Ireland Facility Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Ireland Facility Management Market is Segmented by Type (In-house FM Service, Outsourced FM Service (Single FM, Bundled FM, Integrated FM)), Offering Type ( Hard FM, Soft FM), and End-User (Commercial, Institutional, Public/ Infrastructure, Industrial).

Market Snapshot

Ireland Facility Management Market Size
Study Period: 2020-2027
Base Year: 2021
CAGR: >1.6 %

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Market Overview

The Ireland facility management market is expected to grow at a CAGR of above 1.6% during the forecast period, 2022-2027. Ireland's facility management industry operates with integrated contracts provided by significant global vendors and small local players focussing on single contracts and single-service solutions.

· In terms of end-user demand, the public sector's contribution to the facility management market in Ireland is more significant than any other end-user. It is primarily driven by the government's constrained budgets that lead to the continuous outsourcing of essential facility management services.

· For instance, in December 2021, it was reported that the Irish Prisons Service spent EUR 5.6 million in 2020. The deal for facilities management services in Ireland's prisons was done with LMC FM, a company with offices in Dublin and Tipperary. The contract is due to last until the end of 2027.

· However, the growing competition in the market impacts the profit margins and growth of existing vendors. The level of competition between suppliers is so high that the FM services are transitioning to commoditization in the country.

· The market for Ireland facility management has been subjected to moderate growth due to the rise in demand for people with improved requirements. The Facility Management providers will need to navigate how to communicate with a broad audience, including subcontractors, suppliers, customers, other third parties, employees and contractors, regulators, analysts, and markets.

· Owing to the COVID-19 pandemic, FM providers in Ireland should review and revise business contingency plans and test alternative methods to enable options such as slimmed-down office hubs and remote working with sequential impacts for network bandwidth, user licenses, etc.

Scope of the Report

Facility management confines multiple disciplines to ensure functionality, comfort, safety, and efficiency of any building by integrating people, place, process, and technology. While Hard services include physical and structural services like fire alarm system lifts, soft services include cleaning, landscaping, security, and similar human-sourced services, providing a solution to end-users such as Commercial Buildings, Retail, Government, and Public Entities, etc.

The Ireland Facility Management Market is Segmented by Type (In-house FM Service, Outsourced FM Service (Single FM, Bundled FM, Integrated FM)), Offering Type ( Hard FM, Soft FM), and End-User (Commercial, Institutional, Public/ Infrastructure, Industrial).

By Type
Inhouse Facility Management
Outsourced Facility Management
Single FM
Bundled FM
Integrated FM
By Offering Type
Hard FM
Soft FM
By End-User
Commercial
Institutional
Public/Infrastructure
Industrial
Other End-user

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Key Market Trends

Commercial Segment expected to hold a Significant Market Share

· The commercial end-user sector covers office buildings occupied by business services, such as corporate offices of manufacturers, IT and communication, and other service providers.

· The provision of necessary fitments and interiors and commercial building decoration and management has gained significant importance, driving the country's commercial sector market.

· The Facility Management market is witnessing multiple partnership activities between the vendors and the commercial entities in Ireland. For instance, in February 2022, BAM FM secured new contracts across various commercial sectors like energy, housing, and education in Ireland.

· BAM FM partnered with Student Roost, a student accommodations provider, to manage over 50 of its student residences across the UK and Northern Ireland. Student Roost aims to add two or three more properties each year in the country using the FM services from BAM FM.

· Moreover, in March 2022, Edgnex partnered with JLL to manage its upcoming facilities. The company plans to build a data center campus that could reach 70MW+ on a greenfield parcel of land bought jointly by DAMAC and Dataplex in Abbotstown, near Dublin. These developments are poised to drive the demand for FM services in the commercial space in the country.

Ireland Facility Management Market Share

Integrated Facility Management is expected to witness the highest growth rate

· There is a paradigm shift in the market as multiple industries are transforming from utilizing a single FM outsourcing type of model to an integrated services model that can meet all customers' core needs on a large scale.

