Report ID: UCMIG20N2009
Report ID:
UCMIG20N2009 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The 2022 global market size for carpet and upholstery cleaning services amounted to USD 55.16 billion, with a projected annual growth rate of 5.3% from 2023 to 2030. Factors propelling this growth include heightened hygiene awareness, particularly in the wake of the pandemic, increasing concerns regarding allergies and health, the prevalence of households with pets and children, as well as the demand for extending the lifespan and maintenance of carpets and upholstery. According to a blog post by A OK Chem-Dry, professional carpet cleaning is capable of eliminating approximately 98% of contaminants and dirt from carpets.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Diversified Support Services by segment aggregation, the contribution of the Diversified Support Services in Commercial & Professional Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG20N2009