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Global Home Care Service Market: By Service: Maid Services, Carpet and Upholstery, Others; By Duration: Daily, Weekly, Monthly, Quarterly, Annually; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Home Care Service Market Outlook
The global home care service market stood at a value of around USD 17.3 billion in 2020. The market is further expected to grow at a CAGR of 8.3% in the forecast period of 2022-2027 to attain a value of USD 27.90 billion by 2026.
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Growing Demand for Maid Services to Augment the Growth of the Global Home Care Service Industry
Based on service, the maid services segment is predicted to hold a significant share in the global home care service industry. This growth can be attributed to the rising demand for house help, especially among the working population, to provide assistance with the daily household chores, as they are unable to allocate time for daily activities such as cleaning and laundry due to their increasingly busy work schedules. In addition, the carpet and upholstery services are also in great demand due to the heightened utilisation of high-maintenance carpets and upholsteries made of leather and velvet in high-income households. These aspects are expected to contribute to the market growth in the coming years.
North America to Occupy a Significant Market Share in the Global Home Care Service Industry
North America is predicted to hold a significant market share in the global home care service industry. This surge can be attributed to the rising disposable incomes and improved lifestyle standards in the region. In addition, the growing working population is increasingly investing in home care services due to the time constraints in their busy lifestyle. Moreover, an increasing awareness pertaining to cleanliness and hygiene is also compelling consumers to invest in quality cleaning services that provide a clean and safe home environment. These factors are estimated to drive the industry growth in the region.
Home Care Service: Market Segmentation
Home care service vendors provide an extensive array of services to help with daily household chores such as laundry, cleaning, maintenance, and assistance with errands such as shopping for groceries, among others. In addition, the home care services include maid services that involve cooking, cleaning, and companionship assistance. At the same time, the commercial cleaning services include window, carpet, and upholstery cleaning facilities.
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By service, the market is distributed into:
- Maid Services
- Carpet and Upholstery
- Others
On the basis of duration, the industry can be categorised into:
- Daily
- Weekly
- Monthly
- Quarterly
- Annually
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Escalating Consciousness about Hygiene and Cleanliness to Aid the Growth of the Global Home Care Service Industry
The rampant spread of the Covid-19 pandemic has instilled an increased awareness pertaining to hygiene and cleanliness among individuals across the globe. This is leading consumers to exceedingly invest in home care services, such as routine carpet and upholstery cleaning services. Moreover, the busy lifestyles of individuals, especially the working population with time constraints, are driving the consumers to invest in home care services such as maid services to help out with their regular household requirements such as clean-up and cooking. In addition, maid services are increasingly employed by individuals suffering from physical disabilities and by patients recovering from medical treatment procedures such as operations, which renders them unable to carry out routine household chores. Furthermore, the growing geriatric population that requires assistance in their everyday routine is also expected to contribute to the market growth significantly.
Key Industry Players in the Global Home Care Service Market
The report gives a detailed analysis of the following key players in the global home care service market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- ABM Industries Inc.
- Aramark Corporation
- Chem-Dry
- Jani-King International, Inc.
- Pritchard Industries, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Service, Duration, Region |
| Breakup by Service | Maid Services, Carpet and Upholstery, Others |
| Breakup by Duration | Daily, Weekly, Monthly, Quarterly, Annually |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | ABM Industries Inc., Aramark Corporation, Chem-Dry, Jani-King International, Inc., Pritchard Industries, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Home Care Service Market Analysis
8.1 Key Industry Highlights
8.2 Global Home Care Service Historical Market (2017-2021)
8.3 Global Home Care Service Market Forecast (2022-2027)
8.4 Global Home Care Service Market by Service
8.4.1 Maid Services
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Carpet and Upholstery
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Others
8.5 Global Home Care Service Market by Duration
8.5.1 Daily
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Weekly
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Monthly
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Quarterly
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Annually
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.6 Global Home Care Service Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 ABM Industries Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Aramark Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Chem-Dry
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Jani-King International, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Pritchard Industries, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Home Care Service Market: Key Industry Highlights, 2016 and 2026
2. Global Home Care Service Historical Market: Breakup by Service (USD Billion), 2017-2021
3. Global Home Care Service Market Forecast: Breakup by Service (USD Billion), 2022-2027
4. Global Home Care Service Historical Market: Breakup by Duration (USD Billion), 2017-2021
5. Global Home Care Service Market Forecast: Breakup by Duration (USD Billion), 2022-2027
6. Global Home Care Service Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Home Care Service Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Home Care Service Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Home Care Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Home Care Service Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Home Care Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Home Care Service Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Home Care Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Home Care Service Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Home Care Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Home Care Service Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Home Care Service Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Home Care Service Market Structure
Key Questions Answered in the Report
In 2020, the global home care service market attained a value of nearly USD 17.3 billion.
The market is projected to grow at a CAGR of 8.3% between 2022 and 2027.
The major drivers of the industry such as increased demand for home care services among the working population, the rising demand for maid services among people with disabilities and individuals recovering from medical procedures, rapidly growing geriatric global population that requires assistance in their daily routine, improved lifestyle standards, growing working population and the rising disposable incomes are expected to aid the market growth.
The key market trends guiding the industry's growth include the rampant spread of the COVID-19 pandemic and escalating awareness about cleanliness and hygiene among the consumers.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant based on service include into maid services and carpet and upholstery, among others.
The segments, based on duration, can be divided into daily, weekly, monthly, quarterly, and annually.
The major players in the industry are ABM Industries Inc., Aramark Corporation, Chem-Dry, Jani-King International, Inc., and Pritchard Industries, Inc., among others.
Analyst Review
The global home care service market attained a value of USD 17.3 billion in 2020, driven by the increased awareness pertaining to cleanliness and hygiene. Aided by rising disposable incomes and rampant spread of the COVID-19 pandemic, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 8.3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By service, the market can be distributed into maid services and carpet and upholstery, among others. On the basis of duration, the industry can be segmented into daily, weekly, monthly, quarterly, and annually. The major regional markets for home care service are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include ABM Industries Inc., Aramark Corporation, Chem-Dry, Jani-King International, Inc., and Pritchard Industries, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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