KSA On-Demand Home Service Market Outlook to 2027
Driven by expanding E-commerce with accessibility and convenience
April 2023
66
About the Report
About the Report
The report provides a comprehensive analysis of the potential of On-Demand Home Service Industry in KSA. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
Its market segmentations include by types of service, by cities and by deployment; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Market Size of KSA On-Demand Home service has shown increasing trend from 2017 to 2022. However, drop was observed in 2020. This is owing to fear and social distance among service providers during pandemic. Market Size of KSA On-Demand Home service is expected to show increasing trend from 2022 to 2027 at CAGR of 7.5%. This is owing to fast life and consumer’s consciousness about hygiene post covid-19.
- Cleaning services are expected to dominate the market. However, the revenue from other services will also grow as the market grows due to changing lifestyle of people leading them to avail more on-demand home services like salon etc. This will contribute towards the growth.
- Metropolitan cities will continue to generate the maximum demand for on-demand home services due to increased smartphone and internet penetration in such areas while people from other cities prefer hiring full-time maids over on-demand services.
Key Trends by Market Segment:
By Type of Service: Cleaning orders holds majority share in on-demand home service followed by maintenance and repairs in 2022. This is owing to cleaning requirement at short interval when compared to maintenance and repairs.
By Deployment: In current scenario offline mode of deployment holds major share as people call and ask for quotations and choose the convenient time slots for service rather than booking directly through web or Apps. This helps the end user in comparing price among various service provider and getting the time slot based on convenience.
Competitive Landscape
Future Outlook
Market Size of KSA On-Demand Home Service is expected to show increasing trend from 2022 to 2027. This is owing to fast life and consumers’ consciousness about hygiene post covid-19. Post-pandemic the demand for on-demand home services boosted. This is because majority of people are back to the workplace and they have less time to do household chores. Internet penetration, digital media presence has accelerated the demand for On-Demand home services.
Scope Of The Report
Scope of the Report
|
KSA On-Demand Home Service Market Segmentation |
|
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By Type of Services |
Cleaning Maintenance and Repairs Others |
|
By Cities |
Metropolitan (Riyadh, Jedda and Dammam) Others (Rest KSA) |
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By Deployment |
Online Offline |
Products
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Existing Debt Collection Companies
- Law Firms
- Financing Companies
- Non-Financing Companies
- Insurance Companies
- Debt Collection & Management software providers
- Government Agencies
- Finance Consultants
- Others
Time Period Captured in the Report
- Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2022-2027
Companies
Service Providers
- Com
- Extra
- Tamam
- Kone
- Albaap
- Healthy Home
- New Vision
- Jawa Hr
- Muheel
Marketplaces
- B8ak
- Urban Company
- Smasco
- Firstfix
- Serviis
- Maharah
- Dari
- Justlife
- Fanni
Table of Contents
Table of Contents
1. Executive Summary
1.1 Executive summary ~ Market Size & Segmentation
1.2 Executive summary ~ Competition Scenario
1.3 Executive summary ~ Future Outlook and Recommendation
2. Country Overview
2.1 Country Demographics
2.2 Population Analysis
2.3 KSA Residential Real Estate Industry
3. Market Overview
3.1 Supply Side Ecosystem
3.2 Business Model for Marketplace of KSA On-demand Home Services
3.3 Value Chain Analysis of KSA On-Demand Home Services
3.4 Timeline of Major Players in KSA On-demand Home Services~ Marketplaces
3.5 Timeline of Major Players in KSA On-Demand Home Services~ Service Provider
4. KSA On-Demand Home Services Market Size 2017-2022
4.1 Market Size of KSA On-Demand Home Services Market, 2017-2022
5. KSA On-Demand Home Services Market Segmentation, 2022
5.1 Market Segmentation by Type of Service, Cities and Deployment, 2022
6. Demand Analysis
6.1 Demand Analysis in On-Demand Home Service Industry in KSA
6.2 Brand Awareness and Customer Satisfaction Level~ Marketplace
6.3 Brand Awareness and Customer Satisfaction Level~ Service Provider
7. Industry Analysis
7.1 Porter Analysis of KSA On-Demand Home Service Market
7.2 Trends and Development in KSA On-Demand Home Service Market
7.3 Growth Driver in KSA On-Demand Home Service Market
7.4 Bottleneck and Challenges in KSA On-Demand Home Service Market
8. Impact of Covid-19
8.1 Impact of Covid-19
9. KSA On-Demand Home Service Competition Scenario
9.1 Competitive Landscape of KSA On-Demand Home Service (Service Provider)
9.2 Market Positioning of Players in KSA On-Demand Home Service (Service Provider)
9.3 Cross-Comparison of Players in KSA On-Demand Home Service (Service Provider)
9.4 Strength and Weaknesses of Players in KSA On-Demand Home Service Market (Service Provider)
9.5 Competitive Landscape of KSA On-Demand Home Service (Marketplace)
9.6 Market Positioning of Players in KSA On-Demand Home Service Market (Marketplace)
9.7 Market Share of Major Players (Marketplace), 2022
9.8 Cross-Comparison of Players in KSA On-Demand Home Service Market
9.9 Strength and Weaknesses of KSA On-Demand Home Service Market Players (Marketplace)
10. KSA On-Demand Home Services Future Outlook
10.1 Market Size of KSA On-Demand Home Services, 2022-2027
10.2 Market Segmentation by Type of Service and Cities, 2027
10.3 Market Segmentation by Type of Deployment, 2027
11. Analyst Recommendation
11.1 Analyst Recommendation
12. Research Methodology
12.1 Market Definitions and Assumptions
12.2 Abbreviations
12.3 Consolidated Research Approach
12.4 Sample Size Inclusion
12.5 Limitation and Future Conclusion
Disclaimer
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Research Methodology
Research Methodology
Step: 1 Identifying Key Variables:
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Step: 2 Market Building:
Collating statistics on on-demand home services over the years, penetration of marketplaces and service providers ratio to compute revenue generated for on-demand home services. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Step: 3 Validating and Finalizing:
Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Step: 4 Research output:
Our team will approach multiple on-demand home services providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from on-demand home services providers.
Frequently Asked Questions
Frequently Asked Questions
01 What is the Study Period of this Market Report?
The KSA On-Demand Home Services Market is covered from 2017–2027 in this report, including a forecast for 2022-2027.
02 What is the Future Growth Rate of the KSA On-Demand Home Services Market?
The KSA On-Demand Home Services Market is expected to witness a CAGR of ~7.5% over the next years.
03 What are the Key Factors Driving the KSA On-Demand Home Services Market?
Expanding E-Commerce and M-Commerce and Nuclear Family Environment are likely to fuel the growth in the KSA On-Demand Home Services market.
04 Which is the Largest Deployment Type Segment within the KSA On-Demand Home Services Market?
The Offline type segment held the largest share of the KSA On-Demand Home Services Market in 2022.
05 Who are the Key Players in the KSA On-Demand Home Services Market?
Healthy Homes, Muheel and Urban Company.
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