Pest Control Services Market is anticipated to grow at USD 30.3 Billion by 2027

Precision Business Insights published a research report on "Global Pest Control Services Market: By Service Type (Mechanical pest control services, Chemical pest control services, Biological pest control services, others), By Pest Type (Termites, Rodents, Insects, Others), By Application (Industrial, Agricultural, Commercial, Residential, Others) and Geography- Global/Region/Country Forecast to 2027", The Global Pest Control Services Market was valued at USD 21 Billion in 2020 and is anticipated to grow at USD 30.3 Billion till 2027 recording a CAGR of 5.4% during the forecast period 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Global Pest Control Services Market: By Service Type (Mechanical pest control services, Chemical pest control services, Biological pest control services, others), By Pest Type (Termites, Rodents, Insects, Others), By Application (Industrial, Agricultural, Commercial, Residential, Others) and Geography- Global/Region/Country Forecast to 2027"

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Increasing health problems will foster the Pest Control Services Market Growth:
Pest control services involve the management of pest such as bed bugs, rodents, cockroaches, termites and other pests, which cause health risks to people. Pest control services are provides to industrial as well as commercial firms. The main goal of these pest control services is to maintain the hygienic surroundings from free of pests. Chemical control, mechanical control and biological control are the techniques used in pest control. Changing climatic conditions, increasing industrialization, implementation of strict rules for production industries, which require opting for pest control services and growing insurance based services are the factors evaluated to fuel the growth of the pest control services market.

Furthermore, availability of wider service, growing awareness about pest control amid key stakeholders and high disposable income are also projected to enhance the market growth over the forecast time span. But, high cost of pest control services is a major restraining factor for the pest control services market. Stringent regulatory rules for the use of pesticides are also expected to hinder the market growth. Growing awareness about the pest control services amid the people and increasing health problems impel the global market growth. Government initiatives for the innovation of novel pest control service techniques and protection of public health are projected to foster the market growth. A few other factors that enhance the market growth are acquisitions, collaborations, introduction of new pest control methods and mergers by key players of the market.

Impact of COVID-19 on Pest Control Services Market:
In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

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North America obtained larger revenue share in Pest Control Services Market:
North America accounted for larger revenue share followed by Europe and Asia Pacific owing to presence of leading industry players and stringent hygiene and food safety regulations are anticipated to foster the pest control services market growth. Pest control services market in Europe is growing because of the increasing number of food as well as pharmaceutical industries in the region. Asia Pacific market projected to witness considerable share owing to joint venture between key players. For example, Rentokil Initial Plc inked made did joint venture with Pest Control Pvt. Ltd India to speed up and expand the pest control business in India.

Competitive Analysis:
There are several major key players working in the Global Pest Control Services Market, which includes Rollins Inc. (U.S.), Rentokil Initial plc. (U.K.), Pest control Pvt. Ltd. (India), SenesTech, Inc. (U.S.), Ecolab Inc. (U.S.) and Massey Services Inc. (U.S.).

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