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Personal Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030

  • ID: 5238035
  • Report
  • January 2021
  • Region: Global
  • 400 pages
  • The Business Research Company
1 of 5

FEATURED COMPANIES

  • Best Buy
  • Regis Corporation
  • Sears Holdings
  • MORE
Personal Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global personal services market as it emerges from the COVID-19 shut down.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:

Where is the largest and fastest growing market for personal services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Personal Services market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider personal services market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The personal services market section of the report gives context. It compares the personal services market with other segments of the services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, personal services indicators comparison.
Scope

Markets Covered:
1) By Type: Personal Care Services; Death Care Services; Dry-Cleaning and Laundry Services; Other Personal Services; Private Household Services
2) By Mode: Online; Offline

Subsegments Covered: Beauty Salons; Diet and Weight Reducing Centers; Spas & Massage Parlors; Other Personal Care Services; Funeral Homes and Funeral Services; Cemeteries and Crematories; Coin-Operated Laundries and Drycleaners; Dry-Cleaning and Laundry Services (except Coin-Operated); Linen and Uniform Supply; Pet Care (except Veterinary) Services; Photofinishing; Parking Lots and Garages; All Other Personal Services; In-house Workers; Outside Workers

Companies Mentioned: Services Corporation International; Sears Holdings; Best Buy; Regis Corporation; Weight Watchers International Inc

Metrics Covered: Number of Enterprises; Number of Employees

Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, personal services indicators comparison.

Data segmentations: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Best Buy
  • Regis Corporation
  • Sears Holdings
  • MORE
1. Executive Summary

2. Report Structure

3. Personal Services Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Personal Services Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Personal Services Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Personal Services Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Personal Services Market Trends and Strategies

8. Impact of COVID-19 on Personal Services

9. Personal Services Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market

10. Personal Services Market Regional Analysis
10.1. Global Personal Services Market, 2020, by Region, Value ($ Billion)
10.2. Global Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Personal Services Market, Growth and Market Share Comparison, by Region

11. Personal Services Market Segmentation
11.1. Global Personal Services Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Personal Care Services
  • Death Care Services
  • Dry-Cleaning and Laundry Services
  • Other Personal Services
  • Private Household Services
11.2. Global Personal Services Market, Segmentation by Mode, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Online
  • Offline
12. Personal Services Market Segments
12.1. Global Personal Care Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Beauty Salons; Diet and Weight Reducing Centers; Spas & Massage Parlors; Other Personal Care Services
12.2. Global Death Care Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Funeral Homes and Funeral Services; Cemeteries and Crematories
12.3. Global Dry-Cleaning and Laundry Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Coin-Operated Laundries and Drycleaners; Dry-Cleaning and Laundry Services (except Coin-Operated); Linen and Uniform Supply
12.4. Global Other Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Pet Care (except Veterinary) Services; Photofinishing; Parking Lots and Garages; All Other Personal Services
12.5. Global Private Household Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - In-house Workers; Outside Workers

13. Personal Services Market Metrics
13.1. Personal Services Market Size, Percentage of GDP, 2015-2025, Global
13.2. Per Capita Average Personal Services Market Expenditure, 2015-2025, Global

14. Asia-Pacific Personal Services Market
14.1. Asia-Pacific Personal Services Market Overview
  • Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Asia-Pacific, Personal Services Market, 2020, by Country, Value ($ Billion)
14.3. Asia-Pacific, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
14.4. Asia-Pacific, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
14.5. Asia-Pacific, Personal Services Market Metrics
14.5.1. Per Capita Average Personal Services Expenditure, 2015-2025, Asia-Pacific Countries
14.5.2. Number of Enterprises, Personal Services Market, Personal Services Market/Number of Enterprises, 2020, Asia-Pacific Countries
14.5.3. Number of Employees, Personal Services Market, Personal Services Market/Number of Employees, 2020, Asia-Pacific Countries
14.6. Asia-Pacific Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7. Asia-Pacific Personal Services Market: Country Analysis
14.7.1. China Personal Services Market
14.7.1.1. China Personal Services Market Overview
14.7.1.2. China Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.2. Australia Personal Services Market
14.7.2.1. Australia Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.3. Hong Kong Personal Services Market
14.7.3.1. Hong Kong Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.4. India Personal Services Market
14.7.4.1. India Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.5. Indonesia Personal Services Market
14.7.5.1. Indonesia Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.6. Japan Personal Services Market
14.7.6.1. Japan Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.7. Malaysia Personal Services Market
14.7.7.1. Malaysia Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.8. New Zealand Personal Services Market
14.7.8.1. New Zealand Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.9. Philippines Personal Services Market
14.7.9.1. Philippines Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.10. Singapore Personal Services Market
14.7.10.1. Singapore Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.11. South Korea Personal Services Market
14.7.11.1. South Korea Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.12. Thailand Personal Services Market
14.7.12.1. Thailand Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
14.7.13. Vietnam Personal Services Market
14.7.13.1. Vietnam Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

