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US Professional Cleaning Services Markets 2021-2026 - Increased Demand for Green Cleaning Services / Outbreak of COVID-19 Pandemic / Rise of Robotic and Automated Cleaners
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Contract Cleaning Services Market to grow by $ 123 46 billion|17000+ Technavio Research Reports
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The Canadian Facility Management Market stood at USD32.17 billion in 2020 and is forecast to grow at a CAGR of over 6.35% until 2026.
Growth in the facility management market is driven by growing housing market, smart cities development and rapid infrastructure development in the country. Furthermore, booming Internet of Things (IoT) market, integration of facility management in building design and increasing demand for cyber and information security management is expected to positively influence the Canadian Facility Management Market in the coming years.
Based on services, the market is segmented into property, cleaning, security, catering, support and others. Cleaning services dominated the market in 2020 and is expected to maintain its market dominance during the forecast period, backed by growth in the country s industrial and commercial sectors.
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CHICAGO, May 13, 2021 /PRNewswire/ In-depth analysis and data-driven insights on the impact of COVID-19 included in this global commercial hand dryer market report.
The commercial hand dryer market is expected to grow at a CAGR of approximately 8% during the period 2020-2026. This report includes market share in terms volumes during the forecast period.
Key Highlights Offered in the Report:
The global commercial hand dryer market would realize an absolute growth of 57% in terms of revenue and 59% in terms of unit sales between 2020 and 2026.
Various technological innovations such as IoT and sensing technology is expected to propel the commercial hand dryer market. Thus, retail sales for jet air hand dryer are expected to reach over 486 thousand units by 2026 in APAC with a CAGR of around 9% during forecast period.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at par impact on the air particle monitor system market.
Frequently Asked Questions:
Based on segmentation by Application, which is the leading segment in the market?
The indoor application segment will continue to garner the largest market share during the next few years.
What are the major trends in the market?
Increasing construction of green buildings and surging incidences of air pollution globally will influence the market positively in the next few years.
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