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Concierge Services Market - Forecasts from 2025 to 2030

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    Report

  • 146 Pages
  • December 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5602504
The Concierge Service Market is expected to grow at a CAGR of 6.13%, reaching a market size of US$1.06 billion in 2030 from US$791.082millionin 2025.

A concierge is a person or an organization that offers various services to a person or corporation to assist them with tasks like managing traveling, dining, event management, shopping, etc. Concierge services are thus many varied services offered by a person or an organization like a company that helps clients with their needs in almost all aspects. The services generally provided are travel management, lifestyle management, corporate event planning and execution, pet care, shopping aid, senior member care, dining arrangements, and other services charging fees in return.

With the growing disposable income, people are changing their lifestyles, leading to a growth of demand for services like traveling assistance, household assistance, event management, and many more. Particularly, the high-net-worth section of the population needs assistance with these tasks to save time and energy, becoming the major contributor to the concierge market's expansion. At the same time, technological innovation and disruption in evolving personalized experiences, such as artificial intelligence for 24*7 customer feedback, are also driving this market's growth.

Concierge Services Market Drivers

The growing urban high-class population is pushing the market growth of concierge services

Due to higher economic growth, the disposable income of the people is increasing, leading to increased demand for luxuries like tourism, traveling, hotels, etc. As the lifestyle due to increased disposable income is growing, people are demanding these support services to save their time to increase their efficiency in earning money. Thus, this growth of urban high-class people with more disposable income is leading to the concierge services market's growth.

For example, Billionaire Concierge is a company offering concierge services targeting urban high-profile individuals to significant wealth holders in cities like New York, Chicago, Mumbai, Moscow, Seoul, Hong Kong, London, Bangkok, Sydney, Cape Town, and many more. Thus, the company has a growing high-class of individuals as its customer base.

Concierge Services Market geographical outlook

Asia-Pacific would be the fastest-growing market for concierge services

Region-wise, the global market is segmented into Asia-Pacific, North America, South America, Europe, Middle East and Africa. Asia-Pacific will be the fastest-growing market for concierge services in the forecast period.

Currently, North America is the largest shareholder in the concierge service market, and it will be the largest till the end of the forecast period. Still, Asia-Pacific will be the fastest-growing market in concierge services in the forecast period. This high growth is due to the growing urban high class in economies of Asia-Pacific like India, China, Japan, Australia, Vietnam, Thailand, Korea, Philippines. The growing urban high class and the growing economies would lead to increased demand for assistance in traveling, event management for corporations, lifestyle management, shopping aids, medical, etc., and concierge services.

As per reports by Forbes in April 2024, China has 406 billionaires in 2024, which has increased from 324 in 2020. India's number of billionaires has also increased from 102 in 2020 to 200 in 2024. Furthermore, the number of millionaires is also increasing in the Asia-Pacific countries. Thus, the growing rich urban would be driving the regional concierge services market.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Concierge Services market is segmented and analyzed as follows:

By Type

  • Travel & Hotel Concierge Service
  • Event Management Concierge Service
  • Lifestyle Management Concierge Service
  • Medical Concierge Service
  • Others

By End-User

  • Corporates
  • Personal

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia-Pacific

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Supplier
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. CONCIERGE SERVICES MARKET BY TYPE
5.1. Introduction
5.2. Travel & Hotel Concierge Service
5.3. Event Management Concierge Service
5.4. Lifestyle Management Concierge Service
5.5. Medical Concierge Service
5.6. Others
6. CONCIERGE SERVICES MARKET BY END-USER
6.1. Introduction
6.2. Corporates
6.3. Personal
7. CONCIERGE SERVICES MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. Israel
7.5.3. Others
7.6. Asia Pacific
7.6.1. Japan
7.6.2. China
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
7.6.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Market Share Analysis
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Competitive Dashboard
9. COMPANY PROFILES
9.1. American Express Concierge
9.2. Quintessentially
9.3. Innerplace Concierge
9.4. John Paul Group
9.5. Lov angels
9.6. One Concierge
9.7. Knightsbridge Circle
9.8. Pure Entertainment Group
9.9. The Fixer Lifestyle Group
9.10. Velocity Black
9.11. Bon Vivant
9.12. QuintEvents
9.13. Prototravel International LLC
9.14. My concierge
9.15. Luxury Attache

Companies Mentioned

  • American Express Concierge
  • Quintessentially
  • Innerplace Concierge
  • John Paul Group
  • Lov angels
  • One Concierge
  • Knightsbridge Circle
  • Pure Entertainment Group
  • The Fixer Lifestyle Group
  • Velocity Black
  • Bon Vivant
  • QuintEvents
  • Prototravel International LLC
  • My concierge
  • Luxury Attache

Methodology

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Table Information