“High unemployment rate and increasing FDI and in the country has driven the growth of facility management market in Egypt”.
Urbanization has led to an Increase in the Demand for Facility Management Services: The urbanization strategy by the Government of Egypt has led to the construction of several new cities in the country. Increasing infrastructural development, including both residential and commercial building, has triggered the demand for facility management services in the country.
Lack of awareness and unskilled manpower in Egypt: The labour intensive facility management industry requires huge capital investment in training the unskilled labour before assigning duties to them. Moreover, failure of the clients to recognize the potential contribution of facility management services to increase business profitability and productivity can hamper the growth of the Facility Management industry in Egypt. These are some major challenges faced by facility management service providers in Egypt.
Growing Government Concern for Terrorism and Crime: Increasing crime in the country has forced the government to adopt stringent policies. Government is appointing agencies and security service providers to ensure law and order in the country. This in turn has augmented the demand for facility management services in the country leading to the growth of sector man guarding services in the country.
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)Egypt Facility Management Market Outlook to 2023- By Soft Services and Hard Services, By Type of Soft and Hard Services, By Integrated Facility Services, Bundled Services and Single Services, By In-house Personnel and Outsourced Personnel and By End User Sectors (Industrial, Commercial, Residential and Others)” by Ken Research suggested that the Facility Management market in Egypt is at its early growth stage and has been growing from 2013 due to rising number of Infrastructure Projects in the country. The market is forecasted to grow with a positive CAGR of 9.6% in terms of revenue during the forecasted period 2018-2023E.
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
Facility Management Businesses Egypt
Facility Management Services Cairo
Facility Management Services in Cairo
Egypt Infrastructural Projects
Egypt Commercial Projects
Security Services Egypt
Security Services Cairo
Housekeeping Services Egypt
Cleaning Services Egypt
Cleaning Services Cairo
JLL FM Services
CBRE FM Services
For more information, refer to below link:
Egypt Facility Management Market Outlook to 2023
Related Reports
Global Integrated Facility Management (IFM) Market Status and Future Forecast 2015-2024
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Ken Research
Ankur Gupta, Head Marketing & Communications
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