Contract Cleaning Services Market will grow at highest pace owing to increased demand for hygiene services across industries


Posted June 5, 2024 by Naufancmi

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.
 
The contract cleaning services market involves professional cleaning services provided by a third party to organizations across various sectors. Contract cleaning services include general cleaning, floor cleaning, carpet cleaning, window cleaning, laundry, and linen services along with specialized cleaning services such as medical cleaning and power washing services. In 2021, growing awareness regarding the importance of cleanliness and hygiene due to the COVID-19 pandemic significantly boosted the demand for commercial and industrial cleaning services worldwide. The trend is expected to continue over the coming years as businesses recognize hygiene as a competitive differentiator to attract customers and retain employees.

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.

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 demand for outsourced Contract Cleaning Services Market is rising rapidly owing to growing preference of organizations to focus on core business functions rather than non-core services like cleaning. Furthermore, measures to curb the spread of infectious diseases are stimulating demand for professional cleaning and disinfection services across healthcare, hospitality, commercial real estate, manufacturing and other sectors.

Technological innovations are enabling contract cleaning services to deliver value-added offerings with greater productivity and transparency. Smart cleaning solutions including IoT integrated devices, AI-powered supervision, digital work management platforms, and cloud-based reporting are allowing on-demand services, real-time monitoring, and data-driven insights for optimization.

Market Trends
Remote cleaning is gaining traction driven by the work-from-home trend amid the pandemic. Companies are offering services like residential cleaning, kitchen deep cleaning, and disinfection services for homes. Furthermore, growing focus on sustainability is prompting cleaners to use eco-friendly chemicals and adopt green cleaning practices to offer healthier indoor environments.

Market Opportunities
Increasing mergers and acquisitions as large players look to expand service portfolios and geographic footprints present lucrative growth opportunities. Additionally, cross-selling complementary services like housekeeping, pest control, landscaping expands total addressable markets. Companies integrating customized solutions for sectors like healthcare, education, and food & beverage can gain an edge.

Impact of COVID-19 on Contract Cleaning Services Market
The COVID-19 pandemic severely impacted the growth of the contract cleaning services market. During the initial lockdown phases in 2020, the demand for cleaning services declined sharply as commercial spaces like offices, hotels, restaurants, educational institutions, etc. were shut down. This led to cancellation or suspension of existing cleaning contracts. Many cleaning service providers faced financial difficulties and workforce reduction due to decline in business.

However, as places started reopening gradually post lockdowns, there was a renewed focus on hygiene and sanitation. Proper cleaning and disinfection of spaces became essential to curb the spread of the virus. This boosted the demand for professional and reliable cleaning services. Customers preferred trusted service providers with expertise in healthcare grade cleaning methods and dedicated COVID-19 cleaning protocols. The market is witnessing high demand for specialized disinfection services of high traffic areas as well as one time deep cleaning packages.

Going forward, stricter hygiene standards and need for health assurance are expected to drive long term growth of the contract cleaning industry. Service providers are advancing their service portfolios with technologies like electrostatic spraying and UV disinfection. Customers also demand additional safety measures and quality certifications. The market is poised to grow at a steady pace in the coming years backed by increased outsourcing of cleaning functions and evolving cleaning trends in the post pandemic 'new normal'.

Geographical Regions with highest market concentration
In terms of value, the contract cleaning services market in United States holds the highest market share globally. This can be attributed to factors like large commercial building infrastructure, strong outsourcing trends, and high spending on facility management services across various end use industries. Several leading international as well as domestic cleaning service providers have prominent presence in US.

Fastest growing regional market
Asia Pacific region is expected to witness the fastest growth in the contract cleaning services market during the forecast period. Rapid urbanization, expansion of manufacturing sector, growing construction industry and tourism are fueling the demand for professional cleaning especially in emerging economies like China, India. Rising hygiene awareness among Asian consumers and companies actively looking to outsource non-core services will further propel the APAC market.

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Issued By nAUFAN CMI
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Country India
Categories Business
Last Updated June 5, 2024