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The United Kingdom facility management market size attained a value of approximately USD 2.97 billion in 2023. The market is further projected to grow at a CAGR of 2.1% in the forecast period of 2024-2032, reaching a value of around USD 3.58 billion by 2032.
Facility management is a discipline which involves the management and maintenance of the different physical assets and other components of a particularly building, infrastructure, or facility. The aim of facility management is to maintain a comfortable environment for workers and visitors, enabling smooth operations within the facility. Depending upon the facility and its needs, facility management can include overseeing space usage, vendors, energy, housekeeping, maintenance and repairs, and grounds maintenance.
Based on type into inhouse and outsourced. On the basis of offering, the market is bifurcated into hard FM and soft FM. The United Kingdom facility management market segmentations, based on sector, included public and private. By end use, the market is divided into industrial, commercial, institutional, and public/infrastructure, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United Kingdom facility management market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
As per the United Kingdom facility management market analysis, outsourced facility management services are likely to experience a significant demand in the forecast period. Outsourcing empowers organisations to enhance the productivity of their employees, improve performance efficiency, reduce overall costs, and provide new with appropriate skills.
Business and building owners increasingly prefer outsourcing facility management services to maintain insurance coverage, reduce risks of property damage or personal injury associated with facility maintenance and upkeep, and enhance their agility.
The commercial sector accounts for a significant portion of the United Kingdom facility management market share as companies are increasingly attempting to enhance their sustainability profile and the comfort and safety of employees. Facility management is also adopted by commercial organisations to streamline the procurement of energy and security services, effectively manage and select on-site staff, and ensure compliance with health and safety standards.
CBRE, Inc., founded in 1906 and headquartered in California in the United States, is a leading developer of commercial properties. The company offers a variety of services catering to needs such as invest, finance and value, plan, lease and occupy, and manage properties and portfolios.
Compass Group PLC is a contract foodservice company based in Chertsey, England, and established in 1941. With a sectorised approach, the company provides nutritious foods to client locations such as corporate offices, hospitals, schools, and industrial sites, with customised services based on the location size.
Jones Lang LaSalle IP, Inc., a global real estate services company for commercial and residential real estate, was founded in 1999 with the merger of JLW and LaSalle Partners. Based in Illinois, in the United States, the company offers investment and real estate management services.
Other market players include ISS A/S, VINCI Construction Holding Limited, Cushman & Wakefield, Inc., Sodexo Group, Mace Group I.C.S Limited, Flexim International SA, and Sitemark Ltd, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Offering |
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Breakup by Sector |
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Breakup by End Use |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 2.97 billion.
The market is projected to grow at a CAGR of 2.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 3.58 billion by 2032.
The major drivers of the market include growing real estate development, increasing demand for optimised management of facilities, and government regulations regarding facilities.
The key market trends include increasing focus on sustainability and energy-efficiency, rising demand for smart building solutions, growing focus on health and wellness, and popularity of remote facility management.
The major types of facility management in the market are inhouse and outsourced.
The significant end uses of facility management are industrial, commercial, institutional, and public/infrastructure, among others.
The major players in the market are CBRE, Inc., Compass Group PLC, Jones Lang LaSalle IP, Inc., ISS A/S, VINCI Construction Holding Limited, Cushman & Wakefield, Inc., Sodexo Group, Mace Group I.C.S Limited, Flexim International SA, and Sitemark Ltd, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
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+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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