Dublin, Aug. 01, 2022 (GLOBE NEWSWIRE) -- The "Personal Goods Repair And Maintenance Global Market Opportunities And Strategies To 2031" report has been added to ResearchAndMarkets.com's offering.
The global personal goods repair and maintenance market reached a value of nearly $124,523.67 million in 2021, having increased at a compound annual growth rate (CAGR) of 4.5% since 2016. The market is expected to grow from $124,523.67 million in 2021 to $186,027.05 million in 2026 at a rate of 8.4%. The market is then expected to grow at a CAGR of 8.5% from 2026 and reach $279,296.60 million in 2031.
Going forward, growing awareness of sustainability, higher purchase cost of new products, growing personal goods failure rate and cost-benefit associated with repairing old goods, increasing government regulations for waste management will drive the market in future. Factors that could hinder the growth of the market in the future include lack of skilled workforce, high cost involved in training service technicians and coronavirus pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
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Market Trends
- Adoption Of IoT In Repair And Maintenance
- Augmented Reality For Maintenance And Repair
- Increase In Mergers And Acquisitions
- Implementation Of Predictive Maintenance
Scope
Markets Covered:
- By Type: Home And Garden Equipment Repair And Maintenance; Appliance Repair And Maintenance; Reupholstery And Furniture Repair; Footwear And Leather Goods Repair; Other Personal And Household Goods Repair And Maintenance
- By Mode: Online; Offline
- By Service: Inspection; Maintenance; Repair
Key Topics Covered:
1. Personal Goods Repair And Maintenance Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
7. Personal Goods Repair And Maintenance Market Characteristics
8. Personal Goods Repair And Maintenance Market, Product/Service Analysis -Product/Service Examples
9. Personal Goods Repair And Maintenance Market, Supply Chain Analysis
10. Personal Goods Repair And Maintenance Market Customer Information
11. Personal Goods Repair And Maintenance Market Trends And Strategies
12. Impact Of COVID-19 On The Personal Goods Repair And Maintenance Market
13. Global Personal Goods Repair And Maintenance Market Size And Growth
14. Personal Goods Repair And Maintenance Market, Regional Analysis
15. Global Personal Goods Repair And Maintenance Market Segmentation
18. Western Europe Personal Goods Repair And Maintenance Market
19. Eastern Europe Personal Goods Repair And Maintenance Market
20. North America Personal Goods Repair And Maintenance Market
21. South America Personal Goods Repair And Maintenance Market
22. Middle East Personal Goods Repair And Maintenance Market
23. Africa Personal Goods Repair And Maintenance Market
24. Global Personal Goods Repair And Maintenance Market Competitive Landscape
Companies Mentioned
- Frontdoor Inc.
- Mr. Appliance
- Furniture Medic
- Lee Company
- Home-Tech Consolidated, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/funvxe
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