The global contract cleaning services market is projected to grow at astonishing CAGR during the forecast period (2018 to 2022), according to a report available on Radiant Insights, Inc. growing requirement for convenient ways of maintaining hygiene at commercial and residential places is anticipated to propel demand for contract cleaning services. Such services are likely to offer advanced tools and technologies providing better cleaning and sanitation. Steam cleaners, floor cleaners, low-noise vacuum cleaners, and high-quality cleaning agents are expected to be those advanced tools being used in contract cleaning services.
Increasing use of automated cleaning devices is anticipated to fuel growth of market in the forthcoming years. High demand for operationally convenient and eco-friendly products for cleaning such as floor scrubbers and vacuum cleaners can augment market growth. Growing concerns towards green cleaning products owing to environmental benefits is likely to stimulate demand for green and substantial cleaning practices. Green cleaning is expected to eliminate use of harmful chemicals that can effect human health and environment.
To cater to rising demand for advanced contract cleaning services, most companies are focus on quality and customer satisfaction to maintain their market value. For instance, Clean Event Services recently grabbed a three year contract to provide cleaning services at ACC Liverpool conference center situated on the banks of Liverpool’s heritage waterfront. This contract can get two year extension, which is optional and includes daily and event cleaning. According to CEO of CleanEvent Services, company’s experience in event and venue cleaning is expected to allow them to focus on enhancing visitor’s experience. The cleaning team is likely to create an environment that ensures complete customer satisfaction and encourages repeat visits.
In another instance, Stadium Support Services, facilities management and cleaning company, recently got appointed as Farnborough International Airshow’s principle cleaning partner until 2022. According to this contract, company is expected to provide around 80000 hours of cleaning services across 770 acre site for an iconic aviation event that can attract approximately 200000 people every year.
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On-going expansion in both number of businesses and nonresidential floor space is anticipated to propel demand for contract cleaning services. Increasing disposable income attributed to dual income households can also augment market growth in the forthcoming years. High demand for safe and clean commercial facilities for employees and customers is expected to influence growth of market. Growing outsourcing trend coupled with easy availability of affordable cleaning services attributed to high competition level among service providers can stimulate market growth during the forecast period (2018 to 2022).
The contract cleaning services market can be segregated on the basis of service type and region. Based on service type, the market can be bifurcated into commercial and residential cleaning services. Commercial segment can be divided further into vacuuming, window cleaning, floor care, and dusting. Presently, commercial segment is expected to account for higher market share attributed to rising demand from retail, construction, and real estate sectors.
On the contrary, residential segment is anticipated to witness significant growth during the forecast period. Changing consumer lifestyle coupled with increasing disposable is likely to influence growth of market. In addition, growing penetration of such cleaning services among dual income households can also fuel market growth. Carpet & upholstery, maid services, appliance cleaning, and polishing are expected to include residential cleaning services.
Regional segmentation includes Europe, Middle East & Africa, Asia Pacific (APAC), and Americas.
Some of the leading companies offering contract cleaning services are ABM Industries, Anago Cleaning Systems, ISS Facility Services, ServiceMaster Company, and Aramark Corporation.
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