Janitorial Services in Canada Industry Market Research Report from IBISWorld Has Been Updated

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Heightened new business growth and a projected rise in the value of nonresidential construction will broaden operators' potential customer base and cleaning space further. For this reason, industry research firm IBISWorld has updated a report on the Janitorial Services industry in its growing industry report collection.

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Heightened business growth and a rise in construction will increase demand

The Janitorial Services industry is expected to post modest growth in five years to 2015. Demand for commercial cleaning services, this industry's primary product segment, increased as rising corporate profit led to business expansions, and appreciating real estate values boosted nonresidential construction activity. In addition, new business growth during the past five years broadened operators' potential customer base. As a result, industry revenue is expected to increase in the five years to 2015.

However, much of this growth is the result of the industry rapidly rebounding from the Canadian recession. According to IBISWorld Industry Analyst Stephen Morea, “in the past five years, rising corporate profit facilitated an increase in businesses spending on cleaning services.” In addition, lower office vacancy rates increased the need for cleaning services. Moreover, in the five years to 2015, Canada has experienced a vibrant real estate market, as a growing, aging, urbanizing and progressively wealthy Canadian population boosted residential and commercial real estate demand, particularly in major cities, such as Toronto and Montreal, as well as in resource-rich Western cities such as Edmonton and Calgary. Such growth has broadened operators' potential customer base and increased the floor space available for cleaning. “The value of nonresidential construction also indicates higher investment in repair and remodelling, which correlates positively with demand for building upkeep services such as cleaning,” says Morea.

In the five years to 2020, heightened new business growth and a projected rise in the value of nonresidential construction will broaden operators' potential customer base and cleaning space further. In addition, corporate profit is anticipated to grow significantly during the next five years. Such growth will allow companies to spend more freely on cleaning services. Lastly, large commercial clients are expected to increasingly purchase cleaning services as part of bundled service offerings, which include security, catering and other building-related activities. As a result, Janitorial Services industry revenue is forecast to increase.

For more information, visit IBISWorld’s Janitorial Services in Canada industry report page.

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IBISWorld industry Report Key Topics

Industry operators clean windows and the interior spaces of buildings and transportation equipment. Common industry activities include cleaning residential buildings, offices, retail complexes, industrial buildings, healthcare facilities, educational facilities, government buildings and commercial aircraft.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld Inc.
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