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Contract Cleaning Market on the Rise

The global market for contract cleaning services is expected to reach US$468.2 billion by 2027 with a compounded annual growth rate—or CAGR—of 6.1%, according to a new study from market research firm Grand View Research Inc..

The report forecasts that increased awareness about hygiene and safety in the workplace, which results in improved employee productivity, combined with a growing inclination for the use of environmentally friendly products will drive the market According to the study, the Asia-Pacific region will be the most lucrative market for growth due to its increased construction activity and shift towards outsourced cleaning services.