Who are the key players in Moving Services Market?

Wheaton World Wide Moving, Armstrong Relocation and Companies, UniGroup Inc, AGS Worldwide Movers and Arpin Van Lines are the major companies operating in the Moving Services Market. Read More

Which is the fastest growing region in Moving Services Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Moving Services Market?

In 2024, the North America accounts for the largest market share in Moving Services Market. Read More

What years does this Moving Services Market cover, and what was the market size in 2023?

In 2023, the Moving Services Market size was estimated at USD 99.93 billion. The report covers the Moving Services Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Moving Services Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Moving Services (Mover And Packers) Market Size

Market Size of Moving Services (Mover And Packers) Industry

Moving Services (Mover And Packers) Market Summary

Study Period	2020 - 2029
Market Size (2024)	USD 105.45 Billion
Market Size (2029)	USD 136.06 Billion
CAGR (2024 - 2029)	5.23 %
Fastest Growing Market	Asia Pacific
Largest Market	North America
Major Players *Disclaimer: Major Players sorted in no particular order

Moving Services (Mover And Packers) Market Analysis

The Moving Services Market size is estimated at USD 105.45 billion in 2024, and is expected to reach USD 136.06 billion by 2029, growing at a CAGR of 5.23% during the forecast period (2024-2029).

The moving services sector is crucial in assisting both individuals and businesses with their relocation requirements worldwide. It has undergone significant growth and change due to shifting demographics, urbanization, and evolving consumer desires. There is a noticeable shift in relocation preferences, with suburban and rural areas gaining traction due to the enduring appeal of spacious homes and outdoor settings. On the other hand, major cities remain attractive to young professionals pursuing career prospects and diverse cultural experiences.

During the COVID-19 lockdowns, mandatory stay-at-home orders led to an increased demand for spacious living areas. This prompted many individuals and families to seek larger homes with outdoor spaces and dedicated home offices. Consequently, there was a marked trend toward purchasing homes in less crowded areas, causing a surge in real estate demand outside major urban centers. Moreover, the COVID-19 pandemic's economic repercussions led people to adopt more careful strategies regarding relocations, with individuals and families re-evaluating their financial security and considering the uncertainties associated with moving during such times.

Real estate patterns and job-related moves play a pivotal role in shaping the moving services market. This industry continues to be substantial, providing employment to many individuals across different roles. Evaluating the market's resilience and its ability to adjust to economic changes remains a crucial area of focus for analysis and future projections.

Moving Services (Mover And Packers) Industry Segmentation

Moving services encompass any assistance associated with relocating, transporting, arranging, physically moving, or storing household items. The moving services market is segmented by type, application, and geography. By type, the market is segmented into full-service moving and partial-service moving. By application, the market is segmented into commercial, residential, and other applications (military and government). By geography, the market is segmented into Asia-Pacific, North America, Europe, South America, Middle East & Africa, and the Rest of the World. The report offers the market sizing and forecasts for the moving services market in value (USD) for all the above segments.

By Type
		Full-service Moving
		Partial-service Moving

By Application
		Residential
		Commercial
		Other Applications

North America
		United States
		Canada
		Rest of North America

Europe
		United Kingdom
		Germany
		France
		Russia
		Italy
		Spain
		Rest of Europe

Asia-Pacific
		India
		China
		Japan
		Australia
		Rest of Asia-Pacific

South America
		Brazil
		Argentina
		Rest of South America

Middle East and Africa
		United Arab Emirates
		South Africa
		Rest of Middle East and Africa

Need A Different Region Or Segment?

Customize Now

Moving Services (Mover And Packers) Market Size Summary

The moving services market, encompassing movers and packers, plays a vital role in facilitating relocations for individuals and businesses globally. This sector has experienced significant transformation driven by demographic shifts, urbanization, and changing consumer preferences. The trend towards suburban and rural living has gained momentum, appealing to those seeking spacious homes and outdoor environments. Conversely, urban areas continue to attract young professionals drawn by career opportunities and cultural diversity. The COVID-19 pandemic further influenced these dynamics, as lockdowns increased the demand for larger living spaces, prompting a surge in real estate activity outside major cities. Economic uncertainties during the pandemic led to more cautious relocation strategies, with individuals and families prioritizing financial security.

The market is characterized by its resilience and adaptability to economic fluctuations, with real estate trends and job-related moves being pivotal in shaping its landscape. The industry offers diverse services, including residential, commercial, and international moves, as well as specialized packing and unpacking. Technological advancements have significantly enhanced customer experiences, with digital tools like moving quote calculators improving transparency and convenience. The market remains fragmented, with key players leveraging technology to streamline operations. Recent acquisitions, such as Beltmann Relocation Group's purchase of Ward North American and Armstrong Relocation and Companies' acquisition of Humboldt Storage & Moving, highlight strategic efforts to expand market presence and enhance service offerings.

Explore More

Moving Services (Mover And Packers) Market Size - Table of Contents

1. MARKET DYNAMICS AND INSIGHTS
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Demand for Relocation Services Surging due to Shifting Lifestyles and Career Opportunities
3. 1.3 Market Restraints
  1. 1.3.1 Economic Downturns Reduce Demand for Moving Services
4. 1.4 Market Opportunities
  1. 1.4.1 Enhanced Customer Experience and Operational Efficiency Through Technology Integration
5. 1.5 Value Chain Analysis
6. 1.6 Industry Attractiveness: Porter's Five Forces Analysis
  1. 1.6.1 Threat of New Entrants
  2. 1.6.2 Bargaining Power of Buyers
  3. 1.6.3 Bargaining Power of Suppliers
  4. 1.6.4 Threat of Substitutes
  5. 1.6.5 Intensity of Competitive Rivalry
7. 1.7 Insights into Technological Advancements in the Industry
8. 1.8 Impact of COVID-19 on the Market
2. MARKET SEGMENTATION
1. 2.1 By Type
  1. 2.1.1 Full-service Moving
  2. 2.1.2 Partial-service Moving
2. 2.2 By Application
  1. 2.2.1 Residential
  2. 2.2.2 Commercial
  3. 2.2.3 Other Applications
3. 2.3 By Geography
4. 2.4 North America
  1. 2.4.1 United States
  2. 2.4.2 Canada
  3. 2.4.3 Rest of North America
5. 2.5 Europe
  1. 2.5.1 United Kingdom
  2. 2.5.2 Germany
  3. 2.5.3 France
  4. 2.5.4 Russia
  5. 2.5.5 Italy
  6. 2.5.6 Spain
  7. 2.5.7 Rest of Europe
6. 2.6 Asia-Pacific
  1. 2.6.1 India
  2. 2.6.2 China
  3. 2.6.3 Japan
  4. 2.6.4 Australia
  5. 2.6.5 Rest of Asia-Pacific
7. 2.7 South America
  1. 2.7.1 Brazil
  2. 2.7.2 Argentina
  3. 2.7.3 Rest of South America
8. 2.8 Middle East and Africa
  1. 2.8.1 United Arab Emirates
  2. 2.8.2 South Africa
  3. 2.8.3 Rest of Middle East and Africa