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Handyman Service Franchises - Industry Market Research Report

  • March 2017
  • 32 pages
  • Ibisworld
Report ID: 2573473

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Quick fix: A rebounding housing market and rising incomes will propel industry growth

Abstract
Handyman Service Franchises
The industry derives most of its revenue from the residential sector.

As a result, the industry expanded strongly over the five years to 2017, as the construction sector continued to improve.

However, growth was slightly hampered by the popularity of do-it-yourself (DIY) projects early in the period, as household disposable incomes remained constrained.

However, IBISWorld estimates industry revenue will rise strongly over the five years to 2017.

However, with total construction value expected to surpass prerecessiony levels in the coming years, rapid industry expansion will become harder to maintain.

Overall, IBISWorld projects industry revenue to grow at a slower rate over the five years to 2022.

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 margins 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.

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