U.K. Facility Management Market Analysis

U.K. Facility Management Industry Analysis

Service Insights

• The property category will hold the largest market share, of 35%, in 2024, and it is expected to do the same in the coming few years.
• Property services include repairs, landscaping, building maintenance, and energy management.
• These services significantly contribute to the long-term valuation of the real estate property assets.
• Since real estate is a significant asset for many businesses, property services, such as administration and upkeep, are crucial to preserving and enhancing these significant assets.
• Additionally, as improved technology systems are being incorporated into buildings, the significance of advanced property services has grown to enhance safety and energy efficiency.

The services included in the report are:

• Property (Largest Category)
• Cleaning (Fastest-Growing Category)
• Security
• Catering
• Support
• Others

Type Insights

• The soft category will hold the larger market share, of 65%, in 2024 because several businesses employ these services to effectively handle everyday duties and maintain a clean, comfortable atmosphere.
• Additionally, these services are significant for maintaining a positive environment.
• A few soft facility management services also offer fleet management, transportation services, and delivery of goods.

The types analyzed in this report are:

• Soft (Larger Category)
• Hard (Faster-Growing Category)

End User Insights

• The commercial category will hold the largest market share in 2024 because it includes an extensive range of facilities, such as hospitals, parks, office buildings, and retail shops, which require regular facility management services.
• To create an improved and secure environment for guests, staff, and customers, many property owners need high-quality services.
• The growing commercial real estate contributes to the growth of the market by continuously offering new opportunities for facility management services.

The end users included in this report are:

• Industrial
• Commercial (Largest Category)
• Residential (Fastest-Growing Category)

Industry Insights

• The organized category is dominating the market in 2024, and it is expected to grow at a faster CAGR of 14.4% in the forecast period.
• Organized facility management firms can manage an extensively varied portfolio of properties.
• Additionally, they comply with the strict quality, safety, and environmental regulations, which help in the assurance of quality services and the attraction of institutional clients.

The industries included in the report are:

• Organized (Larger and Faster-growing Category)
• Unorganized

Mode Insights

• The outsourcing category will hold the larger market share, in 2024 and is expected to grow at the higher CAGR, of 14.5%, in the forecast period.
• This is because outsourcing is one of the most-efficient and cost-effective strategies for companies.
• It facilitates businesses' concentration on and their efficient use of resources for their core operations.
• Moreover, outsourcing agreements can be customized as per the demands of organizations, the exact nature of the property, and the extent of service required.
• Outsourcing this aspect can also offer access to advanced technologies that are quite difficult to be available internally.

The modes included in this report are:

• Outsourced (Larger and Faster-Growing Category)
• Inhouse