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Home Decontamination Services Market Expected to Reach $3.9 Billion by 2031—Allied Market Research

 
2022
Home Decontamination Services Market

Report Code : A17043

quote Increasing demand for various cleaning services such as window cleaning, carpet cleaning, and floor cleaning is noticed among household consumers which in turn, has led the growth of the home decontamination services market. Moreover, The market players are formulating different strategies to remain competitive in the market. Collaborations and acquisition strategies help enhance the company’s service portfolio and expand its geographical presence. Emerging economies are anticipated to provide lucrative opportunities for the growth and expansion of the market. quote

Roshan Deshmukh - Manager
Consumer Goods at Allied Market Research

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According to a new report published by Allied Market Research, titled, “Home Decontamination Services Market," The home decontamination services market was valued at $2.6 billion in 2021, and is estimated to reach $3.9 billion by 2031, growing at a CAGR of 4.1% from 2022 to 2031.

The significant Home Decontamination Services Market Trends include, increase in disposable income, hygiene consciousness among consumers, and ease in availability of cleaning service due to internet penetration, which fuel the market growth. 
Moreover, surge in economy due to urbanization fuels the market growth. Numerous market players are launching a variety of decontamination services for the residential sector. The infection prevention & control segment holds the largest market share in the global home decontamination services market due to rise the disposable income per capita. Low man power and competition from the local market players limit the Home Decontamination Services Market Growth. 
The COVID-19 virus spreads quickly through viral droplets. Hence, to avoid the infection, people started cleaning their premises. This led to increase in demand for residential cleaning services. COVID-19 has pushed the cleaning industry to accelerate new cleaning technologies to disinfect the area and sanitize premises. This led to development in the technologies of the home decontamination services. 
The Home Decontamination Services Market Analysis is segmented into type, end user, and region. On the basis of type, the market is categorized into 
biohazard cleaning, infection prevention & control, and others. On the basis of end user, the Home Decontamination Services Industry is fragmented into apartments, independent house, and villas.
Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Russia, Spain, Italy, France, Germany, UK, and Rest of Europe), Asia-Pacific (China, Japan, India, Singapore, South Korea, Australia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, and Rest of LAMEA).On the basis of type, the infection prevention & control segment is projected to reach $1,756.8 million by 2030, registering a CAGR of 3.7% from 2021 to 2030. This is attributed to rise in demand for cleanliness and elimination of infection from home care and other facilities, and increase in spread of viral infections.
By end user, the apartments segment held the major share of 58.3% in the Home Decontamination Services Market Size in 2021 and is likely to remain dominant during the Home Decontamination Services Market Forecast period. People's awareness of the hygienic environment is the driving force behind the market growth. Apartments are designed to house a large community; many families interact with one another on a daily basis, thus, increasing the danger of infection and virus spread.
Region-wise, North America region held the Home Decontamination Services Market Share in 2021. Now a days, growing public awareness of the diseases and its various spreading mode propels the need for disinfection services, which in turn causes gradual growth in the North America Home Decontamination Services Market Opportunity.
The players operating in the home decontamination services market have adopted product launch and business expansion as their key developmental strategies to expand market share, increase profitability, and remain competitive in the market. The key players profiled in this report include, Bio Decontamination Ltd., Duraclean International, EverWell Clean, JP McHale Pest Management, LLC, NYC Steam Cleaning, Rentokil Pest Control, Servpro, Shiny Carpet Cleaning, Steamatic, and The Ecosense Company. 

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quote Home Decontamination Services Market by Type (Biohazard Cleaning, Infection prevention and control, Others), by End User (Apartments, Independent House, Vilas): Global Opportunity Analysis and Industry Forecast, 2021-2031 quote

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