Market Size of Europe Soft Facility Management Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Soft Facility Management Market Analysis
The Europe Soft Facility Management market revenue is expected to grow at a CAGR of 3.0% over the next five years. Key soft facility management companies, such as Cbre group Inc, Mitie Group PLC, Emcor Facilities Services WLL, Atlas FM Ltd, and Sodexo Inc., are constantly innovating by making significant R&D investments.
- Increasing investments in the healthcare sector with new production facilities are expected to drive the growth of the market studied. For instance, in May last year, BD (Becton, Dickinson, and Company) built a USD 200 million high-tech manufacturing facility in Zaragoza, Spain, to support the production of pre-fillable syringes for vaccines and other biologics.
- The market is witnessing multiple strategic acquisitions between the market leaders in these regions. For instance, Samsic acquired Uniserve building cleaning GmbH, a German cleaning and security services provider. The acquisition will strengthen its services in Germany, including hygiene, cleaning, green spaces, snow removal, and safety services.
- Long-term soft facility management services contracts will create new growth opportunities for the market. For instance, A&R services won a new commercial cleaning contract with the Bart Ingredients Company to provide cleaning services in Severn Beach, Bristol.
- The spread of COVID-19 forced the mass closure of workspaces and the implementation of work-from-home policies in most industries, especially in the corporate buildings of the IT and telecommunication sectors, which negatively affected the market. However, for some businesses, the new normal initially meant virus-proofing their offices through short-term fixes, new working patterns, and long-term design upgrades that put hygiene at the core of running the workplace. This positively impacted the region's soft services, such as COVID-19 cleaning services.
- The post-COVID-19 periodhas encouraged the Europe soft facility management vendors to increase investments in mergers and acquisitions to improve service and technology, in order to gain an edge in the market. For instance, in October last year, Levy merged with the Zoove group, a German company that offers facility management to enable SaaS solutions in the cleaning facility management sector. The technological upgrade helps Zoove optimize the planning, analysis, quality management, and communication along with reporting the status of working hours, room status, and cleaning activities in real-time with a mobile application. Therefore, with increased digitization trends, the adoption of modern soft facility management is expected to increase during the forecast period.
Europe Soft Facility Management Industry Segmentation
Europe soft facility management services involve the management of building upkeep, utilities, waste services, maintenance operations, and security, among others.
The Europe Soft Facility Management market is segmented by type (Office Support and Landscaping Services, Cleaning Services, Catering Services, Security Services), by end-user (Commercial, Institutional, Public/Infrastructure, and Industrial), and by Country (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe).
The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.
By Type | |
Office Support and Landscaping Services | |
Cleaning Services | |
Catering Services | |
Security Services | |
Other Types |
By End-User | |
Commercial | |
Institutional | |
Public/Infrastructure | |
Industrial | |
Other End-Users |
By Country | |
Germany | |
United Kingdom | |
France | |
Italy | |
Spain | |
Rest of Europe |
Europe Soft Facility Management Market Size Summary
The Europe soft facility management market is poised for steady growth, driven by increasing investments in sectors such as healthcare and infrastructure. Key players like CBRE Group Inc, Mitie Group PLC, and Sodexo Inc. are actively investing in research and development to enhance their service offerings. The market is experiencing a surge in strategic acquisitions, which are expected to bolster service capabilities across the region. The post-COVID-19 landscape has prompted vendors to focus on technological advancements and mergers to stay competitive, with digitization trends playing a crucial role in shaping the future of soft facility management services. The demand for these services is further fueled by the need for cleaning, security, and maintenance in commercial sectors, alongside the expansion of infrastructure projects.
In the United Kingdom, the soft facility management market is witnessing significant growth, driven by private investments in real estate and the pharmaceutical industry. The healthcare sector, in particular, has seen a rise in demand for facility management services due to increased healthcare expenditure and infrastructure developments. Despite the mixed impact of COVID-19, which led to a decline in project work, innovations such as cleaning robots have opened new avenues for growth. The market remains highly fragmented, with ongoing partnerships and contract renewals, such as ATALIAN's continued association with the Institut Gustave Roussy in France. The focus on long-term contracts and specialized services is expected to further propel the market's expansion in the coming years.
Europe Soft Facility Management Market Size - Table of Contents
-
1. MARKET INSIGHTS
-
1.1 Market Overview
-
1.2 Industry Attractiveness-Porter's Five Forces Analysis
-
1.2.1 Bargaining Power of Suppliers
-
1.2.2 Bargaining Power of Consumers
-
1.2.3 Threat of New Entrants
-
1.2.4 Threat of Substitute Products
-
1.2.5 Intensity of Competitive Rivalry
-
-
1.3 Impact of COVID-19 on the Soft Facility Management Industry
-
-
2. MARKET SEGMENTATION
-
2.1 By Type
-
2.1.1 Office Support and Landscaping Services
-
2.1.2 Cleaning Services
-
2.1.3 Catering Services
-
2.1.4 Security Services
-
2.1.5 Other Types
-
-
2.2 By End-User
-
2.2.1 Commercial
-
2.2.2 Institutional
-
2.2.3 Public/Infrastructure
-
2.2.4 Industrial
-
2.2.5 Other End-Users
-
-
2.3 By Country
-
2.3.1 Germany
-
2.3.2 United Kingdom
-
2.3.3 France
-
2.3.4 Italy
-
2.3.5 Spain
-
2.3.6 Rest of Europe
-
-
Europe Soft Facility Management Market Size FAQs
What is the current Europe Soft Facility Management Market size?
The Europe Soft Facility Management Market is projected to register a CAGR of 3% during the forecast period (2024-2029)
Who are the key players in Europe Soft Facility Management Market?
CBRE Group, Mitie Group PLC, Emcor Facilities Services WLL, Atlas FM Ltd and Sodexo, Inc. are the major companies operating in the Europe Soft Facility Management Market.