Get actionable insights on how COVID-19 is impacting your business sector.Enquire now
This research report on the global pest control market covers sizing and forecast, share, industry trends, growth drivers, and vendor analysis. The study includes insights by pest types (general pest control and termite control), applications (residential, commercial, industrial, and other sectors), control type (chemical, mechanical, and other methods), and geography (North America, Europe, APAC, Latin America, MEA).
Pest Control Market: Dynamics
The global pest control market is witnessing a flurry of mergers and acquisition activities. The market is currently in the customer acquisition mode, and vendors are experimenting with value-added services and bundled offerings to gain customers' attention. There exists no uniformity on the global scale with respect to demand, labor cost, and application methods. They largely depend on the customer buying power and the economic condition of the country. It is a labor-intensive industry, and growing economic activities reinforce its growth.
The industry is highly competitive, as a large number of vendors characterizes it. For instance, in India, nearly 40% of the market is unorganized. The number of vendors in the organized sector has also increased, thereby affecting the industry in a multi-faceted manner.
In terms of geography, the market is dominated by North America, with approximately 50% share. The US leads the market globally, as many of the key vendors have their bases in the country and are pioneers in the industry. Rollins, Terminix, Rentokil are the three major vendors in the US, with services catering prevention and extermination of all types of bugs and termites.
The global pest control market is likely to grow at a CAGR of over 4% during the period 2019–2025.
Pest Control Market: Segmentation
This market research report includes detailed segmentation by product types, applications, control types, and geography.
The demand for general pest control services is higher in several geographies than termite control services. Japan, Europe, and North America are the major countries where termite treatment services are mainly high because the application of wood in these regions is high both in residential and commercial sectors. Factors such as the growth of viral diseases, improvement in living standards, and the growth of the population are driving the segment. The rise in the housing market in the developed countries is bolstering the termite treatment business. The regulatory push in the pre-construction industry is further supporting the growth of termite management services.
While the demand for non-chemical alternatives is increasing, especially from developed regions, developing countries are heavily dependent on chemical methods. Mechanical methods are limited to a certain type of bugs and have been losing share to chemical methods. The ease of availability and cost-effectiveness of chemical solutions are the major reasons for their high adoption. On the other hand, the lack of complexity in regulations with respect to the usage of mechanical or physical devices is preferred by service providers. APAC and Latin America are the major end-users of mechanical methods.
The demand for residential infestation control services is higher in Europe and North America than in APAC and Latin America. Globally, the demand is growing as climatic conditions vary across the region, and the requirement in each of the regions varies accordingly. However, the demand for mosquito eradication, termite extermination, and rodent control solutions is high in the residential sector.
The commercial sector uses annual maintenance contracts as they require infestation management services at regular intervals and accord high importance to these services. Historically, the hospital segment was the major end-users; however, due to the growing hygiene and cleanliness awareness, the demand from other commercial sectors is increasing. The industrial sector is one of the major end-users as they are required to maintain high standards of hygiene and cleanliness at manufacturing premises to ensure safety and security for employees.
The demand in North America is promising across application categories with end-user sectors preferring professionals than using DIY products. The high usage of wood in buildings, both residential and commercial sectors, provides significant opportunities for service providers. The region is expected to lead the global market during the forecast period, as the pest-free environment is accorded high priorities across application segments.
The growth of construction activities and the high prevalence of vector-borne diseases are major factors contributing to the growth in APAC. Moreover, the rise in the construction of commercial spaces - hospitality, airports, and industrial clusters - has tremendously contributed to the growth of the APAC pest control market.
The market in Europe is in the mature stage and also has a vast addressable market in Eastern Europe. The region is characterized by a high level of competition driven by inorganic growth strategies adopted by major vendors to leverage their best practices and gain profits.
Key Countries Profiled:
- South Korea
- Saudi Arabia
- South Africa
Key Vendor Analysis
The competition is intense, with several global, regional, and local players. The market is fragmented with only a few players occupying major shares. Vendors are implementing innovative products and services such as digital services and focusing on developing service portfolios to gain a higher share. The focus is shifting toward the digitization of pest control services or developing mobile supporting applications to enhance the customer’s experience.
- Rentokil Initial
- Truly Nolen
- Massey Services Inc.
Other Prominent Vendors
- Dodson Pest Control
- Lindsey Pest Services
- Cook’s Pest Control
- Clark Pest Control
- Florida Pest Control
- Arrow Exterminators
- Hulett Environmental Services
- Rose Pest Solutions
- JG Pest Control
- Cleankill Pest Control
- Eastern Termite & Pest Control
Key Market Insights
The analysis of the pest control market provides sizing and growth opportunities for the forecast period 2020–2025.
- Offers market sizing and growth prospects of the market for the forecast period 2020–2025
- Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market
- Includes a detailed analysis of growth drivers, challenges, and investment opportunities
- Delivers a complete overview of segments and the regional outlook of the market
- Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage
FILL IN YOUR DETAILS BELOW TO GET FREE SAMPLE OF THIS REPORT
Our reports have been used by over 10K customers, including:
CEO, Co-founder Audink Inc., DBA Audios
The report by Arizton was spot on. It not only gave us insight into the pro audio market, we used it to raise funds for our company. The data proved (to the VC we pitched to) that the market was large enough for our company to not only survive but also grow.
Senior Product Manager Interstates
I recently purchased a key Arizton Industry Outlook & Forecast in order to better understand growth for specific market segments and the macro environmental factors impacting this growth. I found Arizton’s coverage of the market dynamics and key takeaways to be insightful and valuable. The segmentation breakouts gave me the information I needed to guide strategic considerations.
Manager Market Analyst Power
Generation & Energy Rolls-Royce Power Systems AG
The provided information by Arizton really met my expectations. Especially the deep information about the datacenter ecosystem was very helpful. Furthermore, I absolutely appreciate the optimal service from the key account managers of Arizton. It was always a pleasure working with them.