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.
The 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
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