A new market intelligence study has recently been added by Market Research Reports Search Engine (MRRSE) to its vast collection of research reports. The 84-page research study, titled “Facilities Management Market – Poland Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024,” provides a detailed analysis, focusing on the key dynamics that are likely to impact the development of the market in the coming years. In addition, the product portfolio, primary applications, technological developments, latest trends, limitations, and the competitive landscape of the Poland facilities management market have been discussed in order to offer a clear understanding of the overall market.
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According to the research study, in 2015, the Poland market for facilities market was worth US$14.34 bn. The market is expected to register a progressive 9.70% CAGR between 2016 and 2024, reaching a value US$32.62 bn by the end of 2024.
Rising Focus on Improving Quality of Products and Services to Bolster Poland Facilities Management Market
The rising demand for outsourced services in order to manage and improve productivity across diverse sectors, including manufacturing, industrial, corporate, and retail is one of the important factors anticipated to encourage the growth of the Poland facilities management market in the coming few years. In addition, key players operating in the Poland facilities management market are emphasizing on enhancing their quality and performance of products and offer improved services to consumers in order to maintain their position in the global market. This is predicted to fuel the growth of the overall market in the near future.
On the other hand, the lack of awareness among consumers concerning the several advantages of effective management of facilities and the rising demand for in-house facility management services are likely to restrict the growth of the market in the coming years. Moreover, the rising labor costs in Poland resulting in a high cost of overall facilities management project is anticipated to hamper the growth of the market in the coming years. Nevertheless, the rising number of mergers and acquisitions and collaborations is expected to contribute substantially towards the growth of the overall market in the forecast period.
Soft Services Segment to Maintain Dominance in Next Few Years
On the basis of service type, the soft services segment led the Poland facilities management market in the last few years. According to the research study, this segment is projected to account for a massive share and maintain a leading position in the coming years. On the other hand, the hard services segment is expected to witness significant growth in the coming years. The growth rate and the market share of both the segments have been highlighted in the scope of the research study in order to offer a strong understanding of the overall market in the near future.
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The facilities management market in Poland is extremely competitive and fragmented in nature with the presence of a large number of domestic and international players operating in it. Key players in the market are emphasizing on offering innovative products and services in order to enhance their presence in the market. In addition, the entry of new players is expected to enhance the growth of the overall market in the next few years. Some of the leading players operating in the Poland facilities management market are Impel Tech Solutions, Bilfinger HSG Facility Management GmbH, Cushman & Wakefield, Sodexo, Inc., Dussmann Polska Sp.z o.o., and Gegenbauer Polska.
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