Industry Analysis & Industry Trends
The Handyman Service Franchises industry derives the majority of its demand from the residential sector, from both homeowners and property managers. As a result, the industry was adversely affected as the housing market entered into its worst downturn since the Great Depression. In the past two years, industry revenue turned the corner, benefiting from the slow rebound in per capita disposable income and the recent increase in existing home sales and housing prices. Over the next five years, revenue for the Handyman Service Franchises industry is projected to rise.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Handyman Service Franchises industry is in the mature stage of its industry life cycle. Over the 10 years to 2017, industry value added, which measures the industry's contribution to the overall economy, is projected to rise at an average annual rate of 0.9%. Comparatively, GDP is forecast to rise at an annualized rate of 1.9% over the same 10-year period. Therefore, industry value added is rising relatively in line with the economy as a whole, a key indicator of its mature life cycle stage.
Furthermore, the Handyman Service Franchises industry is expected to steadily expand over the 10 years to 2017, with the number of operators forecast to increase at an average annual rate of 1.0% to 2,174... purchase to read more