Global Community And Individual Services Market Overview And Prospects – Includes Community And Individual Services Market Size
Learn about the global community and individual services market through The Business Research Company, which provides information on community and individual services market size, community and individual services market drivers and restraints, community and individual services market players, the COVID-19 impact on the community and individual services market, and more.
The community and individual services market size is expected to grow from $1.24 trillion in 2021 to $1.95 trillion in 2026 at a rate of 9.4%. The global community and individual services market size is then expected to grow at a CAGR of 9.5% from 2026 and reach $3.07 trillion in 2031.
There is increasing demand from people opting for community stay at retirement homes/group homes, especially in developing countries, which is expected to drive the growth of the market in the forecast period.
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The community and individual services market consists of the revenues from community and individual services and related goods by entities (organizations, sole traders and partnerships) that provide non-residential social assistance to children and youth, elderly, persons with disabilities, and all other individuals and families or collect, prepare, and deliver food for the needy; provide short-term emergency shelter, temporary residential shelter, transitional housing, volunteer construction or repair of low-cost housing, and/or repair of homes for individuals or families in need; or provide food, shelter, clothing, medical relief, resettlement, and counseling to victims of domestic, national, or international disasters or conflicts (e.g., wars).
Global Community And Individual Services Market Segments Include:
By Type: Community Food, Housing, and Relief Services, Individual and Family Services
By Mode: Online, Offline
By Application: Food Stamp Program, Disaster Relief Services, Adoption Services, Self-Help
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the global community and individual services market, accounting for 47.1% of the total in 2021.
Many community and individual services organizations are taking advantage of online funding platforms to raise funds, provide basic facilities and support low-income groups and foster children. Online crowd funding involves raising money from a large number of individuals for a social cause, through the internet. The funds raised from these campaigns are typically used to arrange for clothes, food and provide education.
TBRC’s Community And Individual Services Market Report Covers:
Major Market Players: World Food Program, UNICEF, Sanctuary Housing, Food For Poor, Bill & Melinda Gates Foundation
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Community And Individual Services Market Report 2022 is one of a series of new reports from The Business Research Company that provides community and individual services market overviews, analyzes and forecasts market size, share, community and individual services market players, community and individual services market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s community and individual services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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