Latvia Facility Management Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Latvia 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]), and by End-User (Commercial, Hospitality, Institutional & Public Infrastructure, Healthcare, Industrial & Process Sector, and Others). The Report Offers Market Sizes and Forecasts in Value (USD) for all the Above Segments.

Latvia Facility Management Market Size

Latvia Facility Management Market (2025 - 2030)
View Global Report

Latvia Facility Management Market Analysis

The Latvia Facility Management Market size is estimated at USD 0 million in 2025, and is expected to reach USD 0 million by 2030, at a CAGR of 2.5% during the forecast period (2025-2030).

  • The facility management sector in the country is fragmented, as most of the country's facilities rely on real estate operations.
  • According to BNP Paribas, From 2013 through 2020, the prime rent for office real estate in Riga, Latvia, grew yearly. The prime rent climbed by 43 euros between 2013 and 2020, reaching a total of 195 euros per square meter per year in 2020. Prime office rates in 2021 will remain steady at 195 euros per square meter.
  • In June 2021, The European Commission gave an upbeat assessment to emerge stronger from the COVID-19 pandemic, establishing a multimodal public transportation network by investing in environmentally-friendly transportation infrastructures such as trains, trams, electric buses, and bike lanes Euros 295 million.
  • Moreover, European Commission invested Euros 248 million in Energy efficiency in private and public buildings and Euro 80 million for the green and digital transformation of electricity grids to provide adequate electricity supply infrastructure for the Latvian economy and the deployment of electric cars.
  • COVID-19 has had a mixed economic impact on facilities management companies. The restrictions on people's movement resulted in a decline in project work and a reduction in activity at numerous customer sites. Significant market players, such as Cleanhouse, Elis, Civinity, City Services, and others, were adversely affected due to the pandemic lockdown.

Latvia Facility Management Industry Overview

The Latvian facility management market is consolidated with very few vendors in the market.

  • April 2022 - KPMG in Latvia, an international professional services firm, has become the third anchor tenant with a move of nearly 3000 m2 of space in the new Verde, Riga's greenest office complex. It is not only the most prominent office leasing transaction in the Latvian capital this year but also a crucial turning point in the growth of Verde.
  • January 2022 - Hepsor Latvia OÜ exercised an option to purchase 50% of Kvarta Holding OÜ under an option agreement signed in 2021. Kvarta Holding OÜ owns 100% of Kvarta SIA, which is developing a 116-unit residential building at Gregora 2a in Riga.

Latvia Facility Management Market Leaders

  1. Hagberg

  2. Clean House

  3. Elis

  4. Civnity Solutions

  5. City service

  6. *Disclaimer: Major Players sorted in no particular order
Hagberg,  Clean House,  Elis, Civnity Solutions, City service
Need More Details on Market Players and Competitors?
Download PDF

Latvia Facility Management Market News

  • March 2022: HAGBERG announced that it is collaborating with the operator Green Belt to expand the availability of battery sorting terminals in residential buildings in response to rising demand among apartment residents for waste sorting alternatives and processes.
  • December 2021: Civinity acquires the "Inservis" organization, run by "Invalda INVL." One of the significant asset management groups in the Baltics.

Latvia Facility Management Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
    • 4.1.1 Current Occupancy Rates
    • 4.1.2 Profitability Rates of Major FM Players
    • 4.1.3 Workforce Indicators - Labor Participation
    • 4.1.4 Facility Management Market Share (%), by Service Type
    • 4.1.5 Facility Management Market Share (%), by Hard Services
    • 4.1.6 Facility Management Market Share (%), by Soft Services
    • 4.1.7 Urbanization and Population Growth
    • 4.1.8 Sector Priorities
    • 4.1.9 Regulatory Drivers
    • 4.1.10 Competitive Landscape
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products and Services
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Impact of Macroeconomic Indicators on the Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing Emphasis on Outsourcing of Non-core Operations
    • 5.1.2 Increasing Investments in Infrastructure Development
  • 5.2 Market Restraints
    • 5.2.1 Fragmented Market with Several Local Vendors
  • 5.3 PESTEL Analysis
  • 5.4 Regulatory Landscape and Legislative Framework for a Market Entrant

