Growing Moving Market Size In The US Expected To Reach USD 2B By 2024


Posted January 18, 2022 by maximoving

The moving industry of the United States is bigger than the moving industry of any other country. The reason behind that is the number of people that shift their houses and offices frequently.
 
The moving industry of the United States is bigger than the moving industry of any other country. The reason behind that is the number of people that shift their houses and offices frequently. Coming to the stats, over 30 million people move every year within the US which generates a revenue of $86 Billion.

The stats seem shocking and this report is all about the factors that are responsible for the growing market size of the moving industry in the US. Where, when, and how people decide to shift their house or workplace contributes a lot to the economy of the country and some of the best moving companies in Brooklyn or anywhere else in the US also take care of the industry trends.

The American Moving Industry At A Glance

An average American shifts his or her house more than 10 times a year. In 2019, it was recorded that about 31 million moved to the United States and this number contributes to 9.8% of the county's population. 3 million Americans are involved in an interstate every year and 60% of the moves took place between May and August. On average, almost every mover charges $25 per hour for a local move, and looking at the numbers, it gives a nice idea to the growing moving industry.

Why do People move?

There are multiple reasons behind a local or interstate move but the most vital reason according to the Americans is that they need a better home to live in. Other than that, getting a new job in a new location that is far from the old house or looking forward to starting a new life with a new member of the family are the other two reasons to shift the house. Other reasons to contact the best moving company in New York or anywhere else in America include a better neighborhood, college transfer, retirement, change of climate, and health issues.

The Impact of COVID-19 Over The Industry

Almost every moving company operating in the US was adversely affected by the pandemic. People were nothing but helpless as they had shut down their businesses. 71% of moving companies in the US stated that they had to face delays in 2021 they received calls from very fewer people than they usually get. Every moving company operates via moving vehicles but the lack of drivers caused panic among the companies.

Many companies had to fire their employees as they were not able to generate revenue which later affected their salaries. Even the best moving companies in NYC and everywhere else received more calls for cancellation than they received for booking.

Maxi Moving is a professional mover that provides all types of moving services at reasonable prices. You can contact them if you need to shift throughout the Tri-State area and beyond. Their team of professionals always takes care of safety and all precautions to give you a comfortable moving experience.

Contact Us:

Address: 244 5th Ave, New York, NY,10001,USA

Phone: 7186449279

Email: [email protected]

Website: https://maximoving.com
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Issued By Maxi Moving
Country United States
Categories Business , Services , Shipping
Tags best moving companies brooklyn , best moving companies new york , best moving companies nyc
Last Updated January 18, 2022