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
For more information, refer to below
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Research
Ankur
Gupta, Head Marketing & Communications
+91-9015378249