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

A new report published by Allied Market Research, titled, "Cleaning Services Market-Global Opportunity Analysis and Industry Forecasts, 2014-2022,'’ projects that the global cleaning services market is expected to garner $74,299 million by 2022, growing at a CAGR of 6.2% (2016 to 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.

Growth in number of dual income households, increased disposable income and rise in construction activities stimulate the growth of cleaning services market. However, intense competition among small and established players, to expand their market presence, is a major challenge for leading market players. Increase in number of working women and investment in real estate is expected to offer attractive opportunities for the growth of cleaning services market.

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

The cleaning services market is segmented by service type into commercial cleaning services (window cleaning, vacuuming, floor care, and other services such as kit cleaning and dusting) and residential cleaning services (maid services, carpet & upholstery, and other services such as polishing, vehicle cleaning, & appliances cleaning).

Commercial cleaning services accounted for the highest revenue of $37,217 million in the overall cleaning services market size in 2015, owing to huge demand of construction & post-construction cleaning services. Construction industries require cleaning services primarily for debris cleaning and pressure washing. Residential cleaning services segment is anticipated to witness faster during the forecast period, owing to its growing popularity among dual income households.

Among the different cleaning services within the commercial segment, floor care accounted for the maximum revenue in 2015. Popularity of floor care services has increased in the global market, owing to increased demand from various commercial sectors such as schools, hospitals, and large retail sectors. Vacuuming cleaning services is anticipated to witness the fastest growth, with a CAGR of 6.2% during the forecast period, owing to its increased demand for dust cleaning from various commercial sectors such as stadium and event venues.

Maid services accounted for the largest market share in the overall residential cleaning services market, while carpet & upholstery segment is expected to exhibit highest growth rate among the different services covered under residential cleaning services segments.

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

North America is presently the largest cleaning services market, and is anticipated to continue its growth at a notable pace, owing to changing consumer lifestyle and growth in number of working women, majorly in the U.S. From a growth perspective, Asia-Pacific is anticipated to witness the fastest growth, surpassing the North American cleaning services market by 2019. The growth would be driven by the increase in demand from countries such as China, Japan, and India. Popularity of such services has increased due to rise in economy and escalation in construction of commercial and non-commercial buildings, which is one of the major growth factors. Moreover, increased disposable income of individuals and rise in awareness towards higher education of girls is expected to increase the demand for various cleaning services in the region.

Partnership is one of the most widely adopted key growth strategies by existing market players. For instance, companies such as Stanley Steemer International, Inc., Aramark Corporation and Jani-King Inc. made several partnerships to expand their market and product line. The key players 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., Chem-Dry, and Pritchard Industries Inc.

Analyst Review:

North America is the largest cleaning services market. The cleaning services industry in the region is anticipated to continue growing at a notable pace, owing to factors such as hectic lifestyle of consumers and increase in dual income households. U.S. indicated an increased penetration of cleaning services in the region. According to OECD Employment and Labour Market Statistics, around 62% women in U.S. are self-employed, which has increased the demand for residential cleaning services in the region.

Asia-Pacific is the second-largest market in terms of cleaning services market size, owing to increased disposable income and urbanization. The Asia-Pacific region is anticipated to grow at the fastest rate in the near future owing to high disposable income of individuals and growth in construction activities in countries such as China. Popularity of cleaning services is higher in China, with the country holding the maximum cleaning services market share, in the overall Asia-Pacific region. However, countries such as Australia, Singapore, India, and others are expected to have relatively higher growth rates in the near future. The residential cleaning services is anticipated to witness impressive growth in the near future, owing to increase in number of working women. This would lead to an increased demand for various residential services such as maid services and appliances cleaning.

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.