Promoting Hygiene and Sustainability: Global Contract Cleaning Services Market Projected for Growth
The Business Research Company’s Contract Cleaning Services Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
LANDON, GREATER LANDON, UK, October 25, 2023 /EINPresswire.com/ — The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.
Market Size and Projections:
The global contract cleaning services market, presently valued at $345.85 billion in 2022, is poised to reach $368.94 billion in 2023, showcasing a commendable compound annual growth rate (CAGR) of 6.7%. Despite challenges stemming from the Russia-Ukraine conflict, the market is anticipated to exhibit significant expansion, reaching $479.51 billion in 2027 at a CAGR of 6.8%.
Driving Factors:
The mounting construction activities are identified as a crucial driver fueling the growth of the contract cleaning services market. With an increase in construction projects worldwide, the demand for professional cleaning services to maintain cleanliness and safety standards is expected to rise.
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Market Segments:
• By Service Type: Window Cleaning, Floor And Carpet Cleaning, Upholstery Cleaning, Construction Cleaning, Other Services
• By Ingredient: Surfactants, Solvents, Chelating Agents, pH Regulators, Solubilizers Or Hydrotropes, Enzymes, Other Ingredients
• By End-User: Residential, Industrial, Healthcare And Medical Facilities, Other End-Users
Key Players:
Major players in the market include Sodexo SA, ISS Facility Services Inc., ABM Industries Inc., and others.
Market Trends:
Green cleaning practices are gaining traction within the contract cleaning services market, with companies increasingly adopting eco-friendly cleaning solutions to meet specific demands and reinforce their market presence. Betco Corporation’s collaboration with EnviroZyme, launching the EnviroZyme probiotic solutions, exemplifies the industry’s commitment to promoting environmentally safe and biodegradable cleaning solutions.
Regional Insights:
While North America currently dominates the contract cleaning services market, the Asia-Pacific region is projected to witness the fastest growth during the forecast period.
Access the complete report detailing market trends, player insights, and regional analysis here:
https://www.thebusinessresearchcompany.com/report/contract-cleaning-services-global-market-report
Contract Cleaning Services Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Contract Cleaning Services Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on contract cleaning services market size, contract cleaning services market drivers and trends, contract cleaning services market major players, competitors’ revenues, contract cleaning services market positioning, and contract cleaning services market growth across geographies. The contract cleaning services market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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