Global Janitorial Services Industry to 2027

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Global Janitorial Services Market

Global Janitorial Services Market

Global Janitorial Services Market

Dublin, July 13, 2022 (GLOBE NEWSWIRE) — The “Janitorial Services Market – Forecast 2022 to 2027” report has been added to from ResearchAndMarkets.com offer.

A concierge is a person or business that specializes in providing personal assistance or other support services such as lifestyle management, household management, making vacation plans, travel, transport, etc., and offers such tailor-made solutions to its customers (generally private individuals) at a variable charge. The intention is to save customers time by performing routine or specialized tasks on their behalf.

Due to the ever-changing business climate, technological improvements and long working hours of industry professionals, concierge services are indeed a relatively recent addition to the luxury market. People’s lives have been hampered by these restrictions, which have led to a reduction in time. They now wish for more time or even for someone to complete the task for them so they can focus on more essential things. The business strategy for concierge services capitalizes on this requirement.

The industry for these services is driven by emerging countries and rising consumer income levels worldwide. The booming hospitality industry, which has led to increased operational issues in hotels, restaurants, and travel agencies, is likely to drive employee adoption of concierge services. Concierge service operators save time on paperwork, allowing them to provide better and faster service to their customers. The service provider in the tourism sector follows all passport and visa procedures, baggage and customs regulations that facilitate the travel of travelers. The demand for personalized services in the travel and hospitality sectors is therefore expected to increase.

Over the forecast period, advanced technology will promote the use of these services. These technologies ensure that human intervention is kept to an absolute minimum. The integration of artificial intelligence helps adapt to changing customer vacation plans by providing multiple solutions. The Hyatt Hotel chain, for example, uses social media to connect and understand customer needs.

According to the type of assistance, the janitorial services industry is divided into transport and HoReCa & entertainment. Shortly, the transportation assistance industry is expected to rise at a considerable CAGR. Customers who travel regularly use concierge services to determine the most efficient route to their destination and to improve their overall experience. Service providers are familiar with the socio-cultural factors of travel and ensure that the best level of service is provided. During the forecast period, the HoReCa and entertainment segment is expected to grow at a steady pace and hold the largest share. Spa services, transportation, meal reservations, customer support, and event tickets are all things Concierge Services can help with. When travelling, these services have an impact on young people.

The janitorial services market is divided into corporate and personal segments based on the end user. The personal user group should grow rapidly. These concierge services are favored by single-parent families, managers and senior executives who are changing jobs. Over the projected period, the category is expected to increase due to the growing popularity of the younger generation and their willingness to pay more for luxury hotels and restaurants. Additionally, the increasing prevalence of event planning and growing need to organize annual celebrations and corporate parties is driving the market growth in the business user category.

Asia-Pacific is expected to grow at the fastest rate over the projection period. The existence of wealthy people in countries like India, China, and Japan helps in the expansion of the market. China recorded 819 billionaires in 2018, according to CEOWORLD magazine, the most in the world by geographical proportion. Also, transportation support services are likely to drive the expansion of the market.

Impact of COVID-19

The global janitorial services market has been heavily impacted by the COVID-19 pandemic. Due to lockdown restrictions, the coronavirus has negatively impacted all travel and transit activities. Due to the absence of requests for services from corporate and private concierge services, the turnover of the main players is down.

Additionally, amid the outbreak, companies are focusing on meeting consumer demands remotely or through online services. Domestic flights are increasingly available around the world, which should help the growth of the travel industry. Accordingly, the janitorial services industry is expected to grow at a steady rate over the projection period.

Main topics covered:

1. Introduction

2. Research methodology

3. Executive Summary

4. Market dynamics
4.1. Market factors
4.2. Market constraints
4.3. Analysis of the five forces of carriers
4.3.1. Bargaining power of end users
4.3.2. The bargaining power of buyers
4.3.3. The threat of new entrants
4.3.4. The threat of substitutes
4.3.5. Competitive rivalry in the industry
4.4. Industry Value Chain Analysis

5. Janitorial Services Market Analysis, By Type of Assistance
5.1. Introduction
5.2. Transportation
5.3. HoreCa & Entertainment
5.4. Others

6. Janitorial Services Market Analysis, By End User
6.1. Introduction
6.2. Company
6.3. Personal

7. Janitorial Services Market Analysis, By Geography
7.1. Introduction
7.2. North America
7.2.1. UNITED STATES
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Others
7.5. The Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. Israel
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
7.6.7. Taiwan
7.6.8. Others

8. Competitive environment and analysis
8.1. Key Players and Strategic Analysis
8.2. Emerging players and market profitability
8.3. Mergers, acquisitions, agreements and collaborations
8.4. Supplier Competitiveness Matrix

9. Company Profiles
9.1. Knightsbridge Circle
9.2. Quintessential Group
9.3. My Concierge
9.4. Pure Entertainment Group
9.5. Velocity Black
9.6. The Fixer Lifestyle Group
9.7. Sky Premium International
9.8. The Billionaire Janitor
9.9. Well living

For more information on this report, visit https://www.researchandmarkets.com/r/9l7ilk

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