Cleaning Services Market is Expected to Reach $74,299 Million, By Top Leading Companies ABM Industries Inc., The Service Master Company, LLC, CleanNet, Anago Cleaning Systems, Aramark Corporation, Sodexo, Jani-King Inc., Stanley Steemer International, Inc

Cleaning Services Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $74,299 million by 2022, registering a CAGR of 6.2% during the forecast period 2016-2022.Cleaning services market trends are expected to be progressive over the next few years.

Asia-Pacific is expected to grow at the fastest pace during the forecast period and account for around 30% of the overall cleaning services market revenue by 2022. The growth is primarily driven by the upsurge in demand from China, Japan, and India.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/1913?utm_source=OPR

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.

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.

Make a Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/1913?utm_source=OPR

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 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.

List of Figures

FIGURE 1. TOP WINNING STRATEGIES: PERCENTAGE DISTRIBUTION (2013 - 2016)
FIGURE 2. TOP WINNING STRATEGIES: NATURE AND TYPE
FIGURE 3. TOP INVESTMENT POCKETS IN GLOBAL CLEANING SERVICES MARKET, BY COMMERCIAL SERVICES
FIGURE 4. VALUE CHAIN ANALYSIS
FIGURE 5. PORTERS FIVE FORCES ANALYSIS
FIGURE 6. MARKET PLAYERS POSITIONING, 2015
FIGURE 7. TOP FACTORS IMPACTING GLOBAL CEANING SERVICES MARKET, 2015-2022
FIGURE 8. ATTRACTIVE OPPORTUNITIES
FIGURE 9. ATTRACTIVE OPPORTUNITIES
FIGURE 10. U.S.: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 11. CANADA: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 12. MEXICO: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 13. UK: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 14. GERMANY: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 15. FRANCE: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 16. REST OF EUROPE: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 17. CHINA: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 18. JAPAN: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 19. INDIA: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 20. REST OF ASIA-PACIFIC: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 21. BRAZIL: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 22. THE MIDDLE EAST: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 23. REST OF LAMEA: CLEANING SERVICES MARKET SIZE, 2014-2022 ($MILLION)
FIGURE 24. ABM INDUSTRIES: COMPANY SNAPSHOT
FIGURE 25. THE SERVICE MASTER COMPANY, LLC: COMPANY SNAPSHOT
FIGURE 26. ARAMARK CORPORATION: COMPANY SNAPSHOT
FIGURE 27. SODEXO: COMPANY SNAPSHOT

Access Full Summery @ https://www.alliedmarketresearch.com/cleaning-services-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.