Industry Analysis & Industry Trends
Over the past five years, the Tradesman and Handyman Franchises industry has grown strongly. Industry operators are typically sole traders that perform of range of jobs such as gardening, building maintenance, plumbing, fencing and painting. Industry operators have benefited from the increasing number of consumers that lack both the time and skills to perform labour-intensive manual tasks around the home. As a result, the industry has grown at an annualised 3.2% over the five years through 2013-14 to total $881.9 million.
The steady rise in the number of households over the past five years has aided industry growth. As more households take up residence in new dwellings, demand for industry services to make alterations or perform maintenance work is likely to increase... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Tradesman and Handyman Franchises industry exhibits a moderate level of market share concentration. 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. Market share concentration has remained relatively stable over the past five years, as major players have had to contend with their own market saturation despite demand growth for handyman services... purchase to read more