Kuwait Facility Management Market Growth and Development Insight - Size, Share, Growth, and Industry Analysis
The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Kuwait Facility Management Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth
Market Overview of Kuwait Facility Management Industry (2025-2030):
According to the latest report, The Kuwait Facility Management Market is estimated to grow at a
CAGR of around 9.26% during the forecast period, i.e., 2025-30. The report
demonstrates the prominent factors propelling the exponential growth of the Kuwait
Facility Management industry.
Key
Takeaways: Beneficial for Stakeholders and Clients:
·
Historical Data: 2020-23
·
Base Year: 2024
·
Forecast Period: 2025-30
·
CAGR – 9.26%
What are the major Driver the
global Kuwait Facility Management industry?
Rapid Expansion of Infrastructure
in Kuwait: The government is focusing on the development
of social infrastructure including new cities and hospitals in the country. In
recent years, the government has planned 35 infrastructure projects worth USD
51 billion to enhance the country’s economy. The projects include the
construction of around 9,800 houses costing USD 3.3 billion. Similarly, in
2023, the Public Authority for Housing and Welfare announced the building of
250,000 housing units in ten years. The government also incorporated a
public-private partnership model to bring 11,00- units of public housing under
the Sabah Al-Ahmad project. Along with this, the South Al-Mutlaa City project
is under construction and will have the capacity to house 28,000 families after
completion.
Moreover,
ongoing projects for other infrastructure development such as road and rail
networks are leading to the increasing need for facility management services.
The growing infrastructure in the country would increase the number of
buildings, airports, rails, roads and more further increasing the demand for
facility management services in the future, driving market growth.
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report to gain insights into the complete report structure - https://www.marknteladvisors.com/query/request-sample/kuwait-facility-management-market-analysis.html
Kuwait Facility Management Market
Segmentation
The Kuwait
Facility Management Market analysis of Markntel Advisors explores the industry
by emphasizing the growth parameters and categorizes including geographical
segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
- By Type
- Hard
- Soft
- Risk
- Administrative
- By Operating Model
- In-House
- Outsourced
- By Service Delivery
- Integrated
- Bundled
- Single Services
- By End Users
- Commercial
- Residential
- Government
- Retail
- Education
- Healthcare
- Hospitality
- Others
- By Enterprise Size
- Large
- Mid-Size
- Small
- By Region
- Al Asimah
- Al Farwaniya
- Hawalli
- Al Ahmadi
- Al Jahra
As per
the regional aspect, the Kuwait Facility Management Market is expected to be
dominated by Kuwait by capturing the potential market share.
Explore further details about
this research report - https://www.marknteladvisors.com/research-library/kuwait-facility-management-market-analysis.html
Top
Companies in the Kuwait Facility Management Market
Baker Hughes Saudi Arabia Co, Halliburton Co Saudi
Arabia, Schlumberger Middle East Sa, Saudi Arabia BASF, Dow Saudi Arabia, Aubin
Ltd., Arkema Chemicals Saudi Arabia Company, The Solvay Group, Clariant Ali Al
Abdullah Al Tamimi Company Ltd, Redachem United for Trading Ltd. and others
Kuwait
Facility Management Industry Recent Development:
2024: Al Mulla Engineering and Jazeera Airways
collaborated to provide Facilities Management of Terminal 5 in Kuwait. ProClean
a subsidiary of AL Mulla company will provide Jazeera Airways with the latest
innovative Facilities Management including soft services for the development of
the Terminal 5 project. This collaboration will consequently support Al Mulla
Engineering’s efforts in expanding its strategic partnerships network with
leading companies to develop new projects in Kuwait.
2023: Al Mulla Group renewed its strategic
partnership with INJAZ Kuwait. The company renews its partnership through
various corporate contributions including logistical products and services,
administrative support, and Office Automation Solutions to support the NGO’s
vision of empowering Kuwaiti youths and developing their skills.
Why Markntel Advisors Report?
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as a treasure map for discovering potential markets and novel product avenues.
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services.
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information is bound to enhance products, adjust pricing, and refine
advertising strategies.
Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide
spectrum of activities, including precise market sizing, detailed segment
analysis, accurate demand forecasting, competitor identification, and
meticulous pricing trend monitoring.
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