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Pest Control Services Market Revenue and Future Prospects with Coverage of Current Scenario 2018 | Report Forecast 2026 | Top Key Players- Ecolab, Inc., Rollins, Inc., Rentokil Initial Plc, Rentokil Initial Plc, Massey Services Inc, Arrow Exterminators In
Pest control is the management and regulation of a variety of living organisms that adversely impact human activities. Pests such as cockroaches and termites hinder several agricultural, commercial, industrial, and residential activities. Pest control services performed to eliminate these pests in order to ensure hygiene and good health. Pest control services include, chemical control, mechanical control, and synthetic control among others.Moreover, growing tourism industry in the U.S is one of the major factors driving growth of the pest control services market in the region. This is owing to increasing demand for hygienic stays. According to the data published by the World Travel & Tourism Council, the U.S travel & tourism industry contributed US$ 1,501.9 billion in 2017, which was 7.7% of the U.S GDP.
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Global pest control services market was valued at US$ 16,179.8 Mn in 2017 and is projected to increase to US$ 24,105.7 Mn by 2025, witnessing a CAGR of 5.1% over the forecast period.
Major players operating in the global pest control services market include, BASF SE, Bayer AG, Syngenta AG, DOWDUPONT Inc., FMC Corporation, Rentokil Initial Plc., Ecolab Inc., Bell Laboratories, Inc., Rollins, Inc., and The Terminix International Co. Ltd.
Among end-use industries, commercial segment is expected to witness significant growth in the global pest control services market owing to growing construction industry that leads to increasing demand for wood for furniture. According Construction statistics released by office of national statistics in Great Britain (August 2018), the value of new construction work continued to grow in Great Britain reaching £109,387 million in 2017 from £100,000 million in 2016. Moreover, the infrastructure segment is expected to witness significant growth in Asia Pacific due to economies such India. According to India Brand Equity Foundation Report on infrastructure, June 2018, the Union Budget of the Government of India for 2018-19 allocated US$ 92.22 billion for the infrastructure sector. Growing infrastructure and construction sectors are expected to propel demand for wood furniture, which is in turn expected to drive growth of the pest control services market over the forecast period.
Players operating in the global pest control services market are focused on adopting various growth strategies to cater to increasing demand for pest control services. Several pest control companies offer insurance to consumers against pest control services. For instance, Western Exterminator Company Inc. provides termite home protection plan, which acts as a warranty against termite attack. The warranty offers replacement of structural timbers in homes that are damaged by termites. .
Furthermore, manufacturers are focused on developing novel technologies for controlling pest infestation, which is a key factor driving growth of the pest control services market. For instance, in June 2018, Terminix launched Quick Guard Mosquito Service, to quickly combat mosquitoes in homeowners’ yards. The treatment uses an integrated pest management approach and features a fast-acting, effective pesticide that has been tested in the most challenging mosquito environments.
On the basis of product, this report displays the sales volume (K MT), revenue (Million USD), product price (USD/MT), market share and growth rate of each type, primarily split into
Chemical Control Service
Mechanical Control Service
Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K MT), market share and growth rate of Pest Control Services for each application, includin
Rodent Control
Insect Control
Other
Table of Contents
Global Pest Control Services Market Report 2018
1 Pest Control Services Overview
2 Asia-Pacific Pest Control Services Competition by Players/Suppliers, Region, Type and Application
3 China Pest Control Services (Volume, Value and Sales Price)
4 Japan Pest Control Services (Volume, Value and Sales Price)
5 South Korea Pest Control Services (Volume, Value and Sales Price)
6 Taiwan Pest Control Services (Volume, Value and Sales Price)
7 India Pest Control Services (Volume, Value and Sales Price)
8 Southeast Asia Pest Control Services (Volume, Value and Sales Price)
9 Australia Pest Control Services (Volume, Value and Sales Price)
10 Asia-Pacific Pest Control Services Players/Suppliers Profiles and Sales Data
11 Pest Control Services Manufacturing Cost Analysis
12 Industrial Chain, Sourcing Strategy and Downstream Buyers
13 Marketing Strategy Analysis, Distributors/Traders
14 Market Effect Factors Analysis
15 Asia-Pacific Pest Control Services Market Forecast (2018-2026)
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