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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United States Home Services Market Outlook

The United States home services market size was valued at USD 90.63 billion in 2023. The market is further projected to grow at a CAGR of 7.2% between 2024 and 2032, reaching a value of USD 170.87 billion by 2032.

Key Takeaways

  • The percentage of Americans who own a home increased to roughly 65.9% in 2022 from 63.7% in 2016. The demand for home services is directly correlated with this rise in homeownership.
  • The U.S. also has a significant number of older homes, with nearly 40% of homes being over 50 years old, which increases the demand for home services related to plumbing, electrical work, roofing, and structural repairs.
  • As per industry reports, online bookings for home services have seen a substantial increase, with approximately 70% of customers preferring to book services online and a 52% growth in online bookings from 2019 to 2022.

On-demand home service providers are expanding their offerings to include specialised and niche services like home cleaning, pet care, and home security. This trend caters to the diverse needs of consumers, enhancing customer satisfaction and loyalty. By offering a wider range of services, providers can attract a larger customer base and increase revenue streams. Handy offers a wide range of on-demand home services including cleaning, furniture assembly, and plumbing.

The increasing adoption of mobile apps for booking home services is driving United States home services market growth, with a significant percentage of consumers preferring app-based service bookings. This trend boosts market accessibility and customer engagement. TaskRabbit allows users to book a variety of home services through their mobile app.

Pest control services are essential for preventing and managing infestations of insects, rodents, and other pests that can cause damage to residential properties and pose health risks to occupants. The demand for these services is driven by factors such as the growing popularity of eco-friendly pest control methods and the rising awareness of the importance of maintaining a pest-free living environment.

As per United States home services market analysis, the repair and maintenance segment includes services such as electricity, plumbing and drainage, and gas. These services are essential for maintaining the functionality and safety of residential properties, and the demand for these services is influenced by factors such as the age and condition of the housing stock, the increasing complexity of home systems and appliances, and the growing trend towards home renovation and remodelling.

United States Home Services Market

Market Segmentation

United States Home Services Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Mode of Operation

  • Online
  • Offline

Market Breakup by Offerings

  • Home Cleaning
    • Garden and Lawn Mowing 
    • Pest Control
    • Others
  • Repair and Maintenance
    • Electricity 
    • Plumbing and Drainage 
    • Gas 
    • Others
  • Others

Market Breakup by Region

  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West

Competitive Landscape

Market players are focused on expanding their services by branching out into multiple home services within a single brand, such as plumbers acquiring electrical or HVAC businesses.

  • Chemed Corporation
  • Rentokil Initial plc 
  • Rollins, Inc. 
  • Angie’s List, Inc. 
  • The Maids International, Inc. 
  • Frontdoor Home Services, Inc.  
  • Neighborly Assetco LLC 
  • Orkin LLC 
  • Elite Cleaning Services Group LLC 
  • TruGreen Limited 
  • One Hour Air Conditioning Franchising SPE LLC 
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Mode of Operation
  • Offerings
  • Region
Breakup by Mode of Operation
  • Online
  • Offline
Breakup by Offerings
  • Home Cleaning
  • Repair and Maintenance
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Chemed Corporation
  • Rentokil Initial plc 
  • Rollins, Inc. 
  • Angie’s List, Inc. 
  • The Maids International, Inc. 
  • Frontdoor Home Services, Inc.  
  • Neighborly Assetco LLC 
  • Orkin LLC 
  • Elite Cleaning Services Group LLC 
  • TruGreen Limited 
  • One Hour Air Conditioning Franchising SPE LLC 
  • Others

United States Home Services Market Report Snapshots

United States Home Services Market Size

United States Home Services Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 90.63 billion.

The market is expected to grow at a CAGR of 7.2% between 2024 and 2032.

The home services market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 170.87 billion by 2032.

The market is driven by factors such as increasing disposable income, government initiatives for green buildings, and the rise in e-commerce sector.

Key trends aiding the market expansion include rising homeownership rates, ageing housing stock, and technological advancements.

Regions considered in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

Based on offering, the market segmentations include home cleaning (garden and lawn mowing, pest control, among others) and repair and maintenance (electricity, plumbing and drainage, gas, among others).

Online and offline modes are considered in the report.

Key players in the market are Chemed Corporation, Rentokil Initial plc, Rollins, Inc., Angie's List, Inc., The Maids International, Inc., Frontdoor Home Services, Inc., Neighborly Assetco LLC, Orkin LLC, Elite Cleaning Services Group LLC, TruGreen Limited, and One Hour Air Conditioning Franchising SPE LLC, among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124