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 3.0% over the five years through 2014-15, to total $910.8 million... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Tradesman and Handyman Franchises industry is in the mature phase of its life cycle. The industry has expanded over the past five years as independent traders and handymen join the ranks of franchised businesses. However, innovation has been slow and provision of services remains largely unchanged.
Industry value added (IVA), a measure of an industry's contribution to the overall economy, is forecast to grow at an annualised 1.9% over the 10 years through 2018-19. IVA growth is thus expected to underperform real GDP growth of an annualised 2.7% over the same period, suggesting that the industry is contributing less to the economy. This is expected to be due to rising price competition within the industry resulting from a lack of service innovation... purchase to read more