Global Contractual Cleaning Services Market Analysis – 2018-2028
Cleaning and janitorial services that are outsourced by verticals such as commercial sectors including organizations, institutions and industrial are often referred to as contract cleaning services. These may include wide range of services such as window or façade cleaning, floor cleaning, carpet & upholstery cleaning, interior cleaning, among others. The global contractual cleaning services market is anticipated to gain a CAGR of 8.02% during the forecast period, i.e. 2020-2028. Factors such as the rising demand for specialized cleaning services from several commercial institutions, such as offices, hospitals and industrial plants among others and the growing awareness for waste management amongst end users are anticipated to promote towards the growth of the global contractual cleaning services market. Additionally, factors such as the increasing demand for contractual cleaning services amongst the commercial consumers such as public institutions, hospitals and healthcare facilities, along with the residential sector and the industrial sector, where there is a significant rise in the adoption of contractual cleaning services are anticipated to drive the growth of the global contractual cleaning services market over the forecast period.
The global contractual cleaning services market consists of various segments that are segmented by verticals and by region. The vertical segment is further segmented into residential, institutions, organizations and industrial. The SMEs segment, which is a sub-segment of the organizations segment, is anticipated to register the largest market share of around 61% in the year 2018 and is anticipated to grow by a CAGR of around 9% during the forecast period. Additionally, the segment is also anticipated to cross a value of around USD 1,25,000 million by the end of 2028 by growing at 1.92x during the forecast period.
Based on region, the global contractual cleaning services market is segmented into five major regions including North America, Latin America, Europe, Asia Pacific, Middle East and Africa. The market in Europe, which registered a market share of around 31% in the year 2018 is anticipated to grow by a CAGR of around 8% during the forecast period. Additionally, the market in the region is also anticipated to reach a value of around USD 1,40,000 million by the end of 2028.
Some of the affluent industry leaders in the global contractual cleaning services market are Compass Group plc, ISS A/S, Sodexo, Aramark Co., Vanguard Cleaning Systems, Inc., The ServiceMaster Company, LLC, and CBRE Group, Inc.
Cleaning and janitorial services that are outsourced by verticals such as commercial sectors including organizations, institutions and industrial are often referred to as contract cleaning services. These may include wide range of services such as window or façade cleaning, floor cleaning, carpet & upholstery cleaning, interior cleaning, among others. The global contractual cleaning services market is anticipated to gain a CAGR of 8.02% during the forecast period, i.e. 2020-2028. Factors such as the rising demand for specialized cleaning services from several commercial institutions, such as offices, hospitals and industrial plants among others and the growing awareness for waste management amongst end users are anticipated to promote towards the growth of the global contractual cleaning services market. Additionally, factors such as the increasing demand for contractual cleaning services amongst the commercial consumers such as public institutions, hospitals and healthcare facilities, along with the residential sector and the industrial sector, where there is a significant rise in the adoption of contractual cleaning services are anticipated to drive the growth of the global contractual cleaning services market over the forecast period.
The global contractual cleaning services market consists of various segments that are segmented by verticals and by region. The vertical segment is further segmented into residential, institutions, organizations and industrial. The SMEs segment, which is a sub-segment of the organizations segment, is anticipated to register the largest market share of around 61% in the year 2018 and is anticipated to grow by a CAGR of around 9% during the forecast period. Additionally, the segment is also anticipated to cross a value of around USD 1,25,000 million by the end of 2028 by growing at 1.92x during the forecast period.
Based on region, the global contractual cleaning services market is segmented into five major regions including North America, Latin America, Europe, Asia Pacific, Middle East and Africa. The market in Europe, which registered a market share of around 31% in the year 2018 is anticipated to grow by a CAGR of around 8% during the forecast period. Additionally, the market in the region is also anticipated to reach a value of around USD 1,40,000 million by the end of 2028.
Some of the affluent industry leaders in the global contractual cleaning services market are Compass Group plc, ISS A/S, Sodexo, Aramark Co., Vanguard Cleaning Systems, Inc., The ServiceMaster Company, LLC, and CBRE Group, Inc.
Table of Contents
Global Contractual Cleaning Market3. Executive Summary- Global Contractual Cleaning Services Market5. Analysis of Impact of COVID-19 on the Global Contractual Cleaning Services Market
1. Introduction
2. Research Methodology
4. Market Dynamics
6. Global Contractual Cleaning Services Market Outlook, 2018-2028F
7. Competitive Landscape
Companies Mentioned
- Compass Group plc
- ISS A/S
- Sodexo
- Aramark Co.
- Vanguard Cleaning Systems Inc.
- The ServiceMaster Company LLC
- CBRE Group Inc.
