The global janitorial services market is primarily segmented into two categories: residential and commercial. The residential market consists of maid services, window, carpet, window and other services. The commercial cleaning segment primarily focuses on window cleaning, vacuuming, floor care, and related services.
Among the two segments, the commercial segment accounts for a relatively larger share of the janitorial services market. Janitorial service is a highly labor intensive market and growth of the market largely depends on growth of the real estate market.Due to its dependence on the real estate market, the janitorial services market suffered a downturn during the economic recession post-2008. The market also suffered a decline due to collapse of various mortgage obligations. Many government entities and industrial companies make a long-term contract to clean facilities, such trends help in the growth of global janitorial services market.
More at source: SAT
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