The Latin America, Middle East and Africa Cleaning Services Market would witness market growth of 10.22% CAGR during the forecast period (2021-2027).
The adoption of cleaning services have increased drastically in the last few years. Currently, many women are openly embracing employment opportunities, thus the number of dual-income households has increased around the world. Additionally, such women prefer to spend on cleaning services as they do not get time for household chores and cleaning.
Also, factors such as thriving real estate & commercial sector and rapid urbanization will demand various cleaning services in the future. Besides, positive steps from various governments towards cleaning and sanitation are expected to benefit this industry. However, high or cut-throat competition especially in industrialized countries is the reason that may hamper the growth of the market.
In 2020, a new sanitation bill was approved by the Brazilian government to create a transformation in its drinking water supply and its sanitation sector via privatization. Following the approval of bill, many local companies have emerged in the country to provide different types of sanitization and cleaning services across the country. Moreover, these companies are offering low-cost cleaning services for residential as well as commercial spaces. Moreover, countries like UAE which is constantly creating high-rise buildings, the demand for window cleaning with the help of modern technologies is increasing in the country. Thus, these factors are expected to accelerate the demand and growth of cleaning services market during the forecasting period.
The Brazil market dominated the LAMEA Cleaning Services Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.11 billion by 2027. The Argentina market is estimated to witness a CAGR of 10.8% during (2021 - 2027). Additionally, The Saudi Arabia market would experience a CAGR of 10.5% during (2021 - 2027).
Based on Type, the market is segmented into Floor care, Window Cleaning, Maid Services, Carpet Upholstery, Vacuuming, and Others. Based on End Use, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Cleaning Services Market is Predict to reach $92.69 billion by 2027, at a CAGR of 7.80%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Aramark Corporation, ABM Industries, Inc., Sodexo S.A., Pritchard Industries, Inc. (Littlejohn & Co.), Coit Services, Inc., The ServiceMaster Company, LLC, Cleannet USA, Inc., Chem-Dry, and Jani-King International, Inc.
By Type
By End Use
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