UK Contract Cleaning Sector Dynamics Reviewed in Updated MBD Report Published at MarketPublishers.com03 Sep 2012 • by Natalie Aster
LONDON – The contract cleaning market is in part appearing mature, and this combined with the economic circumstances and downward pressure from customers on prices but with an upward pressure from increased costs, means the market is now subject to small annual fluctuations. Nonetheless, it remains the case that the industry believes that market penetration is still only at some 66%, and the apparent maturity of the market is in fact erroneous.
The contract cleaning market is expected to demonstrate annual growth partly reflecting a slow greater penetration of the market but held back by the poor economic performance of the UK in 2012 and the anticipated slow recovery. Costs will be driven up, not least by the minimum wage legislation, and with margins in the sector already very low, there will be little choice for contractors but to pass these on to clients, though this is not reflected in the forecast because of the constant price calculation. By 2016, the UK contract cleaning market is believed to reach EUR 6253 million.
Updated research report “UK Contract Cleaning Market Development Report” prepared by Market and Business Development (MBD) is aimed to give true and unbiased insights into the development of the UK contract cleaning market together with the market size, regional analysis, government employment issues and trends within the sector. An overview of a number of industry players, including a five-year financial analysis as well as a set of key financial ratios, is also provided. The market research study is clearly illustrated with tables and diagrams analyzing five-year historical data together with five-year forecasts.
The report includes all aspects of the commercial and industrial cleaning market that is contracted out – interior cleaning of offices, factories, retail outlets etc; window cleaning; industrial equipment cleaning and disinfecting and extermination services.
UK Contract Cleaning Market Development Report
Published: August, 2012
Price: US$ 1.145,00
More updated and new reports by the publisher can be found at MBD page.