Published Date: 24-Jan-2022
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According to a new report Global Cleaning Services Market, published by KBV research, The Global Cleaning Services Market size is expected to reach $92.69 billion by 2027, rising at a market growth of 7.80% CAGR during the forecast period.
The Floor care market dominated the Global Cleaning Services Market by Type in 2020, thereby, growing at a CAGR of 7.3% during the forecast period. This is due to the rising demand for high-end cleaning products. Moreover, many entities including organizations, railways, and others decided to properly clean and sanitize the floors to avoid the chances of spread of disease. However, the carpet and upholstery segment would display the highest growth rate in the forecasted period.
The Commercial market dominated the Global Cleaning Services Market by End Use in 2020, thereby growing at a CAGR of 7.5% during the forecast period. Since the opening of these commercial premises after the relaxation in the lockdown, the demand for cleaning in these areas has grown, due to the fear of viruses which is still prevalent among many people. In addition, commercial facilities require cleaning and maintenance on the regular basis.
The North America market dominated the Global Cleaning Services Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $34.12 billion by 2027. The Europe market is estimated to witness a CAGR of 7% during (2021 - 2027). Additionally, The Asia Pacific market would exhibit CAGR of 9.8% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/cleaning-services-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 End Use
Unique Offerings from KBV Research
North America Cleaning Services Market, Future Scope & Opportunities 2021-2027
Europe Cleaning Services Market, Size & Growth Forecast 2021-2027
Asia Pacific Cleaning Services Market, Size, Share & Industry Outlook to 2027
LAMEA Cleaning Services Market, Growth, Trends and Forecasts 2021-2027