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Business Concierge Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Business Concierge Services Market Research Report | Advisory & Financial Services | Other Outsourced Functions | Apr 2014

Timely assistance: Rising corporate profit and disposable incomes will help industry revenue grow

IBISWorld’s Business Concierge Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$318m
Annual Growth 09-14
5.5%
Annual Growth 14-19
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Profit
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Employment
2,750
Businesses
698
Industry Analysis & Industry Trends

Operators in the Business Concierge Services industry conduct their clients' professional and personal affairs, from handling dry cleaning and shopping to making travel arrangements. During the recession, low corporate profit and low per capita disposable income discouraged households and companies from hiring concierges, though many new firms entered the industry during the recession because of its low barriers to entry. As the economy recovers, demand is expected to return to the industry, with solid revenue and enterprise growth over the next five years.... purchase to read more

Industry Report - Industry Locations Chapter

Based on data from the Bureau of Labor Statistics, IBISWorld estimates the Southeast, West and Mid-Atlantic to be the top three regions in terms of establishment concentration for the Business Concierge Services industry. In general, industry activity tends to follow population densities. Larger populations in major metropolitan areas are more likely to be home to large corporations that may solicit business concierges. Also, large populations raise the potential for people to start their own concierge businesses because barriers to entry are considered low, and many owner-operator firms characterize the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Business Concierge Services Industry?

Business concierges provide on-demand services for business executives, clients, employees and individuals. Companies offer a wide variety of services, including running errands, conducting grocery and personal shopping, making travel and restaurant reservations, and home management. Services may be provided in-person or remotely via telecommunications. Companies that function like brokers to match client requests with available freelance concierges are excluded from this industry.

Industry Products
Fulfilling other tasksShoppingEntertainment and dining arrangementsTravel arrangementsCourier services (e.g. bank deposits)
 
Industry Activities
Arranging travelShoppingProviding courier functionsProviding small event and party planningArranging dining and entertainmentFulfilling other tasks associated with a business trip


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