The Chile Facility Management Market size is estimated at USD 1.47 billion in 2024, and it is expected to reach USD 1.81 billion by 2029, witnessing a CAGR of 4.30% during the forecast period.
The Chile Facility Management Market is moderately consolidated with the presence of several domestic and international players of different sizes. This market is anticipated to encounter several partnerships, mergers, and acquisitions as organizations continue to invest strategically in offsetting the present slowdowns they are experiencing. The clients in this region are employing FM services to increase the ease of their business operations. The market comprises key solutions and service providers, such as CBRE Group, JLL Limited, and ISS Chile.
In October 2022, the global ESG and Sustainability plan, Better Tomorrow 2025, managed by Sodexo, which is aligned with the 17 Sustainable Development Goals of the United Nations, offered integrated food services and facilities management solutions. This approach, which aims to benefit individuals, small communities, and the environment, includes the company's Chilean business. Sodexo has introduced its "Supply Chain Inclusion Program" in Chile. It creates inclusive business models by assisting small and medium-sized businesses before integrating their output into Sodexo's supply chains countrywide.
In June 2022, Pupil, a spatial data company, started its operations in Chile and partnered with Cushman and Wakefield to improve the speed and accuracy of digital measurements and produce digital floor plans, site information drawings, photography, and facility services.
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