The Business Research Company’s Contract Cleaning Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Contract Cleaning Services Global Market Report 2023 evaluates contract cleaning services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global contract cleaning services market is expected to grow from $345.85 billion in 2022 to $368.94 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The contract cleaning services market is expected to reach $479.51 billion in 2027 at a CAGR of 6.8%.
The increasing construction activities are expected to propel the growth of the contract cleaning services market going forward. Construction refers to the actions involved in installing and assembling project tools and materials on the work site following approved construction plans, guidelines, and specifications. Professional cleaning services can help remove debris, dust, and other hazardous materials that may pose a risk to health and safety. Hiring a contract cleaning service can help save time, effort, and energy that can be better used in other aspects of the project. For instance, according to a report published by the Office for National Statistics, a UK-based producer of official statistics, in 2023, in Quarter 2022 compared to Quarter 2022, quarterly construction production increased by 0.3%. The rise was due to increases in new work (0.4%) and repair and maintenance (0.1%). After a record growth of 12.8% in 2021, the annual production of construction climbed by 5.6% in 2022 compared to 2021. Therefore, the increasing construction activities are driving the growth of the contract cleaning services market.
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The contract cleaning services market segments in the report are:
1) By Service Type: Window Cleaning, Floor And Carpet Cleaning, Upholstery Cleaning, Construction Cleaning, Other Services
2) By Ingredient: Surfactants, Solvents, Chelating Agents, pH Regulators, Solubilizers Or Hydrotropes, Enzymes, Other Ingredients
3) By End-User: Residential, Industrial, Healthcare And Medical Facilities, Other End-Users
The table of contents in TBRC’s contract cleaning services market report includes:
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Top Major Players :
Sodexo SA
ISS Facility Services Inc.
ABM Industries Inc.
Mitie Group PLC
ServiceMaster Co
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