PUBLISHER: The Business Research Company | PRODUCT CODE: 1428322
PUBLISHER: The Business Research Company | PRODUCT CODE: 1428322
A contract cleaning service refers to an agreement between a cleaning service provider and a client, wherein the cleaning service provider commits to providing their labor in exchange for payment. These services involve establishing a contract or agreement with the cleaning company to perform various cleaning and maintenance duties on a regular basis.
The primary types of contract cleaning services include window cleaning, floor and carpet cleaning, upholstery cleaning, construction cleaning, and others. Window cleaning entails the cleaning of windows, glass surfaces, and, at times, frames to eliminate dirt, dust, smudges, and other debris. This service is typically extended to commercial buildings, offices, residential complexes, and other establishments where clean and clear windows are desired for both aesthetic and functional purposes. The ingredients used in these cleaning services include surfactants, solvents, chelating agents, pH regulators, solubilizers or hydrotropes, enzymes, and others. These services cater to various end-users such as residential, industrial, healthcare and medical facilities, and others.
The contract cleaning services research report is one of a series of new reports from The Business Research Company that provides contract cleaning services market statistics, including the contract cleaning services industry's global market size, regional shares, competitors with contract cleaning services market share, detailed contract cleaning services market segments, market trends and opportunities, and any further data you may need to thrive in the contract cleaning services industry. This contract cleaning services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The contract cleaning services market size has grown strongly in recent years. It will grow from $368.94 billion in 2023 to $393.21 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The expansion observed in the historical period can be attributed to an increased focus on cost optimization, stringent hygiene and sanitation regulations, growing awareness of health and safety, and shifting workplace demographics and preferences.
The contract cleaning services market size is expected to see strong growth in the next few years. It will grow to $520.32 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The anticipated growth in the forecast period can be attributed to the expansion of the healthcare and hospitality sectors, a focus on green cleaning and sustainability, the adoption of digital technology and automation, increased demand for specialized cleaning services, and an emphasis on employee training and professionalization. Major trends in the forecast period include technological advancements in cleaning equipment and solutions, strategic collaborations, and the development of efficient, eco-friendly products.
The anticipated growth in construction activities is set to drive the expansion of the contract cleaning services market in the future. Construction involves the processes of installing and assembling project tools and materials on the work site according to approved plans and specifications. Professional cleaning services play a crucial role in removing debris, dust, and other hazardous materials that pose risks to health and safety during construction. Hiring contract cleaning services can contribute to time, effort, and energy savings, allowing resources to be allocated more efficiently to other project aspects. As per a report by the Office for National Statistics, a UK-based producer of official statistics, in 2023, there was a 0.3% increase in quarterly construction production in Quarter 2022 compared to Quarter 2022. This rise was attributed to increases in new work (0.4%) and repair and maintenance (0.1%). Following a record growth of 12.8% in 2021, the annual construction production increased by 5.6% in 2022 compared to 2021. Consequently, the increasing construction activities drive the growth of the contract cleaning services market.
The growing demand in the hospitality sector is expected to fuel the expansion of the contract cleaning services market in the foreseeable future. The hospitality industry encompasses businesses and services focused on providing accommodations, food, and various amenities. Contract cleaning services play a vital role in maintaining high cleanliness standards, health and safety compliance, positive guest experiences, and flexibility and scalability in the hospitality sector. According to the National Restaurant Association, a US-based restaurant industry business association, industry sales reached $997 billion with 15.5 million in industry employment in February 2023. Hence, the rising demand in the hospitality sector propels the growth of the contract cleaning services market.
Green cleaning emerges as a significant trend gaining popularity in the contract cleaning services market, with major companies adopting eco-friendly cleaning to meet specific demands and sustain their market positions. For instance, in October 2022, Betco Corporation, a US-based chemical and equipment manufacturer, partnered with EnviroZyme, a US-based manufacturer of biological technologies, to launch EnviroZyme probiotic solutions. This probiotic cleaning program replaces traditional cleaning chemicals with natural, non-toxic, and biodegradable formulas, aligning with environmentally friendly practices.
Major companies in the contract cleaning services market are developing innovative products, including advanced cleaning and disinfecting solutions, to gain a competitive advantage. These products represent a new generation of cleaning agents with enhanced effectiveness in removing dirt, germs, and pathogens. For example, in June 2021, CRC Industries Inc., a US-based provider of contract cleaning services, introduced CRC multi-surface disinfectant cleaner and CRC plexi safe barrier cleaner. The multi-surface disinfectant cleaner is designed to eliminate 99.9% of Influenza A H1N1 Virus and Rhinovirus on hard, non-porous surfaces in 10 minutes, releasing a citrus aroma. CRC plexi safe barrier cleaner is a dedicated solution for cleaning plexiglass barriers.
In February 2021, REACT Group plc, a UK-based cleaning services company, completed the acquisition of Fidelis Contract Services for approximately $6.1 million. This strategic move enhances REACT Group plc's profitability and increases the scale of its services. Fidelis Contract Services, a UK-based commercial cleaning company, specializes in providing specialist cleaning services.
Major companies operating in the contract cleaning services market report are Sodexo SA, ISS Facility Services Inc., ABM Industries Inc., Mitie Group PLC, ServiceMaster Co, Planned Companies, KBS LLC, Pritchard Industries Inc., FBG Service Corporation, Stanley Steemer International Inc., Atlas FM, Bark.com Global Limited., Stratus Building Solutions, Jani-King International Inc., Jan-pro Cleaning Systems, COIT Cleaning and Restoration Services, Master Klean, Cleaning Services Group Inc., React Group PLC, Triad Cleaning Solutions, Bonus Building Care, Four Star General Cleaning Service, Extra Clean Inc., Duraclean International Inc., Anago Cleaning Systems.
North America was the largest region in the contract cleaning services market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the contract cleaning services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the contract cleaning services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The contract cleaning services market includes revenues earned by entities by providing services such as janitorial cleaning, housekeeping, deep cleaning, pressure washing, and sanitization services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Contract Cleaning Services Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on contract cleaning services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for contract cleaning services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The contract cleaning services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of covid 19 on supply chains and consumption patterns.