The Spain Facility Management Market is expected to register a CAGR of 5.29% over the forecast period (2022 - 2027). The market is majorly driven by increasing private investments in real estate, growing facilities in the pharmaceutical industry, and hygiene factors in educational, government, and commercial properties. This has increased the contractual services in cleaning and maintenance services.
Key HighlightsSpain FM market is considered nearly concentrated as few local and international players are present with significant years of industry experience. The FM companies are incorporating technologies into their services, which are adding strength to their service portfolio. Moreover, major players 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.
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