Press release
Bed Bug Control Products and Services Market Analysis|Outlook & Forecast 2022| Terminix, Rollins
The common bed bug (Cimex lectularius) has long been a pest - feeding on blood, causing itchy bites and generally irritating their human hosts. The Environmental Protection Agency (EPA), the Centers for Disease Control and Prevention (CDC), and the United States Department of Agriculture (USDA) all consider bed bugs a public health pest. However, unlike most public health pests, bed bugs are not known to transmit or spread disease. They can, however, cause other public health issues, so it's important to pay close attention to preventing and controlling bed bugs.
Highlights
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Bed Bug Control Products and Services market is projected to reach US$ 3553.1 million by 2028 from an estimated US$ 2165.9 million in 2022, at a CAGR of 8.6% during 2023 and 2028.
Global Bed Bug Control Products and Services key players include Rentokil Initial, Terminix, Anticimex, Rollins, Ecolab, etc. Global top five manufacturers hold a share over 30%.
North America is the largest market, with a share about 45%, followed by Europe and Asia-Pacific, both have a share about 40 percent
In terms of product, Bed Bug Control Services is the largest segment, with a share over 60%. And in terms of application, the largest application is Residential, followed by Commercial.
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Complete study of the global Bed Bug Control Products and Services market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Bed Bug Control Products and Services industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Bed Bug Control Products and Services production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.
Segmental Analysis
The report has classified the global Bed Bug Control Products and Services industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Bed Bug Control Products and Services manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Bed Bug Control Products and Services industry.
Global Bed Bug Control Products and Services Market Segment By Type:
Bed Bug Control Products
Bed Bug Control Services
Global Bed Bug Control Products and Services Market Segment By Application:
Residential
Commercial
Competitive Landscape
It is important for every market participant to be familiar with the competitive scenario in the global Bed Bug Control Products and Services industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.
Key companies operating in the global Bed Bug Control Products and Services market include: Terminix, Rollins, Rentokil Initial, Anticimex, Killgerm, Ecolab, Massey Services, BioAdvanced, BASF, Harris, Spectrum Brands, SC Johnson, Ortho, Willert Home Products, Bonide Products, MGK
Key questions answered in the report:
What is the growth potential of the Bed Bug Control Products and Services market?
Which product segment will grab a lion's share?
Which regional market will emerge as a frontrunner in the coming years?
Which application segment will grow at a robust rate?
What are the growth opportunities that may emerge in the Bed Bug Control Products and Services industry in the years to come?
What are the key challenges that the global Bed Bug Control Products and Services market may face in the future?
Which are the leading companies in the global Bed Bug Control Products and Services market?
Which are the key trends positively impacting the market growth?
Which are the growth strategies considered by the players to sustain their hold in the global Bed Bug Control Products and Services market?
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