Tuesday, January 31, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Business UAE On-Demand Home Services Market Size and Research 2022, CAGR Status, Growth...

UAE On-Demand Home Services Market Size and Research 2022, CAGR Status, Growth Analysis, Key Manufacturers, Latest Trends, and Forecast Research Report 2026: Ken Research

UAE’s On-Demand Home Services Industry was valued at AED ~XX million in 2021, growing at a CAGR of XX% in between 2017 and 2021. With the increasing influence of digital media, increasing smartphone penetration and greater convenience and accessibility, people have started taking these on-demand home services, especially people in the age group of 25-55 years. XX% of population purchased a product or service online via a smartphone as of 2021. The industry grew at a CAGR of XX% from 2020-2021 during the COVID-19 outbreak. The market growth spiked during COVID as people were reluctant to step out of their houses. People preferred booking home services online directly from these marketplaces or service providers. Services such as sanitation, disinfection and other deep cleaning services along with PCR testing services increased during this period.

The consumer spending has increased from XX bn to XX bn from 2019-2021. This reflects a shift to a better standard of living. People prefer to get the home services done by professionals rather than doing it themselves. Due to the busy schedule of the working women, they are unable to take care of their home, leading to an increase in the demand for home services. The UAE has the highest percentage of total female labor participation in the GCC (including expatriate women). The female labor force participation rate in the UAE is XX% in 2020.

UAE On-Demand Home Cleaning Services Market

The Government of the United Arab Emirates announced by decree on November 2020, that foreign investors can fully own local companies without the need for an Emirati sponsor. Earlier, foreign shareholders could own up to 49% of a locally registered company, with a local partner holding the 51%. UAE introduced a federal corporate tax of 9% on business earnings to be effective from June 1, 2023. Business profits of up to roughly USD 102,000 will not be taxed, in order to support small businesses and startups.

Currently, XX% of the industry is untapped as majority of these households have full time maids/contacts with other service workers from the unorganized sector; hence they do not prefer booking on-demand home services from marketplaces or service providers.

UAE On-Demand Home Services Market Competition

UAE On-Demand Home Services Market Segmentation, 2021

By Type of Services:

Cleaning services accounts for ~XX% of on-demand home services, in terms of number of bookings. Beauty services account for ~XX% of on-demand home services. There has been an increasing trend in the number of people (especially women) taking up these services, as there might not be a good salon in their locality. Majority of residential apartments, societies and complexes in UAE have contracts with repair and maintenance service providers, hence, people are not allowed to avail these on-demand repair and maintenance services.

Request for Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTI0MDUx

By Deployment:

Only XX% of the on-demand home services are booked and availed online. People prefer bespoke services, which are not easily available online, hence the offline model is still in demand in UAE. People are reluctant to try new service providers or marketplaces that provide online on-demand services. They would not want to shift from their old trusted service provider that still provide the traditional way of booking services.

By Geography:

Around XX% of on-demand services are availed by Dubai. Dubai residents have tapped the maximum market. Dubai has maximum of working population, as a result of which on-demand home services are in high demand. Abu Dhabi account for XX% of the market. Abu Dhabi constitutes of high income class population. People live in big bungalows or villas, hence, hire full time helpers or maids. Usually, these households get maids from their own countries.

Competitive Landscape in On-Demand Home Services Industry, 2021

UAE’s On-Demand Home Services Industry is highly fragmented with presence of large number of service providers and marketplaces. Each service provider or marketplace has its own business USP, hence, it restricts the dominance of single player in the market. A notable shift in consumer preferences post COVID-19 has contributed in the emergence of on-demand home services industry. Marketplaces have rebranded itself to reflect their position as a top online marketplace and justify its service offerings. These services providers are marketplaces compete amongst each other on the basis of service offerings, price ranges, promotional discounts, service quality, geographical presence and brand value. The report provides comprehensive detail on the cross comparison of players in the on-demand home services ecosystem based on variety of parameters.

