As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global home care service industry is being driven by the growing consciousness regarding hygiene and sanitation, fuelled by the rampant spread of the novel coronavirus. In addition, the increased demand for daily home care services is also contributing to the market growth. This increase can be witnessed, especially among the working individuals, who require daily maid services for regular housework such as cooking and cleaning due to their hectic work schedule. Moreover, the need for a safe and sanitised home environment, which is free from any disease-inducing germs and bacteria, is expected to drive the industry growth.
The growing focus of the leading market players to provide home care services by integrating advanced technological solutions to devise improved cleaning strategies, such as COVID-19 disinfection services that aim to reduce the spread of the virus, is expected to positively stimulate the industry growth in the forecast period. For instance, in a press release issued by ABM Industries Inc. (NYSE: ABM), dated September 2020, the company introduced the EnhancedFacility Program. This programme aims to offer healthy indoor spaces by providing COVID-19 disinfection procedures supported by experts. In addition, the programme also aims to improve indoor air quality through proper HVAC, mechanical and control systems in addition to several new and advanced technologies that help with biohazard disinfection. Such developments are expected to drive the market growth of the home care service industry.
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The major players in the global home care service market are ABM Industries Inc., Aramark Corporation, Chem-Dry, Jani-King International, Inc., Pritchard Industries, Inc., and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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