China Facility Management (FM) Market Report 2022-2027: Sustainability Innovation Culture and Technologies to Support Facility Management Value Proposition
DUBLIN, Sept. 2, 2022 /PRNewswire/ -- The "China Facility Management Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
This research service analyzes the Chinese FM market, covering market drivers, restraints, forecasts, trends, and the competitive landscape of the overall market. It provides country analysis for the 5 end-user sectors and identifies 4 growth opportunities. The base year is 2021, and the study addresses the period from 2019 to 2027.
The Chinese facility management (FM) market is at a fast-growing stage, owing to the slower start than other Asia-Pacific developing markets. It has been enjoying double-digit growth since before COVID-19.
The rapidly increasing outsourcing culture in the country has driven FM market development, supported by a large and still expanding asset base. In recent years, the evolving FM needs with the acceptance of IT among end users have benefited FM progression, supported a wide range of FM outsourcing, and included more value-added services. The fast-evolving needs, including ones from the country's agenda, such as green development and energy efficiency, are primary domestic FM market growth drivers.
However, the highly fragmented market and fierce competition among local and foreign service providers have been detrimental to faster FM development. The mismatched expectations among end users and service providers due to changes in FM needs unfolding briskly and fewer skilled FM personnel in the country restrained further market growth. In addition, the inadequate availability of human resources, absence of centralized body for guidance, and a substantial portion of conservative end users challenge market growth.
The increasing outsourcing rate reflects the untapped market, where first-time outsourcing opportunities are still plentiful. During the pandemic, growth remained positive, albeit on the lower side. It is primarily due to the short span of time when businesses were affected during the COVID-19 fighting period in 2020.
The high sanitization demand filled the gaps contributed by the postponement of other FM service deliveries. Returning to in-house management trend observed in other Asia-Pacific country markets during the pandemic was not witnessed in China.
Growth Opportunity Universe
- M&A Opportunities
- Technology-led Solutions
- Energy Management
- Workplace and Occupant Experience Optimization
Key Topics Covered:
1 Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on Facility Management
- Growth Opportunities Fuel the Growth Pipeline Engine
2 Growth Opportunity Analysis
- Scope of Analysis
- Segmentation
- Key Competitors
3 2022 Global Economic Outlook
- Top 5 Global Economic Highlights of 2021
- Top 5 Global Economic Predictions for 2022
- Global GDP Growth
- 2022 Scenario Analysis - Quarterly Global Growth
- 2022 Scenario Analysis - Assumptions
- 2022 Global GDP Growth Snapshot
- Advanced Economies - Predictions for 2022
- Emerging Market Economies - Predictions for 2022
- Top 5 Global Predictions for 2022 - Macroeconomic Policies and Developments
- 2022 Growth Opportunities - Top 3 Opportunities by Region
- 2022 Regional Trends - Risks and Policy Direction
- Gross Domestic Product
- Price and Inflation Trends
- Foreign Investments
- Wage Indicators
- Construction
- China's 14th Five-year Plan
- Impact of COVID-19
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Forecast Assumptions
- Revenue Forecast
- Revenue Forecast Analysis
- Revenue Forecast by FM Type
- Revenue Forecast Analysis by FM Type
- Revenue Forecast by Service Type
- Revenue Forecast Analysis by Service Type
- COVID-19 Pandemic Impacts and Risks by Service Type,
- Revenue Forecast by End User
- Revenue Forecast Analysis by End User
- COVID-19 Pandemic - Impacts and Risks by End User,
- Outsourced FM Trend
- FM Market by Region
- Competitive Environment
- FM Supplier Capability Matrix by Service Type
- FM Supplier Capability Matrix by End User
4 Growth Opportunity Analysis - Commercial Sector
- Growth Metrics
- Revenue Forecast and Analysis
- Revenue Forecast and Analysis by FM Type
- Revenue Forecast and Analysis by End-user Subsector
5 Growth Opportunity Analysis - Institutional Sector
- Growth Metrics
- Revenue Forecast and Analysis
- Revenue Forecast and Analysis by FM Type
- Revenue Forecast and Analysis by End-user Subsector
6 Growth Opportunity Analysis - Public/Infrastructure Sector
- Growth Metrics
- Revenue Forecast and Analysis
- Revenue Forecast and Analysis by FM Type
- Revenue Forecast and Analysis by End-user Subsector
7 Growth Opportunity Analysis - Industrial Sector
- Growth Metrics
- Revenue Forecast and Analysis
- Revenue Forecast and Analysis by FM Type
- Revenue Forecast and Analysis by End-user Subsector
8 Growth Opportunity Analysis - Others Sector
- Growth Metrics
- Revenue Forecast and Analysis
- Revenue Forecast and Analysis by FM Type
For more information about this report visit https://www.researchandmarkets.com/r/z2s8de
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