The Global Personal Services Market Is Forecast To Grow At A High CAGR To 2020

The Business Research Company’s global personal services market analysis covers the year-on-year growth of the global personal services market historic and forecast growth. It also includes chapters on the personal services market trends, geographical analysis, and competitive landscape.

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The global personal services market is forecast to grow at a CAGR (compound annual growth rate) of around 6.5% to 2020.

Personal Services Market Segmentation

According to TBRC’s global personal services market research, the market is split by segments into other personal services, personal care services, personal goods repair and maintenance, domestic staff, death care services, and dry-cleaning and laundry services.

Other personal services was the largest segment in the global personal services market accounting for more than one-third of the market share. This segment include pet care services, photofinishing services, one-hour photofinishing labs and parking lots and garages.

Personal care services consist of barber shops, beauty salons, nail salons, diet and weight reducing centers and other personal care services.

Personal goods repair and maintenance includes home and garden equipment repair and maintenance, appliance repair and maintenance, re-upholstery and furniture and repair, footwear and leather goods and other personal and household goods repair and maintenance.

Death care services include funeral homes and funeral services and cemeteries and crematories.

Dry-cleaning and laundry services include coin-operated laundries and drycleaners, dry-cleaning and laundry services, linen supply and industrial launderers.

Domestic staff services include workers associated with the operation of a household.

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Other personal services was the largest segment in the global personal services market at 34.5% of the market. The reason for this can be attributed to the increase in demand for other personal services.

The global personal services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global personal services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are Service Corporation International, Sears Holdings, Best Buy, Regis Corporation, and Weight Watchers International Inc.

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