The ‘Global Cleaning Services Market Report, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global Cleaning Services market, assessing the market on the basis of its segments like end uses and major regions.

The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 6.3%

The global cleaning services market is expected to register growth during the forecast period on account of the surging awareness of hygiene. There are increasing investments by business organisations and corporates for the maintenance of the workplace to provide a clean and healthy environment for their employees. The market demand for cleaning services is likely to increase as people spend more time at their workplaces and companies prioritise keeping surroundings clean and hygienic.

The increasing disposable income along with the rapid urban population is likely to aid the cleaning services market growth across the globe as consumers are likelier to hire professional cleaners for their households. Due to the rise in the prevalence of infectious diseases, businesses and individuals have become more concerned regarding cleanliness to protect the health of their family members as well as employees. This is further expected to propel the market growth of cleaning services among commercial as well as residential sector.

Cleaning Services Industry Definition and Major Segments

Cleaning services refer to on-hire services that clean indoor or outdoor areas of commercial, government, educational, residential, or other premises. The cleaning services focus on removing dirt and contaminants, with specialised disinfection and other services available on demand. Cleaning services can include, sweeping, mopping, vacuuming, dusting, wiping down surfaces, scrubbing toilets and sinks, emptying trash cans, washing dishes, and cleaning hard-to-reach spots such as under beds.

By end use, the market is segmented into:

• Offices
• Educational Facilities
• Retail Complexes
• Residences
• Government
• Healthcare Facilities
• Industrial Plants
• Others

Based on region, the market is divided into:

• North America
• Latin America
• Asia Pacific
• Europe
• Middle East and Africa

Cleaning Services Market Trends

The rising incomes along with the surging consciousness regarding hygiene and health among consumers are likely to increase the demand for contract cleaning services for daily purposes. Such services offer a universal approach to businesses and are likely to drive the market growth of cleaning services over the coming years. Industrial businesses are increasingly investing in specialised cleaning services to keep areas clean for uninterrupted operations.

The Asia Pacific region is anticipated to drive the cleaning services market growth on account of the rise in demand for cleaning services from emerging economies like India and China. With the rise in the construction of non-commercial and commercial buildings and the growing economy, the popularity of these services is expected to enhance across the region.

There is a surge in under-construction units that require frequent clean-up for appropriate management, further supporting the market growth in the Asia Pacific. The growing population along with increasing investment by the governments for infrastructure development are further expected to expand new commercial spaces and enhance the adoption of cleaning services.

Meanwhile, the North American region is anticipated to gain momentum over the coming years in the cleaning services market growth on account of the growing number of working women coupled with changing lifestyles of consumers, especially in the United States. With the strong presence of many service providers in the region, the market growth is likely to enhance. Commercial enterprises typically have contractual service contracts with cleaning service providers to provide a sanitised and clean working environment for their personnel.

Key Market Players

The major players in the global cleaning services market report are:

• C&W Facility Services, Inc.,
• Sodexo SA
• Jones Lang LaSalle IP, Inc.
• Compass Group PLC
• GSN Services
• Aden Group
• The ServiceMaster Company, LLC
• ABM Industries Incorporated
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players. The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

The post Cleaning Services Market Size to Grow at a CAGR in the Forecast Period appeared first on TechPairs.