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Facility Management Market, Japan and South Korea, 2025–2030

Publisher Frost & Sullivan
Published Sep 25, 2025
SKU # MC20451240

Description

The mature Japanese and South Korean facility management (FM) markets are experiencing relatively stable growth post the 2020 disruption, as economic conditions are stable and growth is consistent. The effect of inflation calmed in 2023, and service providers are experiencing stability in terms of margins costs. The markets are motivated by the adoption of technology, regulatory stringency, and user demand for strategic value. Outsourcing in both countries is driven by aging infrastructure and sustainability objectives. FM providers with an integrated approach, compliance in mind, and the ability to offer innovative solutions are seen as key preferred partners.

Compared to other Asia-Pacific countries, Japan and South Korea have low outsourcing rates because of the dominance of conglomerate FM arms, fragmentation of service-line outsourcing, and extreme shortages of talent—obstacles to larger scale market development. Despite these obstacles, the regional market remains attractive to global and domestic FM providers. The large untapped FM universe, which equates to first-time outsourcing opportunities, coupled with existing high acceptance of technology-enabled value propositions among end users, create growth potential for service providers. The well-regulated standards and guidelines related to buildings and maintenance translates to market opportunities too.

This study analyzes the Japanese and South Korean FM markets, covering market drivers, restraints, forecasts, trends, and the competitive landscape of the overall market. It covers the 2022 to 2030 time frame, with 2024 being the base year.

Table of Contents

Research Scope
Scope of Analysis
Segmentation
Segmentation by Service Type
Segmentation by Customer Sector
FM Service Spectrum by Contract Type
FM Market Analysis Methodology
Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Facility Management Industry
Growth Opportunity Analysis
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue Forecast and Analysis
Revenue Forecast and Analysis by Service Type
Revenue Forecast and Analysis by End User
Outsourced FM Trend
IFM Penetration Trend
Competitive Environment
FM Supplier Capability Matrix by Service Type
FM Supplier Capability Matrix by End-User Sector
Growth Generator: Japan
Growth Metrics
Revenue Forecast and Analysis
Revenue Forecast and Analysis by Service Type
Revenue Forecast and Analysis by End User
Outsourced FM Trend
IFM Penetration Trend
Competitive Environment
Overview of FM Market Participants
Growth Generator: South Korea
Growth Metrics
Revenue Forecast and Analysis
Revenue Forecast and Analysis by Service Type
Revenue Forecast and Analysis by End User
Outsourced FM Trend
IFM Penetration Trend
Competitive Environment
Overview of FM Market Participants
Growth Opportunity Universe
Growth Opportunity 1: FM Service Integration
Growth Opportunity 2: Workplace and Occupant Experience Optimization
Growth Opportunity 3: Business Productivity and Organizational Resilience
Appendix & Next Steps
Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
Legal Disclaimer
How Do Licenses Work?
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