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Issue #47
Friday, 18th March, 2022
Baachu Rain UK FM Market Report
The UK FM industry is accountable for more than 8% of the GDP while it employs more than 10% of the workforce present in the country. Further, the UK market is regarded as the most mature and competitive in Europe, with our market size estimate putting its value in 2021 close to GBP 110 billion. This is expected to rise to an estimated GBP 120 billion by 2024. The overall outsourced FM market in the UK was £107.2 billion in total contract value (TCV) by the close of 2021. Download our UK FM Market Summary Report below for more insights updated with 2021 contracts. |
Top Tender Alerts
The good story on the FM outsourcing continued in the past one week with more than 40 tender invitations published by public sector authorities with a contract value in the vicinity of £150 Million. A number of Works projects were also on offer primarily linked to construction and maintenance. Among the soft FM Services Security, Cleaning and Catering were the most sought after with eleven bids worth more than £54 Million published during the week. . We at Baachu look forward for enhanced growth momentum in the days to come. Click on the link below for top ten tender alerts for this week.
Why Facilities Management Market is screwed and that's a good thing!
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