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Market Outlook
The global cleaning services market reached a value of USD 57.9 billion in 2019. The industry is further expected to grow at a CAGR of 6.3% between 2020-2025 to reach a value of approximately USD 83.6 billion by 2025.
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The regional markets for cleaning services such as the Asia Pacific and Latin America are expected to increase in the forecast period, with the Asia Pacific witnessing the fastest growth between 2020 and 2025. The market in the Asia Pacific is expected to increase due to the rising economy and the rising construction of commercial and non-commercial buildings in the region, which further increases the demand for janitorial services. The market in Latin America is being propelled forward by the growing outsourcing rates of facilities management by the MNCs in countries like Brazil.
North America, Europe, and parts of Asia Pacific, such as Australia, are high maturity markets. South America, Africa, and significant parts of Asia are the low maturity regions for the market. Europe was the largest regional market by value in 2018. In Europe, the outsourcing demand is very high due to the lack of availability of cheap unskilled labour. The outsourcing rates on the continent is nearly 60%, which is aiding the growth of the cleaning services market. The green cleaning segment is expected to witness a healthy growth in the coming years due to the introduction of multiple environmental protection regulations in the region. Germany has become the largest market in Europe for cleaning services.
Properties and Applications
Cleaning services refer to the outsourcing of cleaning duties of a residential or commercial space. They find their application in the following sectors:
The report also covers the regional cleaning services markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Market Analysis
The growth of the healthcare industry is driving the growth of the market globally. A rising preference for the outsourcing of cleaning services over the performance of in-house services, even in unstable global economic conditions, is further enhancing the market for cleaning services. Inverse-relation of vacancy rates with the procurement of cleaning services for commercial spaces is providing a further impetus for the cleaning services industry growth. New technologies and interoperability among various cleaning equipment and more players in the market have resulted in a higher growth of cleaning services. It also offers an advantage for cleaning services in the retail industry as the service helps them complete the task in a short time with limited resources.
Due to rising environmental regulations across the globe, the demand for sustainable cleaning solutions have been growing. Thus, green cleaning is a rising trend within the industry. Green cleaning products and procedures are expected to drive future growth as consumers are becoming environmentally conscious. Therefore, businesses should focus on going green and realizing the benefits therein. Thus, reducing their environmental footprint, primarily through their commercial cleaners. The growing market for integrated facilities management is aiding the growth of the cleaning services industry, especially in the emerging market like Latin America and the Asia Pacific. In the Asia Pacific region, the market is expected to be propelled forward by the rising construction rates, with construction players sub-contracting cleaning services.
Increasing inflation rates in developing countries have a direct impact on the rising demand for higher wages, which in turn enhances the market for cleaning services as it reduces the need for in-house cleaning service. Some service providers deploy advanced technology solutions to improve efficiency, such as high-tech cleaning equipment, productivity software, and IoT technology, which are becoming increasingly more affordable for commercial cleaning companies to implement, further supporting the market growth. The commercial cleaning companies are offering diversified specialized services to cater to the increasing customer demands.
Competitive Landscape
October 2019- The ServiceMaster Company, LLC (NYSE: SERV) acquired the commercial pest control companies, Gregory Pest Solutions and McCloud Services.
The report gives a detailed analysis of the following key players in the global cleaning services market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.
