A comprehensive overview of the global Contract Cleaning Services market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Contract Cleaning Services market globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the global market at regional and country levels. The global Contract Cleaning Services market is likely to showcase a robust growth of around ~6% during the forecast period (2021-2027).
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Market Overview
Contract Cleaning Services as the name suggests involves cleaning services that are performed on a contract basis. Clients in need of cleaning services approach the company looking for cleaning services. Contract Cleaning Services services are provided at subsidized rates. This encourages clients to move into Contract Cleaning Services as opposed to one-off cleaning services. In Contract Cleaning Services, the client enters an agreement with the company as regards their cleaning needs. Contract Cleaning Services services are available for home associations, offices, factories, schools, businesses, hospitals, and churches.
The increasing awareness about hygiene at the workplace, coupled with the growing concerns about workplace sustainability and employee wellness, is driving the market growth. 10 million bacteria live on the average desk, making it 400 times dirtier than the average toilet seat. Moreover, on average a person touches the surfaces that expose them to 8,40,000 germs every 30 minutes. Furthermore, rise in the communicable disease across the globe is also proliferating the demand for the Contract Cleaning Services services across industries such as healthcare, hospitality, retail, etc., 80% of the communicable disease are spread by touch, and the lift and elevators button contains around 22% more bacteria than toilet seats.
COVID-19 Impact
The Covid-19 pandemic shed light on the importance of ventilation and indoor air quality. During the COVID pandemic the frequency of cleaning of areas with high contact points, such as toilets, lifts, refuse bins, and handrails, amongst others, increased. According to the American Lung Association, carpets can trap pollutants, including "dust mites, pet dander, cockroach allergens, particle pollution, lead, mold spores, pesticides, dirt, and dust. Moreover, in 2022, there are very few U.S. industries that are still required to be closed, which means the demand for commercial cleaning services is as high as ever. Every business wants to be able to say that its facility is cleaner and safer than its competitors, while still maintaining full availability of services and hours of operation. This has led to commercial cleaners learning to streamline their methods to be as quick and efficient as possible—without lacking quality.
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The global Contract Cleaning Services market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Service Type, the market is primarily bifurcated into:
• Window Cleaning
• Floor & Carpet Cleaning
• Upholstery Cleaning
• Construction Cleaning
• Others
Based on service type, the market is classified into window cleaning, floor & carpet cleaning, upholstery cleaning, construction cleaning, and others. Amongst service type, the floor & category accounted for a significant share in the market. This is mainly as the floor area is quite large in corporate office/ manufacturing facilities and Floor and carpet cleaning is a very monotonous and time-consuming task. Therefore, the amount charged by the service contractors for this service is higher as compared to other services such as upholstery and window cleaning.
By End-Use, the market is primarily bifurcated into:
• Residential
• Commercial
• Industrial
Based on end-use, the market is categorized into residential, commercial, and industrial. Among these commercial segments is expected to witness the highest CAGR during the forecast period. The revival of the construction and real estate sector after a brief period of a lull during the first half of this decade, and the resulting rise in the number of commercial buildings. Therefore, office buildings invest significantly in keeping the premise clean and sanitized.
For a better understanding of the market adoption of the Contract Cleaning Services industry, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Mexico); Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe); Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), and Rest of World. North America is expected to witness the highest CAGR during the forecast period as the region is characterized by the presence of many service providers, especially in the United States. For instance, Wegmans, a grocery store chain in the US, adopted cleaning services from Cleaning Services Group Inc. for all its store locations in the country. The cleaning services help the company in keeping its construction sites clean as they erect 4-5 new stores per year.
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The major players targeting the market include:
• ABM Industries Incorporated
• Jani-King International Inc.
• ISS Facility Services, Inc.
• Sodexo Group
• Mitie Group plc.
• Pritchard Industries Inc.
• Vanguard Cleaning Systems Inc.
• Stanley Steemer International Inc.
• Cleaning Services Group, Inc.
• The ServiceMaster Company, LLC
Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the global Contract Cleaning Services market. The major players have been analyzed by using research methodologies for getting insight views on market competition.
Key questions resolved through this analytical market research report include:
· What are the latest trends, new patterns, and technological advancements in the global Contract Cleaning Services market?
· Which factors are influencing the global Contract Cleaning Services market over the forecast period?
· What are the global challenges, threats, and risks in the global Contract Cleaning Services market?
· Which factors are propelling and restraining the global Contract Cleaning Services market?
· What are the demanding global regions of the global Contract Cleaning Services market?
· What will be the market size in the upcoming years?
· What are the crucial market acquisition strategies and policies applied by the companies?
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