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The cleaning services market size is forecast to increase by USD 21.78 billion at a CAGR of 6.4% between 2023 and 2028.
The cleaning services industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The commercial segment is estimated to witness significant growth during the forecast period.
The Metal Additive Manufacturing Market is witnessing significant growth, particularly in the commercial segment. This expansion is driven by the increasing demand for cleaning services from commercial office buildings, medical institutions, and other establishments. Hospitality sector entities, such as hotels and resorts, are major contributors to this segment, prioritizing brand awareness and public hygiene. Food service establishments, including restaurants, cafes, bars, and pubs, also require frequent cleaning to maintain health regulations and customer satisfaction. Hospitals and healthcare centers hold substantial importance due to government-mandated cleanliness standards. With many patients undergoing long-term treatment, the need for regular cleaning is crucial.
The residential segment also contributes significantly, with dual-income households and aging populations prioritizing workplace sustainability and workplace hygiene. The labor shortage has led to the adoption of advanced cleaning technologies, such as autonomous sweepers and disinfection techniques. Additionally, the growing population and rapid urbanization have increased the demand for eco-friendly products and services. The availability of these products caters to the sustainability concerns of both residential and commercial customers. In the commercial segment, cleaning priorities include floor cleaning, carpet cleaning, and air duct cleaning. Factories and industries focus on maintaining safety protocols and ensuring the skilled labor workforce is well-trained to handle cleaning tasks.
Economic downturns may impact consumer expenditure on cleaning services, but the demand for cleanliness remains consistent. The cleaning industry faces high competition, necessitating continuous innovation and improvement. Brands aim to build brand loyalty through effective marketing strategies and customer engagement programs. Governments and healthcare facilities prioritize disinfection techniques to combat infectious agents. In conclusion, the Metal Additive Manufacturing Market is evolving, with the commercial segment leading the growth. The demand for cleaning services is driven by various industries and sectors, including hospitality, healthcare, and food service. The adoption of advanced cleaning technologies, focus on sustainability, and the importance of workplace hygiene are key trends shaping the market.
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The Commercial segment was valued at USD 40.05 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 39% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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In the realm of cleaning services, North America, particularly the US, dominates the market with a substantial revenue share. Numerous cleaning service providers cater to the region's vast business landscape, prioritizing workplace hygiene and employee wellness. The demand for cleaning services in the non-residential segment, which includes industries, factories, and commercial spaces, is more consistent compared to the residential segment. This is due to the higher foot traffic and stricter safety protocols in commercial settings. The construction boom in the region, resulting in an influx of new commercial buildings, has fueled the demand for specialized cleaning services. In addition, the hospitality segment, which includes hotels and restaurants, is a significant consumer of cleaning services, given the importance of public hygiene and brand loyalty.
The aging population and workforce, coupled with the availability of eco-friendly products, have also influenced the cleaning industry's evolution. Moreover, the economic downturn has led to increased competition among service providers, necessitating continuous innovation and training programs to meet the evolving needs of commercial customers. The labor shortage has prompted the adoption of autonomous sweepers and other advanced cleaning technologies. In the residential segment, consumers prioritize floor cleaning, carpet cleaning, and furniture cleaning, among other services, driven by discretionary income and brand loyalty. The cleaning industry's future trends include the growing focus on workplace sustainability and green commercial practices, the increasing importance of disinfection techniques in the wake of health restrictions, and the emergence of Cleannet and other technology-driven solutions for managing cleaning operations more efficiently.
The market's dynamics are further shaped by the availability of products, the skilled workforce, and the priorities of commercial and residential customers.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The cleaning services market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the cleaning services market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, cleaning services market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
ABM Industries Inc. - The company specializes in providing comprehensive cleaning services under the ABM GreenCare brand, utilizing eco-friendly practices to maintain and enhance indoor environments. Our team of skilled professionals employs advanced technologies and sustainable methods to ensure optimal cleanliness and health of facilities. By prioritizing customer satisfaction and adhering to industry standards, we deliver consistent, high-quality results.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market encompasses a broad range of industries and factories, retail stores, hospitality segments, and commercial spaces. This market is driven by various factors, including the importance of workplace sustainability and hygiene in the business world. With the aging population and an increasing number of dual-income households, the demand for cleaning services has been on the rise. One significant segment of the market is water damage restoration. This sub-segment caters to the needs of both residential and commercial customers, ensuring that properties are restored to their pre-damage condition. The availability of eco-friendly products and the increasing focus on sustainability have led to the emergence of green commercial cleaning services.
Another essential aspect of the market is employee wellness. Building workers, particularly those in industries with high labor workforces, are increasingly prioritized by employers. This includes implementing safety protocols, providing training programs, and ensuring workplace hygiene. The economic downturn and subsequent upturn have impacted the market in various ways. During the downturn, businesses and households may have cut back on discretionary spending, including cleaning services. However, as the economy recovers, the demand for these services tends to rebound. The retail sector is another significant contributor to the market. Retail stores require regular cleaning to maintain a clean and inviting environment for customers.
This includes vacuuming, floor cleaning, and window cleaning, among other services. The hospitality segment also plays a crucial role in the market. Hotels, restaurants, and other hospitality businesses prioritize cleanliness and hygiene to ensure guest satisfaction and adherence to health restrictions. This includes disinfection techniques and the use of specialized equipment such as scrubber dryers. The cleaning industry faces high competition, with numerous business entities vying for a share of the market. Brand awareness and loyalty are essential for businesses looking to differentiate themselves from competitors. Governments and public institutions also play a role in the market, particularly in areas such as public hygiene and the maintenance of infrastructure.
The market is evolving, with new technologies and trends emerging. This includes the use of autonomous sweepers, eco-friendly products, and advanced disinfection techniques. The market is also influenced by demographic trends, such as the aging population and the growing population. In conclusion, the market is a diverse and dynamic industry, driven by various factors including workplace sustainability, employee wellness, economic conditions, and demographic trends. The market is characterized by high competition and a focus on innovation and technology to meet the evolving needs of businesses and households.
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Market Scope |
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Report Coverage |
Details |
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Page number |
131 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.4% |
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Market growth 2024-2028 |
USD 21.78 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.6 |
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Key countries |
US, China, Germany, Italy, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this cleaning services market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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