Growth at over 6% CAGR, contract cleaning services

BEIJING, June 28, 2022 (GLOBE NEWSWIRE) — The Global Contract Cleaning Services Market Size was valued at USD 326 billion in 2021 and is projected to reach USD 563 billion by 2030, growing at a CAGR of 6.3% from 2022 to 2030.

Revenues from the contract cleaning services market are boosted by the growing awareness of hygiene in domestic and commercial spaces. Personal hygiene has a measurable positive impact on human health. This knowledge is spreading around the world, as evidenced by the sales of cleaning services. The market for contract cleaning services is growing rapidly in Asian Pacific, Middle East and African countries. Rapid urbanization and industrialization, combined with greater awareness of the need for hygiene, are driving this trend. Growing disposable income, increasing industrialization, increasing urbanization, and a gradual increase in investment are driving the expansion of new residential construction activity. This in turn helps the contract cleaning services industry to spread rapidly.

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Report cover:

Market Contract cleaning services market
Market size 2021 $326 billion
Market Forecast 2030 $563 billion
CAGR from 2022 to 2030 6.3%
Analysis period 2018 – 2030
Year of reference 2021
Forecast data 2022 – 2030
Segments Covered By type of service, by end use and by geography
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Profiled Key Companies ABM Industries Incorporated, Cleaning Services Group, Inc., Jani-King International Inc., Stanley Steemer International Inc., ISS Facility Services, Inc., Pritchard Industries Inc., Mitie Group plc., The ServiceMaster Company, LLC, Sodexo Group, and Vanguard Cleaning Systems Inc.
Report cover Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulatory Analysis
Scope of customization 10 a.m. free customization and expert advice

Impact of Covid-19 on the global contract cleaning services industry

With the emergence of the COVID-19 outbreak, the government was forced to impose a strict lockdown, resulting in the complete shutdown of business operations. Due to the shutdown of operations, the need for contracted cleaning services decreased as there was no need for cleaning work. Commercial and industrial end users have increased their demand for contract cleaning services. Likewise, the reopening of the hospitality industry and other end users is expected to support the growth of the contract cleaning services market over the forecast period.

Growth factors of the global contract cleaning services market

Rising concerns over employee well-being, along with increased adoption of sophisticated cleaning technologies and materials, are expected to drive the global contract cleaning services market. Additionally, the growing popularity of green cleaning products and materials is contributing to the rapid expansion of the market. In addition, COVID-19 pandemic is one of the prominent contract cleaning services market trends fueling the industry demand.

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Growing environmental concerns, including the adverse effects on human health from the use of products containing hazardous chemicals such as carcinogens and allergens, have paved the way for the application of sustainable cleaning methods. The use of environmentally friendly cleaning products is a remarkable factor that is expected to grow in the coming years. Growing awareness among commercial and industrial customers of the benefits of green and environmentally friendly products has prompted suppliers to provide green and sustainable cleaning chemicals.

The low penetration rate in the developing economy will be a major challenge for the contract cleaning services market throughout the forecast period. Factors such as the lack of trained professionals, the high prices of these services and their limited availability are also hampering the adoption of contract cleaning services in developing countries in Latin America, the Middle East and Africa and other countries. ‘Asia Pacific. Additionally, the emergence of automated cleaning robots that use artificial intelligence (AI) capabilities to perform these tasks is expected to pose certain challenges to the market growth.

Segmentation of the global contract cleaning services market

The contract cleaning services market is divided into three categories: type of service, end use and geography. Based on service type, the market is bifurcated into Floor & Carpet Cleaning, Window Cleaning, Construction Cleaning, Upholstery Cleaning, and others. Based on our analysis, the floor and carpet cleaning segment generated the maximum revenue of the contract cleaning services market in 2021, while the upholstery cleaning segment is expected to register the rate fastest growing in the coming years.

By end use, the market is divided into residential, commercial (healthcare and medical facilities, corporate offices, educational institutions, retail outlets, hotels and restaurants, financial institutions and others) and industrial. Among these, the commercial segment held the major contract cleaning services market share in 2021. Meanwhile, the industrial segment will witness the major CAGR from 2022 to 2030.

Regional position of the contract cleaning services market

North America, Latin America, Europe, Asia-Pacific, the Middle East and Africa make up the regional group. Due to increasing construction activities, changing consumer lifestyles and proliferation of advanced cleaning services provided by vendors, the North American region dominated the market with the largest share in 2021. However, the Asia-Pacific region is expected to grow at a steady pace. rapid pace over the projected period. The Asia-Pacific region has been hardest hit by COVID-19 due to its large population and greater awareness of hygiene and cleanliness, which has led to an increase in demand for health services. cleaning.

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Contract Cleaning Services Market Players

Major contract cleaning service companies profiled in the report include ABM Industries Incorporated, Cleaning Services Group, Inc., Jani-King International Inc., Stanley Steemer International Inc., ISS Facility Services, Inc., Pritchard Industries Inc., Mitie Group plc. ., The ServiceMaster Company, LLC, Sodexo Group and Vanguard Cleaning Systems Inc.

ABM Industries Incorporated announced that it acquired GCA Services Group in 2017, which specializes in janitorial services and provides facilities management in the commercial, residential and educational sectors.

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