The Global Contract Cleaning Services Market is Anticipated to Witness High Growth Owing to Rapid Urbanization
The global contract cleaning services market provides cleaning, janitorial and facilities management services such as sweeping, mopping, disinfecting, carpet cleaning and trash removal, among others at commercial and residential premises. The increasing demand for outsourcing cleaning and janitorial services from different end-use sectors including educational institutions, healthcare facilities, corporates, retail establishments, hotels and tourism, commercial spaces and others on account of time constraints and core business focus is driving the growth of the market.
The Global Contract Cleaning Services Market is estimated to be valued at US$ 402.1 Bn in 2024 and is expected to exhibit a CAGR of 5.7% over the forecast period 2024 to 2031.
Rapid urbanization and digitalization are fueling economic growth globally and augmenting demand for commercial real estate and infrastructure across various industries, which is anticipated to significantly boost the market growth. Contract cleaning services help organizations in effectively utilizing their resources and focusing on their core business operations.
Key Takeaways
Key players operating in the Contract Cleaning Services are ABM Industries Incorporated, Anago Cleaning Systems, Aramark Corporation, ChemDry, Cleaning Services Group, Inc., CleanNet USA Inc., Compass Group plc, Duraclean International Inc., Harvard Maintenance, ISS Facility Services, Inc., Jani-King International Inc., Jan-Pro Systems International, Mitie Group plc., Pritchard Industries Inc., Sodexo Group, Stanley Steemer International Inc., Steamatic Inc., Terminix International Company Limited, The Clean Space, The ServiceMaster Company, LLC, Vanguard Cleaning Systems Inc.
The Global Contract Cleaning Services Market Demand presents lucrative opportunities for market players in terms of geographic and service line expansion. Growing demand for value-added and specialized cleaning services from commercial sectors are paving the way for innovation and development of new service offerings.
Key players are exploring opportunities in emerging economies through strategic partnerships and acquisitions to capture the rapid growth of contract cleaning services market in Asia Pacific and Middle East regions.
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