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Floor Cleaning Services Segment to Generate 34% of the Global Market Revenue in 2023. Growing Demand for Natural Products to Fuel the Market Demand
(GLOBE NEWSWIRE) -- The Home Cleaning Services market is expected to grow at a 6.5% CAGR between 2023 and 2033, according to Fact.MR. By 2033, the global market for these products is expected to reach US$ 13.9 billion. According to Fact MR, a provider of market research and competitive intelligence, the home cleaning service market is rapidly growing and is expected to continue its growth trajectory in the coming years.
The home cleaning services market is being driven by a combination of demographic, economic, as well as cultural factors. As more people move into cities, the demand for home cleaning services increases. Urban dwellers typically have smaller living spaces, busy lifestyles, and higher disposable incomes, which make them more likely to use cleaning services. Hence, the increased urbanization is one of the major factors that is anticipated to boost the growth of the home cleaning services market over the analysis period.
More at source: FACT.MR
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