Bahrain Facility Management Market By Service (Property, Cleaning, Security, Support, Catering & Others), By Type (Hard Services and Soft Services), By Industry (Organized, Unorganized), By End User (Commercial, Residential, Industrial, Public Sector), By Sectors (Education, Healthcare, Real Estate, Banking, Hospitality, Housing, Others) By Region, Competition Forecast & Opportunities 2018-2028

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Infrastructure | Format: Report available in PDF / Excel Format

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Bahrain Facility Management Market By Service (Property, Cleaning, Security, Support, Catering & Others), By Type (Hard Services and Soft Services), By Industry (Organized, Unorganized), By End User (Commercial, Residential, Industrial, Public Sector), By Sectors (Education, Healthcare, Real Estate, Banking, Hospitality, Housing, Others) By Region, Competition Forecast & Opportunities 2018-2028

Bahrain Facility Management market is anticipated to register a robust CAGR during the forecast period.

Bahrain Vison 2030 propelling the growth

Bahrain is looking to spend more than USD1 billion for the exhibition & convention center and expansion of Bahrain airport with other projects in line. These projects are expected to increase the tourism sector in the country.

Bahrain plans to create 5 new cities which also increases the total land size are to 60%. With new infrastructure to be built from scratch, the facility management market is expected to grow to new heights once the 5 cities shall be ready.

Latest Trends in Bahrain Facility Management Market

The upcoming metro rail project in the country is also driving the market forward. The project is entering the tender stage and represents the first phase of the government’s plans to develop a 109km rail-based urban transit network. The metro project is divided in 4 phases thus giving the facility management market a boost.

Increased cost of maintenance

Recent Developments

  • One of Bahrain’s prominent integrated real estate development companies in the Kingdom of Bahrain, Seef Properties, signed an agreement with Diyar Al Muharraq in the year 2024-2032, allowing Seef Properties to provide facility management services for "Souq Al Baraha" project. Diyar Al Muharraq is the largest integrated residential city in the Kingdom of Bahrain.
  • In the year 2024-2032, Bahrain's National Oil and Gas Authority (NOGA) partnered with Stantec for providing consultancy and facility management services regarding setting up of guidelines and procedures for the sustainable use of treated wastewater.

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Market Segmentation

Market players

Attribute

Details

Base Year

2022

Historic Data

2018– 2024-2032

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

       Service

        Type

        Industry

       End User

       Sector

Regional scope

Manama, Muharraq, Northern, Southern

Key companies profiled

G4S Bahrain, CBRE Bahrain WLL, ASF Facility Management, Royal Ambassador Property and Facility Management Co, Metropolitan Holding Co W.L.L., Almoayyed Contracting, GEMS Industrial Services W.L.L., Elite Facility Management Co., EFS Facility Management Bahrain W.L.L., Iris Property Management W.L.L.

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