Press release
Global Contract Cleaning Services Market Driven by Increasing Disposable Income among Urban Population
The report, titled “Global Contract Cleaning Services Market 2017-2021” is a comprehensive analysis of the market in its current scenario and based all the major factors that are expected to influence the demand in the near future, it estimates a healthy CAGR of 4.8% for the global contract cleaning services market during the forecast period of 2017 to 2021. The report also contains a section on company profiles wherein some of the prominent players in the market have been analyzed for their market share, service offerings, business segmentation, and recent strategic developments.
The report observes that as the environmental concerns escalate across the globe, several steps have been taken in various fields and similar developments are underway in the contract cleaning services market too. These services enable proper dispose of the waste and ensure cleanliness of the contracted area, both one time or periodically. One of the key factor noted by the report that will positive influence the global contract cleaning services is the strong demand from commercial end-users such as corporate office buildings, healthcare institutions, transportation, and educational institutions. Another prominent factor favoring the market is the growing number of dual income family, which is a reflection of increasing percentage of working education and employment, and thereby disposable income is increasing among the urban population.
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Technological advancements have also resulted in automated cleaning devices that are more efficient and less time-consuming. This factor will also positively influence the market. However, the growth rate of the global contract cleaning services market is expected to be hindered by the factors such as risks of hazardous physical and chemical effect on the workers, changes in labor wages, and the need for multiple cleaning services. The report also highlights a few trends of the market, including use of software to manage cleaning services, inclination toward use of green cleaning products, and provision of specialty cleaning products. Each of these factors have been thoroughly analyzed in the report and eventual implications have been estimated.
The report segments the global contract cleaning services market on the basis of end-users and geography. By end-users, the market has been categorized into commercial, industrial, and residential. Geographically, the report studies the opportunities available in the regions of Americas, the Middle East and Africa (EMEA), and Asia Pacific (APAC).
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The report identifies ISS, ABM, and Service Master as the key vendors in the global contract cleaning services market, while other notable vendors are Anago Cleaning Systems, BELFOR, Cagney Contract Cleaning, AIS Contract Cleaners, Quota Contract Cleaning Services, Stanley Steemer International, Atlas Cleaning, Crest Commercial Cleaning, JPM Contract Cleaners, Mitie Group, Eco Group Services, Future Cleaning Services, Nugent Contract Cleaning, OCS Group, and The Cleaning Services Group.
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