Home Care Service Market to Reach USD 39,034 Million by 2030
Industry Dimensions
The global Home Care Service Market size was valued at USD 18,272 million in 2021. It is expected to reach USD 39,034 million by 2030, growing at a CAGR of 8.8% during the forecast period (2022-2030).
Industry Key Trends
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Increasing demand for specialized home care services
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Growing awareness about the importance of home maintenance
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Rising disposable income and changing lifestyles
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Technological advancements in home care services
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Increasing focus on sustainability and eco-friendliness
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Home Care Service Market Size and Share
Home Care Service Market Statistics
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The global Home Care Service Market size was valued at USD 18,272 Million in 2021.
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The market is projected to grow at a CAGR of 8.8% during the forecast period (2022–2030).
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The market is expected to reach USD 39,034 Million by 2030.
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Regional Trends
North America
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The North American region is expected to dominate the global Home Care Service Market during the forecast period.
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The US and Canada are the major contributors to the growth of the market in this region.
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Increasing demand for specialized home care services and growing awareness about the importance of home maintenance are driving the growth of the market in this region.
Europe
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The European region is expected to be the second-largest market for home care services during the forecast period.
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The UK, Germany, and France are the major contributors to the growth of the market in this region.
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Increasing focus on sustainability and eco-friendliness is driving the growth of the market in this region.
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Asia-Pacific (APAC)
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The APAC region is expected to be the fastest-growing market for home care services during the forecast period.
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China, Japan, and India are the major contributors to the growth of the market in this region.
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Increasing demand for specialized home care services and growing awareness about the importance of home maintenance are driving the growth of the market in this region.
Latin America
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The Latin American region is expected to be a significant market for home care services during the forecast period.
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Brazil and Mexico are the major contributors to the growth of the market in this region.
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Increasing focus on sustainability and eco-friendliness is driving the growth of the market in this region.
Middle East and Africa (LAMEA)
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The LAMEA region is expected to be a significant market for home care services during the forecast period.
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The UAE, Saudi Arabia, and South Africa are the major contributors to the growth of the market in this region.
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Increasing demand for specialized home care services and growing awareness about the importance of home maintenance are driving the growth of the market in this region.
Home Care Service Market Segmentations
By Service
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Maid services: This segment includes services such as housekeeping, laundry, and ironing.
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Carpet & upholstery: This segment includes services such as carpet cleaning, upholstery cleaning, and mattress cleaning.
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Other Home Care Services: This segment includes services such as pest control, lawn care, and handyman services.
By Duration
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Daily: This segment includes services that are provided on a daily basis, such as housekeeping and laundry.
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Weekly: This segment includes services that are provided on a weekly basis, such as carpet cleaning and upholstery cleaning.
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Monthly: This segment includes services that are provided on a monthly basis, such as pest control and lawn care.
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Quarterly: This segment includes services that are provided on a quarterly basis, such as handyman services and home maintenance.
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Annually: This segment includes services that are provided on an annual basis, such as deep cleaning and home renovation.
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