Egypt Facility Management Market is driven by Growth in the Services Sector and Number of Infrastructure Projects Owing to the Country’s Urbanization Plan: Ken Research

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“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

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

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Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

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