Pest Control Services Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Global Pest Control Services Market: By Service Type (Mechanical pest control services, Chemical pest control services, Biological pest control services, Others), By Pest Type (Termites, Rodents, Insects, Others), By Application (Industrial, Agricultural, Commercial, Residential, Others) and Geography

 

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Report

Description

Pest Control Services Market was valued at USD 20.3 billion in 2021 and expected to reach USD 28.3 billion by 2027 growing at a CAGR of 4.65% during the forecast period 2021 to 2027. It includes the management of pest such as rodents, termites, bed bugs, cockroaches, and other pests which can cause health hazards to human. Pest control services are provided to both commercial and industrial establishments. The primary function of these services to maintain the hygienic surroundings with free of pests. Pest control can be done with various techniques such as mechanical control, chemical control, and biological control among others. Global Pest control services Market growth is driven by growing health concerns and increase in awareness among the people about the pest control services. Government initiations for the protection of public health and innovation of newer pest control service methods are anticipated to fuel the pest control services market over the forecast period. Moreover, acquisitions and mergers, collaborations, innovation of newer pest control methods by the market players also upsurge the revenue of pest control services market. For instance, in September 2015, Rentokil purchased U.S. pest control business Steritech to expand pest control services in North America region. Similarly, in March 2015, Terminix has acquired two Canadian pest control companies namely Excel Pest Control and Cabot Pest control for strengthening its pest control business segment in Canada. Companies are developing innovative technical solutions to improve service efficiency in order to win market share in the mature market. Route optimization, online sales, the use of smartphone apps to spot pests, mobile communication technologies to provide real-time technical support in the field, and smarter extranets to provide consumers with more management information are just a few examples.

Pest Control Services Market

MARKET SUMMARY
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4.65% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 4.65%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Pest Control Services Market

  • The report on global Pest Control Services Market gives historical, current, and future market sizes (US$ Bn) on the basis of service type, pest type, application and geography.
  • Pest Control Services Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Terminix International Company
  • Rollins
  • Rentokil Initial
  • Pest control
  • SenesTech
Dynamics

Pest Control Services Market

Increase in industrialization led to growth in pest control services, rise in insurance based services, change in climatic conditions, and implementation of stringent regulations for production industries, which require pest control process are anticipated to fuel the pest control services market. Moreover, rise in awareness about the pest control among key stakeholders, wider service availability, and high disposable income are expected to boost the pest control services market over the forecast period. However, high cost of pest control services and implementation of stringent regulatory guidelines for pesticides usage are anticipated to hamper the pest control services market.


North-America got significant share

Geographically, Global Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America market accounted for significant share owing to presence of huge number of pest control companies in North America region and stringent food safety and hygiene regulations are expected to fuel the market. Europe market is growing due to increase in number of pharmaceutical and food and beverages industries, and adoption of newer pest control methods in the region. Asia Pacific market anticipated to hold significant share due to increase in awareness about pest control services among the people and joint venture between the market players. For instance, in February 2017, Rentokil Initial Plc. inked an agreement to form a joint venture with Pest Control Pvt. Ltd. India (PCI) for accelerating its pest control business in India. Latin America market expected to exhibit significant growth rate owing to increase in the number of food and beverage industries, stringent regulations for production industries regarding hygienic environment, and growing health concerns in the region. Middle East and Africa market is driven by expansion of business by market players. For instance, in April 2013, Rentokil launched pest control services in UAE with major focus on commercial and residential pest control services.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015 to 2020) and forecast (2021 to 2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Pest Control Services Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Terminix International Company Ltd. (U.S.)
  • Rollins Inc. (U.S.)
  • Rentokil Initial plc. (U.K.)
  • Pest control Pvt. Ltd. (India)
  • SenesTech, Inc. (U.S.)
  • Ecolab Inc. (U.S.)
  • Massey Services Inc. (U.S.)
  • Sanix Incorporated (Japan)
  • Arrow Exterminators Inc. (U.S.)

Description

Pest Control Services Market was valued at USD 20.3 billion in 2021 and expected to reach USD 28.3 billion by 2027 growing at a CAGR of 4.65% during the forecast period 2021 to 2027. It includes the management of pest such as rodents, termites, bed bugs, cockroaches, and other pests which can cause health hazards to human. Pest control services are provided to both commercial and industrial establishments. The primary function of these services to maintain the hygienic surroundings with free of pests. Pest control can be done with various techniques such as mechanical control, chemical control, and biological control among others. Global Pest control services Market growth is driven by growing health concerns and increase in awareness among the people about the pest control services. Government initiations for the protection of public health and innovation of newer pest control service methods are anticipated to fuel the pest control services market over the forecast period. Moreover, acquisitions and mergers, collaborations, innovation of newer pest control methods by the market players also upsurge the revenue of pest control services market. For instance, in September 2015, Rentokil purchased U.S. pest control business Steritech to expand pest control services in North America region. Similarly, in March 2015, Terminix has acquired two Canadian pest control companies namely Excel Pest Control and Cabot Pest control for strengthening its pest control business segment in Canada. Companies are developing innovative technical solutions to improve service efficiency in order to win market share in the mature market. Route optimization, online sales, the use of smartphone apps to spot pests, mobile communication technologies to provide real-time technical support in the field, and smarter extranets to provide consumers with more management information are just a few examples.

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