South Korea Contract Cleaning Services Market Size & Outlook
South Korea contract cleaning services market, 2017-2030 (US$M)
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South Korea contract cleaning services market highlights
- The South Korea contract cleaning services market generated a revenue of USD 10,107.2 million in 2023 and is expected to reach USD 17,411.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, floor & carpet cleaning was the largest revenue generating service type in 2023.
- Upholstery Cleaning is the most lucrative service type segment registering the fastest growth during the forecast period.
Contract cleaning services market data book summary
| Market revenue in 2023 | USD 10,107.2 million |
| Market revenue in 2030 | USD 17,411.8 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Floor & carpet cleaning |
| Fastest growing segment | Upholstery Cleaning |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Window Cleaning, Floor & Carpet Cleaning, Upholstery Cleaning, Construction Cleaning |
| Key market players worldwide | ABM Industries Inc, Sodexo, MITIE Group PLC, Vanguard CA Long-Term Tax-Exempt Inv, Stanley Black & Decker, Healthcare Services Group Inc |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.8% of the global contract cleaning services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China contract cleaning services market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 34,911.5 million by 2030.
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Contract Cleaning Services Market Scope
Contract Cleaning Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea contract cleaning services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to contract cleaning services market will help companies and investors design strategic landscapes.
Floor & carpet cleaning was the largest segment with a revenue share of 31.73% in 2023. Horizon Databook has segmented the South Korea contract cleaning services market based on window cleaning, floor & carpet cleaning, upholstery cleaning, construction cleaning covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of South Korea contract cleaning services market databook
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Our clientele includes a mix of contract cleaning services market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea contract cleaning services market , including forecasts for subscribers. This country databook contains high-level insights into South Korea contract cleaning services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea contract cleaning services market size, by service type, 2017-2030 (US$M)
South Korea Contract Cleaning Services Market Outlook Share, 2023 & 2030 (US$M)
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