China Facility Management Growth Opportunities
Published on: 27-Jul-2022 | SKU: EN01331-AP-MT_26754

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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.

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.

Author: Janice Wung

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on Facility Management

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Segmentation (continued)

Key Competitors

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 Drivers (continued)

Growth Restraints

Growth Restraints (continued)

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

Revenue Forecast Analysis by Service Type (continued)

Revenue Forecast Analysis by Service Type (continued)

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

Competitive Environment (continued)

Competitive Environment (continued)

FM Supplier Capability Matrix by Service Type

FM Supplier Capability Matrix by Service Type (continued)

FM Supplier Capability Matrix by Service Type (continued)

FM Supplier Capability Matrix by End User

FM Supplier Capability Matrix by End User (continued)

Growth Metrics

Revenue Forecast and Analysis

Revenue Forecast and Analysis by FM Type

Revenue Forecast and Analysis by End-user Subsector

Growth Metrics

Revenue Forecast and Analysis

Revenue Forecast and Analysis by FM Type

Revenue Forecast and Analysis by End-user Subsector

Growth Metrics

Revenue Forecast and Analysis

Revenue Forecast and Analysis by FM Type

Revenue Forecast and Analysis by End-user Subsector

Growth Metrics

Revenue Forecast and Analysis

Revenue Forecast and Analysis by FM Type

Revenue Forecast and Analysis by End-user Subsector

Growth Metrics

Revenue Forecast and Analysis

Revenue Forecast and Analysis by FM Type

Growth Opportunity 1: M&A Opportunities

Growth Opportunity 1: M&A Opportunities (continued)

Growth Opportunity 2: Technology-led Solutions

Growth Opportunity 2: Technology-led Solutions (continued)

Growth Opportunity 3: Energy Management

Growth Opportunity 3: Energy Management (continued)

Growth Opportunity 4: Workplace and Occupant Experience Optimization

Growth Opportunity 4: Workplace and Occupant Experience Optimization (continued)

Chinese Names of Mentioned Market Participants

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

List of Figures
  • GDP Growth, Advanced, and Emerging and Developing Economies, Global, 2017 2022
  • GDP Growth Scenario Analysis, Global, Q1 2019 Q4 2022
  • Assumptions for Growth Scenarios, Global, 2022
  • GDP Growth Rate, Select Economies, 2020 2022
  • Macroeconomic Predictions and Scenario Outcomes, Global, 2022
  • Regional Risks and Policy Direction, Global, 2022
  • GDP Growth, China, 2017 2027
  • Consumer Price Index (CPI), Annual Average*, China, 2016 2021
  • Inflation Rate, China, 2016 2027
  • Forex Reserves, China, 2016 2021
  • Foreign Direct Investment (FDI) Inflows, China, 2016 2021
  • Average Annual Wages, China, 2010 2020
  • Minimum Wage Per Hour by Selected Region, China, 2022
  • Construction Output Value, China, 2012 2021
  • Construction Industry’s Share of Gross Domestic Product (GDP), China, 2017 2020
  • Stimulus Package by Government due to COVID 19, China, 2020 2022
  • Facilities Management: Growth Metrics, China, 2021
  • Facility Management: Growth Drivers, China, 2022 2027
  • Facility Management: Growth Restraints, China, 2022 2027
  • Facility Management: Revenue Forecast, China, 2019 2027
  • Facility Management: Revenue Forecast by FM Type, China, 2019 2027
  • Facility Management: Revenue Forecast by Service Type, China, 2019 2027
  • Facility Management: Additional FM Revenue Forecast by Sub service Type, China, 2019 2027
  • Facility Management: Soft FM Revenue Forecast by Sub service Type, China, 2019 2027
  • Facility Management: Revenue Forecast by End User, China, 2019 2027
  • Facility Management: Percent Revenue by Service Delivery, China, 2021
  • Facility Management: Percent Revenue Forecast by Service Delivery, China, 2027
  • Facility Management: Percent Revenue by Region*, China, 2021
  • Facility Management: Competitive Environment, China, 2021
  • Facility Management: Notable M&As, China, 2021 2022
  • Facility Management: Supplier Analysis by Service Type, China, 2022
  • Facility Management: Supplier Analysis by End User, China, 2022
  • Facility Management: Supplier Analysis by End User, China, 2022
  • Facility Management: Growth Metrics, Commercial Sector, China, 2021
  • Facility Management: Revenue Forecast, Commercial Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by FM Type, Commercial Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by End user Subsector, Commercial Sector, China, 2019 2027
  • Facility Management: Growth Metrics, Institutional Sector, China, 2021
  • Facility Management: Revenue Forecast, Institutional Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by FM Type, Institutional Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by End user Subsector, Institutional Sector, China, 2019 2027
  • Facility Management: Growth Metrics, Public/Infrastructure Sector, China, 2021
  • Facility Management: Revenue Forecast, Public/Infrastructure Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by FM Type, Public/Infrastructure Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by End user Subsector, Public/Infrastructure Sector, China, 2019 2027
  • Facility Management: Growth Metrics, Industrial Sector, China, 2021
  • Facility Management: Revenue Forecast, Industrial Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by FM Type, Industrial Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by End user Subsector, Industrial Sector, China, 2019 2027
  • Facility Management: Growth Metrics, Others Sector, China, 2021
  • Facility Management: Revenue Forecast, Others Sector, China, 2019 2027
  • Facility Management: Revenue Forecast by FM Type, Others Sector, China, 2019 2027

