Will Termite Control Services be the Dominant Segment in Global Pest Control Services Market? | Arizton

Arizton's recent report on global pest control market states that the demand for general pest control services is higher in several geographies than termite control services.

The report also mentions that 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 control business. The regulatory push in the pre-construction industry is further supporting the growth of termite management services.

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 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:

US
Canada
Germany
France
Italy
UK
Spain
China
Australia
India
Japan
South Korea
Malaysia
Saudi Arabia
Turkey
Egypt
South Africa
UAE
Brazil
Mexico
Argentina
Colombia

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.

Key Vendors

Anticimex
Ecolab
Rentokil Initial
Rollins
Terminix
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

For more information, Request a free sample : https://www.arizton.com/market-reports/pest-control-services-market-analysis

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).

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

Request a free sample: https://www.arizton.com/market-reports/pest-control-services-market-analysis

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