
Housekeeping is an essential part of the facility management market in Egypt. The market is in the early stages of growth and is fragmented with local and global companies providing services to customers. Market clients are very price sensitive and are not aware of the importance of facility management services, which leads to low market penetration.
In terms of ancillary services, housekeeping, including cleaning, was a major contributor to revenue generation for the industry in 2018, as it was the most basic service of all. required by all industries. The need for housekeeping also increased in government offices.
Going forward, the Egyptian Facility Management Market in terms of revenue is projected to grow at a positive CAGR during 2028-2023E. Upcoming airport construction projects and smart city plans, along with the proliferation of multinational companies in the country, will drive demand for facility management.
A changing economy requiring massive infrastructure development coupled with the government's growing concern about terrorism and other bad behavior leads to a huge demand for services facility management. Hardware services, on the other hand, have a relatively lower market share in terms of revenue. , Software services including human security, sanitation, landscaping, waste management, pest control and others led the facility management market in Egypt in terms of revenue for the year. 2018.Demand for these services is expected to continue to grow as the economy grows and infrastructure continues to grow.
However, there are certain challenges that need to be addressed for the facilities management market to reach its full potential. The lack of awareness of the importance of project management services among clients is a major challenge that needs to be addressed. In addition, the high unemployment rate leading to increased immigration is attracting the attention of the government.
In summary, housekeeping is an important part of the facility management market in Egypt and is expected to continue to grow in the future.The demand for housekeeping services is expected to increase as the economy grows and infrastructure continues to grow. However, challenges such as lack of customer awareness need to be addressed for the market to reach its full potential.
About the author:
Wael AlKhadraa is the Senior Director of Housekeeping - Europe, Middle East and Africa at Four Seasons Hotels and Resorts.