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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. 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. Author: Janice Wung
More Information
Deliverable Type Market Research
Author Janice Wung
Industries Environment
No Index No
Is Prebook No
List of Charts and Figures GDP Growth, Advanced, and Emerging and Developing Economies, Global, 2017 2022~ GDP Growth Scenario Analysis, Global, Q1 2019 Q4 2022~ Assumptions for Growth Scenarios, Global, 2022~ GDP Growth Rate, Select Economies, 2020 2022~ Macroeconomic Predictions and Scenario Outcomes, Global, 2022~ Regional Risks and Policy Direction, Global, 2022~ GDP Growth, China, 2017 2027~ Consumer Price Index (CPI), Annual Average*, China, 2016 2021~ Inflation Rate, China, 2016 2027~ Forex Reserves, China, 2016 2021~ Foreign Direct Investment (FDI) Inflows, China, 2016 2021~ Average Annual Wages, China, 2010 2020~ Minimum Wage Per Hour by Selected Region, China, 2022~ Construction Output Value, China, 2012 2021~ Construction Industry’s Share of Gross Domestic Product (GDP), China, 2017 2020~ Stimulus Package by Government due to COVID 19, China, 2020 2022~ Facilities Management: Growth Metrics, China, 2021~ Facility Management: Growth Drivers, China, 2022 2027~ Facility Management: Growth Restraints, China, 2022 2027~ Facility Management: Revenue Forecast, China, 2019 2027~ Facility Management: Revenue Forecast by FM Type, China, 2019 2027~ Facility Management: Revenue Forecast by Service Type, China, 2019 2027~ Facility Management: Additional FM Revenue Forecast by Sub service Type, China, 2019 2027~ Facility Management: Soft FM Revenue Forecast by Sub service Type, China, 2019 2027~ Facility Management: Revenue Forecast by End User, China, 2019 2027~ Facility Management: Percent Revenue by Service Delivery, China, 2021~ Facility Management: Percent Revenue Forecast by Service Delivery, China, 2027~ Facility Management: Percent Revenue by Region*, China, 2021~ Facility Management: Competitive Environment, China, 2021~ Facility Management: Notable M&As, China, 2021 2022~ Facility Management: Supplier Analysis by Service Type, China, 2022~ Facility Management: Supplier Analysis by End User, China, 2022~ Facility Management: Supplier Analysis by End User, China, 2022~ Facility Management: Growth Metrics, Commercial Sector, China, 2021~ Facility Management: Revenue Forecast, Commercial Sector, China, 2019 2027~ Facility Management: Revenue Forecast by FM Type, Commercial Sector, China, 2019 2027~ Facility Management: Revenue Forecast by End user Subsector, Commercial Sector, China, 2019 2027~ Facility Management: Growth Metrics, Institutional Sector, China, 2021~ Facility Management: Revenue Forecast, Institutional Sector, China, 2019 2027~ Facility Management: Revenue Forecast by FM Type, Institutional Sector, China, 2019 2027~ Facility Management: Revenue Forecast by End user Subsector, Institutional Sector, China, 2019 2027~ Facility Management: Growth Metrics, Public/Infrastructure Sector, China, 2021~ Facility Management: Revenue Forecast, Public/Infrastructure Sector, China, 2019 2027~ Facility Management: Revenue Forecast by FM Type, Public/Infrastructure Sector, China, 2019 2027~ Facility Management: Revenue Forecast by End user Subsector, Public/Infrastructure Sector, China, 2019 2027~ Facility Management: Growth Metrics, Industrial Sector, China, 2021~ Facility Management: Revenue Forecast, Industrial Sector, China, 2019 2027~ Facility Management: Revenue Forecast by FM Type, Industrial Sector, China, 2019 2027~ Facility Management: Revenue Forecast by End user Subsector, Industrial Sector, China, 2019 2027~ Facility Management: Growth Metrics, Others Sector, China, 2021~ Facility Management: Revenue Forecast, Others Sector, China, 2019 2027~ Facility Management: Revenue Forecast by FM Type, Others Sector, China, 2019 2027~
Podcast No
WIP Number PD48-01-00-00-00

China Facility Management Growth Opportunities

EnvironmentChina Facility Management Growth Opportunities

Sustainability Innovation Culture and Technologies to Support Facility Management Value Proposition

RELEASE DATE
27-Jul-2022
REGION
Asia Pacific
Deliverable Type
Market Research
Research Code: PD48-01-00-00-00
SKU: EN01331-AP-MT_26754
AvailableYesPDF Download
$4,950.00
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SKU
EN01331-AP-MT_26754