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Global Cleaning Services Market Size To Worth USD 729.47 Billion By 2033 | CAGR of 6.50%

11 Apr 2024 8:42 AM | IJCSA - (Administrator)

Global Cleaning Services Market Size To Worth USD 729.47 Billion By 2033 | CAGR of 6.50%

- The Global Cleaning Services Market Size is to Grow from USD 388.43 Billion in 2023 to USD 729.47 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.50% during projected period.

The global cleaning services market is expected to grow due to increasing demand for sustainability, employee wellness, and hygiene. Rapid urbanization, smart city garbage management, and the adoption of new technology, such as autonomous sweepers, are driving growth in the industry. However, the labor shortage is a result of inadequate training, an aging workforce, and changing employment conditions, affecting market growth and negatively impacting company goodwill due to flexible work arrangements. Hence, these factors may impede the market growth of the global cleaning services market during the forecast period.

More at source: Yahoo Finance

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