What is the global market size of Pest Control Services Market?

The Pest Control Services Market size was valued at USD 21 billion in 2021 and is poised to grow from USD 21.95 billion in 2022 to USD 31.21 billion by 2030, growing at a CAGR of 4.5% in the forecast period (2023-2030).

What is the key driver of Global Pest Control Services Market?

The increasing prevalence of vector-borne diseases and rising awareness about pest control services drive the market. The rise in diseases caused by pests and increasing affordability of pest control methods contribute to market growth.

What is the key market trend for Global Pest Control Services Market?

Remote monitoring and control of pests using technologies like AI are emerging trends. AI offers low service costs and remote operation features, augmenting the need for AI in online pest control services.

Which region accounted for the largest share in Global Pest Control Services Market?

North America dominated the market with a 48.8% share in 2021. High awareness about health and economic impacts of pest infestations, along with government focus on infrastructure development, contributes to regional market growth.

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

Q: Who are the key vendors in the Global Pest Control Services Market?

The global pest control services market is highly competitive and somewhat fragmented. Major industry participants focus on implementing growth strategies like innovations, mergers, acquisitions, collaborations, and partnerships. Key players include 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, and Plunkett's Pest Control.

Report ID: SQMIG25S2016 | Region: Global | Published Date: April, 2024
Pages: 223 | Tables: 119 | Figures: 77

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.

Pest Control Services Market Report Snapshots

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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).

The pest control services market is highly competitive in nature and somewhat fragmented. To maintain a strong position in the 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. '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'

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.

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.

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.

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Pest Control Services Market Dynamics

Pest Control Services Market Report Snapshots

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What is the market size of Pest Control Services Market?

Who are the key vendors in the Pest Control Services Market?

What is the key driver of Pest Control Services Market?

What is the key market trend for Pest Control Services Market?

Which region accounted for the largest share in Pest Control Services Market?

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