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The cleaning services market share is expected to increase by USD 2.35 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.8%.
The market report also offers information on several market players, including ABM Industries Inc., Aden Group, Anago Cleaning Systems Inc., Atlas Facilities Management Ltd., BELFOR Holdings Inc., Cleaning Services Group Inc., Compass Group Plc, Crest Licensing Systems Ltd., Cushman and Wakefield Plc, Eco Group Services, Ecoserv Group, Extra Clean Inc., GSN Property Services Co. Ltd., Harvard Service Group, ISS AS, Jani King International Inc., Jones Lang LaSalle Inc., Nugent Contract Cleaning, Sodexo SA, and The ServiceMaster Co. LLC among others.
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Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the global market.
Key Driver
Rising health concerns at the workplace are one of the key factors driving the global market growth. Growing awareness of workplace hygiene and growing interest in workplace sustainability and employee well-being are driving the growth of the market. Cleaning services, which include cleaning floors, upholstery, carpets, and windows, are primarily performed by commercial and industrial operators to keep the premises clean and healthy. Business organizations, especially large establishments, create contractual agreements with service providers to avail of cleaning services. Service providers are primarily dependent on two factors, including the type of service availed of and the desired frequency of service, such as daily, weekly, monthly, or yearly. Nevertheless, construction cleaning is typically a one-time use and is billed according to the cleaning services availed of. Business organizations invest heavily in proper maintenance of the workplace to ensure a green and healthy working environment for their employees. Modern service providers are moving toward eco-friendly cleaning concepts. This essentially involves cleaning the facility using natural products such as vinegar, baking soda, and lemon. Growing environmental concerns and the negative impact of the use of products containing harmful chemicals such as carcinogens and allergens on human health have paved the way for the introduction of environment-friendly cleaning methods.
Key Trend
The robust residential construction industry's growth will fuel the global market growth. The global residential construction market is expanding quickly and is anticipated to do so steadily over the coming years. The global market for cleaning services is being driven by factors such as rising disposable income, quick industrialization, escalating urbanization, and the gradual increase in investments. Additionally, government assistance in the form of easy, low-interest loans and tax exemption programs also significantly contributes to the increasing demand for new homes. One of the main causes of the increased demand for cleaning services is the rising tendency among homeowners to maintain their homes clean and free of dirt, grime, allergens, and bad odors. Favorable demographics, rising household incomes, and changing consumer preferences are increasing the demand for affordable housing worldwide. The sizeable expansion in the number of new commercial buildings has also given rise to the demand for specialized cleaning services, thereby fueling market growth for cleaning services during the forecast period.
Key Challenge
The lack of skilled labor is the major challenge to the global growth. Due to reduced training requirements for workers and little oversight by supervisors, workers either do not have the necessary skills or are under-skilled due to inadequate internal planning. Workers do not pay enough attention to cleaning, run idle, and lose productivity. Industrial cleaning involves some complex tasks. When these activities are carried out by unskilled workers, substantial losses can occur. For example, due to inappropriate in-house planning, workers do not give the suitable attention needed for cleaning. Industries are being cleaned using hazardous chemicals to clean critical electrical components, plastic parts, machinery, and more. These complex tasks, performed by untrained cleaners, can harm not only company assets but their livelihoods as well. With unskilled labor, the cost incurred to the company is more, and discrepancies in services delivered might lead to the loss of the contract for the service provided, which may hinder the market growth during the forecast period.
This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global diversified consumer services market includes the following core components:
The report has further elucidated other innovative approaches being followed by service providers to ensure a sustainable market presence.
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33% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The rising health concerns at the workplace will facilitate the market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The market share growth in the commercial segment will be significant during the forecast period. The commercial segment is expected to experience the highest growth rate during the forecast period. This is due to the growing demand for cleaning services from commercial office buildings and healthcare institutions. Commercial end-users include hospitality establishments (hotels, resorts, and others), spas and salons, food service establishments (restaurants, cafes, bars, pubs, and others), hospitals and healthcare centers, and institutions (schools, colleges, universities, and laboratories), and offices.
The Market caters to dual-income households and the aging population, offering disinfection services and safety protocols in response to bacterial and viral infections. Cleaning companies, including Merry Maids and The Cleaning Authority, provide commercial cleaning services with eco-friendly products, adhering to cleanliness standards and the Green Clean Certified program. With a focus on air quality and respiratory issues, the market serves various sectors, including the real estate sector, retail stores, and healthcare facilities. Technological advancements enhance services like floor care and carpet & upholstery cleaning, ensuring a professional image and meeting the demands of working parents for convenience and flexibility.
Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.8% |
Market growth 2022-2026 |
USD2.35 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.4 |
Regional analysis |
North America, Europe, APAC, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 33% |
Key consumer countries |
US, Canada, China, Japan, Germany, and Italy |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
ABM Industries Inc., Aden Group, Anago Cleaning Systems Inc., Atlas Facilities Management Ltd., BELFOR Holdings Inc., Cleaning Services Group Inc., Compass Group Plc, Crest Licensing Systems Ltd., Cushman and Wakefield Plc, Eco Group Services, Ecoserv Group, Extra Clean Inc., GSN Property Services Co. Ltd., Harvard Service Group, ISS AS, Jani King International Inc., Jones Lang LaSalle Inc., Nugent Contract Cleaning, Sodexo SA, and The ServiceMaster Co. LLC |
Market dynamics |
Parent market analysis, market growth and trends, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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