Handyman Service Franchises in the US - Industry Market Research Report
Description
Handyman Service Franchises in the US - Industry Market Research Report
Handyman Service Franchises
Operators in the Handyman Service Franchises industry provide residential and commercial clients with a broad range of repair and maintenance services. The industry derives most of its revenue from the residential sector, which includes homeowners and property managers. As a result, the industry has expanded strongly over the five years to 2019, as the construction sector has continued to improve. Moreover, an increase in total credit advanced by financial institutions, coupled with improving per capita disposable income, provided the industry with enough momentum to grow steadily. As a result, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to expand. However, with total construction value expected to approach prerecessionary levels over the coming years, rapid industry expansion will likely become harder to maintain.
This industry provides general maintenance and repair services to residential and commercial customers, including plumbing and electrical repairs, appliance installation and repair, painting and carpentry. IBISWorld’s business franchise reports focus solely on franchised operations, excluding nonfranchise data. These reports, which show the total number of franchise outlets, total revenue and average profit margin earned, also highlight the largest franchisors by market share.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Handyman Service Franchises
Operators in the Handyman Service Franchises industry provide residential and commercial clients with a broad range of repair and maintenance services. The industry derives most of its revenue from the residential sector, which includes homeowners and property managers. As a result, the industry has expanded strongly over the five years to 2019, as the construction sector has continued to improve. Moreover, an increase in total credit advanced by financial institutions, coupled with improving per capita disposable income, provided the industry with enough momentum to grow steadily. As a result, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to expand. However, with total construction value expected to approach prerecessionary levels over the coming years, rapid industry expansion will likely become harder to maintain.
This industry provides general maintenance and repair services to residential and commercial customers, including plumbing and electrical repairs, appliance installation and repair, painting and carpentry. IBISWorld’s business franchise reports focus solely on franchised operations, excluding nonfranchise data. These reports, which show the total number of franchise outlets, total revenue and average profit margin earned, also highlight the largest franchisors by market share.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
36 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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