As the working population is increasing, the demand for the proper management of a facility is growing swiftly to bring efficiency to operations. Be it the need for robust security infrastructure, safety & fire mechanism, or hospitality & hygiene maintenance, such are the areas where people aspect exceptional maintenance. Hence, a team of experts is hired or set up dedicated to looking after such aspects of a facility & allow people to focus on their roles.
The demand for facility management services has elevated across different countries, including Indonesia, in recent years and is likely to expand further in the future. People are drawn toward attaining facility management services for hard & soft services and usually take up hiring professionals on a contract basis. Awareness about these, the availability of these services is spreading, the industry is undergoing developments across the country.
A recent research report published by MarkNtel Advisors reveals that the Indonesia Facility Management Market is set to register a CAGR of around 9.8% during 2022-27. Numerous factors are backing the potential growth of this industry. So, let us read the blog further to learn more.
Key Parameters Augmenting the Demand for Facility Management
A swift rise in the establishment of various multinational companies & start-ups across the country, backed by the favorable policies imposed by the government to attract foreign investments has a prominent role in driving the demand for facility management services. In fact, as the number of corporate facilities is escalating, the need for these management services is undergoing direct influence.
Besides, increasing tourism & construction activities also have a lot of say in augmenting the demand for facility management services, as it constantly drives the need to keep commercial places like airports, shopping malls, hotels, & other such facilities in top-notch conditions & well-maintained by professionals. Additionally, as construction sites are more prone to accidents, the need for robust facility management systems to look after assets associated with both hard & soft services is fueling the demand for these services and contributing to the industry expansion.
Furthermore, the advent of the Covid-19 pandemic is another prominent aspect having remarkable effects on the industry. As people are more conscious & concerned over sanitizations & hygiene, more and more facilities are hiring facility management services to bring greater focus on such issues and address them professionally. Moreover, as the same trend is anticipated to prevail in the coming years, the demand for these services shall rise rapidly for the management of cleanliness & hygiene at workplaces & commercial facilities.
A Way Ahead for Facility Management Services in Indonesia
Considering all the factors cited above in the blog, it can be said that the potential of facility management across Indonesia is expansive & hint toward a presence of lucrative opportunities for the leading players in the industry. In fact, the rising establishment of corporate companies in the country would have a direct & positive effect on the upsurging demand for facility management across the country in the coming years. Hence, it is estimated that the Indonesia Facility Management Market would attain steady & expansive growth & offer remunerative opportunities for prominent companies in the future.