Qatar Facility Management - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 100 Pages I Mordor Intelligence
The Qatar Facility Management Market size is estimated at USD 6.65 billion in 2024, and is expected to reach USD 10.41 billion by 2029, growing at a CAGR of 9.39% during the forecast period (2024-2029).
Qatar needs more facility management because of the government-led construction boom and the growing focus on green buildings.
Key Highlights
-In addition to transportation projects, the government aims to rapidly expand tourism, education, and real estate to maintain its competencies under the Qatar National Vision 2030 (QNV 2030). Further, as the 2022 FIFA World Cup deadline approaches, the region is witnessing a rise in construction activities and is upgrading its infrastructure.
-According to Qatar's Ministry of Finance, Qatar has a budget of 210.5 billion Qatari riyals (USD 58 billion) to complete the infrastructure projects. It is the most significant budget in the last five fiscal years in the Gulf states and follows a year of heavy spending on infrastructure projects.
-According to a Bloomberg report, World Cup-related infrastructure projects are valued at USD 300 billion. In addition to building stadiums specifically to host FIFA World Cup matches, Qatar has been investing in modernizing its infrastructure. The goal is to become more of a transport hub for a significant portion of the globe. Development of airports, upgraded roadways, a more extensive metropolitan network, and emerging cities are the country's top priorities.
-The shift in approach toward building energy-use reductions has led to a change in the roles of FM teams. Even though Qatar is ahead of most countries in the region when it comes to green building practices, the opportunities for FM operators are likely to grow even more as more and more developers and organizations in the country adopt green building practices.
-Further, Qatar's residential, commercial, industrial, and public infrastructure sectors are the most served. The upcoming sectors include oil and gas companies, banks, large waterfront properties, and sports and healthcare facilities. Furthermore, increased awareness among the buyers in the market is prompting facility management operators to match the pricing accordingly.
-In the future, FM operators will likely focus on incorporating technology-based solutions into their everyday operations. By embracing digital disruption, FM operators can collaborate between asset owners, developers, and service providers. Also, to stop the spread of COVID-19 in the area, the maintenance solutions that were already being used are being used for cleaning and sanitizing tasks like wiping down flat surfaces, touch panel displays, and door handles.
Micro- and macroeconomic factors limit market growth. While volatile oil prices are likely to impact the spending levels of end-users, the shortage of skilled labor and increasing labor costs prevent Facility Management companies from reaching their business goals.
Qatar Facility Management Market Trends
Public/ Infrastructure Sector Accounts for Significant Growth
- The government buildings in the country use services such as fire alarms and safety, energy management solutions, CCTV monitoring services, and other integrated facility management services. Local providers, such as Elegancia, aggressively seek clientele across government organizations and subsequent long-term project partnerships.
- The PWD sector is expected to roll out 19 infrastructure projects, with Residential Real Estate as a critical focus. These include plans to build hard infrastructure on more than 5,000 plots of land. Eleven other projects that include new healthcare facilities, schools, and highway and road expansions that were started earlier will be completed.
- Also, the introduction of freehold property has increased the number of property owners from Western countries that demand high facility management standards. According to Ian Harfield, CEO of CBFM, the Middle Eastern market is more dynamic in comparison to the US, European, and Australian markets. Moreover, service providers must be dynamic and agile to meet the clients' changing needs. Most international companies enter the Qatari market through joint ventures with local companies since retaining a skilled workforce is challenging.
- Qatar upholds its transport infrastructure with great connectivity through air, rail, road, and sea, which is a major contributor to the country's sustainable growth. The country continues to invest heavily in exploring areas for enhanced connectivity and upgrading the existing infrastructure. For instance, in the second half of 2021 last year, the spending on major infrastructure projects was QR 15 billion (USD 4 billion), which was 20.8% of the state's budget.
Further, the infrastructure push from the government is focused on providing more opportunities to local construction firms, with small-scale businesses expected to be the principal beneficiaries of nationwide development projects. This trend is expected to help create influential local facility management participants. With the availability of stronger local partners, the market is expected to attract foreign partners to continue to invest in large projects in a post-2022 scenario.
Increasing Emphasis on Green Building Practices
- The growing importance of Qatar in the market is due to the high number of certified green buildings. In the Middle East, only the UAE has a higher number of certified green buildings. Qatar has the fifth-highest number of LEED-registered and certified buildings outside the U.S.
- Qatar Green Building Council (QGBC), the local regulatory body, has been actively promoting sustainable practices. By organizing Qatar Sustainability Week (QSW), the regulatory body is raising awareness among a wider community (the public and private sectors).
- The Global Sustainability Assessment System (GSAS), developed by Qatar, is the world's most comprehensive green building assessment system. It was created after a thorough examination of 40 green building codes available worldwide.The codes developed strongly focus on sustainable development and environmental stress mitigation.
- Sustainable Energy Management Services are still one of the most important services that market vendors offer.The vendors' advisory services include reducing water consumption, carbon emissions, and ensuring compliance with legislation and energy consumption metrics.
- The city of Lusail, which epitomizes the government's Vision 2030 sustainable development plan, has a range of features, including water-sensitive landscaping plans and a district cooling system designed to save 65 million tons of CO2 a year.
Qatar Facility Management Industry Overview
The Facility Management Landscape is highly competitive, with several local and international players active in Qatar, such as Al Faisal Holdings (MMG Qatar), Sodexo Qatar Services, Al-Asmakh Facilities Management, G4S Qatar, and EFS Facilities Services. International FM participants operate in the country through partnerships with local players. With the market expected to broaden and yield more opportunities, more players are expected to enter the market soon. The recent developments in the market are:
In October 2021, Al Asmakh Facilities Management and A to Z Services announced their intention to merge to create one sizeable integrated facility management company in Qatar. The merger will result in the combination of eight individual entities, four of which are from A to Z services, and AL Asmakh Facilities Management will contribute four.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumption And Market Definition
1.2 Scope of the study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
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 Substitutes
4.2.5 Intensity Of Competitive Rivalry
4.3 Impact Of COVID-19 On The Market
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Emergence of Qatar as One of the Key Investment Destinations in the GCC
5.1.2 Growing Emphasis on the Outsourcing of Non-core Operations
5.1.3 Increase in Market Concentration Due to the Entry of Global Firms with Diversified Service Portfolios
5.2 Market Challenges/Restraints
5.2.1 Regulatory & Legal Changes
5.2.2 Growing Presence of Global Firms Collaborating with Regional Entities Pose a Challenge for Local Firms
6 MARKET SEGMENTATION
6.1 By Type
6.1.1 Inhouse Facility Management
6.1.2 Outsourced Facility Management
6.1.2.1 Single FM
6.1.2.2 Bundled FM
6.1.2.3 Integrated FM
6.2 By Offering
6.2.1 Hard FM
6.2.2 Soft FM
6.3 By End-User
6.3.1 Commercial
6.3.2 Institutional
6.3.3 Public/Infrastructure
6.3.4 Industrial
6.3.5 Other End Users
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Al Faisal Holdings (MMG Qatar)
7.1.2 Sodexo Qatar Services
7.1.3 Al-Asmakh Facilities Management
7.1.4 G4S QATAR SPC
7.1.5 EFS Facilities Services
7.1.6 Facilities Management & Maintenance Company LLC
7.1.7 Engie Cofely Mannai Facility Management
7.1.8 Como Facility Management Services
7.1.9 Amenity Facility Management & Services WLL
7.1.10 Emcor Facilities Services WLL
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.