The global janitorial cleaning services market was valued at more than USD118 billion in 2016 and is expected to reach almost USD146 billion by 2021.
Procurement market intelligence analysts have announced its latest market research report on janitorial cleaning services for the period 2017-2021. This market analysis discusses the major drivers and key emerging trends that will influence the growth of the janitorial cleaning services market during the forecast period. Some of the top vendors listed in this industry analysis include ABM, Aramark, ISS, Jani-King, and C&W Services.
In terms of geographical analysis, the Americas is the largest shareholder in the global market for janitorial cleaning services with a market share of around 54%. Countries like the US and Canada account for a majority of the revenue generated by the market in this region.
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According to Angad Singh, a category specialist at Technavio for research on category spend intelligence, “The use of green cleaning products is gaining prominence in the global market for janitorial cleaning services. Organizations are becoming increasingly aware of the harmful effects of chemicals and elements found in cleaning solutions on the environment. As a result, there is ongoing shift towards the use of innovative eco-friendly products such as herbal disinfectants for restrooms and healthcare facilities. ABM, for instance, offers GreenCare services where only Green Seal-certified cleaning products are used.”
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The new procurement market intelligence report analyzes some of the key drivers and trends responsible for the growth of this market and its sub-segments.
Increase in the number of high-rise and commercial buildings
Improving economic conditions and relaxations in trade laws are resulting in globalization of organizations. There’s substantial increase in the construction and infrastructural activities across the globe to keep pace with rapid urbanization. This, in turn, is leading to an increase in the number of high-rise and commercial buildings which is propelling the demand for janitorial cleaning services.
Demand for specialized services
In organizations that belong to sectors such as healthcare and pharmaceuticals, there is increased emphasis on hygiene and cleanliness. Such organizations seek suppliers who fully understand the requirements and implement service strategies that are based on the requirements. Healthcare and pharmaceutical companies prefer hiring janitorial service providers that can leverage their expertise to provide services that can meet industry-specific as well as client-specific standards and requirements.
Need to focus on core competencies
These days, there is increased focus on core competencies such as cleaning and maintenance of facilities rather than on peripheral requirements in many organization. The shift in focus is encouraging more organizations to outsource such requirements instead of hiring manpower for these purposes and constantly monitoring their work. The demand for outsourced janitorial services among organizations is expected to propel growth of the global janitorial cleaning services market during the forecast period.
A more detailed analysis is available in the procurement market intelligence report titled, ‘Global Janitorial Cleaning Services – Procurement Market Intelligence 2017.’
