Business Concierge services industry in the U.S. Market Research Report is available from IBISWorld
Friday, April 20th, 2012Los Angeles, California (PRWEB) April 20 2012
Over the past decade, business concierge services industry faces growing. Business Concierge Companies Appointment handle everything from management to run errands, Making Travel Reservations and Eve arranging pet sitting. Once exclusively the domain of celebrities and wealthy professionals, Business Concierge Service targeted companies have more private households and corporate employees to meet diversity of their household management tasks. However, says IBISWorld industry analyst Caitlin Moldvay, with reduced disposable income are lower corporate profits during the recession, demand for business services Concierge refused any similar businesses and consumers cut back on discretionary spending. As a result, over the past five years to 2012, industry revenue Recorded only Muted average annual growth of 0.3% to about $ 220.3 million by 2012. During 2012, industry revenues are predicted to experience the uptick, with revenues increasing due to improving economic conditions. Although most of the industry is composed of small firms with few employees and some companies, VIPdesk, Ask Sunday, Circles and Red Butler managed to capture the individual larges stock market.
During the five years
to 2017, industry revenues are predicted to increase. Business concierge services industry will benefit from the per capita disposable income is improving, especially among households earning more than $ 100,000, which is one of the industry target markets. Furthermor, says Moldvay, business concierge services targeting the elderly are likely to become another key area of ​​growth for the industry. These usually include Senior Care Services administrative assistance and bespoke courier services, mail delivery and other household management service offerings. Demand for these services is the border crossing to grow due to the gradual aging of the U.S. population. By 2020, nearly 14 million people in the U.S. will be over the age of 85, which will generate significant demand for senior care services. For more information, visit IBISWorlds Business Concierge services industry in America report page.
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IBISWorld Industry Report Key Topics
Business concierges provides on-demand services for business executives, customers, employees and individuals. Companies offer a wide range of services, including work errands, implementing grocery and personal shopping trips and restaurant Making Reservations, and home management. Services May, the EU provided in-person or remotely via telecommunications. Companies that act as brokers to match customer requirements with available freelance concierges are excluded from this industry.
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