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Pumping Up the Janitorial Services Market by 2021
Janitorial Services Market
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Many companies outsource their building maintenance and cleaning services, in order to reduce the cost .Through outsourcing, the janitorial services industry creates many employments. Introduction of latest janitorial equipment in the market provides a competitive edge to the janitorial service industry. Such new cleaning equipment provides better janitorial service and this also helps in the growth of janitorial services market.
Some of the major global companies such as ABM Industries and ServiceMaster offer various janitorial services. They together hold more than 35% share of the global janitorial services market. Introduction of new technologies and solutions to clean properties efficiently and safely and process improvements are expected to boost growth of the global janitorial services market during the forecast period.
Asia Pacific is one of the prominent markets for janitorial services. Rising economy and escalating construction of commercial and non-commercial buildings in the region further increase demand for janitorial services. China and India are the two major countries in Asia Pacific, which hold the highest share of the janitorial services market. In North America, the U.S. holds the largest market share and is expected to grow at the fastest rate during the forecast period. The global janitorial services market is expected to grow at a single-digit growth rate during the forecast period from 2014 to 2020.
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Some of the major companies operating in the global janitorial market areABM Industries, CleanNet USA, Jani-King Internationa,ServiceMaster, Anago Cleaning Systems, Chem-Dry, Jan-Pro International, Aramark,Stanley Steemer, BONUS Building Care, Coverall, Pritchard Industries, Red Coats, UGL Unicco Services, Sodexo, and Vanguard Cleaning Systems.
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