· The ongoing war between Russia and Ukraine has increased the demand for hostels due to the sudden inflow of refugees into Ireland. In April 2022, Allpro Services, an integrated facilities management company, bagged the contract for managing the hostel accommodation.

· Vendors in the country have been indulging in acquisitions to offer FM services to their customers that offer multiple advantages for clients.

· The rising number of real estate activities in the country is driving the demand for integrated facilities management services. According to Eurostat, the total revenue generated from real estate activities in Ireland is expected to cross USD 5.5 billion by the end of 2025.

Ireland Facility Management Market Growth

Competitive Landscape

The Ireland Facility Management Market is fragmented, with numerous players of different sizes. This market is expected to experience several mergers, acquisitions, and partnerships as companies continue to invest in strategically offsetting the present slowdowns they are experiencing.

· April 2022 – ABM, a globally integrated facility services and solutions provider, completed its acquisition of Dublin-based Momentum Support in an all-cash transaction. This acquisition reflects ABM’s ELEVATE strategy to grow via strategic acquisitions that expand the company’s footprint in attractive geographies and end markets.

Recent Developments

· March 2022 - Mitie secured a multi-million-pound contract to provide integrated facilities management services to BAE Systems, covering 26 sites across the UK, including Ireland. The contract will see Mitie provide a suite of FM services, including mechanical, electrical, and building fabric maintenance, cleaning, reception, waste management, landscaping, mailroom, and energy management, as well as catering and pest control across the country.

· March 2022 - Sodexo Ireland formed a new strategic alliance with Sensori Facilities Management as it continues to build its Vital Spaces proposition. Sensori Facilities Management is a leading name in delivering complete FM packages customized to suit the needs of its clients in Ireland.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.2.1 Bargaining Power of Suppliers

      2. 4.2.2 Bargaining Power of Consumers

      3. 4.2.3 Threat of New Entrants

      4. 4.2.4 Intensity of Competitive Rivalry

      5. 4.2.5 Threat of Substitute Products

    3. 4.3 Assessment of COVID-19 Impact on the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Growing Demand for Efficiency in Supply Chain

      2. 5.1.2 Increasing Focus on Industry 4.0, Leading to More Manufacturing Facilities

    2. 5.2 Market Restraints

      1. 5.2.1 Market Saturation in the Public Sector

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Type

      1. 6.1.1 Inhouse Facility Management

      2. 6.1.2 Outsourced Facility Management

        1. 6.1.2.1 Single FM

        2. 6.1.2.2 Bundled FM

        3. 6.1.2.3 Integrated FM

    2. 6.2 By Offering Type

      1. 6.2.1 Hard FM

      2. 6.2.2 Soft FM

    3. 6.3 By End-User

      1. 6.3.1 Commercial

      2. 6.3.2 Institutional

      3. 6.3.3 Public/Infrastructure

      4. 6.3.4 Industrial

      5. 6.3.5 Other End-user

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles*

      1. 7.1.1 CBRE Group Inc

      2. 7.1.2 Sodexo Group

      3. 7.1.3 Kier Group PLC

      4. 7.1.4 Society of Chartered Surveyors Ireland

      5. 7.1.5 Cushman & Wakefield PLC

      6. 7.1.6 O'Brien Facilities Ltd

      7. 7.1.7 Savills PLC

      8. 7.1.8 Techcon FM Services Ltd

      9. 7.1.9 Reliable Facilities Management Private Limited

      10. 7.1.10 JPM Group

      11. 7.1.11 Manor Properties

      12. 7.1.12 Waterford Property Care

      13. 7.1.13 ACS Construction & Facilities Management

      14. 7.1.14 Mason Owen & Lyons Property Management Services Limited

  8. 8. INVESTMENT ANALYSIS

  9. 9. FUTURE OF THE MARKET

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Frequently Asked Questions

The Ireland Facility Management Market market is studied from 2020 - 2027.

The Ireland Facility Management Market is growing at a CAGR of >1.6% over the next 5 years.

Sodexo Group, Kier Group PLC, Society of Chartered Surveyors Ireland, O'Brien Facilities Ltd , CBRE Group Inc are the major companies operating in Ireland Facility Management Market .

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