1 Preface
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Assumptions
2.5 Market Models
3 Introduction
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Cleaning Services Market Analysis
6.1 Figure: Global Cleaning Services Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Figure: Global Cleaning Services in Retail Industry Historical Market (2015-2019) & Forecast (2020-2025)
6.3 Chart: Global Cleaning Services Market Breakup by End Use
6.3.1 Offices
6.3.2 Educational Facilities
6.3.3 Retail Complexes
6.3.4 Residences
6.3.5 Government
6.3.6 Healthcare Facilities
6.3.7 Industrial Plants
6.3.8 Others
6.4 Figure: Global Cleaning Services Market Breakup by End Use: Historical Market (2015-2019) & Forecast (2020-2025)
6.4.1 Offices
6.4.2 Educational Facilities
6.4.3 Retail Complexes
6.4.4 Residences
6.4.5 Government
6.4.6 Healthcare Facilities
6.4.7 Industrial Plants
6.4.8 Others
6.5 Chart: Global Cleaning Services Market Breakup by Region
6.5.1 North America
6.5.1.1 United States of America
6.5.1.2 Canada
6.5.2 Europe
6.5.2.1 Germany
6.5.2.2 France
6.5.2.3 United Kingdom
6.5.2.4 Italy
6.5.2.5 Others
6.5.3 Asia Pacific
6.5.3.1 China
6.5.3.2 Japan
6.5.3.3 India
6.5.3.4 ASEAN
6.5.3.5 Others
6.5.4 Latin America
6.5.4.1 Brazil
6.5.4.2 Argentina
6.5.4.3 Mexico
6.5.4.4 Others
6.5.5 Middle East and Africa
6.5.5.1 Saudi Arabia
6.5.5.2 United Arab Emirates
6.5.5.3 Nigeria
6.5.5.4 South Africa
6.5.5.5 Others
6.6 Figure: Global Cleaning Services Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.6.1 North America
6.6.1.1 United States of America
6.6.1.2 Canada
6.6.2 Europe
6.6.2.1 Germany
6.6.2.2 France
6.6.2.3 United Kingdom
6.6.2.4 Italy
6.6.2.5 Others
6.6.3 Asia Pacific
6.6.3.1 China
6.6.3.2 Japan
6.6.3.3 India
6.6.3.4 ASEAN
6.6.3.5 Others
6.6.4 Latin America
6.6.4.1 Brazil
6.6.4.2 Argentina
6.6.4.3 Mexico
6.6.4.4 Others
6.6.5 Middle East and Africa
6.6.5.1 Saudi Arabia
6.6.5.2 United Arab Emirates
6.6.5.3 Nigeria
6.6.5.4 South Africa
6.6.5.5 Others
7 SWOT Analysis
7.1 Overview
7.2 Strengths
7.3 Weaknesses
7.4 Opportunities
7.5 Threats
8 Porter’s Five Forces Analysis
8.1 Overview
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
8.6 Substitutes
9 Value Chain Analysis
10 EMR’s Key Indicators for Demand
11 EMR’s Key Indicators for Price
12 Procurement Strategy
12.1 Sourcing Models
12.2 Key Success Factors
12.3 Pricing Models
12.4 Engagement Strategy
12.5 Contract Models
13 Cost Analysis
13.1 Labour Cost
13.2 Administrative Costs
13.3 Management Costs
13.4 Technology Costs
13.5 Materials Costs
14 Competitive Landscape & Supplier Analysis
14.1 CBRE Group, Inc.
14.1.1 Company Overview
14.1.2 Financial Analysis
14.2 Sodexo Group
14.2.1 Company Overview
14.2.2 Financial Analysis
14.3 Jones Lang LaSalle IP, Inc.
14.3.1 Company Overview
14.3.2 Financial Analysis
14.4 Compass Group PLC
14.4.1 Company Overview
14.4.2 Financial Analysis
14.5 Cushman & Wakefield
14.5.1 Company Overview
14.5.2 Financial Analysis
14.6 GSN
14.6.1 Company Overview
14.6.2 Financial Analysis
14.7 ADEN
14.7.1 Company Overview
14.7.2 Financial Analysis
14.8 ABM
14.8.1 Company Overview
14.8.2 Financial Analysis
14.9 The ServiceMaster Company, LLC
14.9.1 Company Overview
14.9.2 Financial Analysis
14.10 Others
15 Events and Developments
The global cleaning services market attained a value of USD 57.9 billion in 2019. It is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 6.3%. The market is projected to reach nearly USD 83.6 billion by 2025.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on end use, the global cleaning services market can be segmented into offices, educational facilities, retail complexes, residences, government, healthcare facilities, and industrial plants, among others. Regionally, the cleaning services market can be divided into North America, the Asia Pacific, Latin America, Europe, and the Middle East and Africa. The key players in the above industry are CBRE Group, Inc., Sodexo Group, Jones Lang LaSalle IP, Inc., Compass Group PLC, Cushman & Wakefield, GSN, ADEN, ABM, and The ServiceMaster Company, LLC, among others.
The major drivers of the industry such as rising disposable incomes, increasing population, rising urbanisation, growing healthcare industry, rising shift towards outsourcing services, new technologies, and growing demand for sustainable cleaning solutions are driving the growth of the market globally. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.
EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:
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