UAE Handyman Market

UAE Handyman Market Overview:

The UAE handyman market size is projected to exhibit a growth rate (CAGR) of 12.20% during ​2024-2032​. Rapid urbanization, infrastructure development, growing expatriate population, favorable business conditions and entrepreneurship initiatives, the establishment of small handyman businesses, high-rise buildings and luxury properties, and the expanding tourism sector are some of the factors accelerating the market growth.

UAE Handyman Market Trends:

Urbanization and Infrastructure Development

One of the primary reasons for the booming handyman market is the rapid urbanization in the UAE, particularly in cities like Dubai and Abu Dhabi. As per the industry reports, UAE urban population for 2022 was 8,265,048, a 1.09% increase from 2021. Each new project, such as a high-rise condo, a shopping complex, or an infrastructure project, that is constructed they are all a source of continuous demand for skilled handymen to maintain these structures. In addition, due to the aging infrastructure, it is subject to regular maintenance and upgrades in order to accommodate the increased demand of a growing population. The UAE also continues to reinvent itself as a global center for business and tourism, making it evermore essential for urban environments in the region to be well-kept and operate efficiently, which in turn is propelling the demand for timely and reliable handyman services.

Expatriate Population Growth

The UAE is home to a myriad of expatriates who are drawn in by its economic strength and endless job and business opportunities. This demand for handyman service is further augmented by the steady influx of expatriates, and residential and commercial properties need to be maintained and repaired to accommodate different cultural background. Common with expatriates, many choose to live in rental accommodation and landlords depend on handyman services to maintain the properties and seek repairs done in a timely manner. Moreover, the surge in demand for office, shop, and restaurant set-ups by expatriate entrepreneurs to set up businesses in the UAE is inter alia aiding the growth of the market.

Favorable Business Environment and Entrepreneurship Initiatives

The UAE's business-friendly environment and government initiatives aimed at fostering entrepreneurship play a pivotal role in the growth of the handyman market. The ease of setting up businesses, coupled with various incentives and support programs for entrepreneurs, encourages individuals to venture into the handyman services sector. This results in a proliferation of small handyman businesses offering specialized services to meet the diverse needs of residential and commercial clients. The competitive landscape created by these small businesses fosters innovation and quality service delivery, ultimately benefiting consumers. Additionally, government initiatives aimed at improving the ease of doing business and facilitating trade further contribute to the growth and sustainability of the handyman market in the UAE.

UAE Handyman Market News:

• In 2024, TaskRabbit launched its "TaskRabbit Plus" subscription, offering users unlimited access to a variety of home maintenance and repair services for a fixed monthly fee. This innovative offering aims to provide customers with greater flexibility and cost savings while simultaneously ensuring steady income for TaskRabbit's network of service providers. The introduction of TaskRabbit Plus underscores the company's commitment to fostering long-term relationships with both consumers and freelancers in the UAE.
• In 2024, Taskrabbit and Robinhood announced the introduction of the Robinhood Retirement for Independent Workers, an initiative that will give modern-day independent workers a traditional way to invest in their futures. The program was created by Robinhood uniquely for gig economy companies and their independent workers. Taskers who participate will receive access to a boosted match on IRA contributions and a dedicated phone hotline for all their financial questions through Greenpath Financial Wellness, helping them to maximize their savings and thoughtfully plan for their future.
   

UAE Handyman Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2024-2032​. Our report has categorized the market based on deployment, repairs and maintenance, and home improvement type.

Deployment Insights:

• Online
• Offline
   

The report has provided a detailed breakup and analysis of the market based on the deployment. This includes online and offline.

Repairs and Maintenance Insights:

• Electricity
• Plumbing
• Non-HVAC Home Appliances
• Gas
• Heating
• Ventilation and Air Conditioning
   

A detailed breakup and analysis of the market based on the repairs and maintenance have also been provided in the report. This includes electricity, plumbing, non-HVAC home appliances, gas, heating, and ventilation and air conditioning.

Home Improvement Type Insights:

• Construction
• Interior Design
   

The report has provided a detailed breakup and analysis of the market based on the home improvement type. This includes construction and interior design.

Region Insights: 

• Dubai
• Abu Dhabi
• Sharjah
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Dubai, Abu Dhabi, Sharjah, Others.  

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

UAE Handyman Market Report Coverage:

Key Questions Answered in This Report:

• How has the UAE handyman market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the UAE handyman market?
• What is the breakup of the UAE handyman market on the basis of deployment?
• What is the breakup of the UAE handyman market on the basis of repairs and maintenance?
• What is the breakup of the UAE handyman market on the basis of home improvement type?
• What are the various stages in the value chain of the UAE handyman market? 
• What are the key driving factors and challenges in the UAE handyman?
• What is the structure of the UAE handyman market and who are the key players?
• What is the degree of competition in the UAE handyman market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UAE handyman market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the UAE handyman market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UAE handyman service industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.