Worldwide Contract Cleaning Services Industry to 2026 - Increasing Hygienic Consciousness is Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Contract Cleaning Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The Contract Cleaning services market is expected to record a CAGR of 5.38% over the forecast period (2021-2026).

Companies Mentioned

• ABM Industries Incorporated
• Anago Cleaning Systems Inc.
• Duraclean International Inc.
• Jani-King International Inc.
• Pritchard Industries Inc.
• ISS A/S
• Sodexo Group
• Vanguard Cleaning Systems Inc.
• Stanley Steemer International Inc.
• The ServiceMaster Company LLC

Key Market Trends

Commercial Cleaning is Expected to Hold a Significant Share

• Commercial sector such as office buildings, require consistent cleaning to maintain quality and upkeep. The demand for cleaning services in this sector is increasing as this sector demands a clean and safe environment for employees. For instance, office desks contain more than 400 times the amount of germs as a bathroom toilet, germs that contribute to US workers taking an average of seven sick days per year. This can be decreased by implementing an office cleaning service program that averts germs from spreading.
• As offices, stores, and other commercial enterprises are increasing, the cost of in-house cleaning services places a rising burden on operating overheads. For instance, according to the US Census Bureau, the value of US commercial construction in 2018 was USD 89.52 billion. Thus, outsourcing essential cleaning functions offers an effective way to enjoy a cleaner workspace and free up resources for core business operations.
• With the growing demand, companies in the market are offering customized cleaning packages. For instance, in 2019, Wiregrass Cleaning Services launched its small business and commercial cleaning services. The company's customized cleaning packages deliver cleaning services as per the need of clients and maximize value for money according to on-site evaluations.

North America is Expected to Hold a Major Share

• North America is expected to hold a prominent share in the contract cleaning services market owing to factors such as rise in construction activities, changing consumer lifestyle and a growing number of working women, and the proliferation of advanced cleaning services offered by vendors.
• According to the US Census Bureau, the value of new construction put in place in the US in 2018 was USD 1,293.2 billion. With the growing construction activities, companies in the region are offering an extensive range of cleaning services to suit the need of the end-users, regardless of the size or location of the project.
• For instance, Wegmans, a grocery store chain in the US, adopted cleaning services from Cleaning Services Group Inc. for all its store locations in the country. The cleaning services helps the company in keeping its construction sites clean as they erect 4-5 new stores per year. This also helps the company to maintain an environment free from dust and oil spills from construction equipment, thus, improving the safety of the worksite.
• Moreover, green cleaning products are gaining popularity in the region. Thus, to leverage the demand for such products, companies such as Zen Home Cleaning, in 2019, launched an eco-friendly residential power cleaning service. The company uses non-toxic cleaning products to clean home, with a focus on deep cleaning.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Increasing Hygienic Consciousness

4.3 Market Challenges

4.3.1 Intense Competition intense competition Among Small and Established Companies

4.4 Industry Attractiveness - Porter's Five Force Analysis

4.5 Technology Snapshot

5 MARKET SEGMENTATION

5.1 By End User

5.1.1 Residential

5.1.2 Commercial

5.1.3 Industrial

5.2 Geography

5.2.1 North America

5.2.2 Europe

5.2.3 Asia Pacific

5.2.4 Latin America

5.2.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 ABM Industries Incorporated

6.1.2 Anago Cleaning Systems Inc.

6.1.3 Duraclean International Inc.

6.1.4 Jani-King International Inc.

6.1.5 Pritchard Industries Inc.

6.1.6 ISS A/S

6.1.7 Sodexo Group

6.1.8 Vanguard Cleaning Systems Inc.

6.1.9 Stanley Steemer International Inc.

6.1.10 The ServiceMaster Company LLC

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/4hdlah