15. Western Europe Personal Services Market
15.1. Western Europe Personal Services Market Overview
15.2. Western Europe, Personal Services Market, 2020, by Country, Value ($ Billion)
15.3. Western Europe, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
15.4. Western Europe, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
15.5. Western Europe, Personal Services Market Metrics
15.5.1. Per Capita Average Personal Services Expenditure, 2015-2025, Western Europe Countries
15.5.2. Number of Enterprises, Personal Services Market, Personal Services Market/Number of Enterprises, 2020, Western Europe Countries
15.5.3. Number of Employees, Personal Services Market, Personal Services Market/Number of Employees, 2020, Western Europe Countries
15.6. Western Europe Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7. Western Europe Personal Services Market: Country Analysis
15.7.1. Austria Personal Services Market
15.7.1.1. Austria Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.2. Belgium Personal Services Market
15.7.2.1. Belgium Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.3. Denmark Personal Services Market
15.7.3.1. Denmark Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.4. Finland Personal Services Market
15.7.4.1. Finland Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.5. France Personal Services Market
15.7.5.1. France Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.6. Germany Personal Services Market
15.7.6.1. Germany Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.7. Ireland Personal Services Market
15.7.7.1. Ireland Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.8. Italy Personal Services Market
15.7.8.1. Italy Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.9. Netherlands Personal Services Market
15.7.9.1. Netherlands Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.10. Norway Personal Services Market
15.7.10.1. Norway Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.11. Portugal Personal Services Market
15.7.11.1. Portugal Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.12. Spain Personal Services Market
15.7.12.1. Spain Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.13. Sweden Personal Services Market
15.7.13.1. Sweden Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.14. Switzerland Personal Services Market
15.7.14.1. Switzerland Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
15.7.15. UK Personal Services Market
15.7.15.1. UK Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

16. Eastern Europe Personal Services Market
16.1. Eastern Europe Personal Services Market Overview
16.2. Eastern Europe, Personal Services Market, 2020, by Country, Value ($ Billion)
16.3. Eastern Europe, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
16.4. Eastern Europe, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
16.5. Eastern Europe, Personal Services Market Metrics
16.5.1. Per Capita Average Personal Services Expenditure, 2015-2025, Eastern Europe Countries
16.5.2. Number of Enterprises, Personal Services Market, Personal Services Market/Number of Enterprises, 2020, Eastern Europe Countries
16.5.3. Number of Employees, Personal Services Market, Personal Services Market/Number of Employees, 2020, Eastern Europe Countries
16.6. Eastern Europe Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7. Eastern Europe Personal Services Market: Country Analysis
16.7.1. Czech Republic Personal Services Market,
16.7.1.1. Czech Republic Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.2. Poland Personal Services Market
16.7.2.1. Poland Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.3. Romania Personal Services Market
16.7.3.1. Romania Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
16.7.4. Russia Personal Services Market
16.7.4.1. Russia Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

17. North America Personal Services Market
17.1. North America Personal Services Market Overview
17.2. North America, Personal Services Market, 2020, by Country, Value ($ Billion)
17.3. North America, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
17.4. North America, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
17.5. North America, Personal Services Market Metrics
17.5.1. Per Capita Average Personal Services Expenditure, 2015-2025, North America Countries
17.5.2. Number of Enterprises, Personal Services Market, Personal Services Market/Number of Enterprises, 2020, North America Countries
17.5.3. Number of Employees, Personal Services Market, Personal Services Market/Number of Employees, 2020, North America Countries
17.6. North America Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7. North America Personal Services Market: Country Analysis
17.7.1. Canada Personal Services Market
17.7.1.1. Canada Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.2. Mexico Personal Services Market
17.7.2.1. Mexico Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
17.7.3. USA Personal Services Market
17.7.3.1. USA Personal Services Market Overview
17.7.3.2. USA Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

18. South America Personal Services Market
18.1. South America Personal Services Market Overview
18.2. South America, Personal Services Market, 2020, by Country, Value ($ Billion)
18.3. South America, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
18.4. South America, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
18.5. South America, Personal Services Market Metrics
18.5.1. Per Capita Average Personal Services Expenditure, 2015-2025, South America Countries
18.5.2. Number of Enterprises, Personal Services Market, Personal Services Market/Number of Enterprises, 2020, South America Countries
18.5.3. Number of Employees, Personal Services Market, Personal Services Market/Number of Employees, 2020, South America Countries
18.6. South America Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7. South America Personal Services Market: Country Analysis
18.7.1. Argentina Personal Services Market
18.7.1.1. Argentina Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.2. Brazil Personal Services Market
18.7.2.1. Brazil Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.3. Chile Personal Services Market
18.7.3.1. Chile Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.4. Colombia Personal Services Market
18.7.4.1. Colombia Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.5. Peru Personal Services Market
18.7.5.1. Peru Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
18.7.6. Venezuela Personal Services Market
18.7.6.1. Venezuela Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

