The global personal property repair and maintenance market will reach $186.02 billion by 2026 at a CAGR of 8.4%

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Global personal property repair and maintenance market

Global personal property repair and maintenance market

Global personal property repair and maintenance market

Dublin, Aug. 01, 2022 (GLOBE NEWSWIRE) — The “Global Personal Property Repair and Maintenance Market Opportunities and Strategies to 2031” report has been added to from ResearchAndMarkets.com offer.

The global personal property repair and maintenance market reached a value of nearly $124,523.67 million in 2021, having grown at a compound annual growth rate (CAGR) of 4.5% since 2016. The market is expected to grow from $124,523.67 million in 2021 to $186,027.05 million in 2026 at a rate of 8.4%. The market is then expected to grow at a CAGR of 8.5% from 2026 and reach $279,296.60 million in 2031.

In the future, increasing awareness of sustainability, higher cost of purchasing new products, increasing failure rate of personal assets and cost-benefits associated with repairing old assets, increased government regulations for waste management will drive the market in the future. Factors that may hamper the market growth in the future include lack of skilled labor, high cost of training service technicians, and coronavirus pandemic.

Reasons to buy

  • Get a truly global perspective with the most comprehensive report available on this market covering 12 geographies.

  • Understand how the market is affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus diminishes.

  • Create regional and national strategies based on local data and analysis.

  • Identify growth segments for investment.

  • Outperform your competition using forecast data and the drivers and trends shaping the market.

  • Understand customers based on the latest market research.

  • Benchmark performance against leading competitors.

  • Use relationships between key data sets for better strategy.

  • Suitable to support your internal and external presentations with reliable high quality data and analysis.

Market trends

  • Adoption of IoT in repair and maintenance

  • Augmented reality for maintenance and repair

  • Increase in mergers and acquisitions

  • Implementation of predictive maintenance

Scope
Covered markets:

  1. By type: repair and maintenance of home and garden equipment; Repair and maintenance of apparatus; Furniture upholstery and repair; Repair of footwear and leather goods; Repair and maintenance of other personal and household goods

  2. By mode: online; Offline

  3. By Department: Inspection; Maintenance; Repair

Main topics covered:

1. Executive Summary of Personal Property Repair and Maintenance Market

2. Table of Contents

3. List of Figures

4. List of tables

5. Structure of the report

6. Presentation

7. Characteristics of the personal property repair and maintenance market

8. Personal Property Repair and Maintenance Market, Product/Service Analysis – Product/Service Examples

9. Personal Property Repair and Maintenance Market, Supply Chain Analysis

10. Personal Property Repair and Maintenance Market Customer Information

11. Personal Property Repair and Maintenance Market Trends and Strategies

12. Impact of COVID-19 on the Personal Property Repair and Maintenance Market

13. Global Personal Property Repair and Maintenance Market Size and Growth

14. Personal Property Repair and Maintenance Market, Regional Analysis

15. Global Personal Property Repair and Maintenance Market Segmentation

18. Personal Property Repair and Maintenance Market in Western Europe

19. Eastern Europe Personal Property Repair and Maintenance Market

20. North America Personal Property Repair and Maintenance Market

21. South America Personal Property Repair and Maintenance Market

22. Middle East Personal Property Repair and Maintenance Market

23. Africa Personal Property Repair and Maintenance Market

24. Competitive landscape of the global personal property repair and maintenance market

Companies cited

For more information on this report, visit https://www.researchandmarkets.com/r/funvxe

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