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.
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.
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.
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.
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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 IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2030
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
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- 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
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. CONCIERGE SERVICES MARKET BY TYPE
6. CONCIERGE SERVICES MARKET BY END-USER
7. CONCIERGE SERVICES MARKET BY GEOGRAPHY
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
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
Report Attribute | Details |
---|---|
No. of Pages | 146 |
Published | December 2024 |
Forecast Period | 2025 - 2030 |
Estimated Market Value ( USD | $ 791.08 Million |
Forecasted Market Value ( USD | $ 1060 Million |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |