by Brianna Crandall — February 15, 2017 — The global market for contract cleaning services is expected grow at a compounded annual growth rate (CAGR) of 4.8 percent during the next five years, according to a new study by Infiniti Research Limited, available from market research firm ReportsnReports.
One of the latest trends gaining traction in this market is the development of software to manage cleaning services. To provide better services, many providers are using software to manage their teams, which often consist of a wide range of services and numerous workers. This software can help the providers monitor and bring changes and updates to services. It can also monitor the need to replace or refill consumables in washrooms and other areas.
The firm identifies ABM, ISS and Service Master as the key players in the global contract cleaning services market. Other prominent vendors in the market are: Anago Cleaning Systems, AIS Contract Cleaners, Atlas Cleaning, BELFOR, Cagney Contract Cleaning, Crest Commercial Cleaning, Eco Group Services, Future Cleaning Services, JPM Contract Cleaners, Mitie Group, Nugent Contract Cleaning, OCS Group, Quota Contract Cleaning Services, Stanley Steemer International, and The Cleaning Services Group.
According to the report, commercial end-users include commercial office buildings, hospitals, educational institutions, and retail spaces. Since contract cleaning services provides a one-stop solution for overall cleaning and maintenance of a building, it has been in strong demand from commercial end-users, with outsourced commercial services accounting for a majority share of around 55% of global contract cleaning services accounts.
The analysts estimate North and South America will dominate the contract cleaning services market during the forecast period of 2017 to 2021, largely due to cleaning services forming an integral part of high-quality healthcare demands in the United States. Contract cleaning services are viewed as top-notch and as delivering comparatively quicker and more efficient work performance than in-house cleaning services, notes the report.
The 64-page Global Contract Cleaning Services Market 2017-2021 is available for purchase from the ReportsnReports Web site.