USD 21.95 billion
Pest Control Services Market Size, Share, Growth Analysis, By Pest type(Insects, Rodents, Termites.), By Method(Chemical, Mechanical, Biological.), By Application(Residential, Commercial, Industrial.), By Region(North America, Europe, Asia Pacific, Latin America), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25S2016 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|Tables:
119
|Figures:
77
Pest Control Services Market Insights
Global Pest Control Services Market size was valued at USD 21.95 billion in 2022 and is poised to grow from USD 22.94 billion in 2023 to USD 32.62 billion by 2031, growing at a CAGR of 4.50% during the forecast period (2024-2031).
Climate change is acting as a major factor increasing the insect population and this augments the need for pest control services overall the globe. To avoid the worst scenario, of upcoming diseases consumers in the market are expected to perform pest control services, to avoid these types of damages. To gain share in the pest control market, top companies are developing new technological solutions to improve service efficiency, such as route optimization, use of smartphone apps to identify pests, online sales, mobile communication technologies to bring real time pest control support to the field.
Increasing demand for pest control services is attributed to the growing demand for pest control in residential buildings. This happened due to lack of regular cleaning and sanitization in old buildings and moisturized atmosphere in building increased pest infestation. Urbanization and restoration of older commercial and residential buildings are projected to rise, demand for pest control services in the forecast period.
US Pest Control Services Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Insects
Fastest Growth
Termites
Growth Rate
4.50% CAGR
Global Pest Control Services Market, 2022-2030 ($ Bn)
Country Share for North America Region- 2022 (%)
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Pest Control Services Market Segmental Analysis
The global pest control services market is segmented based on the basis of pest type, method, application, and region. Based on pest type, the Pest Control Services Market is segmented into insects, rodents, and termites. In terms of method, the Pest Control Services Market has been segmented into chemical, mechanical, and biological. With respect to segmentation by application, the Pest Control Services Market is categorized into residential, commercial, and industrial. Geographically, the market is widespread into North America, Europe, Asia-Pacific, Latin America, and MEA.
Pest Control Services Market Analysis by Pest Type
In terms of pest type, the insect segment dominated the pest control services market with a share of 42.5% in 2021. Growing numbers of insects are the major key factor for increasing demand for the insect type segment. The demand for insect control products is anticipated to grow where the climatic condition is warm and humid are ideal places for insect breeding.
The termite segment is anticipated to be the fastest growing segment in terms of pest type, to avoid damage by termite each government declaration worldwide promotes people to take initiative and opt for pest control services to control termite growth.
Pest Control Services Market Analysis by Application
The commercial category dominated the market and held 58% market share in 2021. Zero tolerance for pests in commercial categories, such as offices, hospitality, healthcare, food and beverage, and food industry have boosted the demand for pest control services. Strict regulation for hygiene maintenance has increased the demand for pest control in new infrastructure as well as old commercial areas.
The residential segment is the fastest growing segment owing to the increasing disposable income of people and the willingness. Increasing urbanization is the key factor for increasing the demand for pest control in the residential sector.
Global Pest Control Services Market By Pest Type, 2030 (%)
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Pest Control Services Market Regional Insights
North America dominated the market for pest control services, with a share of 48.8% in 2021. High awareness about the ill effects on health and economic loss due to pest attacks is a key factor augmenting the regional market growth during the forecast period. Additionally, the US government focused on infrastructure development of commercial and residential space in the country. Additionally, the presence of multiple players in this region is also projected to aid in this regional market expansion during the forecast period.
Asia Pacific is expected to expand at a faster rate during the forecast period. Increasing number of termites and mosquito population as well as pest infestations such as ants, cockroaches, rodents, and flying insects are the key factors augmenting the need for pest control services in the Asia Pacific market. Major food industries are sharing the responsibility for pest control with their suppliers and requiring management information to support certification needs. Japan dominated this region owing to the rising number of infrastructural development projects for residential purposes. The increasing economy is anticipated to boost the termite, unclean areas left for breeding, and rise in unhygienic lifestyle trends are projected to promote the regional growth of this market in the forecast period.
Global Pest Control Services Market By Geography, 2022-2030
- Largest
- Fastest
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Pest Control Services Market Dynamics
Pest Control Services Market Driver
Rising Concern over Prevalence of Vector borne Diseases.
- The increasing prevalence of vector-borne diseases and the rise in awareness about the use of pest control services are projected to augment the need for pest control services. The increasing cases of diseases that are caused by pests is promoting the demand for pest control services. Rising awareness about different pest control methods and their increasing affordability is likely to bolster the market growth during the forecast period.
Pest Control Services Market Restraint
Regulatory Scenario Associated with Pesticide Approval
- Pesticides and their usages are strictly monitored by the government and the highly toxic nature of pesticides, especially chemical pesticides and their side effects on the environment has increased government strict supervision. This factor may cause hindrance to the overall market growth during the forecast period.
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Pest Control Services Market Competitive Landscape
The global pest control services market is highly competitive in nature and somewhat fragmented. To maintain a strong position in the global market competition, major industry participants are focusing on implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnership strategies are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also investing in R & D.
Pest Control Services Market Top Player's Company Profiles
- Rentokil Initial
- Ecolab
- Rollins
- Anticimex
- Terminix
- Massey Services
- Truly Nolen
- Arrow Exterminators
- Orkin
- JG Pest Control
- Western Exterminator Company
- Pelsis
- Abell Pest Control
- Adam's Pest Control
- Presto-X
- Cook's Pest Control
- Wil-Kil Pest Control
- Northwest Exterminating
- Plunkett's Pest Control
- Pestforce
Pest Control Services Key Market Trends
- Remote monitoring and control of pests are the new market trend to control pests in the supply chain. Various trending technologies, such as AI, have been on the rise due to the low service cost and remote operation features. This is likely to augment the need for adopting AI in online pest control services in the coming years.
- Many pest control services companies are focusing on booking these services via a digital platform such as online applications. Interesting features such as pest identification images on such apps are key factors creating new growth opportunities for the global pest control services market in the foreseeable future.
Pest Control Services Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global pest control services market analysis, the increasing demand for pest control services due to unhygienic places is a prime factor augmenting market growth. To control pest breeding, the use of chemicals is preferred by pest control companies. Unfortunately the improper balance in the use of chemicals may pose a health impact on humans, thereby creating a challenging scenario for market manufacturers. The advent of artificial intelligence integration with online pest control services will serve as a significant industry trend.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 21.95 billion |
| Market size value in 2031 | USD 32.62 billion |
| Growth Rate | 4.50% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Pest Control Services Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Pest Control Services Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Pest Control Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Pest Control Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Pest Control Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Pest Control Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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