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UK FM market report!

The United Kingdom is one of the largest markets for facility management services in Europe in terms of maturity and sophistication. Given the high penetration of facility management services, vendors are now increasingly focusing on using specialized services to gain a foothold in the market. The market is highly competitive as well, owing to the presence of several organized players and strong presence of top global companies, such as Mitie, ISS, Sodexo, CBRE, JLL among others. 

The market has been valued at USD 63.97 billion in 2020, and it is expected to reach USD 71.43 billion by 2026, registering a CAGR of 1.41%, during the forecast period, 2021-2026 as per the report published by Mordor Intelligence. Frost & Sullivan estimates the UK FM Industry revenues to be $43 Billion. As per our database the overall outsourced FM market in the UK stood at £107.2 billion in total  contract value (TCV) by the close of 2021.
The public sector contributed 59% while the private sector contributed 41% to the total FM Market as per Baachu Database. Among the service types Hard & Soft FM Contributed almost equally at 36% & 35% respectively. The integrated services contributed with 29%.

Local government authorities were the lead buyers in the overall stack with 19% of value contribution followed by Central Government and Office both at 14% each. Within the Public Sector Hard FM contributed a high of 49% while in the private sector Soft FM services were leading at 46%. In the Public Sector Local Government with 33% and Central government with 23% were the top two categories while in the private sector Office with 35% led the sector dissection followed by Manufacturing, Pharma & Industrial. 

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UK FACILITIES MANAGEMENT MARKET ANALYSIS GROWTH OPPORTUNITIES IN UK 2023-2025
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