Cleaning Services Market Overview:
Cleaning services market size is expected to grow at a CAGR of 6.2% to reach $74,299 million by 2022.
Cleaning services include a wide range of services required by commercial and residential sectors. It comprises maid services, window cleaning, floor cleaning, carpet & upholstery cleaning, and other cleaning services, which are used by residential and commercial consumers. These services have gained popularity, owing to factors such as growth in construction activities, investment in real estate, increased disposable income, and growth in number of working women, which have led to progressive cleaning services market trends.
Players have adopted partnership and acquisition as their key strategies to increase their market share. For instance, ABM Industries acquired the Westway Services of UK, to strengthen its prominence in the cleaning equipment market. Westway Services is a provider of technical and mechanical equipment used for cleaning services. The acquisition strengthened companys foothold in the market by reducing its dependency on other equipment suppliers. Local companies, such as Red Coats, UGL Unicco Services, Vanguard, and others primarily in developed markets, provide tough competition to the established players. Intense competition among various small and big players has posed major challenge for manufacturers. The key developmental strategies adopted by the companies are discussed in the report.
The report analyses the global cleaning services market trends based on service type and geography. The service type includes commercial and residential cleaning services. The commercial segment is further divided into window cleaning, vacuuming, floor care, and other services, which include kit cleaning and dusting. Maid services, carpet & upholstery, and other services such as polishing and appliances cleaning are the further classifications of the residential segment.
The residential segment is anticipated to grow at a faster rate during the forecast period, owing to increased disposable income of individuals, change in consumer lifestyle, and increased penetration of such services among dual income households. Presently, the commercial cleaning services segment accounts for the higher cleaning services market share, owing to increased demand from real estate sector, retail industry, and construction industries.
Floor care services acquired the highest revenue in the overall commercial cleaning services market size. From a growth perspective, vacuuming segment is anticipated to achieve the fastest growth rate in the commercial cleaning services market, owing to its increasing demand for dust cleaning from various commercial sectors such as stadiums & event venues.
Geographically, the market is classified into North America (U.S. and Rest of North America), Europe (UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, and Rest of Asia-Pacific), and LAMEA (Brazil, Middle East, and Rest of LAMEA). Penetration of cleaning services is higher in North America followed by Asia-Pacific.
GLOBAL CLEANING SERVICES MARKET: TOP IMPACTING FACTORS
Growth in demand among commercial consumers
A consistent demand for various commercial cleaning services is noticed among commercial consumers such as retails sectors, public institutions, hospitals, and event & stadiums. Construction and mining are the other sectors which showed huge demand for debris cleaning. According to the U.S. Census Bureau, a consistent rise in demand for construction activities has been noticed in the global market, due to rise in construction of highways, streets, and bridges which has led to increase in demand for equipment refinement. According to the estimations by Chinese central government, 60% of Chinese population is to reside in cities by 2020, driving the demand for construction activities.
Increase in disposable income and hygiene consciousness
Increase in disposable income is expected to fuel the demand for cleaning services market. Increase in disposable income of Chinas huge population is anticipated to drive the Asia-Pacific cleaning services market in the near future. For instance, according to National Bureau of Statistics of China, an increase in disposable income of China has increased at a good pace and noted as $3,349 USD in 2015. In the previous year, the disposable income was noted as $3,101 USD. According to Ministry of Statistics and Programme Implementation (MOSPI), the disposable income of India has also increased to $1,312 USD per year in 2015 from $1,191 USD in 2014.
The following graph represents increase in disposable income of India from 2014 to 2015
The global cleaning services market holds high competition majorly in developed regions. According to the study, the U.S. janitorial services industry is fragmented with 50 top companies generating about 30% of revenue. Large companies have better foothold in the market by serving customers with multiple locations, whereas small companies compete efficiently in local markets, especially for small businesses and residential customers.
Top Impacting Factors
CLEANING SERVICES MARKET: TOP WINNING STRATEGIES
Key market players have implemented various strategies such as partnership, acquisition, and product launch to gain competitive advantage and a stronger base in the market. For instance, prominent players such as ABM Industries Inc. and The Service Master Company, LLC have made multiple partnerships and acquisitions to increase their market presence.
Top Winning Strategies
The companies profiled in the report are ABM Industries Inc., The Service Master Company, LLC, CleanNet, Anago Cleaning Systems, Aramark Corporation, Sodexo, Jani-King Inc., Stanley Steemer International, Inc., ChemDry, and Pritchard Industries Inc.
Other players included in the value chain are BONUS Building Care, Red Coats, UGL Unicco Services, Vanguard, Jan-Pro International, Mothers House Cleaning, Clean First Time, Compass Group Plc, Duraclean International Inc., Harvard Maintenance Inc., Steamatic Inc., Stratus Building Solutions, and Temko Service Industries Inc.
- This report provides insights on current and future cleaning services industry trends and revenue forecast for 2016-2022.
- Market intelligence for key developmental strategies adopted by established brands are explained with impact analysis.
- This report provides a practical evaluation of key market drivers and restraints for global cleaning services market by type.
- This report emphasizes on key factors that affect the cleaning services market growth and reveals the influencing factors to capitalize on.
CLEANING SERVICES MARKET KEY SEGMENTATION
- Commercial cleaning services
- Window Cleaning
- Floor Care
- Other Services (Including Kit Cleaning and Dusting)
- Residential cleaning services
- Maid Services
- Carpet & Upholstery
- Other Services (Including Polishing and Other Services)
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Middle East
- Rest of LAMEA
MARKET PLAYERS IN THE VALUE CHAIN
- ABM Industries Inc.
- The Service Master Company, LLC
- Anago Cleaning Systems
- Aramark Corporation
- Jani-King Inc.
- Stanley Steemer International, Inc.
- Pritchard Industries Inc.
- BONUS Building Care
- Red Coats
- UGL Unicco Services
- Jan-Pro International
- Mothers House Cleaning
- Clean First Time
- Compass Group Plc
- Duraclean International Inc.
- Harvard Maintenance Inc.
- Steamatic Inc.
- Stratus Building Solutions
- Temko Service Industries Inc.
- Mothers House Cleaning