Industry Analysis & Industry Trends
The Tradesman and Handyman Franchises industry has grown consistently over the past five years. Industry operators are typically sole traders that perform of range of jobs such as gardening, building maintenance, plumbing, fencing and painting. Operators have benefited from the increasing number of consumers lacking time and skills for labour-intensive manual tasks around the home. As a result, the industry is expected to grow at an annualised 3.3% over the five years through 2015-16, to total $943.1 million. Furthermore, industry revenue is expected to grow by 3.4% in 2015-16, due to stronger demand.
The steady rise in the number of housing transfers and households over the past five years has aided industry growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Tradesman and Handyman Franchises industry exhibits a moderate level of market share concentration. The four largest organisations in the industry are estimated to account for almost 60% of industry revenue in 2015-16. Jim's Group, VIP Home Services and Hire A Hubby make up a significant portion of industry revenue between them, as they have established the greatest brand recognition throughout the industry. However, beyond these three companies, the industry is highly fragmented. Many franchises only work within small regions or within a single state, precluding them from gaining market share commensurate with major players that have nationwide operations... purchase to read more