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Canada Facility Management Market, By Service, By Type, By Application, By Region, 2017-2027

Canada Facility Management Market, By Service, By Type, By Application, By Region, 2017-2027

  • June 2022
  • 134 pages
  • ID: 5365589
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

Canada Facility Management Market, By Service (Property, Cleaning, Security, Catering, Support, Others), By Type (Hard, Soft), By Application (Industrial, Commercial {Healthcare (Hospitals, Senior Living in Retirement Homes, Long Term Care), Education Institutions (Universities, Colleges, Schools), Corporate Office and Others}), By Region, 2017-2027

Canada facility management market was valued at USD 21.89 billion in 2021 and is expected to grow at a CAGR of 6.35% in the forecast period, 2023-2027, to reach USD31.33 billion by 2027. The market is driven by favorable government policies promoting infrastructural development and the booming real estate industry across the country. The construction of smart cities and the growing acceptance of facility management solutions in educational institutions, residential and corporate sectors are accelerating the demand for facility management services. Also, the advent of cloud-based facility management systems and the rise in demand for solutions integrated with intelligent software systems are expected to create lucrative growth opportunities for the Canada facility management market over the next five years.
The development of the construction and infrastructure sector and the high-end investments by the leading authorities are accelerating the construction and renovation of existing buildings in the country.New and existing buildings and other infrastructure require facility management service providers to provide enhanced comfort and convenience to their residents.

Therefore, the high demand from the real estate sector is expected to accelerate the market demand.
The Canada facility management market is divided into service, type, application, regional distribution, organized vs. unorganized and competitive landscape. Based on service, the market is divided into the property, cleaning, security, catering, support, and others. The cleaning segment led the market in 2021 and accounted for 25.44% of the overall market share and is expected to maintain its dominance over the next five years. The growing importance of a hygienic and clean environment in the workplace and the ongoing construction activity of organizations are driving the demand for cleaning services across the country.
The major market players operating in the Canada facility management market are CBRE Group, Inc, Brookfield Global Integrated Solutions Canada LP, Jones Lang LaSalle Real Estate Services Inc, Cushman & Wakefield Facility Management Services Inc, SNC-Lavalin Operations & Maintenance Inc, and Aecon Group Inc., others.

Years considered for this report:

Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F

Objective of the Study:

• To analyze the historical growth in the market size of the Canada facility management market from 2017 to 2021.
• To estimate and forecast the market size of Canada facility management market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast the Canada facility management market based on service, type, application, regional distribution, organized vs. unorganized and competitive landscape.
• To identify the dominant region or segment in the Canada facility management market.
• To identify drivers and challenges for the Canada facility management market.
• To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in the Canada facility management market.
• To identify and analyze the profiles of leading players operating in the Canada facility management market.
• To identify key sustainable strategies adopted by market players in the Canada facility management market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of service providers across the country.

Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.

Through this technique, the analyst could include the service providers who could not be identified due to the limitations of secondary research. The analyst examined the service providers, distribution channels and presence of all major players across the country.
The analyst calculated the market size of the Canada facility management market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size.

Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.

Key Target Audience:

• Facility management service providers
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to facility management
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Canada facility management market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Canada Facility Management Market, By Service:
o Property
o Cleaning
o Security
o Catering
o Support
o Others
• Canada Facility Management Market, By Type:
o Hard
o Soft

• Canada Facility Management Market, By Application:
o Industrial
o Commercial
Healthcare (Hospitals, Senior Living in Retirement Homes, Long Term Care)
Education Institutions (Universities, Colleges, Schools)
Corporate Office
Others

• Canada Facility Management Market, By Organized Vs. Unorganized:
o Organized
o Unorganized
• Canada Facility Management Market, By Region:
o Alberta
o Quebec
o Ontario
o British Columbia
o Saskatchewan and Manitoba
o Rest of Canada

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Canada facility management market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:
NOTE: The scope of the report is limited to Industrial & Commercial Application. Residential Application of Facility Management is excluded from the overall scope

Company Information

Detailed analysis and profiling of additional market players (up to five).

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