UK Facility Management Market Report 2021-2026: Key Players are CBRE Group, Inc. & Mitie Group PLC - ResearchAndMarkets.com

The "UK Facility Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The UK facility management market was valued at USD 63.97 billion in 2020, and it is expected to reach USD 73 billion by 2026, registering a CAGR of 1.86%, during 2021 - 2026.

According to the British Institute of Facilities Management, the 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 most estimates putting its value in 2017 as high as GBP 120 billion.

This is expected to rise to an estimated GBP 139 billion by 2021 (source British Institute of Facilities Management). This increase in value is attributed to the number of total FM deals where providers are integrated into their clients' operating teams.

The growing trend towards commoditization of facility management (FM) drives the market. According to Eurostat, Combined facilities support activities revenue in the United Kingdom is increasing year on year. The expected revenue in the year 2022 is USD 25 billion, where currently, in 2020, it is expected to increase to USD 24.02 billion.

A player such as Atkins (expect to see a continuation of the integration between the traditional professions of estates), Carillion (70% to 80% of the service revenues come from the public and regulated sectors), B38 Group (providing services in the commercial property sector), and others, are focused towards providing services based on their expertise to the various sectors such as government and public entities, commercial buildings, etc.

Competitive Landscape

The UK Facility Management is moving towards fragmented as it is a highly competitive market with the presence of several players of different sizes. This market is expected to experience a number of mergers, acquisitions, and partnerships as companies continue to invest in offsetting the present slowdowns that they are experiencing strategically. Key players are CBRE Group, Inc., Mitie Group PLC.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Industry Attractiveness- Porter's Five Forces Analysis

4.3 Key Market Trends in Hard (MEP) and Soft (Service) FM in United Kingdom

4.4 Market Drivers

4.4.1 Growing Trend Towards Commoditization of FM

4.4.2 Renewed Emphasis on Workplace Optimization and Productivity

4.4.3 Growing Demand for IFM and Outsourcing of Non-core Operations from Emerging Verticals

4.5 Market Restraints

4.5.1 Market Saturation in the Public Sector

4.5.2 Growing Competition Expected to Impact Profit Margins of Existing Vendors

4.6 Impact of COVID-19 on the Facility Management industry

4.7 Key Effects of Brexit on the FM Industry

4.8 Key Regional Market Trends

4.9 Market Opportunities and Key Developments

4.9.1 Emergence of XaaS

4.9.2 Social and Demographic Changes - Mega Trends Expected to Have an Impact on FM

4.9.3 Effects of Industry Consolidation

4.10 Current Positioning of the United Kingdom in the European FM Industry

5 MARKET SEGMENTATION

5.1 Outsourced FM Service

5.1.1 Single FM

5.1.2 Bundled FM

5.1.3 Integrated FM

5.2 End User

5.2.1 Commercial Buildings

5.2.2 Financial Services

5.2.3 Manufacturing and Industrial

5.2.4 Government (Public and Social)

5.2.5 Retail

5.2.6 Healthcare

5.2.7 Transportation

5.2.8 Other End users

6 VENDOR MARKET SHARE ANALYSIS - UK FACILITY MANAGEMENT MARKET

7 COMPETITIVE LANDSCAPE

7.1 Company Profiles

7.1.1 CBRE Group

7.1.2 Mitie Group PLC

7.1.3 EMCOR Facilities Services WLL

7.1.4 Interserve Limited

7.1.5 G4S Facilities Management UK Limited

7.1.6 ISS UK

7.1.7 JLL Limited

7.1.8 Serco Group PLC

7.1.9 Kier Group PLC

7.1.10 Amey PLC

7.1.11 Atalian Servest

7.1.12 Sodexo Facilities Management Services

7.1.13 Compass Group

7.1.14 ENGIE FM Limited (Cofely AG)

7.1.15 VINCI Facilities Limited

7.1.16 Aramark Facilities Services

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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View source version on businesswire.com: https://www.businesswire.com/news/home/20210604005278/en/