Harrisburg, NC -- (SBWIRE) -- 10/16/2020 -- Personal Goods Repair And Maintenance Global Market Report 2020-30
The Personal Goods Repair And Maintenance Market Research Report begins with an overview of the Market and offers throughout development. It presents a comprehensive analysis of all the regional and major player segments that give closer insights upon present market conditions and future market opportunities along with drivers, trending segments, consumer behavior, pricing factors, and market performance and estimation. The forecast market information, SWOT analysis, Personal Goods Repair And Maintenance market scenario, and feasibility study are the vital aspects analyzed in this report.
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The global personal goods repair and maintenance market is expected to grow from $133.8 billion in 2019 to $135 billion in 2020 at a compound annual growth rate (CAGR) of 0.9%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $167.2 billion in 2023.
Top Key Players in the Global Personal Goods Repair And Maintenance Market: are Encompass Supply Chain Solutions; uBreakiFix; Moduslink Global Solutions; Mendtronix Inc.; The Cableshoppe Inc
Asia Pacific was the largest region in the global personal goods repair and maintenance market, accounting for 34% of the market in 2019. Western Europe was the second largest region accounting for 26% of the global personal goods repair and maintenance market. Africa was the smallest region in the global personal goods repair and maintenance market.
Mobile apps are being adopted to connect consumers with appliance repair professionals. Several personal goods repair and maintenance companies are offering apps to better connect with costumers and increase their reach locally. The apps tap into the current consumer trend of instinctively reaching out to their mobile phones in a moment's notice to search for and order goods. For example, Serviz, an app for home services offers personal goods repair services with prices in some of the major American metropolitan areas. Plumbals app allows for consumers to search for nearby plumbers and send repair or maintenance requests.
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Regions are covered By Personal Goods Repair And Maintenance Market Report 2020
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Influence of the Personal Goods Repair And Maintenance Market Report:
-Comprehensive assessment of all opportunities and risks in the Personal Goods Repair And Maintenance market.
-Personal Goods Repair And Maintenance market recent innovations and major events.
-Detailed study of business strategies for the growth of the Personal Goods Repair And Maintenance market-leading players.
-Conclusive study about the growth plot of the Personal Goods Repair And Maintenance market for forthcoming years.
-In-depth understanding of Personal Goods Repair And Maintenance market-particular drivers, constraints, and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Personal Goods Repair And Maintenance market.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The Global Personal Goods Repair And Maintenance Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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