Rising End-Users awareness, Improving technology and Government's strong initiatives regarding Infrastructure will boost Kuwait Facility Management Market after the Covid's impact: Ken Research

1. The Kuwait hotel and restaurant sector is suffering from a shortage in the number of specialized workers including delivery services, due to the continued closure and prevention of recruitment from abroad.

The hospitality industry is undergoing a pivotal digital transformation. In the hotel sector, the full customer journey has been digitized; from researching venues and destinations to making price comparisons and purchases. Kuwait's hospitality market is smaller when compared to some of its GCC neighbors, but slow and steady seems to be the mantra of the country's hoteliers. The number of hotel keys in Kuwait approached to 89,000 by the end of 2021. Also, Hilton Kuwait Resort and Jumeirah Messilah Beach Hotel & Spa have had notable arrivals in the recent months.

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/manufacturing-and-construction/real-estate/kuwait-facility-management-market-outlook-to-2026/596144-97.html

2. Lack of awareness amongst end users, Labor issues, return of migrants to home countries during COVID-19, are major challenges for Kuwait Facility Management Market

In Kuwait, FM is considered as an expense and not as something that helps support the core business and increase revenues over the lifecycle of the business. A decrease in employment rate of migrant population or reduction in wages is likely to have a direct impact on industry. Most of labors engaged in construction and related sectors are working on temporary work visas.

3. Kuwait Vision 2035, Technological advancement, Increased Public Spending on infrastructure and Sustainability are major growth factors driving the Kuwait Facility Management Market

Restore the regional leadership role of Kuwait as a financial and commercial hub, and reviving the pivotal role of the Kuwaiti private sector in the leadership of development. Rapid real estate development in terms of smart city development, new infrastructure developments, and focus on tourism and hospitality promotion are the supporting factor for commercial facility management services revenue.

Key Segments Covered in the report: -

Kuwait Facility Management Market

By Type of Service

Soft Service
Hard Service

By Hard Service

Electromechanical Services
Operations and Maintenance Services
Fire Safety and Security Systems

Request for a Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTQ0

By Soft Service

Housekeeping
Security
Landscaping
Others

By Integrated Facility Services, Bundled Services and Single Services

Bundled services
Single services
Integrated facility management (IFM)

By End User

Commercial
Industrial
Residential

By Personnel

In-House Personnel
Outsourced Personnel

Key Target Audience:-

Factories
Plants and Industries
Hotels
Hospitals
Malls
Companies and offices
Tourism Agencies
Government Bodies & Regulating Authorities
Facility Management companies
Real estate companies

Time Period Captured in the Report:-

Historical Period: 2016-2021

Forecast Period: 2021-2026F

Companies Covered:-

Kharafi National
United Facility Management
EFS Facility Management Services
Fawaz Group
O&G Engineering W.L.L.
EcovertFM Kuwait
Al Mazaya Holding Company
Al-Awsat United Real Estate Co.
ONE FM
PIMCO
Gulf Engineering Company K.S.C.C

Request for a Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MTQ0

Key Topics Covered in the Report:-

Executive Summary: Kuwait Facility Management Market, 2016-2026F
Kuwait Facility Management Market Size by Revenue, 2016-2026F
Kuwait Population Analysis, 2021
Kuwait Demographic Analysis, 2021
Kuwait Oil and Non-Oil Quarterly Real GDP growth,2017-2020
Business Cycle and Genesis of Kuwait Facility Management
Business Acquisition Process in Kuwait Facility Management Market
Supply Side Ecosystem
Kuwait Real Estate Market Overview, 2021
Kuwait Rental Market Overview, 2021
Kuwait Housing Loan Market, 2021
Kuwait Hospitality Market Overview, 2021
Kuwait Retail Market Overview, 2021
Supply Side Ecosystem - Maintenance (Hard FM)
Supply Side Ecosystem - Cleaning and Security
Supply Side Ecosystem - Waste Management
Supply Side Ecosystem - Integrated FM
Kuwait Facility Management Market Segmentation
SWOT Analysis of Kuwait Facility Management Market
Key Growth Drivers in Facility Management Market in Kuwait
Trends and Developments in Kuwait Facility Management Market
Kuwait Facility Management Market Major Technological Trends, 2021
Regulatory Landscape of Kuwait Facility Management Market
Types of Contracts in Kuwait Facility Management Market
Competition Scenario in Kuwait Facility Management Market
Cross Comparison of Major Projects in Kuwait Facility Management Market
Market Sizing Analysis of Kuwait Facility Management Market, 2021-2026F
Best Practices for Improving Facility Services
Operational Strategies for Facility Management Market in Kuwait
Growth Strategies of Kuwait Facility Management Market

For more insights on the market intelligence, refer to the link below: -

https://www.kenresearch.com/manufacturing-and-construction/real-estate/kuwait-facility-management-market-outlook-to-2026/596144-97.html

Related Reports by Ken Research: -

https://www.kenresearch.com/manufacturing-and-construction/real-estate/qatar-facility-management-market-outlook-to-2026/596018-97.html

https://www.kenresearch.com/manufacturing-and-construction/real-estate/chile-facility-management-market/251379-97.html

https://www.kenresearch.com/manufacturing-and-construction/real-estate/vietnam-facility-management-market/197078-97.html

Follow Us -

https://www.linkedin.com/company/2775089/admin/

https://www.instagram.com/kenresearch/

https://www.facebook.com/kenresearch

https://twitter.com/KenResearch

https://www.youtube.com/c/KenResearchKen

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.