Franchise Categories
New construction is forecast to reach over 1.53 trillion by 2022. The global home decor market size was valued at 663.1 billion in 2018. Preferences for decor, particularly wood flooring and furniture and inclination towards eco-friendly products has increased the demand for creative home décor products.
Building, Decor & Remodel
Pet Care
It is estimated the U.S. pet industry reached $99 billion in 2020.
68% of all American households or 85 million families own at least one pet. Pet supplies is a mature and recession resistant industry, consistently growing at 6.5% per year.
Child Education & Development
There are currently 1.4 million open computing jobs, but only 400,000 computer-science graduates with the skills to fill them. Supplemental education is a need-based recession-resilient service as parents diligently support their children's future.
Senior Care
The global home healthcare market size was valued at 281.8 billion in 2019 and is expected to grow at a compound annual growth rate of 7.9% from 2020 to 2027. The number of older persons is projected to double to 1.5 billion by 2050.
Medical
Medical one of the fastest-growing industries in the world. The industrialization of healthcare has created many private sector health and medical solutions to the market. There's almost an 80% rise in consumption of digital healthcare services after Covid-19.
Maid & Janitorial
The global contract cleaning services market was estimated at 292.6 billion in 2019 and is expected to reach 308.7 billion in 2020. Commercial services is projected as one of the most lucrative segments with a compound annual growth rate of 6.2% (2016-2022).
Other Franchises...
The largest segment of the franchising industry is quick service restaurants with 250 billion dollars of the industry’s total economic output, followed by business services with around 100 billion dollars. Top five franchises are service restaurants, real estate, and commercial and residential services.