Cleaning Services Market  Analysis Report 2024: Market to Grow by a CAGR of 6.83 to 2032, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Key Insights

The Cleaning Services Market size was valued at USD 375.32 USD Billion in 2023 and is projected to reach USD 596.01 USD Billion by 2032, exhibiting a CAGR of 6.83 % during the forecast period. Cleaning services are provided by the industry that professionally deals with the cleaning phenomenon and maintenance of hygiene in all environments ranging from residential homes to commercial businesses. These services cover all areas extending to dusting, sweeping, mopping and sanitizing surfaces to get a clean and stress-free area. The types of cleaner services could be divided into three categories: residential, commercial, janitorial, and specialized cleaning services that cover the healthcare and hospitality industries. The characteristics of cleaning service mostly comprise customized cleaning schedules, eco-friendly cleaning chemicals, and professionals who are adequately processed with modern cleaning technology. A party of cleaning services can be applied anywhere, from homes, offices, and schools to hospitals and hotels. The needs of individuals or organizations may vary depending on where it is used. The advantages of professional cleaning services are clean indoor air, minimization of the possibilities of illnesses, high beautification, increased productivity and tranquillity of mind knowing that cleanliness standards to the best are achieved.

Cleaning Services Trends

The increasing demand for cleaning services in various sectors such as healthcare, hospitality, and commercial buildings Rising concerns about hygiene and cleanliness, especially after the COVID-19 pandemic Technological advancements, such as the use of robotics and artificial intelligence, in cleaning operations Growing adoption of green cleaning practices and sustainable cleaning products

Driving Forces: What's Propelling the Cleaning Services Market

Increased awareness of the importance of hygiene and cleanliness Expansion of commercial real estate and hospitality sectors Growth in healthcare and wellness industries Government regulations and standards promoting cleanliness Outsourcing of cleaning services to specialized companies

Challenges and Restraints in the Cleaning Services Market

Fluctuating prices of cleaning supplies and equipment Labor shortages and rising wages for cleaning professionals Competition from informal cleaning service providers Potential impact of technological advancements on job displacement

Emerging Trends in Cleaning Services

Use of smart cleaning technologies, such as UV disinfection and IoT-connected devices Integration of cleaning services with facility management systems Adoption of environmentally friendly cleaning practices Personalized cleaning services tailored to specific customer needs Development of autonomous and robotic cleaning systems

Growth Catalysts in the Cleaning Services Industry

Government initiatives to promote hygiene and cleanliness Rising demand for post-construction and disaster recovery cleaning services Growing awareness about indoor air quality and the impact of cleaning on health Expansion of cleaning services into niche markets, such as specialized equipment cleaning

Market Segmentation: Cleaning Services Analysis

Type:

• Window Cleaning
• Floor Care & Vacuuming
• Others

End User:

• Residential And Commercial

Leading Players in the Cleaning Services Market

• ABM Industries Inc. (U.S.)
• The ServiceMaster Company, LLC (U.S.)
• CleanNet USA, Inc. (U.S.)
• Anago Cleaning Systems (U.S.)
• Jani-King International, Inc. (U.S.)
• Pritchard Industries (U.S.)
• TemcoUK Facility Services Limited (U.K.)
• Stanley Steemer International, Inc. (U.S.)
• Duraclean Corporation (U.S.)
• Molly Maid (U.S)

Significant developments in the Cleaning Services Sector

• October 2023 - Principle Cleaning Services partnered with Skyline Robotics to bring autonomous window-cleaning robots to London.
• September 2023 - United Global, specializing in providing commercial services for cleaning in Western Australia, partnered with Perth Glory.
• July 2023 - The ServiceMaster Company, LLC. partnered with Aspire Software to provide commercial cleaning business management system technology for the effective growth of the organization.
• September 2022 – OCS Group International launched an artificial intelligence (AI)-powered cleaning robotic floor scrubber 75 by partnering with Christchurch Airport, nicknamed OSCA.
• March 2022 - Office Pride Commercial Cleaning Services, which provides commercial solutions, announced its partnership with Three20 Capital Group and Trivest Partners.

Comprehensive Coverage Cleaning Services Market Report

This comprehensive and meticulously curated report offers an in-depth analysis of the global cleaning services market, providing valuable insights into its intricate dynamics and growth trajectory:

• Granular Market Segmentation: A comprehensive breakdown of the market based on key parameters, such as type, application, end-user industry, and geographical region, providing a clear understanding of the market's structure.
• Competitive Landscape Analysis: Detailed profiles of prominent players in the cleaning services market, showcasing their market share, product portfolio, financial performance, and strategic initiatives.
• Market Trends and Technological Advancements: Identification and analysis of emerging trends and technological breakthroughs shaping the market, such as the adoption of robotic cleaning solutions, IoT-enabled cleaning systems, and AI-powered optimization.
• Growth Projections and Future Outlook: Comprehensive market projections and growth forecasts, backed by in-depth research and industry expert insights, providing a clear perspective on the market's trajectory.
• Drivers, Restraints, and Opportunities: A thorough exploration of the factors influencing the market's growth, including key industry drivers, potential market restraints, and untapped opportunities that can fuel future expansion.

Regional Insight

The Asia-Pacific region is anticipated to witness significant growth during the forecast period due to rapid urbanization and increasing disposable income. North America is another major region, where the presence of key players and high demand for cleaning services in healthcare and commercial sectors contribute to market growth. Europe holds a considerable share in the market due to stringent regulations and growing awareness about hygiene and cleanliness.

Consumer Side Analysis

• Consumers are becoming increasingly aware of the importance of hygiene and cleanliness, leading to increased demand for professional cleaning services.
• There is a growing preference for eco-friendly and sustainable cleaning practices among consumers.

DROCs

• The market is expected to be driven by the rising adoption of robotic cleaning solutions and the increasing outsourcing of cleaning services.
• Technological advancements, such as AI and IoT, are anticipated to further enhance the efficiency and effectiveness of cleaning services.

Acqui-Merger

• Several mergers and acquisitions have occurred in the market, as companies seek to expand their geographic reach and enhance their service offerings.
• Key examples include the acquisition of Able Services by ABM Industries Inc. and the merger between Jani-King International, Inc. and Coverall North America, Inc.