Asia Pacific Facility Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific Facility Management Market Report is Segmented by Type of Facility Management (In-House Facility Management, Outsourced Facility Management, Integrated Facility Management (IFM), and Others), Offering Type (Hard FM and Soft FM), and End User (Commercial, Institutional, Public/Infrastructure, Industrial, and Others), Country (China, India, Japan, South Korea, Indonesia, Thailand, and the Rest of Asia-Pacific). ​ the Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Asia Pacific Facility Management Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia Pacific Facility Management Industry Overview

The Asia-Pacific Facility Management Market is fragmented and highly competitive, with diverse firms of different sizes. As businesses continue to make strategic investments to counteract the current slowdowns they are experiencing, it is projected that this sector will see a number of partnerships, mergers, and acquisitions. Customers in this area use FM services to make running their businesses easier. Important providers of solutions and services, like Group Italian, Aeon Delight Co. Ltd (Aeon Co. Ltd), Broadspectrum, Aden Group, and CBRE, are present in the market.

  • In February 2024, CBRE announced the forecasting revenue per available room (RevPAR) and is willing to continue to grow steadily in 2024, driven by improving group business, inbound international travel, and traditional transient business demand. CBRE forecasts a 3.0% increase in RevPAR growth in 2024, where this projected growth indicates the continued recovery of the lodging industry.
  • In December 2023, PM Link Pte Ltd (PM Link), the project management subsidiary of CPG Corporation, signed a Memorandum (MoU) for three years with Air Squire Pte Ltd (Airsquire) to accelerate the pace of digital transformation in the built environment. As part of the MoU, collaboration areas include the co-development and implementation of digital construction monitoring technology, such as 360° site documentation tools, to improve operational efficiency throughout the construction and building value chain.

Asia Pacific Facility Management Market Leaders

  1. Aden Group

  2. Aeon Delight Co., Ltd. (Aeon Co Ltd)

  3. Group Atalian

  4. Broadspectrum (Ventia)

  5. CBRE

  6. *Disclaimer: Major Players sorted in no particular order
Asia Pacific Facility Management Market Concentration

Asia Pacific Facility Management Market Report Snapshots

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