The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global personal goods repair and maintenance market is on a growth trajectory, expanding from $135.63 billion in 2022 to $144.84 billion in 2023, with a compound annual growth rate (CAGR) of 6.8%. The market is poised to reach $182.22 billion in 2027, sustaining a CAGR of 5.9%. One significant factor contributing to this growth is the increase in household gardening.

Blooming Trend: Rise in Household Gardening

• Gardening as a Popular Hobby: Gardening, the practice of maintaining and growing a garden, is gaining popularity as a hobby.
• Routine Maintenance of Gardening Tools: Gardening tools require regular maintenance to stay sharp, pristine, and antiseptic, preventing the spread of infections across plants and soil.
• Statistics on Gardening Activities:
  • According to RubyHome, 55% of American households engage in gardening activities.
  • Nearly 18.3 million U.S. households started gardening in 2021.
  • In Canada, 51% of respondents grew at least one variety of fruit or vegetable in 2021.
• Pandemic Influence on Gardening: The COVID-19 pandemic influenced 67% of new gardeners in 2020, emphasizing the role of gardening as a therapeutic and engaging activity.
• Anticipated Market Impact: The surge in household gardening is expected to drive the personal goods repair and maintenance market as the demand for maintaining gardening equipment rises.

Industry Players Paving the Way

• Major Companies in the Market:
  • Encompass Supply Chain Solutions
  • uBreakiFix
  • Moduslink Global Solutions
  • Mendtronix Inc.
  • The Cableshoppe Inc.
• Utilization of Mobile Apps for Connectivity: Personal goods repair and maintenance companies are leveraging mobile apps to connect consumers with appliance repair professionals.
• Enhancing Customer Reach Locally: Mobile apps facilitate better connections with customers and tap into the trend of consumers using their phones to search for and order goods and services.
• Example of Serviz App: Serviz, an app for home services, offers personal goods repair services with pricing information in major American metropolitan areas.

Market Segmentation: Diverse Service Offerings

The personal goods repair and maintenance market is segmented based on key factors:

1. 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
2. By Mode:
   • Online
   • Offline
3. By Service Type:
   • Inspection
   • Maintenance
   • Repair

Regional Dynamics: Asia-Pacific Takes the Lead

• Dominance of Asia-Pacific: In 2022, Asia-Pacific emerged as the largest region in the personal goods repair and maintenance market, showcasing the region’s significant role in shaping the industry.

View More On The Personal Goods Repair And Maintenance Market Report 2023 – https://www.thebusinessresearchcompany.com/report/personal-goods-repair-and-maintenance-global-market-report

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The Personal Goods Repair And Maintenance Global Market Report 2023  provides comprehensive insights on the personal goods repair And maintenance market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the personal goods repair And maintenance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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