Personal Goods Repair And Maintenance Market Growth Analysis And Indications – Includes Personal Goods Repair And Maintenance Industry
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Major players in the personal goods repair and maintenance market include Frontdoor Inc, Mr. Appliance, Furniture Medic, Lee Company, Home-Tech Consolidated, Inc.
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The personal goods repair and maintenance market is expected to re from $124.52 billion in 2021 to $186.02 billion in 2026 at a rate of 8.4%. The global personal goods repair and maintenance market size is then expected to grow at a CAGR of 8.5% from 2026 and reach $279.29 billion in 2031.
Asia Pacific was the largest region in the global personal goods repair and maintenance market.
The personal goods repair and maintenance market consists of sales of personal goods repair and maintenance services and related goods by entities (organizations, sole traders and partnerships) that are engaged in repairing and maintaining personal goods such as home and garden equipment, household appliances, re-upholstery and furniture, footwear and leather goods and other personal and household goods.
The high purchasing cost of new products is encouraging users to maintain and manage their existing goods, this is expected to increase the demand for personal goods repair and maintenance services.
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Personal goods repair and maintenance service providers have started using augmented reality (AR) based maintenance and repair procedures. AR is an enhanced version of reality where direct and indirect views of physical world environments are combined with superimposed computer-generated images over a user’s view of the real world. Use of these AR-based repair or maintenance procedures allows users to enhance their field of view with real-time digital information. With this information, the user can get step-by-step instructions on how to repair an asset. Some of the AR based solutions for maintenance and repair operations include preventive maintenance, remote assistance, operator assembly instructions, corrective maintenance and others.
TBRC’s Personal Goods Repair And Maintenance Market Report Is Segments:
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 Type: Inspection, Maintenance, Repair
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Personal Goods Repair And Maintenance Market Report 2022 –Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides an overview of the personal goods repair and maintenance market globally and regionally, analyzes and forecasts market size, share, personal goods repair and maintenance market players, personal goods repair and maintenance market segments, leading competitor revenues, profiles and market shares.
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