The facility management (FM) sector in the Kingdom of Saudi Arabia is poised for solid growth over the next few years with its market set to hit $52.5 billion by 2029, up from the last year's figure of $39.4 billion, growing at a CAGR of 5.9%, according to a whitepaper to be presented by The Middle East Facility Management Association (MEFMA), in collaboration with global research and consulting firm Frost & Sullivan.

 

It will be launched during an exclusive online webinar on August 20 offering policymakers, developers and FM professionals early insight into the trends, innovations, and disruptions shaping the future of the industry across Saudi Arabia. 

 

The new comprehensive white paper will offers deep insight into the current and future outlook of Saudi Arabia’s FM sector. The launch comes as the kingdom accelerates its Vision 2030 transformation, highlighting the sector's growing role in shaping sustainable, world-class infrastructure and services.

 

The sector is buoyed by the $2.1 trillion construction pipeline from giga and mega projects including NEOM, Red Sea, Qiddiya, AlUla, Diriyah Gate, Amaala, Al Widyan, and Jabal Omar, that is set to transform tourism, hospitality, residential, commercial, entertainment, utilities, and other sectors in line with Saudi Vision 2030.

 

Expo 2030 is also expected to significantly boost FM demand.

 

Launch of King Salman International Airport in 2030, targeting up to 120 million passengers, set to drive significant FM demand in KSA across operations, maintenance, and specialized service contracts.

 

Healthcare and education are the leading end-user segments, accounting for nearly 60% of outsourced FM demand.

Healthcare boom is fuelled by rising hospital infrastructure needs, with demand projected for over 44,000 new industrial jobs and thousands of additional hospital beds by 2035

 

Increase for outsourced FM services has grown to 37% in 2024 valued at $14.3 billion.

 

MEFMA President Jamal Lootah said: "This white paper marks a critical milestone in the development of Saudi Arabia’s facilities management industry, which is playing an increasingly vital role in the success of the kingdom’s ambitious transformation. As FM becomes more integrated into national infrastructure, sustainability and service delivery goals, access to accurate, forward-looking insights is essential."

 

"This publication reinforces Mefma’s commitment to providing knowledge-driven content that enables smarter decision-making, promotes sustainable best practices, and aligns closely with the priorities of Vision 2030. Our aim is to empower both public and private sector stakeholders with the strategic foresight needed to plan for long-term impact," stated Lootah.

 

Eng. Mohannad AlMadhi, the MEFMA Board member (KSA), said the FM sector stands at the heart of the kingdom’s transformation, underpinning the success of mega projects, urban development, and quality-of-life initiatives. 

 

"As demand grows in scale and complexity, with all the upcoming PIF-led projects, operational excellence is becoming a national imperative. This white paper captures the realities on the ground and charts a path forward that equips industry players with the insights needed to innovate, adapt, and build a world-class FM ecosystem that reflects the ambitions of Vision 2030," stated AlMadhi.

 

This report is part of Mefma’s mission to elevate the facilities management industry through professional education, research, and regional engagement, and is one of several in-depth studies paving the way for Mefma Confex 2025, the region’s flagship FM conference later this year in the UAE.-TradeArabia News Service