Persistence Market Research

Janitorial Services Market - Global Industry Analysis and Forecast 2014 to 2020

Persistence Market Research is released upcoming report on title "Janitorial Services Market: Global Industry Analysis and Forecast 2014 to 2020".


New York, NY -- (SBWIRE) -- 12/26/2014 -- Janitorial services,also known as cleaning services, are generally used to keep workplaces free from unsightly dirt and provide a clean and germ-free environment. Cleaning is one of the most commonlyoutsourced services in various facilitiessuch as educational buildings, corporate buildings, hotels, hospitals, retail outlets, and commercial and residential buildings. Janitorial services include both indoor and outdoorcleaning services,which includecleaning, trash pickup, floor polishing, and window washing.

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The global janitorial services market isprimarily segmented into two categories: residential and commercial. The residential market consists of maid services, window, carpet, window and other services . The commercial cleaning segment primarily focuses on window cleaning, vacuuming, floor care, and related services.Among the two segments, the commercial segment accounts for arelatively-larger share in the janitorial services market. Janitorial service is a highly-labor intensive market and growth of themarketlargely depends on growth of the real estate market.Due to itsdependenceon thereal estate market, the janitorial services market suffered a downturn during the economic recessionpost 2008. The market also suffered decline due to collapse of various mortgage obligations .Many government entities and industrial companies makes long term contract to clean facilities, such trends helps in the growth of global janitorial services market .

Many companies outsource their building maintenance andcleaning services, in order to reduce cost .Through outsourcing, the janitorial services industry creates many employments. Introduction of latest janitorial equipment in the market provides a competitive edge to the janitorial service industry . Such new cleaning equipment provides better janitorial service and this also helps in the growth of janitorial services market.

Some of the major global companies such as ABM Industries and ServiceMaster offervariousjanitorial services. They together hold more than 35% share ofthe global janitorial services market. Introduction of new technologiesand solutions to clean properties efficiently and safely, and process improvements are expected to boost growth ofthe global janitorial services market during forecast period.

Asia Pacific is one of the prominent markets for janitorial services. Rising economy and escalating construction of commercial and non-commercial buildingsin the region further increase demand for janitorial services. China and India are the two major countries in Asia pacific, which hold the highest share in the janitorial services market. In North America, the U.S. holds the largest market share and is expected to grow at thefastest rate during the forecast period. The global janitorial services market is expected to grow at a single-digit growth rate during the forecast period from 2014 to 2020.

Some of the major companies operating in the global janitorial market areABM Industries, CleanNet USA, Jani-King Internationa,ServiceMaster, Anago Cleaning Systems, Chem-Dry, Jan-Pro International, Aramark,Stanley Steemer, BONUS Building Care, Coverall, Pritchard Industries, Red Coats, UGL Unicco Services, Sodexo, and Vanguard Cleaning Systems.

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Key points covered in the report:

1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)

2) The report covers geographic segmentation

North America

3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020

4) The report provides company profiles of some of the leading companies operating in the market

The report also provides porters five forces analysis of the market.

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