CONTRACT CLEANING SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global contract cleaning services market is estimated to be valued at US$ 273.2 billion in 2024 and is expected to reach US$ 402.1 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031. The market is witnessing growth due to expansion of the commercial real estate industry globally.

Contract cleaning includes a wide range of commercial cleaning services such as janitorial, window cleaning, pressure washing, and disinfecting provided to residential and commercial clients on a contractual basis. Growing urbanization and industrialization have led to increased construction of commercial establishments like offices, retail outlets, hotels and hospitals that require regular cleaning services.  Rising health and hygiene awareness among people has further boosted demand for cleaning services from both individual houses and public buildings. New technologies and innovative service offerings by market players can also drive the market growth.

Market Dynamics:

Global contract cleaning services market growth is driven by factors like rapid growth of real estate sector worldwide that boosts demand for cleaning of residential and commercial spaces. Increasing awareness about importance of cleanliness and hygiene especially in public places can drive the market growth. COVID-19 pandemic has pushed focus on sanitization and disinfection, and this can offer new growth opportunity for market players. However, availability of low-cost in-house cleaning staff can hinder complete outsourcing of cleaning operations, thus, hampering the market growth. The intense competition among existing players and entry of new entrants may squeeze profit margins. Market players need to adopt innovative technologies and value-added services to counter restraints. Providing environmental-friendly cleaning solutions offer a key opportunity for the market growth.

Key features of the study:

• This report provides in-depth analysis of the global contract cleaning services market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global contract cleaning services market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include 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. are the major players.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global contract cleaning services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global contract cleaning services market.

Detailed Segmentation-

• By Service Type
  • Exterior
    • Parking Lot
    • Street
    • Window
    • Other Exterior
  • Interior
    • Floor & Corridor
    • Lobby
    • Other Interior
  • Fabric Cleaning
    • Carpets
    • Upholstery
  • Restoration & Remediation Services
  • Swimming Pool & Maintenance
•  By End User
  • Residential
    • Individual Houses
    • Apartments
  • Commercial
    • Educational Institutions
    • Hotels and Restaurants
    • Healthcare and Medical
    • Retail Outlets
    • Corporate Offices
    • Others (Financial Institutions)
  • Industrial
• By Regional
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Key Players Insights
  • 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.