Termite Baiting Treatments Market Growth Opportunities By 2028

Precision Business Insights published a research report on "Termite Baiting Treatments Market - Global/Region/Country Forecast to 2028".

Termite baits are made up of a little piece of wood and insecticides that serve to limit termite growth. Termite baits can also include cardboard, paper, or other appropriate termite food, as well as a slow-acting termite-killing agent. It's also a growth regulator for insects. A topsoil-applied liquid termiticide is used to treat termites in residential areas. The introduction of in-ground termite bait devices for pre-treating has created a profitable market potential. This technology is being used by builders in both the domestic and industrial sectors to avoid termites from entering and eating on freshly constructed properties. Furthermore, technological advancements have made it easier for anyone to install the baiting system.

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Termite bait products have the ability to bait and kill a whole colony of termites while also being non-hazardous and causing no damage to the environment. Leading market competitors, such as BASF and Ensystex, have already been setting the trend by launching updated termite baiting systems. Sales of termite bait products are projected to increase as the hospitality and tourism industries grow. Following the COVID-19 epidemic, severe mobility restrictions were imposed, effectively shutting down the travel & tourism business for more than a year. This resulted in significant loss in the hospitality and tourism industry, which is a big consumer of termite bait. With the pandemic under control, however, demand swiftly returned. As the hotel and hospitality industry reopened, sales of termite bait products increased. The demand for termite bait products has increased as a result of a greater emphasis on hygiene and cleanliness.

Based on termite type, the termite baiting treatments market is segmented into subterranean, dampwood and drywood. The termite baiting treatments market has also been segmented based on station type, into in-ground as well as above-ground. Based on type, the termite baiting treatments market is segmented into bait devices and liquid eradication methods. Based on distribution channel, the termite baiting treatments market is bifurcated into online and offline. Based on application, the termite baiting treatments market is categorised into residential and agriculture & livestock farms and commercial & industrial.

North America leads the termite bait system market due to increased employment of termite bait systems in the residential sector due to the huge number of wooden houses, consumer awareness, and service providers' strong presence and consumer reach in this area. Due to favourable climatic conditions and warmer temperatures in this region for the breeding of various varieties of termites, Asia-Pacific is predicted to grow at the fastest rate in the projection period of 2021 to 2028. The market in this region is expanding due to an increase in the prevalence of termite control products and services, as well as the fastest-growing economies with greater urbanisation.

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Some of the major key players in the Termite Baiting Treatments Market are Rentokil Initial, Orkin,,The Terminix International Company Limited Partnership, Hulett Environmental Services, American Pest Control, South Jersey Pest Control, American Pest, Safeguard Pest Control, Scout Pest Control, Green Termite Bait Systems, Dawson's Australia, Natural State Pest Control, Northwest Exterminating, All Pest QLD, Nature's Way Pest Control, FUMAPEST Pest Control and more.

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