| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 0 Million |
| Market Size (2030) | USD 0 Million |
| CAGR (2025 - 2030) | 4.61% |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Latin America Facility Management Market Analysis by Mordor Intelligence
The Latin America Facility Management Market is expected to register a CAGR of 4.61% during the forecast period.
Facility management consists of multiple factors that influence the productivity and efficiency of organizations. The new management system standard, conforming with the best industry practices, constitutes a benchmark for developing and driving effective strategic, tactical, and operational FM principles across the Region.
- Latin America has witnessed a rise in the count of commercial establishments in significant countries, including Brazil and Mexico. The increase in commercial buildings needs advanced management facilities to provide a decent work culture. Thus, it requires in-house or outsourced management facilities like security, maintenance, cleanliness, etc., to ensure peace of mind and a favorable work environment.
- In recent times, infrastructure has become a crucial element in providing healthcare to the public. Hence, there has been an increased investment in developing healthcare infrastructure in the Region. Healthcare organizations are significantly investing in facilities to deliver advanced healthcare services.
- BIM is a model that illustrates a facility's functional and physical aspects and plays a vital role in the structured exchange of informational resources about the building, making BIM a crucial decision-making guideline. The demand for Building Information Modelling (BIM) has recently increased as many international organizations and governments promote BIM in the building life cycle.
- The need for enterprises to evaluate possible cyber risks across their OT environments and take action to strengthen their security posture is more than ever as IT and OT systems continue to converge. Facility managers may offer crucial insider advice in developing and implementing a diligent cybersecurity plan to safeguard important OT systems as the threat landscape changes alarmingly.
- The market is influenced by various factors in the post-pandemic world, with corporate and businesses focusing more on customer and employee well-being than ever. Providing better employability and customer experience pushes the service providers to incorporate new technologies like 3D printing, artificial intelligence, and machine learning.
Latin America Facility Management Market Trends and Insights
Commercial End User Segment is Expected to Hold Significant Market Share
- The commercial entities cover office buildings constructed or occupied by business services, such as corporate offices of IT and communication, manufacturers, and other service providers. Due to the provision of necessary fitments, interiors, and commercial buildings, decoration and management have gained significant importance, driving Latin America's commercial sector market.
- Commercial spaces require property accounting, renting, contract management, procurement management, and several other services, so hiring professionals becomes necessary. Due to such factors, the commercial category has further growth opportunities in the market, and the trend is likely to continue throughout the forecast period.
- Moreover, the commercial sector covers office buildings occupied by business services, such as corporate offices of manufacturers, IT and telecommunication, finance and insurance, property, and other service providers. The services are categorized into property, cleaning, security, catering, support, environmental management, etc. Among these, the property category has high demand due to the increased requirement for advertising rental properties and asset management and maintenance services.
- The rise in the IT sector across various countries will allow more commercial and facility management services expansion. For instance, the telecom players focus on 5G deployments in the region, creating significant opportunities for the region's facilities management sector. According to 5G Americas, as of June 2023, 28 5G networks were deployed in Latin America and the Caribbean. Brazil and Chile accounted for four networks of this next-generation technology each.
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Brazil is Expected to Hold Significant Market Share
- Brazil is becoming a hub for development in technology and other demographical changes. The region is attracting international investors to leverage the developing technological ecosystem. Various new facilities as a plan for global expansion by globally-operational companies are entering Brazil to utilize the economic benefits offered by the local government and overall portfolio for investments. The increase in data infrastructure, indicated by internet penetration and other factors to welcome future technologies like 5G, will encourage the market. According to GSMA, By 2025, Brazil was expected to have the maximum share of 5G mobile connections in Latin America, with the technology accounting for 20 percent of total mobile connections in the country.
- The Brazilian facility management market is driven by increased commercial establishments such as MNCs and local corporations, rising technological integration, increased efficiency, and rising FDI investments. This has increased the demand for facility management services in the country.
- According to the World Bank, Brazil was the second-largest economy in the Western Hemisphere, behind the United States, according to the United Nations Conference on Trade and Development (UNCTAD).
- Further, the country witnessed a significant infrastructure gap with increased globalization. Due to this, Brazil is undergoing widespread privatization. The government invests in programs to provide concessions to private companies and privatizes assets that private sector interests can best manage through improved efficiencies.
- Social and demographic changes in the country are also expected to affect the facility management market positively. At the beginning of 2022, 6.7% of the country's population was above the age of 64, which is expected to increase significantly in the following decades. This is expected to drive the demand for healthcare services in the country, which increases the demand for facility management in the country. The increase in FDI, globalization, and growth in green or energy-efficient buildings are anticipated to benefit the facilities management market in the country.
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Competitive Landscape
The Latin America Facility Management Market is semiconsolidated, with major players like CBRE Group, Inc., Cushman & Wakefield plc, Sodexo, Inc., Ecolab Inc., and Aramark Corporation. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In December 2022, Sodexo and Tetra Pak extended their global agreement for a five-year contract renewal. Sodexo has renewed its five-year agreement with Tetra Pak, an international food processing and packaging solutions company, to provide global integrated facilities management (IFM) services.
