The Egypt Facility Management Services Market size was estimated at USD XX billion in 2020 and is expected to hit around USD XX billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 6.54% from 2022 to 2030.
Egypt Facility Management Services Market: Breakup by Region, 2022 & 2031
Source: Primary Research and Secondary Research Analysis
Facility management service is the comprehensive management of an organization’s physical workplace, infrastructure, and assets to ensure their optimal functioning, safety, and efficiency. Maintenance and repair, cleaning, security, environmental management, space management, and energy management are just a few of the activities covered by facility management services.
Office buildings, hospitals, schools, airports, and manufacturing plants all require facility management services. These services ensure that the organization’s physical environment is conducive to the smooth operation of its operations and the comfort of its occupants. Organizations can focus on their core operations by outsourcing facility management services, leaving the maintenance and management of their physical facilities to specialised service providers.
Given the increasing complexity of building systems and the need to comply with health and safety regulations, the role of facility management services has become increasingly important in recent years. As a result, facility management services have become an essential component of the modern workplace, assisting organisations in operating efficiently, lowering costs, and providing a safe and healthy working environment for their employees.
Egypt’s facility management service market has been steadily expanding in recent years, owing to the country’s emphasis on infrastructure development, the expansion of the construction sector, and rising demand for outsourced services.
Large international facility management companies with a significant presence in the country, such as JLL, CBRE, and ISS, dominate the market. However, there are also a significant number of local facility management companies operating in Egypt, particularly in the areas of cleaning, security, and maintenance services.
Several factors drive demand for facility management services in Egypt, including the growth of the real estate sector, the need to maintain and upgrade existing infrastructure, and the growing emphasis on energy efficiency and sustainability. Demand for facility management services in Egypt is primarily driven by the commercial and industrial sectors, particularly in Cairo, Alexandria, and Giza.
Egypt Facility Management Services Market
The lack of skilled labour, particularly in technical and specialised areas such as energy management and environmental services, is one of the main challenges confronting Egypt’s facility management market. Another challenge is the market’s high level of competition, which puts pressure on prices and margins.
Finally, the facility management service market in Egypt is expanding rapidly, owing to the country’s emphasis on infrastructure development and rising demand for outsourced services. The market is dominated by large international players, but there are also many local companies operating in the sector. The commercial and industrial sectors are the primary drivers of demand, and the market faces challenges in terms of labour skills and competition.
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