by Brianna Crandall — May 23, 2018 — Global technology research and advisory company Technavio just launched a report on the global contract cleaning services industry that highlights the inclination toward green cleaning products and services and automated cleaning devices as two of the market’s key emerging trends. The firm’s market research analysts forecast the global contract cleaning services market to exceed $386 billion by 2022.
Green cleaning products and services
The rising awareness of the benefits of “green” and eco-friendly products among commercial and industrial users have increased the use of green and sustainable cleaning practices. Technavio defines green cleaning as an eco-friendly way of cleaning without the use of harmful chemicals that can have adverse impacts on both human health and the environment. Along with products and processes that protect the environment, it also involves promoting sustainability.
Unlike traditional cleaning methods, green products also refer to chemicals and methods that do not release harmful aerosols or wastes that accumulate in the water. At present, several players are using green products and methods for contract cleaning services. In terms of operational and financial efficiency, the increasing adoption of green and sustainable cleaning methodologies will have a positive impact on the contract cleaning services market.
Increase in use of automated cleaning devices
In this report, Technavio analysts also highlight an increase in the use of automated cleaning devices as a key factor contributing to the growth of the global contract cleaning services market.
From using basic cleaning tools to sophisticated tools and technologies, the contract cleaning services market has evolved with technology. This has augmented market growth and is characterized by significant improvement in efficiency of cleaning and sanitation. The implementation of power tools such as low-noise vacuum cleaners, floor cleaners, steam cleaners, and high-quality cleaning agents and supplies have resulted in efficient and high-quality services, notes the report.
According to a senior analyst at Technavio for consumer services and personal care:
Traditional methods were used earlier in industrial cleaning processes. However, advances in technology have helped incorporate technology into these processes to advance and standardize the industry. The adoption of technology in cleaning practices will further prove more effective by eliminating the use of harmful chemicals. One of the types of innovations available in the market is the disinfectants based on hydrogen peroxide with shorter contact times.
Global contract cleaning services market segmentation
This market research report segments the global contract cleaning services market into three major end-users: commercial, industrial, and residential. Of the three, the commercial segment held the largest market share in 2017, accounting for nearly 55% of the market. The market share for this segment is expected to increase through 2022.
Of the three key regions, comprising the Americas; Asia-Pacific (APAC); and Europe, the Middle East and Asia (EMEA), the Americas was the leading region for the global contract cleaning services market in 2017, accounting for a market share of nearly 42%. By 2022, APAC and EMEA are expected to witness the highest growth rate.
Key companies
The report includes an analysis of key players in this moderately fragmented, quite competitive market, including ABM, Anago Cleaning Systems, ISS and The ServiceMaster Company.
The 80-page Global Contract Cleaning Services Market 2018-2022 is available from the Technavio website, with discounts available for a limited time. Technavio also offers a sample report free of charge that contains multiple sections of the report such as the market size and forecast, drivers, challenges, trends and more.