Report: Contract Cleaning Services Market Slated for Significant Rise

The global contract cleaning services market size is expected to grow by USD 151.27 billion from 2021 to 2026  at a compound annual growth rate (CAGR) of 6.85 percent as per the latest market report by Technavio. 34 percent of the market's growth will originate from North America during the forecast period. The U.S. is the key market for contract cleaning services in North America. Market growth in this region will be slower than the growth of the market in the European, APAC, and South American regions.

The unprecedented rise in construction activities, surge in the number of dual-income households, and the proliferation of advanced cleaning services offered by vendors will facilitate the contract cleaning services market growth in North America over the forecast period. 

The contract cleaning services market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The contract cleaning services market report also offers information on several market vendors, including:

• ABM Industries Inc. - The company offers contract cleaning services to protect a facility's assets, enhance employee productivity, and keep customers coming back.

• AIS Contract Cleaners Ltd. - The company offers contract cleaning services that utilize the most effective cleaning practices to address commercial cleaning service needs in a customized cleaning schedule.

• Atlas Facilities Management Ltd. - The company offers contract cleaning services that provide high-quality, tailored cleaning, regardless of sector, scale or budget.

• csginc.com - The company offers contract cleaning services with the most efficient process possible using the best products, top-of-the-line equipment, and hands-on management.

• Eco Group -The company offers contract cleaning services for private and public sector customers in education, medical and health care, offices and commercial buildings, car dealerships, fitness, and leisure, industrial, retail, and TV film and production.

 

The adoption of green cleaning products is anticipated to boost the growth of the contract cleaning services market. However, the factors such as the low penetration rate in developing economies may impede market growth.

For access to the report, click here.