The recovering economy will not help this industry succeed in the next five years. As consumer spending revives, individuals will look to purchase new home and garden appliances, inhibiting growth for repair services. However, long-term demand will likely increase due to a growing supply of products that will require repairs in the future. The industry will also benefit from increasing prices of household appliances, which may encourage consumers to have current items repaired rather than replace them.
Companies in this industry repair and maintain home and garden equipment and household-type appliances, such as lawn mowers, edgers, snow- and leaf-blowers, washing machines, clothes dryers and refrigerators. Companies in this industry do not retail new equipment or appliances (IBISWorld 44411). This industry does not include automotive repairs or electronic and computer repair services (81121). Services in this industry are provided to both businesses and households.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.