Egypt Facility Management Market Outlook to 2023: Ken Research

The report titled “Egypt Facility Management Market Outlook to 2023- By Soft Services (Housekeeping, Security, Landscaping and Others); Hard Services (Electromechanical and Operational Maintenance, Fire Safety and Security Systems and Civil Maintenance) and By End User Sectors (Industrial, Commercial, Residential and Others)” provides a comprehensive analysis on the Facility Management Market in Egypt.

Egypt Facility Management MarketThe report covers various aspects including overview and market size, market segmentation, trends and development, issues and challenges, SWOT analysis, competitive landscape, market share of major players in facility management market and Trends and Developments. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions.

Market Overview and Size

Facility Management Market in Egypt is fragmented with both domestic and global players offering services to the clients. The market is at early growth stage. The customers in the market are price sensitive and lack awareness about the importance of facility management services which has resulted in low penetration in the market. However, fast track construction of residential, commercial and industrial units along with increasing inflow of Foreign Direct Investment has led to rise in demand for integrated facility services. High rate of unemployment resulting in increasing immigration is gaining government attention.

Egypt Facility Management Market Segmentation

By Soft and Hard Services: Soft services that include manned security, housekeeping, landscaping, waste management, pest control and others dominated the facility management market in Egypt in terms of revenue in the year 2018. The evolving economy demanding for huge infrastructure development along with growing government concern for terrorism and other mal-practices owe to huge demand for Facility Management services. On the other hand, hard services have comparatively less market share in terms of revenue.

By Type of Soft Service (Housekeeping, Security, Landscaping and Others):

Housekeeping including cleaning contributed a major share in terms of generating revenues for the industry in 2018 as it is the most basic service demanded by any sector. The demand for housekeeping has also been increasing in Government Offices.

By Type of Hard Services (Electromechanical and Operational Maintenance, Fire Safety and Security Systems and Civil Maintenance): Electromechanical and Operational Maintenance accounted for maximum market share in terms of revenue in 2018 due to high demand of on-site electrical and mechanical solutions both in commercial and industrial sector. This is followed by the demand for Fire and Security System due to growing construction around the country that has driven the demand for Fire Safety and Security Systems, as these are required by law to be installed in every building. Civil Maintenance had the least market share as cost of hiring local service providers is much cheaper than hiring a facility management company.

By Integrated Facility Services, Bundled Services and Single Services: Single Services contributed the most to the overall revenue of the Facility Management Market in 2018. Price and quality of the service offered along with selection of the company specializing in the service in demand are the key reasons for people opting for single services. Integrated Facility Services occupy the least market share due to client’s inability to opt for such services.

By End User Sector (Industrial, Commercial, Residential and Others): Industrial Sector including factories, plants and other such production spaces and units contributed the most to overall revenue of Facility Management Market in 2018. This is followed by the demand from Commercial, Residential and others.

Competitive Landscape

Facility Management Market in Egypt is fragmented. Contrack FM is the market leader with the highest market share on the basis of revenue in 2018. This was followed by Enova, EFS Facilities Management, IFMC-Apleona Group, Egypro and Others. These players compete in the facility management market in Egypt on the basis of quality of service, brand image, price of service rendered and specific expertise.

Egypt Facility Management Market Future Outlook

In future, it is anticipated that Egypt Facility Management market in terms of revenue will increase at a positive CAGR during the period 2028-2023E. Upcoming airport construction projects and smart city plans along with increasing MNCs in the country will boost the demand for facility management services in Egypt. The government is focusing on improving tourism to generate additional revenue for the country. This will lead to the growth of hospitality sector, ultimately rising the demand for facility management services. It is also expected that the market will witness the emergence of both local and global companies due to growing trend of adopting facility management services in the country.

Key Segments Covered

By Type of Services

Soft Service

Hard Service

By Type of Soft Service

Housekeeping (including cleaning)

Security

Landscaping

Others

By Type of Hard Service

Electromechanical and Operational Maintenance (including HVAC)

Fire Safety and Security Systems

Civil Maintenance

By Integrated Facility Services, Bundled Services and Single Services

Single Service

Bundled Service

Integrated Facility Management

By Personnel Type

In-house Personnel

Outsourced Personnel

By End User

Industrial

Commercial

Residential

Others

Key Target Audience

Facility Management Companies

Facility Management Solution Providers

Consultancy and Advisory Firms

Real Estate Developers

Construction Companies

Hospitals and Schools

Time Period Captured in the Report:

Historical Period: 2013-2018

Forecast Period: 2019-2023E

Companies Covered:

Contrack FM

Enova

EFS Facilities Management

IFMC – Apleona Group

Egypro-FME

CBRE

JLL

Qeema FM

G4S

Savills

ProService

Encorp Facility Management

Emdad Facility Management

Egypt Service

Key Topics Covered in the Report

Executive Summary

Research Methodology

Market Overview

Market Size, 2018

Market Segmentation, 2018

Trends and Development

Issues and Challenges

Regulatory Framework

SWOT Analysis

Competitive Landscape

Company Profiles of Major Players

Future Outlook and Projections, 2018-2023E

Future Segmentation, 2018 – 2023E

Analyst Recommendations

For more information, refer to below link:

Egypt Facility Management Market Outlook to 2023

Related Reports

Australia Facility Management Market Outlook to 2023 – by Single, Bundled and Integrated Services, by Soft (Cleaning, Security and Other Services) and Hard Services (Electromechanical, Operations and Maintenance, Fire and Safety), by End User Sectors

Indonesia Facility Management Market Outlook to 2023 – by Single, Bundled and Integrated Services; by Soft Services (Housekeeping, Security, Landscaping and Others) and Hard Services (Electromechanical Services, Operations and Maintenance Services, Fire Safety and Security Systems), by End User Sectors (Industrial, Commercial, Residential, Infrastructure and Others)

Global Integrated Facility Management (IFM) Market Status and Future Forecast 2015-2024

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

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