19. Middle East Personal Services Market
19.1. Middle East Personal Services Market Overview
19.2. Middle East, Personal Services Market, 2020, by Country, Value ($ Billion)
19.3. Middle East, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
19.4. Middle East, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
19.5. Middle East, Personal Services Market Metrics
19.5.1. Per Capita Average Personal Services Expenditure, 2015-2025, Middle East Countries
19.5.2. Number of Enterprises, Personal Services Market, Personal Services Market/Number of Enterprises, 2020, Middle East Countries
19.5.3. Number of Employees, Personal Services Market, Personal Services Market/Number of Employees, 2020, Middle East Countries
19.6. Middle East Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7. Middle East Personal Services Market: Country Analysis
19.7.1. Saudi Arabia Personal Services Market
19.7.1.1. Saudi Arabia Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.2. Israel Personal Services Market
19.7.2.1. Israel Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.3. Turkey Personal Services Market
19.7.3.1. Turkey Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
19.7.4. UAE Personal Services Market
19.7.4.1. UAE Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

20. Africa Personal Services Market
20.1. Africa Personal Services Market Overview
20.2. Africa, Personal Services Market, 2020, by Country, Value ($ Billion)
20.3. Africa, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Country
20.4. Africa, Personal Services Market, 2015-2020, 2020-2025F, 2030F, Growth and Market Share Comparison, by Country
20.5. Africa, Personal Services Market Metrics
20.5.1. Per Capita Average Personal Services Expenditure, 2015-2025, Africa Countries
20.5.2. Number of Enterprises, Personal Services Market, Personal Services Market/Number of Enterprises, 2020, Africa Countries
20.5.3. Number of Employees, Personal Services Market, Personal Services Market/Number of Employees, 2020, Africa Countries
20.6. Africa Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7. Africa Personal Services Market: Country Analysis
20.7.1. Egypt Personal Services Market
20.7.1.1. Egypt Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.2. Nigeria Personal Services Market
20.7.2.1. Nigeria Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)
20.7.3. South Africa Personal Services Market
20.7.3.1. South Africa Personal Services Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion)

21. Personal Services Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Services Corporation International
21.3.1.1. Company Overview
21.3.1.2. Products and Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Sears Holdings
21.3.2.1. Company Overview
21.3.2.2. Products and Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Best Buy
21.3.3.1. Company Overview
21.3.3.2. Products and Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. Regis Corporation
21.3.4.1. Company Overview
21.3.4.2. Products and Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Weight Watchers International Inc
21.3.5.1. Company Overview
21.3.5.2. Products and Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance

22. Key Mergers and Acquisitions in the Personal Services Market

23. Market Background: Services Market
23.1. Services Market Characteristics
23.2. Services Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Growth, by Segment, Value ($ Billion), Global
23.3. Global Services Market, 2020, by Region, Value ($ Billion)
23.4. Global Services Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
23.5. Global Services Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)

24. Recommendations
24.1. Global Personal Services Market in 2025- Growth Countries
24.2. Global Personal Services Market in 2025- Growth Segments
24.3. Global Personal Services Market in 2025- Growth Strategies

25. Appendix
25.1. NAICS Definitions of Industry Covered in This Report
25.2. Abbreviations
25.3. Currencies
25.4. Research Inquiries
25.5. About the Publisher

26. Copyright and Disclaimer
Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • Best Buy
  • Regis Corporation
  • Sears Holdings
  • MORE
Major companies in the personal services market include Services Corporation International; Sears Holdings; Best Buy; Regis Corporation and Weight Watchers International Inc.

The global personal services market is expected to grow from $982. 66 billion in 2020 to $1057. 18 billion in 2021 at a compound annual growth rate (CAGR) of 7. 6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1411. 2 billion in 2025 at a CAGR of 7%.

The personal services market consists of sales of personal services and related goods by entities (organizations, sole traders and partnerships) that provide personal and laundry services to individuals, households, and businesses. The personal services market is segmented into personal care services; death care services; laundry and drycleaning services; other personal services; and private household services.

Asia Pacific was the largest region in the global personal services market, accounting for 38% of the market in 2020. North America was the second largest region accounting for 29% of the global personal services market. Africa was the smallest region in the global personal services market.

Personal care service companies such as beauty salons, spas are increasingly marketing their services through online platforms. These websites or applications allow customers to book appointments with beauticians who provide services such as haircut, styling, makeup, massage and others at the customer's premise. For instance, Lisa, an online platform offers haircuts, massage, manicures and others at home upon making prior booking. Other such online personal care service platforms include Glamsquad, Urbanclap, Luxit and Glamazon.

Coronavirus Pandemic - The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the personal services market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of 'lock down' and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the personal services market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Faster Economic Growth - The personal services market's growth is expected to be aided by stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3. 7% over 2019 and 2020, and 3. 6% from 2021 to 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, India's GDP is expected to grow at 7. 3%, whereas China is forecasted to register GDP growth of 6. 2% in 2019. Stable economic growth is expected to increase disposable incomes, driving the demand for personal services.
Note: Product cover images may vary from those shown
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  • Services Corporation International
  • Sears Holdings
  • Best Buy
  • Regis Corporation
  • Weight Watchers International Inc
Note: Product cover images may vary from those shown
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