Future Outlook of On-Demand Home Services Industry, 2021-2026:

The market size of the on-demand home services industry is expected to grow at a five-year CAGR of XX% increasing from AED XX million in 2021 to AED XX million in 2026. It is anticipated that the penetration of the market will be fueled by increasing consumer spending and smartphone penetration, shift in consumer preference towards availing on-demand home services post COVID-19.

Key Topics Covered in the Report

  • Socio-economic Landscape of UAE
  • Evolution of UAE On-Demand Home Service Industry
  • Ecosystem of UAE On-Demand Home Service Industry
  • UAE On-Demand Home Service major entities Business Model
  • Market Size of On-Demand Home Services Industry by Revenue
  • Market Segmentation of On-Demand Home Services Industry by services, geography, deployment
  • Total Addressable, Serviceable Addressable Market of On-Demand Home Services Industry
  • Demand Drivers and Trends in On-Demand Home Services Industry
  • Consumer spending and preferences in the On-Demand Home Services Industry
  • Impact of COVID on demand and user preferences in the On-Demand Home Services Industry
  • Trends and Developments in On-Demand Home Services Industry
  • Porter’s Analysis of the On-Demand Home Services Industry
  • Growth Drivers of the On-Demand Home Services Industry
  • Challenges faced in the On-Demand Home Services Industry
  • Government Rules and Regulations in the On-Demand Home Services Industry
  • Impact of COVID-19 on the On-Demand Home Services Industry
  • Comparison of Pre and Post COVID scenarios
  • Competitive Scenario of the On-Demand Home Services Industry
  • Competition in On-Demand Home Services Marketplace
  • Competition among On-Demand Home Services Providers
  • Case Study on Urban Company Business Model
  • Future Trends and Market Size of On-Demand Home Services Industry by Revenue
  • Future Market Segmentation of On-Demand Home Services Industry by type of services, geography, deployment
  • Industry speaks
  • Analyst Recommendations

 Related Reports

Global Residential Cleaning Service Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

Global On-Demand Services Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery

Indonesia On-Demand Services Market Outlook to 2021 – Increasing Internet and Smartphone Penetration and the Advent of Superior Technology to Foster Future Growth

Follow Us

LinkedIn | Instagram | Facebook | Twitter | YouTube

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications




Indonesia Has Opened Their Doors For The Foreign Universities To Set-Up Their Branches In The Country Leading To An Increase In The Number Of...

Buy Now 1. Unlike other Middle Eastern Countries Indonesia has more Public Colleges than Private Colleges with more than ~50% of Public Universities To Know More...

Dossier 360, Provides You Unrestricted Access to All Bundled Research Reports: Ken Research

Ken Research is one of the best market research and consulting firm, based out of India, UAE, and Indonesia. We recommend business intelligence and...

eNPS Allow Employers to Measure and Get a Snapshot of Employee Engagement Within Company: Ken Research

With the speedy advancement of business all across, businessmen seek different ways to develop their employees and results. And with that, employee engagement is...

Most Popular

Thailand Medical Device Market is all set to grow with double-digit CAGR from 2021 to 2026F, with import contributing the highest revenue share –...

Buy Now 1. Thailand’s medical devices market is one of the most well-known and well-established sectors in ASEAN countries which grew at a CAGR of...

The Malaysia Medical Education Market is being driven by Increasing Number of Private Medical Colleges and Government Pro-Industry Orientation – Ken Research

Buy Now 1. Private universities dominate the Malaysia Medical Education Market. Private universities account for the majority of the universities present in Malaysia. Growing economy...

The Government aims for wide adoption of 3D printing technology in the UAE by 2030: Ken Research

Buy Now 1. Due to the rise of the COVID-19 pandemic in the UAE this technology was used for the purpose of manufacturing commercially. 3D printing...

Carbon Fiber Market Industry Reach A Market Size Of ~US$ 7 Billion By 2028 – Ken Research

Buy Now Global Carbon Fiber Market By Geography The Global Carbon Fiber market is segmented by geography into North America, Europe, Asia- pacific and LAMEA. Europe held...