Cleaning Services MarketCleaning Services Market is poised to witness a higher CAGR during the forecast period (2020-2027), owing to the growing awareness about the importance of workplace hygiene and the increasing demand for cleaning services across retail sectors, public institutions, and hospitals.Increasing urbanization, hectic lifestyles, and growing awareness about the home-cleaning services through social media platforms, are projected to expand the Cleaning Services Market size. In addition, the increasing commercialization, supported by growing number of construction activities along with increasing disposable income and rising health concerns, have augment the growth of Cleaning Services Market. Cleaning services help in reducing stress, enhance efficiency, along with reducing health problems, thus improving the focus of employees, which contributes to the market growth.By type, commercial cleaning services segment is projected to expand at a faster CAGR over the forecast period, owing to the rising incidences of health diseases at workplace. Additionally, personalized packages offered by various Cleaning Services Companies will strengthen the market size. Whereas the vacuuming care segment is forecast to lead the market over the forecast period, primarily because of the rising demand for cleaning services across commercial and residential areas.By region, Asia-Pacific will lead the market during the forecast period, owing to the rising economic activities. According to the the Central Bank of Malaysia, the Malaysian economy witnessed an expansion of 3.6% in the fourth quarter of 2021, driving the Cleaning Service Market in the region.Key players in the market include The ServiceMaster Company, LLC., ABM Industries Inc., CleanNet USA Inc, Aramark Corporation, Sodexo Inc., Jani-King International, Inc., Stanley Steemer International, Inc., Ecocleen Services Ltd., Anago Cleaning Systems Inc., and Pritchard Industries Inc., among others.Key Developments:In 2019, Regency Cleaning Services was acquired by Ecocleen Services Ltd. This acquisition was intended to help Ecocleen enlarge its business, primarily across motor retail and education sector.Market SegmentationGlobal Cleaning Services Market by TypeCommercial cleaning servicesWindow CleaningVacuumingFloor CareOther Services (Including Kit Cleaning and Dusting)Residential cleaning servicesMaid ServicesCarpet & UpholsteryOther Services (Including Polishing and Other Services)OthersGlobal Cleaning Services Market by RegionAsia PacificChinaJapanIndiaRest of APACNorth AmericaUnited States of AmericaCanadaEuropeUnited KingdomGermanyFranceSpainRest of EuropeRoWBrazilSouth AfricaSaudi ArabiaUAEAbout GMI ResearchGMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.Media ContactCompany Name: GMI RESEARCHContact Person: Sarah NashEmail:
[email protected]: Europe – +353 1 442 8820; US – +1 860 881 2270Address: Dublin, IrelandWebsite: www.gmiresearch.com