Pest Control Services Market to expand at a steady CAGR of 5.4% by 202X: Market Forecast 2018-2022, by Application (Insect Control, Pest Control, Termites Control, Others), By Service Type (Chemical Control Service, Organic Control Service, Synthetic Control Service, Others), and By End-use Industry (Agricultural, Industrial, Commercial, Residential) – Global Industry Insights, Trends, Outlook, and Opportunity Analysis
Due to an ever-increasing urban population all around the world, there is an increase in food sources and conducive living habitats for different kinds of pests like rodents, cockroaches and mosquitoes. Due to this, there is a strong demand for pest control products and services all over the world. In addition, rapid migration is being witnessed from the rural areas to urban centers and this is more prevalent in developing countries. This further increases the population density of urban areas and thereby is expected to boost the demand for pest control products and services during the period of assessment. 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.
There are rising concerns regarding the levels of toxicity in pesticides and the resultant health issues that arise due to the over use of toxic pesticides and this is restraining the growth of pest control products and services to a certain extent. Companies providing pest control solution and services are focusing on using bio-base pesticides instead of the toxic chemical pesticides so that they can claim to offer eco-friendly pest control products and services. Industries, especially food and beverages, adopt their own set of pest control measures, based on various factors such as raw materials used, production temperature and environment. Above mentioned issues are the restraining factors in this Market.
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North America and Western Europe Dominant Markets, APAC to Witness Robust Growth: Global Pest Control Services Market
Geographically, global pest control services market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America pest control services 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 pest control services 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 pest control services 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 pest control services 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 pest control services 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.
Precision Business Insights (PBI) in its report titled “Global Pest Control Services Market”: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 20XX-20XX and Forecast 20XX-20XX” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast.
Market Scope: Global Pest Control Services Market
Global Pest control services market is segmented on the basis of service type, pest type, and application
Based on the service type, the market is segmented into the following:
• Mechanical pest control services
• Chemical pest control services
• Biological pest control services
• Others
Based on the pest type, the market is segmented into the following:
• Termites
• Rodents
• Insects
• Ants
• Bedbug
• Beetle
• bird
Based on the application, the market is segmented into the following:
• Industrial
• Agricultural
• Commercial
• Residential
• Others
Based on geography, the market is segmented into the following:
• Americas
• APAC
• EMEA
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