Kuwait Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure

Kuwait Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure

The report titled “Kuwait Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure” provides a comprehensive analysis of the Facility management market in Kuwait. The report covers an overview and genesis of the industry, service-wise market size; market segmentations; analysis of the facility management market; trends and developments, issues and challenges and comparative landscape including market shares of major companies, competition scenario, cross comparison and cost sheet of major market players in Kuwait. The report concludes with future market projections of each service segmentation and Analyst recommendations to win the Facility Management Market in Kuwait.

Kuwait Facility Management Market Overview:

Kuwait Facility Management Market has experienced an irregular growth rate over the period 2018-2021, with a sudden decline in 2020 due to COVID-19 and certain regulations imposed by the Government of Kuwait that interfered in the normal functioning of the industry. The Kuwait Facility Management Market experienced growth in 2021 due to increase in demand for the services by commercial sector. Factors such as cost effectiveness, Technological advancement and Increased Public Spending on infrastructure and Sustainability driving the overall Facility Management Market in Kuwait.

Request for a free Sample Report @ http://bit.ly/3O8I2Jk

Kuwait Facility Management Market Size and Segmentations:

The Kuwait Facility Management Market has grown from 2018 to 2021 due to the Increase in outsourcing and Increased business opportunities. There was a downfall due to COVID-19 as this disturbed the normal functioning of the facility management services.

Kuwait Facility Management Market Segmentations:

By Type of Service: CAFM & CMMS usage & penetration is very minimal – mainly to issue work orders. That explains lesser revenue share of Hard Services.

By Hard Service: Property services are in the highest demand in the country because they help in the day-to-day operations of built infrastructure; they include mechanical & electrical maintenance, HVAC maintenance, and an array of support services.

By Soft Service: Security services are the largest contributors to the industry, followed by housekeeping.

By Integrated Facility Services, Bundled Services and Single Services: An increase in the outsourcing of services has spiked the demand for Integrated services, as it not only cost efficient, but also provides for better accountability. Small scale companies usually opt for single and bundled services, while large scale companies opt for Integrated services due to their large scale of operations.

By End User: The commercial sector is the largest user of facility management services in Kuwait because of the strong focus of the government on the hospital & tourism, retail, education, and other commercial sectors.

By Personnel: The share of outsourced personnel is constantly increasing as vendors are adopting an asset light business model that will enable them to expand faster while taking advantage of the local expertise.

Comparative Landscape of Kuwait Facility Management Market:

Kuwait Facility Management Market is fragmented and has few major players that have adopted various growth strategies, such as mergers and acquisitions, new product launches, expansions, joint ventures, partnerships, and others, to strengthen their position in this market. The key competitive parameters Cost, Location Served, Quality of Service, Maintenance, Technology Adopted, Value Added Services and Sustainability.

Kuwait Facility Management Market Outlook and Projections:

Kuwait Facility Management market is expected to increase owing to new government policies, new infrastructure developments. The market is expected to grow owing to the advanced technology assisted service delivery and demand for the services by commercial sector.

Key Segments Covered

in the report

Kuwait Facility Management Market

By Type of Service

Soft Service

Hard Service

By Hard Service

Electromechanical Services

Operations and Maintenance Services

Fire Safety and Security Systems

By Soft Service

Housekeeping

Security

Landscaping

Others

By Integrated Facility Services, Bundled Services and Single Services

Bundled services

Single services

Integrated facility management (IFM)

By End User

Commercial

Industrial

Residential

By Personnel

In-House Personnel

Outsourced Personnel

Key Target Audience

Factories

Plants and Industries

Hotels

Hospitals

Malls

Companies and offices

Tourism Agencies

Government Bodies & Regulating Authorities

Facility Management companies

Real estate companies

Time Period Captured in the Report:

Historical Period: 2016-2021

Forecast Period: 2021-2026F

Companies Covered:

Kharafi National

United Facility Management

EFS Facility Management Services

Fawaz Group

O&G Engineering W.L.L.

EcovertFM Kuwait

Al Mazaya Holding Company

Al-Awsat United Real Estate Co.

ONE FM

PIMCO

Gulf Engineering Company K.S.C.C

Key Topics Covered in the Report

Executive Summary: Kuwait Facility Management Market, 2016-2026F

Kuwait Facility Management Market Size by Revenue, 2016-2026F

Kuwait Population Analysis, 2021

Kuwait Demographic Analysis, 2021

Kuwait Oil and Non-Oil Quarterly Real GDP growth,2017-2020

Business Cycle and Genesis of Kuwait Facility Management

Business Acquisition Process in Kuwait Facility Management Market

Supply Side Ecosystem

Kuwait Real Estate Market Overview, 2021

Kuwait Rental Market Overview, 2021

Kuwait Housing Loan Market, 2021

Kuwait Hospitality Market Overview, 2021

Kuwait Retail Market Overview, 2021

Supply Side Ecosystem - Maintenance (Hard FM)

Supply Side Ecosystem - Cleaning and Security

Supply Side Ecosystem - Waste Management

Supply Side Ecosystem - Integrated FM

Kuwait Facility Management Market Segmentation

SWOT Analysis of Kuwait Facility Management Market

Key Growth Drivers in Facility Management Market in Kuwait

Trends and Developments in Kuwait Facility Management Market

Kuwait Facility Management Market Major Technological Trends, 2021

Regulatory Landscape of Kuwait Facility Management Market

Types of Contracts in Kuwait Facility Management Market

Competition Scenario in Kuwait Facility Management Market

Cross Comparison of Major Projects in Kuwait Facility Management Market

Market Sizing Analysis of Kuwait Facility Management Market, 2021-2026F

Best Practices for Improving Facility Services

Operational Strategies for Facility Management Market in Kuwait

Growth Strategies of Kuwait Facility Management Market

Please Note:It will take 5-7 business days to complete the report upon order confirmation.