6. MARKET SEGMENTATION

  • 6.1 Service Type
    • 6.1.1 Hard Services
    • 6.1.1.1 Asset Management
    • 6.1.1.2 MEP and HVAC Services
    • 6.1.1.3 Fire Systems and Safety
    • 6.1.1.4 Other Hard FM Services
    • 6.1.2 Soft Services
    • 6.1.2.1 Office Support and Security
    • 6.1.2.2 Cleaning Services
    • 6.1.2.3 Catering Services
    • 6.1.2.4 Other Soft FM Services
  • 6.2 Offering Type
    • 6.2.1 In-house
    • 6.2.2 Outsourced
    • 6.2.2.1 Single FM
    • 6.2.2.2 Bundled FM
    • 6.2.2.3 Integrated FM
  • 6.3 End-user Industry
    • 6.3.1 Commercial (includes IT & telecom, retail & warehouses, etc.)
    • 6.3.2 Hospitality (includes eateries, restaurants and large-scale & hotels)
    • 6.3.3 Institutional & Public Infrastructure (includes government establishments, education, transportation (airports, rail works, etc.))
    • 6.3.4 Healthcare (includes public & private healthcare facilities)
    • 6.3.5 Industrial & Process Sector (includes manufacturing, energy (covers oil & gas exploration), mining, etc.)
    • 6.3.6 Other End-user Industries (includes multi-house residential, entertainment, cultural & recreational services, and sports & leisure)

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles*
    • 7.1.1 Hagberg
    • 7.1.2 Clean House
    • 7.1.3 Elis
    • 7.1.4 Lassila & Tikanoja
    • 7.1.5 Civnity Solutions
    • 7.1.6 City service
    • 7.1.7 Lindstrom
    • 7.1.8 Fidinam Group
    • 7.1.9 Hermitage Asset Management
    • 7.1.10 UPS Serviss Centrs SIA
    • 7.1.11 SIA Alfastars
    • 7.1.12 SIA Clean R
    • 7.1.13 SIA Binders
    • 7.1.14 SIA Telms
    • 7.1.15 SIA Eco Baltia vide

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Latvia Facility Management Industry Segmentation

Facility management (FM) is a profession that incorporates many disciplines to ensure functionality, safety, comfort, and efficiency of the built environment by integrating people, process, place, and technology. FMs contribute to the business's bottom line through their responsibility for maintaining what is often an organization's most significant and most valuable assets, such as property, equipment, buildings, and other environments that house personnel, productivity, inventory, and other elements of the operation. The objective of professional FM as an interdisciplinary business function is to coordinate the demand and supply of facilities and services in both public and private organizations.

The Latvia 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]), and by end-user (commercial, hospitality, institutional & public infrastructure, healthcare, industrial & process sector, and others). 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)
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)
Need A Different Region or Segment?
Customize Now

Latvia Facility Management Market Research Faqs

How big is the Latvia Facility Management Market?

The Latvia Facility Management Market size is expected to reach USD 0 million in 2025 and grow at a CAGR of 2.5% to reach USD 0 million by 2030.

What is the current Latvia Facility Management Market size?

In 2025, the Latvia Facility Management Market size is expected to reach USD 0 million.

Who are the key players in Latvia Facility Management Market?

Hagberg, Clean House, Elis, Civnity Solutions and City service are the major companies operating in the Latvia Facility Management Market.

What years does this Latvia Facility Management Market cover, and what was the market size in 2024?

In 2024, the Latvia Facility Management Market size was estimated at USD 0 million. The report covers the Latvia Facility Management Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latvia Facility Management Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Latvia Facility Management Industry Report

Statistics for the 2025 Latvia Facility Management market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latvia 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.

Latvia Facility Management Market Report Snapshots

Compare market size and growth of Latvia Facility Management Market with other markets in Technology, Media and Telecom Industry

Access Report long-arrow-right