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 Analysis Chapter
The Tradesman and Handyman Franchises industry has grown at a strong rate over the past five years. Operators that have adopted the franchise business model have benefited from collective marketing, allowing them to advertise themselves through an industry brand, such as Jim's Group and VIP Group. The franchise model for tradesmen and handymen is growing at a lucrative time, as the number of consumers that lack the time and skills to perform labour-intensive tasks around the home has grown over the past five years.
Over the five years through 2015-16, industry revenue is projected to increase at an annualised 3.3%, to total $943.1 million for the year... purchase to read more