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SANT FRANCISCO, March 22, 2022 / PRNewswire / – A new market study published by Global Industry Analysts Inc. (GIA), the leading market research firm, today published its report entitled “Contract cleaning services: global market trajectory and analysis”. The report presents new perspectives on opportunities and challenges in a post-COVID-19 market that has been significantly transformed.
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Editing: 17; Posted: February 2022
Executive pool: 813
Companies: 79 – Covered players include ABM Industries Inc .; Anago cleaning systems; Aramark Corporation; ATALIAN Global Services, Inc .; Atlas FM Services Ltd; BONUS Building care; ChemDry; Clean for the first time; Cleaning Services Group, Inc .; Net Net USA, Inc .; Compass Group Plc; Duraclean International Inc .; Extra Clean Inc; Harvard Maintenance Inc .; ISS A / S; Jani-King International, Inc .; Jan-Pro Systems International; Mitie Group plc; Sea Cleaning Cooperative; Pritchard Industries Inc .; Red coats, Inc .; Sodexo; Stanley Steemer International, Inc .; Steamatic Inc .; Stratus Building Solutions; The JPM Group of Companies Ltd .; The Terminix International Company Limited; Vanguard Cleaning Systems, Inc. And others.
Coverage: All major geographies and key segments
Segments: Types of service (Cleaning of floors and carpets, Cleaning of windows, Cleaning of upholstery, Cleaning of construction, Other types of service); End use (commercial, industrial, residential)
Geographies: world; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; United Arab Emirates; Rest of Middle East; Africa.
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SUMMARY-
Global market for contract cleaning services to arrive $ 329.4 billion for 2026
The cleaning services industry includes cleaning services for offices, residences, industries, hospitals, institutions, transportation hubs, shopping malls, food outlets, and other areas. These services include the interior cleaning of factories, offices, outlets and other establishments; cleaning of industrial equipment; window cleaning; and disinfection and extermination services among others. The contract cleaning industry is labor intensive, where wages are the main cost component for service providers. The duration of cleaning contracts can vary from one year to several years. The cleaning services that companies perform for their customers vary depending on the nature of the service to be provided and the type of object to be cleaned. In the midst of the COVID-19 crisis, the global market for contract cleaning services was estimated at $ 268.9 billion by 2022, it is expected to reach a revised size of $ 329.4 billion for 2026, growing at a CAGR of 4.8% during the analysis period. Floor and carpet cleaning, one of the segments analyzed in the report, is expected to record 5% CAGR and reach $ 110.9 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, the growth of the glass cleaning segment readjusts to a revised CAGR of 4.8% for the next 7 years.
The US market is estimated at $ 78 billion in 2022, while China is expected to arrive $ 66.5 billion for 2026
The market for contract cleaning services in the US is estimated at $ 78 billion in 2022. Chinathe world ‘s second largest economy, is expected to reach a projected market size of $ 66.5 billion for the year 2026, with a CAGR of 6.2% during the analysis period. Other notable geographic markets include Japan i Canada, each forecast to grow to 3.5% and 4.1%, respectively, during the analysis period. Inside Europe, Germany it is expected to grow at approximately 4.4% CAGR. Raising awareness among customers about the benefits of the sustainability of their facilities and the well-being of their employees is leading to a greater demand for contract cleaning services. Companies around the world are increasing their focus on making work environments healthier for their employees because a healthy workplace has significant potential to improve productivity. Outsourcing these space cleaning services also saves a lot of time for organizations, which they can use to strengthen their core business. The two main advantages of outsourcing cleaning services to dedicated service providers are ease of management and profitability.
One of the major trends in the market is the increase in the adoption of cleaning products that are produced in a sustainable way. Eco-friendly cleaning products are free of conventional harmful chemicals, hormone disruptors, allergens, carcinogens and other environmentally harmful substances. Currently, several vendors offer organic cleaning services with organic products derived from biodegradable, non-toxic and natural materials. More and more natural products such as baking soda, vinegar, lemons and others are being used. These green products are likely to shape the portfolio of service providers over the next few years.
Upholstery cleaning segment to arrive $ 59.9 billion for 2026
The upholstery cleaning services segment is expected to grow faster in the coming years, mainly due to the projected impact of COVID-19. Sofas, sofas, upholstered chairs, etc. they constitute an upholstery and as these articles are very exposed to human contact they need more and more frequent cleaning. Corporate offices, in particular, are increasingly taking advantage of these services to keep their upholstery safe and hygienic for employees. In the global upholstery cleaning segment, USA, Canada, Japan, China i Europe will drive the estimated 5.3% CAGR for this segment. These regional markets represent a combined market size of $ 34.6 billion will reach a projected size of $ 49.7 billion at the end of the analysis period. China will continue to be among the fastest growing in this cluster of regional markets. Led by countries like Australia, Indiai South Koreathe market a Asia-Pacific is expected to arrive $ 4.6 billion in 2026, while Latin America it will be extended to a CAGR of 6.2% during the analysis period.
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