Contract Cleaning Services Market Expected To Witness A Substantial Growth Of $468.2 Billion By 2027: Grand View Research Inc.
The global contract
cleaning services market
size is expected to reach USD 468.2
billion by 2027, registering a CAGR
of 6.1% from 2020 to 2027, according to a new report by Grand View
Research, Inc. The increasing awareness about hygiene and safety at the
workplace has encouraged business organizations worldwide to hire third-party
cleaning service providers. Additionally, to ensure good health of the
employees and consequently uplift their productivity, companies worldwide are
increasingly availing green cleaning services from providers that use non-toxic
and non-hazardous products for cleaning the premise. Thus, the growing
inclination towards green products is further anticipated to boost the demand
for cleaning services over the forecast period.
Technological advancements have led to
the development of smart devices such as automatic floor cleaners that rely on
Artificial Intelligence (AI), Internet of Things (IoT), and robotic
capabilities. These devices, which are mostly preferred by residential
customers, perform basic cleaning tasks. However, the limited application and
capabilities of these smart cleaning devices coupled with their inability to
perform tasks is a major issue. As such, the imminent need to ensure clean
surroundings and limit health issues is expected to boost demand for cleaning
services over the forecast period.
In the wake of the ongoing COVID-19
pandemic, there has been an unprecedented surge in the adoption of contract
cleaning services as businesses look to start on-premise operations after an
ease in lockdown restrictions. The necessity to provide a hygienic working
environment coupled with the need to comply with mandatory guidelines enacted
by the governments of countries worldwide is having a positive impact on market
demand. Due to the stringent mandates enacted, business organizations are
actively working towards cleaning their premises at regular intervals to
provide a safe workplace.
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However, construction cleaning
services are usually availed one time and are charged based on the degree of
cleaning required. Business organizations are investing huge amounts on proper
maintenance of the workplace to ensure a green and healthy working environment
for their employees. Service providers nowadays are shifting towards the
concept of green cleaning which essentially involves the use of natural
products such as vinegar, baking soda, and lemons among others for cleansing
the premise. The growing environmental concerns, as well as the negative
implications of using products that have harmful chemicals such as carcinogen
and allergens on human health, has paved the way for the adoption of green
cleaning methods. The benefits associated with the use of green products for
cleanup are expected to increase their adoption, shaping the service portfolios
of providers in the coming years.
Contract Cleaning
Services Market Report Highlights
- The market is majorly driven by the
growing need to provide a clean and safe workplace and thereby improve
employee productivity
- The floor and carpet cleaning segment
held the largest share in 2020. The primary reason for the high share of
this segment is the fact that this is the most sought-after service by the
commercial and industrial end-users, as cleaning large areas covered by
the floor is a tedious and time-consuming task
- The commercial end-use segment accounted
for the largest revenue share of over 50% in 2020. This is majorly
attributable to the relatively greater adoption of cleaning services among
commercial establishments such as hotels, hospitals, retail outlets, among
several others
- Corporate offices held the largest
revenue share in the market in 2020. Improving employee productivity and
ensuring employee safety are the primary reasons for the high share of
this segment
- The Asia Pacific region is anticipated to
register the fastest growth in the contract cleaning services market over
the forecast period. Increased construction activity coupled with the
growing trend to outsource cleaning services is expected to propel the
regional growth.
With the increase in the number of
fatal diseases, individuals and businesses have become more conscious about the
health of their employees and family members. This has resulted in increased
spending on maintaining the hygienic surrounding where people spend most of
their time during work hours. Besides, the increasing disposable income is
driving the trend of hiring professional cleaners among house owners. On the
contrary, the introduction of automated cleaning robots that leverage
Artificial Intelligence (AI) capabilities to perform these chores is expected
to challenge the market growth to a certain extent.
The ongoing COVID-19 pandemic has
further intensified the concerns for cleanliness and hygiene at the workplace.
The easing of lockdown restrictions and gradual re-opening of the economy has
necessitated hygiene procedures to be in place for providing safety to the
employees as well as customers. Business organizations are increasing the
frequency of premise sanitization to control and prevent potential outbreaks.
Besides, the governments of several countries have issued several
SOPs/guidelines that businesses are mandated to comply with for mitigating the
risk of consecutive waves of the ongoing pandemic. The commercial as well
industrial establishments are mandated to abide by the guidelines laid not just
for ensuring the safety of their employees, but also to deter any legal action.
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The market is highly fragmented with
the presence of a large number of service providers. To gain significant
revenue share and strengthen their position in the market, market incumbents
are undertaking various growth strategies, including strategic acquisitions and
partnerships to expand their reach by leveraging each other’s expertise. For
instance, in July 2017, ABM Industries Incorporated announced the acquisition
of GCA Services Group, which provides facility management services for
commercial and educational sectors and specializes in janitorial services. The
acquisition highlighted the company’s strategy to expand its clientele base and
regional presence. Further, owing to the ongoing COVID-19 pandemic, several
service providers have altered their service delivery plans and packages,
thereby enabling customers to choose the cleaning frequency as per their
requirement and ease. Some prominent players in the contract cleaning services
market include:
- ABM Industries Incorporated
- Jani-King International Inc.
- ISS Facility Services, Inc.
- Sodexo Group
- Mitie Group plc.
- Pritchard Industries Inc.
- Vanguard Cleaning Systems Inc.
- Stanley Steemer International Inc.
- Cleaning Services Group, Inc.
- The ServiceMaster Company, LLC
Grand View Research has segmented the
global contract cleaning service market based on service type, end-use:
Contract Cleaning
Services Type Outlook (Revenue, USD Million, 2016 - 2027)
- Window Cleaning
- Floor & Carpet Cleaning
- Upholstery Cleaning
- Construction Cleaning
- Others
Contract Cleaning
Services End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Residential
- Industrial
- Commercial
- Healthcare & Medical Facilities
- Educational Institutions
- Hotels & Restaurants
- Retail Outlets
- Corporate Offices
- Financial Institutions
- Others
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For
More Information:www.grandviewresearch.com
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