Handyman Services Market to Grow with a CAGR of 15.8% through 2029

The global handyman services market is driven by urbanization, rising incomes, aging homes, technological advancements, demand for specialized services, and growing focus on eco-friendly solutions.

According to TechSci Research report, “Handyman Services Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global handyman services market was valued at USD 392.23 Billion in 2023 and is expected to reach USD 945.78 Billion by 2029 with a CAGR of 15.8% during the forecast period.   The handyman services market is expanding rapidly, driven by key factors such as urbanization, the rise of dual-income households, and the growing emphasis on home improvement and maintenance. Consumers increasingly prioritize convenience, leading to a surge in demand for professional, reliable, and on-demand handyman services. The proliferation of digital platforms has further transformed the industry, making it easier for homeowners to access skilled professionals for diverse tasks such as repairs, maintenance, and remodeling. Rising disposable incomes and an increasing focus on property value enhancement also play a pivotal role, as homeowners seek to maintain and upgrade their living spaces.

The market's growth is further supported by the need for specialized skills in areas such as plumbing, electrical repairs, and HVAC maintenance, especially as homes become more technologically advanced. Sustainability trends, including the adoption of energy-efficient systems and eco-friendly practices, are also influencing service demands.However, the industry faces several challenges. A fragmented service landscape, marked by unorganized players, creates inconsistency in service quality and pricing. Limited availability of highly skilled workers in certain regions hampers growth, as does the reluctance of some consumers to adopt digital platforms for service bookings. Seasonal demand fluctuations and the high costs associated with retaining a skilled workforce can strain smaller businesses. Moreover, economic uncertainties and shifting consumer spending patterns may pose risks to discretionary home improvement expenditures.To overcome these challenges, market players are focusing on training programs, enhancing service quality, and leveraging technology to improve customer experience. Offering transparent pricing, flexible service packages, and subscription models also help address consumer concerns. By bridging the gap between demand and skilled supply, the handyman services market holds significant potential for sustained growth in the years ahead.

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The Handyman Services Market is segmented into deployment, repairs & maintenance, home improvement type and region.

Based on repairs & maintenance, the Non-HVAC Home Appliances segment is the fastest-growing, driven by increasing adoption of advanced and smart appliances. As homes become more technologically equipped, appliances such as washing machines, refrigerators, dishwashers, and microwaves are becoming essential household items. Consumers are prioritizing timely repairs to extend the lifespan of these high-value products. Additionally, the proliferation of IoT-enabled and energy-efficient appliances has increased the complexity of repairs, creating a growing demand for skilled technicians. Rising disposable incomes, particularly in developing economies, are enabling more households to invest in and maintain these appliances, further accelerating growth in this segment.

Major companies operating in the global Handyman Services market are:

• Handy Technologies, Inc.
• TaskRabbit, Inc.
• Thumbtack, Inc.
• Angi, Inc. 
• Porch.com, Inc.
• Ace Handyman Franchising, Inc. 
• HomeServe USA
• House Doctor A/S 
• Handyman Connection
• The HANDYMAN Ltd.

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“A key trend in the handyman services market is Subscription-based models are gaining traction in the handyman services market, offering consumers convenience and cost savings while providing businesses with a steady revenue stream. These plans typically involve regular maintenance checks, preventive repairs, and prioritized services for a fixed monthly or annual fee. Homeowners appreciate the predictability and proactive approach of such models, which help avoid costly emergency repairs and ensure consistent property upkeep. For businesses, subscription services improve customer retention, foster long-term relationships, and reduce seasonal demand fluctuations“, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Handyman Services Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Deployment (Online, Offline), By Repairs & Maintenance (Electricity, Plumbing, Non-HVAC Home Appliances, Gas, Heating, Ventilation and Air Conditioning), By Home Improvement Type (Construction, Interior Design), By Region, & Competition, 2019-2029F”, has evaluated the future growth potential of global Handyman Services Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global handyman services market.

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