Dublin, Oct. 14, 2024 (GLOBE NEWSWIRE) -- The "Janitorial Service Market Size, Share and Trends Analysis by Type, Application and Region 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The global janitorial service market size is expected to reach USD 367.48 billion by 2030. The market is projected to grow at a CAGR of 4.1% from 2024 to 2030.
One of the key factors driving the market growth of is the increasing emphasis on hygiene and cleanliness in residential and commercial spaces. With the ongoing global health crisis, businesses are placing greater importance on maintaining clean and sanitized environments to ensure the health and safety of employees and customers. This heightened awareness of hygiene standards drives the demand for janitorial services that provide thorough and effective sanitation solutions.
Technological advancements significantly drive the market by enhancing operational efficiency and service quality through automation, IoT devices, and data analytics. The integration of these technologies allows janitorial companies to implement real-time monitoring, predictive maintenance, and tailored cleaning schedules, leading to more effective and cost-efficient cleaning solutions. By leveraging these innovations, companies can offer superior service quality, minimize downtime, and optimize resource allocation, thus gaining a competitive edge in the market and meeting customers' evolving demands. This shift towards technology-driven solutions improves operational performance and supports market expansion as businesses seek to adopt cutting-edge practices for cleaner and healthier environments.
Moreover, customers are increasingly seeking janitorial companies that provide customizable service packages, transparent pricing models, and responsive customer support to address unique cleaning needs and budget constraints. Customizable service packages allow clients to tailor services to their specific requirements, whether they need specialized cleaning for certain areas or different frequencies of service. As these trends continue to evolve, janitorial companies that adapt to these preferences can attract and retain clients more effectively, driving growth and enhancing their competitive position in the market.
Furthermore, key players or new entrants are focusing on establishing partnerships in the market with commercial facilities such as hospitality facilities, restaurants, and large healthcare systems to gain access to the network of facilities and offices. For instance, EnviroClean, a company based in the U.S., partnered with large healthcare systems to provide janitorial and facility services across multiple medical facilities and offices. Healthcare systems prefer to work with a single cleaning company for all their facilities rather than multiple vendors since it helps these facilities minimize costs and obtain consistency in service. Such contracts and long-term relationships to clean multiple locations for large commercial facilities such as healthcare systems will benefit the service providers and likely favor the market's growth.
Janitorial Service Market Report Highlights
- The demand for janitorial services in commercial applications accounted for a substantial market share in 2023. The need for maintaining high standards of cleanliness and hygiene in business environments, which is crucial for employee health and customer satisfaction, drives the demand
- Exterior window cleaning is expected to grow significantly over the forecast period. The growth in demand for janitorial services in exterior window cleaning is driven by the increasing focus on building aesthetics, energy efficiency, and the maintenance of high standards in commercial and residential properties
- North America dominated the market in 2023. The stringent regulatory requirements for cleanliness and hygiene across various sectors, including healthcare, education, and food services, drive the market growth in North America. In addition, the increasing adoption of advanced cleaning technologies and sustainable practices and a growing emphasis on maintaining clean and healthy environments further fuel market growth
The leading players in the Janitorial Service market include:
- ABM Industries Incorporated
- The ServiceMaster Company, LLC
- Farnek
- Jani-King International, Inc.
- Jan-Pro Franchising, Inc.
- AEON DELIGHT CO. LTD.
- CNS Consorzio Nazionale Servizi Soc Coop
- ISS A/S
- Mitie Group plc
- WISAG Facility Service Holding GmbH
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
Key Attributes
Report Attribute | Details |
No. of Pages | 110 |
Forecast Period | 2023-2030 |
Estimated Market Value (USD) in 2023 | $279.27 Billion |
Forecasted Market Value (USD) by 2030 | $367.48 Billion |
Compound Annual Growth Rate | 4.1% |
Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/oiwgk7
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