 Market Segmentation by Type of Service and Cities, 2027
10.3 Market Segmentation by Type of Deployment, 2027
11. Analyst Recommendation
For more information about this report visit https://www.researchandmarkets.com/r/usmt4c
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