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The Global Personal Services Market Is Valued At Around $1 Trillion In 2017 According to TBRC’s Latest Report

(MoneyNewsWire.Net, July 12, 2018 ) The personal services market consists of establishments which provide personal services such as equipment and machinery repairing, personal and household goods repair and maintenance, dry cleaning and laundry, beauty and personal care services, pet care services, death care services, photofinishing services and domestic services such as domestic cleaning and cooking.

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The global personal services market is valued at around $1 trillion in 2017 and expecting increase in demand for personal services due to increasing urban population, strong economic growth and rising disposable income in emerging markets, increasing awareness about personal care, growing pet population and changing consumer preferences.

The personal services market in The Business Research Companys report is segmented into six segments. Other personal services and personal care services segment accounts for more than half of the market share and the remaining share is attributed to the other four segments such as Personal Goods Repair And Maintenance, Private Households Death Care Services, Dry Cleaning And Laundry Services.

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The USA was the largest country in the personal services market in 2017, accounting for more than one-fourth of the market share. This was mainly due to the increasingly use of innovative technologies and devices by pet care service providers to improve pet care and offer a wide range of services to customers. The USA was followed by China and Japan as the next largest countries in the market.

Service Corporation International was the largest competitor in the personal services market, followed by Sears Holdings and Best Buy. Service Corporation offers a range of death products, and funeral services. As of December 2016, the company operated 470 cemeteries, 1,502 funeral service locations in 45 states in the US and eight provinces in Canada, the District of Columbia, and Puerto Rico.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293


The Business Research Company

Marketing TBRC

+91 8897263534

Source: EmailWire.Com

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