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The Kuwait Facility Management Market is growing owing to Kuwait Vision 2035, Technological advancement, Increased Public Spending on infrastructure and Sustainability: Ken Research

“Focus on smart city development, new infrastructure developments, focus on tourism and hospitality are Major Factor Contributing towards development of Facility Management Services in Kuwait

Major Developments: The Kuwaiti government has struck a $495-million deal with the private sector for the development of industrial, residential, and warehousing infrastructure, which is also acting as a key growth driver for facility management market in Kuwait. The large-scale construction of hospitals and tourist attractions is driving the demand for facility management as these services are essential at these places for attracting visitors.

Sustainability: Providing new infrastructure, appropriate legislation and enabling a business environment conducive to development and providing controls and climate to ensure total and balanced human resource development. Aiming on consolidating the values of society, preserving its identity, as well as achieving justice, political participation and freedoms.kuwait-facility-management-market

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Technical Skills: The main constraint in the Kuwaiti facility management sector is the lack of qualified technical resources. As facility management is a labor-intensive industry, the recruitment of professional workers is a challenge for service providers. This complicates the work of these firms, as their programs are entirely workforce-based.

Analysts at Ken Research in their latest publication Kuwait Facility Management Market Outlook to 2026F- Driven by Rising End-Users Awareness, Improving Technology and Government’s Strong Initiatives regarding Infrastructure observed that Facility Management Services market is an emergent healthcare market in Kuwait. The rising Facility Management consciousness among the population and business owners, along with increasing infrastructural growth and technology, expansion of their operation, implementation of favorable government rules & regulations is expected to contribute to the market growth over the forecast period. The Kuwait Facility Management is expected to grow at a robust CAGR of 8.9% over the forecasted period of 2021-2026F.

Key Segments Covered in the report: –

Kuwait Facility Management Market

By Type of Service

Soft Service

Hard Service

By Hard Service

Electromechanical Services

Operations and Maintenance Services

Fire Safety and Security Systems

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By Soft Service

Housekeeping

Security

Landscaping

Others

By Integrated Facility Services, Bundled Services and Single Services

Bundled services

Single services

Integrated facility management (IFM)

By End User

Commercial

Industrial

Residential

By Personnel

In-House Personnel

Outsourced Personnel

Key Target Audience:-

Factories

Plants and Industries

Hotels

Hospitals

Malls

Companies and offices

Tourism Agencies

Government Bodies & Regulating Authorities

Facility Management companies

Real estate companies

Time Period Captured in the Report:-

Historical Period: 2016-2021

Forecast Period: 2021-2026F

Companies Covered:-

Kharafi National

United Facility Management

EFS Facility Management Services

Fawaz Group

O&G Engineering W.L.L.

EcovertFM Kuwait

Al Mazaya Holding Company

Al-Awsat United Real Estate Co.

ONE FM

PIMCO

Gulf Engineering Company K.S.C.C

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Key Topics Covered in the Report:-

Executive Summary: Kuwait Facility Management Market, 2016-2026F

Kuwait Facility Management Market Size by Revenue, 2016-2026F

Kuwait Population Analysis, 2021

Kuwait Demographic Analysis, 2021

Kuwait Oil and Non-Oil Quarterly Real GDP growth,2017-2020

Business Cycle and Genesis of Kuwait Facility Management

Business Acquisition Process in Kuwait Facility Management Market

Supply Side Ecosystem

Kuwait Real Estate Market Overview, 2021

Kuwait Rental Market Overview, 2021

Kuwait Housing Loan Market, 2021

Kuwait Hospitality Market Overview, 2021

Kuwait Retail Market Overview, 2021

Supply Side Ecosystem – Maintenance (Hard FM)

Supply Side Ecosystem – Cleaning and Security

Supply Side Ecosystem – Waste Management

Supply Side Ecosystem – Integrated FM

Kuwait Facility Management Market Segmentation

SWOT Analysis of Kuwait Facility Management Market

Key Growth Drivers in Facility Management Market in Kuwait

Trends and Developments in Kuwait Facility Management Market

Kuwait Facility Management Market Major Technological Trends, 2021

Regulatory Landscape of Kuwait Facility Management Market

Types of Contracts in Kuwait Facility Management Market

Competition Scenario in Kuwait Facility Management Market

Cross Comparison of Major Projects in Kuwait Facility Management Market

Market Sizing Analysis of Kuwait Facility Management Market, 2021-2026F

Best Practices for Improving Facility Services

Operational Strategies for Facility Management Market in Kuwait

Growth Strategies of Kuwait Facility Management Market

For more insights on the market intelligence, refer to the link below: –

Kuwait Facility Management Market Analysis

Related Reports by Ken Research: –

Qatar Facility Management Market Outlook

Chile Facility Management Market Outlook

Vietnam Facility Management Market Outlook

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