Pest Control Products And Services Market is expected to grow at a CAGR of 7.1% during the forecasted period | Evolve Business Intelligence

Key Highlights:
• The global Pest Control Products And Services Market size was valued at USD 25.2 billion in 2023 growing at a CAGR of 7.1% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Pest Control Products And Services Market size accounted for USD 25.2 Billion in 2023, growing at a CAGR of 7.1% from 2023 to 2033. Pest control products and services refer to the industry that provides solutions for managing and eliminating pests that can adversely affect human health, agriculture, and the environment. This industry encompasses a wide range of products and services, including insecticides, rodenticides, traps, fumigation services, and integrated pest management (IPM) strategies.

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As the world population continues to grow, there is an increased demand for food production. This drives the need for effective pest control to protect crops and ensure food security. The growth of urban areas creates favorable conditions for pests. Urbanization increases the need for pest control services in residential, commercial, and industrial spaces. The movement of goods across borders increases the risk of introducing new pests to different regions. This, in turn, boosts the demand for pest control measures to prevent the spread of invasive species. Stringent regulations and increased awareness regarding the environmental impact of traditional pesticides drive the development and adoption of more sustainable and eco-friendly pest control solutions.

Key Players
Some of the major Pest Control Products And Services Market players holding high market shares include Ecolab Inc., Rollins Inc., Rentokil Initial Plc., ServiceMaster Company, LLC, Massey Services Inc., Arrow Exterminators Inc., Sanix Incorporated, Asante Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Dodson Pest Control, Inc., Target Specialty Products, Pelsis Ltd., Killgerm Ltd., WinField Solutions, LLC, and Univer Inc.

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Segmental Analysis
Based on product type, the Pest Control Products And Services market is segmented into Insecticides, Rodenticides, Chemicals, Mechanical, and Others. The largest segment based on product type is Insecticides. This is likely due to the wide variety of insecticides available and their effectiveness against a wide range of pests.
Based on application, the Pest Control Products And Services market is Ant Control, Bedbug Control, Beetle Control, Bird Control, Cockroaches Control, mosquito and flies Control, Rat and rodent Control, Termite Control, and Others. The largest segment based on application is Ant Control. This is likely because ants are a common household pest and can be difficult to control.
Based on Service Type, the Pest Control Products And Services market is Chemical Control Services (Organic Control Services, Synthetic Control Services), Mechanical Control Services, and Other Pest Control Services. The largest segment based on service type is Chemical Control Services. This is likely because chemical control services are often the most effective way to control pests.
Based on End Use, the Pest Control Products And Services market is Residential, Commercial, Industrial, and Agriculture. The largest segment based on end-use is Residential. This is likely because homes are more likely to be infested with pests than other types of buildings.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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