Report ID: SQMIG20N2015
Report ID:
SQMIG20N2015 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
71 |
Figures:
74
In 2021, North America's revenue share was roughly 35%. Due to rising incomes and an increase in public consciousness of health and hygiene, the demand for contract cleaning services globally is growing continuously. These services provide organizations a wholistic approach. Due to factors like the increase in the number of working women, changes in consumer lifestyle, and the amount of disposable income, households are also using contract cleaning services. China is anticipated to be the second largest market after the US market, with construction activities in North America predicted to have a very good position or a very good share in the market for contract cleaning services.
In terms of revenue share, the Asia Pacific region is expected to grow at the fastest CAGR. This is related to increasing disposable money, population expansion, and heightened health and hygiene consciousness, especially in developing countries like China and India. The demand for cleaning services will rise during the forecast period as a result of the increased building activity in these nations brought on by rising urbanization.
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REQUEST FREE CUSTOMIZATIONCleaning Services Market size was valued at USD 63259.2 million in 2019 and is poised to grow from USD 67371.05 million in 2023 to USD 111498.8 million by 2031, growing at a CAGR of 6.5% in the forecast period (2024-2031).
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Report ID: SQMIG20N2015