Global Cleaning Services Market: Industry Analysis and Forecast (2018-2026)

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Global Cleaning Services Market was valued at US$ 40.02Bn in 2019 and is expected to reach US$ 80.50Bn by 2026, at a CAGR of 8.93% during a forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

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Global Cleaning Services Market Dynamics

Cleaning services comprise of a wide range of services required by commercial and residential sectors. It includes maid services, window cleaning, floor cleaning, carpet & upholstery cleaning, and other cleaning services, which are used in residential and commercial applications.

Increasing construction activities, investment in real estate, rising disposable income are expected to dominate the global cleaning services market. An increase in the number of working women and rising investment in real estate are expected to offer great opportunities for the growth of the cleaning services market.

The increasing inclination towards green cleaning products is one of the key trends, which drives the growth of the cleaning services market. Rising awareness concerning the benefits of green and eco-friendly products, commercial and industrial consumers are gradually demanding green and sustainable cleaning practices. Furthermore, concentrated competition among small and established players, to expand their market presence, is a major challenge for leading market players.
Global Cleaning Services MarketSegment Analysis

The residential segment is projected to share a significant share in the cleaning services market. The growth is attributed to the increased disposable income of individuals, variation in consumer lifestyle, and augmented penetration of such services among residential applications.

Increased demand from the real estate sector, retail industry, and construction industries are boosting the growth of the cleaning services market. In the commercial segment, floor care services are expected to surge the demand for cleaning services.
Furthermore, increasing demand for dust cleaning from various commercial sectors such as stadiums & event venues is expected to increase the demand for vacuuming cleaning services. Construction industries need cleaning services primarily for rubble cleaning and pressure washing.
Global Cleaning Services Market Regional Insights

Geographically, North America is expected to dominate considerable growth in the global cleaning services market. Changing consumer lifestyle and growth in a number of working women, majorly in the U.S. is contributing to the major share in the market.
Furthermore, Asia-Pacific is expected to lead the cleaning service market. The growth is attributed to the increase in demand from developing countries such as China and India. Admiration of such services has increased owing to the rise in the economy and escalation in the construction of commercial and non-commercial buildings.

The report gives a clear representation of the current market scenario of the Global Cleaning Services Market, which includes projected market size in terms of value and volume, pestle analysis, Porter's analysis factors in the market.
Global Cleaning Services Market, Key Highlights:

• Global Cleaning Services Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Cleaning Services Market
• Global Cleaning Services Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Cleaning Services Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Cleaning Services Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Cleaning Services Market are also profiled.

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Global Cleaning Services Market, by Service type

• Commercial cleaning services
o Window Cleaning
o Vacuuming
o Floor Care
• Residential cleaning services
o Maid Services
o Carpet & Upholstery
o Other Services
Global Cleaning Services Market, by Geography

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Cleaning Services Market Key Players

• ABM Industries Inc.
• The Service Master Company, LLC
• BONUS Building Care
• Red Coats
• UGL Unicco Services
• Vanguard
• Jan-Pro International
• Mothers House Cleaning
• Clean First Time
• Compass Group Plc
• CleanNet
• Anago Cleaning Systems
• Aramark Corporation
• Sodexo
• Jani-King Inc.
• Stanley Steemer International, Inc.
• ChemDry
• Pritchard Industries Inc.
• Duraclean International Inc.
• Harvard Maintenance Inc.
• Steamatic Inc.
• Stratus Building Solutions
• Temko Service Industries Inc.
• Mothers House Cleaning

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