Latin America Facility Management Industry Leaders
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Sodexo, Inc.
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Ecolab Inc.
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Aramark Corporation
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Leadec Brazil
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Mancorp Facility Service
- *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments
- June 2023: Sodexo benefits and rewards services become pluxee, the new employee experience brand that opens up global opportunities. By adopting a new identity, the Benefits and Rewards Services activity intends to differentiate itself more strongly in a highly dynamic market. Pluxee allowed its client companies to promote their employer brand by offering their employees innovative and personalized solutions in the face of significant changes in the world of work.
- October 2022: Ardagh Group has selected Minas Gerais as their location for Brazil's first glass production facility. The advanced facility in Juiz de Fora will manufacture glass packaging for clients in the Brazilian market. Construction of the glass plant started in November and is scheduled to be fully operational by the end of this year. This would create a significant opportunity for the FM provider in the region.
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Latin America Facility Management Market Report Scope
Facility management (FM) is a profession that incorporates many disciplines to ensure functionality, safety, comfort, and efficiency of the built environment by integrating people, processes, places, and technology. FMs contribute to the business's bottom line through their responsibility for often maintaining an organization's most significant and most valuable assets, such as property, equipment, buildings, and other environments that house personnel, productivity, inventory, and other operation elements.
Facility management services involve building upkeep, utilities, maintenance operations, waste services, security, etc. These services are further divided into hard facility management services and soft facility management services.
Both in-house facility management and outsourced FM services are considered in the scope. The integrated facility management service (IFM) market and single and bundled services are included in the outsourced FM services segment.
The Latin America facility management market is segmented by service type (hard services [asset management, MEP and HVAC services, fire systems and safety, and other hard FM services] and soft services [office support and security, cleaning services, catering services, and other soft FM services]), offering type (in-house and outsourced [single FM, bundled FM, and integrated FM]), end-user (commercial, hospitality, institutional & public infrastructure, healthcare, industrial & process sector, and others), and country (Brazil, Mexico, Argentina, and Rest of Latin America). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
Service Type
| Hard Services | Asset Management |
| MEP and HVAC Services | |
| Fire Systems and Safety | |
| Other Hard FM Services | |
| Soft Services | Office Support and Security |
| Cleaning Services | |
| Catering Services | |
| Other Soft FM Services |
Offering Type
| In-house | |
| Outsourced | Single FM |
| Bundled FM | |
| Integrated FM |
End-user Industry
| Commercial (includes IT & telecom, retail & warehouses, etc.) |
| Hospitality (includes eateries, restaurants and large-scale & hotels) |
| Institutional & Public Infrastructure (includes government establishments, education, transportation (airports, rail works, etc.)) |
| Healthcare (includes public & private healthcare facilities) |
| Industrial & Process Sector (includes manufacturing, energy (covers oil & gas exploration), mining, etc.) |
| Other End-user Industries (includes multi-house residential, entertainment, cultural & recreational services, and sports & leisure) |
Country
| Brazil |
| Mexico |
| Argentina |
| Rest of Latin America |
| Service Type | Hard Services | Asset Management |
| MEP and HVAC Services | ||
| Fire Systems and Safety | ||
| Other Hard FM Services | ||
| Soft Services | Office Support and Security | |
| Cleaning Services | ||
| Catering Services | ||
| Other Soft FM Services | ||
| Offering Type | In-house | |
| Outsourced | Single FM | |
| Bundled FM | ||
| Integrated FM | ||
| End-user Industry | Commercial (includes IT & telecom, retail & warehouses, etc.) | |
| Hospitality (includes eateries, restaurants and large-scale & hotels) | ||
| Institutional & Public Infrastructure (includes government establishments, education, transportation (airports, rail works, etc.)) | ||
| Healthcare (includes public & private healthcare facilities) | ||
| Industrial & Process Sector (includes manufacturing, energy (covers oil & gas exploration), mining, etc.) | ||
| Other End-user Industries (includes multi-house residential, entertainment, cultural & recreational services, and sports & leisure) | ||
| Country | Brazil | |
| Mexico | ||
| Argentina | ||
| Rest of Latin America | ||
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Key Questions Answered in the Report
How big is the Latin America Facility Management Market?
The Latin America Facility Management Market size is expected to reach USD 0 million in 2025 and grow at a CAGR of 4.61% to reach USD 0 million by 2030.
What is the current Latin America Facility Management Market size?
In 2025, the Latin America Facility Management Market size is expected to reach USD 0 million.
Who are the key players in Latin America Facility Management Market?
Sodexo, Inc., Ecolab Inc., Aramark Corporation, Leadec Brazil and Mancorp Facility Service are the major companies operating in the Latin America Facility Management Market.
What years does this Latin America Facility Management Market cover, and what was the market size in 2024?
In 2024, the Latin America Facility Management Market size was estimated at USD 0 million. The report covers the Latin America Facility Management Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Facility Management Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Latin America Facility Management Market Report
Statistics for the 2025 Latin America Facility Management market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Facility Management analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
