Building Maintenance Market: Key Research Findings 2019
Yano Research Institute (the President, Takashi Mizukoshi) has conducted a survey on the building maintenance market in Japan, and found out the trend by building usage, the trend by operation, the trend in market players, and the future perspectives.
The building maintenance market in Japan is estimated to have grown slightly to 3,995.2 billion yen (based on the value at prime contractors) in FY2018, 106.8% of the size of the previous fiscal year. The market that was on the decline for the past few years is making an upward turn, expected to increase marginally in FY2018. Against a background of soaring personnel expenses, movement for reconsidering the contract unit price and acquiring the business deals with high profit has become prominent. Such positive attitudes among the building maintenance business players may have led to the expansion of sales.
Building Maintenance Market Share by Building Usage
The estimated market size of building maintenance in FY2018 by building usage (outlook) is approximately 134.7 billion yen for residence (3.4% share by building usage / 107.4% YOY) and approximately 3,860.5 billion yen for non-residence (96.6% / 106.8%). Out of all the items in the non-residence, the office buildings accounts for the largest share, with the market size of approximately 875.4 billion yen (21.9%/ 106.4%), roughly one fifth of the building maintenance market. Next in line is the stores/commercial facility, about 736.8 billion yen (18.4% / 106.5%), followed by other usages such as the school facility with 403.6 billion yen (10.1% / 105.2%), the medical/welfare facility with 390.8 billion yen (9.8% / 108.1%), and the factory/workplace with 387.4 billion yen (9.7% / 106.1%).
The size of the domestic building maintenance market is estimated to attain 4,027.2 billion yen (based on the value at prime contractors) in FY2019, 100.8% of the previous fiscal year. While the manpower shortage is still a major issue in FY2019, by focusing on to acquiring profitable business deals, the market is assumed to keep slight growth. Providing safe and secure work environment and guaranteeing quality in the maintenance operation will continue to be important issues for the building maintenance service providers, the major building maintenance enterprises in particular.
The copyright and all other rights pertaining to this report belong to Yano Research Institute.
Please contact our PR team when quoting the report contents for the purpose other than media coverage.
Depending on the purpose of using our report, we may ask you to present your sentences for confirmation beforehand.