Southeast Asia Facility Management Market is Expected to grow at a robust CAGR of 5.55% through 2030F
The increasing Southeast Asia facility
management market is driven by rising shift toward outcome-based facility
management contracts, growth of integrated facilities management (IFM) in
industrial and retail sectors during the forecast period 2026-2030F.
According to TechSci Research report, “Southeast Asia Facility Management
Market – By Country, Competition, Forecast and Opportunities, 2020-2030F”, The
Southeast Asia Facility Management Market was valued at USD 85.16 Billion in
2024 and is expected to reach USD 118.82 Billion by 2030 with a CAGR of 5.55%
during the forecast period. A significant trend transforming the FM landscape
in Southeast Asia is the shift from input-based to outcome-based service
contracts. Traditionally, contracts in the region focused on fixed inputs—such
as frequency of cleaning or number of technicians. However, building owners and
tenants are now prioritizing service results over processes. Outcome-based FM
emphasizes measurable performance metrics like space utilization efficiency,
energy reduction, indoor air quality, and occupant satisfaction. For instance,
instead of scheduling air conditioning maintenance every quarter, FM providers
are now contractually obligated to ensure that room temperature stays within
specified comfort thresholds.
This shift is more prominent in sectors
such as healthcare, commercial real estate, and airports—where operational
uptime and user experience are critical. In Singapore, over 45% of new FM
tenders by public agencies now contain performance-based KPIs. In Malaysia and
Thailand, multinational corporations with sustainability mandates are
increasingly requesting service-level agreements (SLAs) tied to green building
compliance and cost savings. Adopting this model requires FM companies to
upgrade capabilities—such as installing sensors, using analytics for service
validation, and training staff in root-cause diagnostics. While it increases
accountability, it also allows FM providers to differentiate themselves and
command premium pricing. This trend will push FM players to move from
task-oriented delivery to strategic building performance partnerships,
encouraging innovation, transparency, and long-term collaboration with clients.
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Based on service, Cleaning is the
fastest growing segment in the Southeast Asia Facility Management market during
the forecast period due to heightened hygiene awareness, expansion of
commercial real estate, and increased outsourcing of non-core services across
industries. Post-pandemic, there has been a fundamental shift in how
organizations approach cleanliness. Corporations, healthcare facilities,
educational institutions, and hospitality establishments now prioritize regular
sanitation, deep cleaning, and disinfection as core operational requirements.
This has led to a surge in demand for specialized cleaning services, especially
in high-traffic and high-risk environments. For example, in 2024 alone, over 65%
of commercial tenants in Singapore, Malaysia, and Indonesia reported adding
enhanced cleaning protocols to their annual FM contracts.
Southeast Asia’s booming office and retail sectors
further contribute to cleaning service demand. As urban centers grow, more
buildings require daily janitorial support, waste management, window cleaning,
and floor care. Additionally, rising demand in the healthcare and food
processing sectors necessitates strict compliance with cleanliness standards,
requiring professionally managed cleaning services equipped with trained staff
and advanced tools. Moreover, the cleaning segment benefits from low entry
barriers and scalability, making it attractive for both large and small FM
providers. Governments are also pushing institutional hygiene standards through
stricter building codes and inspections, especially in education, transport,
and healthcare facilities. As a result, cleaning contracts are becoming more
structured, recurring, and long-term. Technology is another key driver.
Adoption of automated floor scrubbers, electrostatic sprayers, and green
cleaning agents has increased efficiency and appeal among environmentally
conscious clients, especially in countries like Singapore and Vietnam.
Based on country, Vietnam is the fastest
growing country in the Southeast Asia Facility Management Market during the
forecast period due to its rapid economic growth, surging urbanization, and expanding infrastructure
base. The country's transformation into a key manufacturing and logistics hub,
combined with rising foreign direct investment (FDI), is significantly
increasing demand for professional facility management services. Vietnam’s real
estate and industrial sectors are undergoing large-scale development. Cities
like Hanoi, Ho Chi Minh City, and Da Nang are witnessing a boom in office
spaces, shopping malls, smart residential complexes, and industrial zones. In
2024, Vietnam added over 9 million square meters of new commercial space, all
requiring cleaning, security, maintenance, and energy management
services—boosting the FM market.
The manufacturing sector, accounting for over 24% of
the country’s GDP, has attracted global companies to set up factories in
Vietnam. These facilities increasingly outsource FM tasks such as HVAC
maintenance, fire safety, and asset lifecycle management to enhance efficiency
and meet global compliance standards. With the growth of export-oriented
industries, facility uptime and environmental compliance have become essential,
driving demand for technical FM services. Government-backed infrastructure
initiatives, such as the Long Thanh International Airport and multiple
industrial corridors, are further fueling the need for integrated FM solutions.
The Vietnamese government is also supporting smart city projects in more than
40 provinces, which depend heavily on digital and sustainable FM systems to
manage public buildings, parks, and utilities. Additionally, the shift toward green
building practices, coupled with rising awareness of hygiene and workplace
safety post-COVID-19, has accelerated outsourcing trends in the FM space.
Key market players in the Southeast Asia
Facility Management market are: -
- Aden Group
- CBRE Group, Inc.
- Jones Lang LaSalle
- Sodexo S.A.
- Group Atalian
- Johnson Controls International
- Siemens AG
- Fujitsu Limited
- Honeywell International
- Nouvel Facilities Pvt Ltd
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“The Southeast Asia Facility Management market offers
significant growth opportunities driven by rapid urbanization, infrastructure
development, and rising demand for outsourced services across commercial,
industrial, and institutional sectors. The shift toward integrated and
tech-enabled FM, especially in smart buildings and industrial parks, is opening
new avenues for service providers. Green building trends, hygiene awareness,
and regulatory pressures are encouraging long-term FM contracts. Emerging economies
like Vietnam and the Philippines present untapped potential due to increasing
foreign investments and modernization efforts. Additionally, digital
transformation through IoT, automation, and predictive maintenance is enhancing
operational efficiency, further fueling market expansion opportunities in the
region.Top of Form” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based Global management
consulting firm.
“Southeast
Asia Facility Management Market By Service (Property, Cleaning, Security,
Support, Catering & Others), By Type (Hard Services, Soft Services), By
Industry (Organized, Unorganized), By End User (Commercial, Residential,
Industrial, Public Sector), By Country, Competition, Forecast and
Opportunities, 2020-2030F,”
has evaluated the future growth potential of Southeast Asia Facility Management
Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Southeast Asia Facility
Management Market.
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