Philippines Facility Management Market Report and Forecast 2024-2032

Philippines Facility Management Market Size

The Philippines facility management market reached around USD 4.05 billion in 2023. The market is projected to grow at a CAGR of 6.8% between 2024 and 2032 to reach nearly USD 7.34 billion by 2032.

Philippines Facility Management Market Outlook

• The implementation of cutting-edge technologies like occupancy sensors is transforming the future of buildings.

• Facility management service providers are expected to use intelligent tools for predictive maintenance of equipment, thereby driving the market growth.

• The digitalisation of workflow operations is expected to expedite the efficiency of results for facility management providers.

Philippines Facility Management Market Growth

Water scarcity has become a major challenge in key urban regions in the Philippines. For instance, in Cauayan City, the overall efficiency of water distribution infrastructure is just 87%, which results in 1282.50 metric cubes (10%) of water wastage daily. This is expected to increase the demand for smart facility management solutions, such as the use of greywater for landscaping, the adoption of rainwater harvesting systems, and the installation of low-flow fixtures in commercial and institutional facilities in the Philippines.

Philippines’ buildings consume 15%-20% of the overall domestic power supply. The anticipated shortage of fossil fuels is expected to challenge the nation’s energy security, which is prompting renovations aimed at enhancing the energy efficiency of buildings. Facility management service providers are expected to play a key role in driving sustainable change within the construction industry, by ensuring that buildings deploy energy-efficient HVAC appliances and optimise their power consumption by the installation of smart meters, thereby leading to the market growth.

The rising volume of plastic pollution costs the Philippines’ economy $1 billion annually. Only 30% of plastic waste gets recycled in the Philippines. Recycling of plastic is essential for reducing carbon emissions, preserving natural resources, and preventing marine pollution. Over the forecast period, facility management service providers who have sustainable waste management practices are expected to witness an increase in demand, thereby leading to the market growth.

Philippines Facility Management Industry Segmentation

Philippines Facility Management Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Offerings

• Hard Facility Management

• Soft Facility Management

Market Breakup by Type

• In-house Facility Management
• Outsourced Facility Management
  • Single Facility Management
  • Bundles Facility Management
  • Integrated Facility Management

Market Breakup by End Use

• Commercial

• Institutional

• Industrial

Philippines Facility Management Market Share

Based on end use, the market is divided into commercial, institutional, and industrial. The commercial sector is projected to grow at a CAGR of 7.1% during the forecast period of 2024-2032. This is being driven by the growing focus on reducing energy consumption, improving air quality, and implementing preventative maintenance programmes in commercial buildings.

Leading Companies in the Philippines Facility Management Market

Major facility management providers are switching towards IoT devices and AI-based tools for gaining real-time updates digitally and making data-driven decisions that optimise the maintenance and management of buildings.

• CBRE, Inc.

• SGS S.A.

• Jones Lang LaSalle IP, Inc.

• Cushman & Wakefield LLC

• Knight Frank Group

• Century Properties Management, Inc. 

• Sodexo Group

• WeCare Facility Management Services Inc.

• OCS Group Holdings Ltd.

• Kontrac Facilities Managements Services LLC

• Community Property Managers Group, Inc.

• Others

Key Highlights of the Report