Brazil Janitorial Service Market Size & Outlook, 2023-2030
Brazil janitorial service market, 2018-2030 (US$M)
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Brazil janitorial service market highlights
- The Brazil janitorial service market generated a revenue of USD 14,367.5 million in 2023 and is expected to reach USD 16,951.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 2.4% from 2024 to 2030.
- In terms of segment, standard cleaning was the largest revenue generating end use in 2023.
- Floor Care Services is the most lucrative end use segment registering the fastest growth during the forecast period.
Janitorial service market data book summary
| Market revenue in 2023 | USD 14,367.5 million |
| Market revenue in 2030 | USD 16,951.6 million |
| Growth rate | 2.4% (CAGR from 2023 to 2030) |
| Largest segment | Standard cleaning |
| Fastest growing segment | Floor Care Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Standard Cleaning, Damage Restoration Cleaning, Exterior Window Cleaning, Floor Care Services |
| Key market players worldwide | International Business Machines Corp, Stanley Steemer, AEON Fantasy Co Ltd, MITIE Group PLC ADR, ServiceMaster, Coverall, Jani King, ISS A/S ADR, Wisag |
Other key industry trends
- In terms of revenue, Brazil accounted for 5.1% of the global janitorial service market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil janitorial service market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 16,951.6 million by 2030.
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Janitorial Service Market Scope
Janitorial Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil janitorial service 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 janitorial service market will help companies and investors design strategic landscapes.
Standard cleaning was the largest segment with a revenue share of 63.11% in 2023. Horizon Databook has segmented the Brazil janitorial service market based on standard cleaning, damage restoration cleaning, exterior window cleaning, floor care services covering the revenue growth of each sub-segment from 2018 to 2030.
As companies across Brazil transition back to in-person work after the pandemic, there has been a notable increase in the demand for office spaces. This shift is evidenced by a 5.18% increase in office rental prices in June 2023, surpassing the 3.16% inflation rate for the same period the year before, according to the FipeZap index, which measures real estate prices.
According to an article by The Brazilian Report posted in September 2023, the surge in demand for office spaces also impacted vacancy rates, which reached a record low of 13.6% in Q1 2020 but are now expected to decrease further as more companies return to office work.
This trend is likely to boost the demand for janitorial service since offices require regular cleaning and maintenance to ensure a safe and hygienic working environment. Doinn S.A. is a comprehensive SaaS platform that uses technology and partnerships with hotel janitorial providers to improve the quality and efficiency of local accommodations.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil janitorial service market , including forecasts for subscribers. This country databook contains high-level insights into Brazil janitorial service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil janitorial service market size, by end use, 2018-2030 (US$M)
Brazil Janitorial Service Market Outlook Share, 2023 & 2030 (US$M)
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