The FM Market in the UK showed signs of stabilization during the last month with steady business deals from public and private sector buyers. As the idea of outsourcing continues to gain traction, new & innovative methods are being used with enhanced use of technology by the suppliers to make outsourcing an attractive proposition for the buyers. The bundled and integrated service offerings that have been making inroads for the past few months are making it easy for the buyers as they deal with a single supplier for all their outsourcing needs and their employees focus on their core competence while prioritizing their organizational goals.
The month of July saw more than 160 contract awards under various categories for services across Hard, Soft and Integrated FM. The buyers outsourced non-core activities worth £200 Million during the month with Local Government authorities leading the charge by awarding 57 contracts worth £27 Million. Education sector offered some high value soft FM deals including Cleaning & Catering to the tune of £65 Million. The Private sector buyers were not far behind and also offered some high value outsourcing deals across Hard, Soft and Integrated FM.
Through this article, we will have detailed look at the data for the last month and dissect it to have an insight on the areas that did well. We will have a look on market sectors and specialized services and how they performed during the month. We will also look for any specific weekly trends as well as top gainers from each Sector.
Public Sector
Private Sector
In the overall scheme of things, the Industry showed signs of stabilization all through the month. The coming months are poised to be of sustained growth with bundled services and integrated FM enhancing their footprint in the outsourcing industry. The sector could witness further consolidation in the near future owing to the fact of preference from buyers for one supplier for all their outsourcing needs. Going by all indicators the times ahead are going to be full of buzz for the UK FM outsourcing industry.
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UK Facilities Management Market Report 2022 – 2025
Description
Executive Summary
The United Kingdom is one of the largest markets for facility management services in Europe in terms of maturity and sophistication. The market is highly competitive owing to the presence of several organized players and strong presence of top global companies, such as Mitie, ISS, Sodexo, CBRE, JLL among others. It is a large market with some estimates putting the annual revenues in the vicinity of 40-45 Billion USD. As per Baachu Database, however, the total contract value remains in the range of £100 Billion for Contracts with terms ranging from one to 10 Years on an average.
In this Baachu report, you get an in-depth analysis of around 10K contracts with dissection covering:
Table of Contents
- Detailed Breakdown of UK Outsourced FM Market
- Overall Outsourced Market for Public & Private
- Soft, Hard and Integrated Market Segregation
- Market sector Segmentation
- Separate slicing for Public & Private for all above parameters
- Top suppliers in each category
- Outlook for FM Services between 2023-25
- Forecast purely based on Contract renewals
- Sectoral analysis of the business volumes
- Expected Top Deals
- Facilities Management M&A Scenario in UK
- Decadal Trends
- Top Deals
- Trends & Challenges for FM Market in UK
- Emerging Challenges
- Market Definitions & Baachu Capabilities
This report is unique for its treatment of the growth aspect being based on the real contracts and their value. The report complements similar report from Frost & Sullivan as that report gives a glimpse of future growth based on revenues with a CAGR taken as the basis to arrive at revenue forecasts for subsequent years. Baachu report deals with consolidation in the FM industry through Mergers and acquisitions while F&S report talks about the role of technology that will shape the FM industry in next few years.
We recommend Baachu report to all FM stakeholders even if you already have access to other reports like the F&S report as our report will complement these and augment your information quest.