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Pest Control Market worth $38.06 billion by 2030, growing at a CAGR of 5.98% - Exclusive Report by 360iResearch

03-05-2024 10:47 AM CET | Consumer Goods & Retail

Press release from: 360iResearch

Pest Control Market | 360iResearch

Pest Control Market | 360iResearch

The "Pest Control Market by Control Method (Biological, Chemical, Mechanical), Pest Type (Insects, Rodents, Termites), Mode of Application, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Pest Control Market to grow from USD 25.33 billion in 2023 to USD 38.06 billion by 2030, at a CAGR of 5.98%.

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Pest control encompasses a wide range of products, services, and technologies aimed at managing, preventing, and eradicating pests that pose risks to human health, property, and the environment. Professional pest management services, chemical and biological pest control products (such as insecticides, rodenticides, and repellents), as well as innovative technological solutions, including remote monitoring systems and smart traps, all come under the practice of pest control. Increasing urbanization and globalization, which lead to increased instances of infestations and growing awareness about the importance of maintaining hygienic living conditions, have accelerated the need for pest control. Government initiatives promoting strict pest management practices have also elevated their demand worldwide. However, strict regulations regarding the registration, distribution, and usage of pesticides may hinder the development of innovative products. Market players are working on keeping up with the changing regulatory scenario while bringing new formulations, providing longer-lasting protection against target pests to address the limitations. The integration of IoT and AI technology in pest control provides opportunities for remote monitoring, data analytics, and predictive modeling that offer more efficient, proactive solutions and help clients make informed decisions about their pest management strategies.

Americas represents a growing market for pest control due to increasing urbanization and rising consumer awareness about health and hygiene. South America's pest control market is smaller but growing rapidly due to factors such as agricultural expansion, urban development, and increased international trade. Regarding production capabilities in the Americas, there are several large multinational companies operating in the region, and they are working on including technologies such as AI & ML to improve their product quality. The European market is advancing, driven by strong government regulations supporting preference for biological pest control methods. The region is home to some of the major global players working on expanding their production capacity across developing countries. The Asian pest control market is the fastest-growing geographical segment in this sector, driven by the growing need for controlling vector-borne diseases and a burgeoning middle class more conscious of health and hygiene. China and India are the most significant markets within Asia due to their large population sizes, rapid economic growth, and expanding urban areas. The Asian market also has significant players who offer cost-effective products based on their economies of scale production potential. Government initiatives in the region have encouraged integrated pest management programs, encouraging market growth.

Market Segmentation & Coverage:

This research report categorizes the Pest Control Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Control Method, market is studied across Biological, Chemical, Mechanical, and Software & Services. The Biological is further studied across Microbials, Plant Extracts, and Predatory Insects. The Chemical is further studied across Insecticides and Rodenticides. The Mechanical is further studied across Adhesive Traps, Light Traps, Malaise Traps, Mesh Screens, Trapping, and Ultrasonic Vibrations. The Mechanical is projected to witness significant market share during forecast period.

Based on Pest Type, market is studied across Insects, Rodents, Termites, and Wildlife. The Wildlife is projected to witness significant market share during forecast period.

Based on Mode of Application, market is studied across Baits, Pellets, Powder, Sprays, and Traps. The Baits is projected to witness significant market share during forecast period.

Based on Application, market is studied across Commercial, Industrial, Livestock, and Residential. The Residential is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.17% in 2023, followed by Americas.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Pest Control Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Pest Control Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Pest Control Market, highlighting leading vendors and their innovative profiles. These include Adama Agricultural Solutions Limited, Anticimex International AB, Aptive Environmental, LLC, Arrow Exterminators Inc., Atalian Servest Limited, BASF SE, Bayer AG, Bulwark Exterminating, LLC, Cook's Pest Control, Inc., DuPont de Nemours Inc., Ecolab Inc., Ensystex, Inc., Extermco Pest Control, Firstcare Environmental Services Private Limited, FMC Corporation, Greenhow Inc., Guaranty Pest Control, Inc., Massey Services, Inc., Max Pest Control Services, Orion Pest Solutions Pvt. Ltd., PelGar International Limited, PestCo, LLC, Rentokil Initial PLC, Rollins, Inc., Rose Pest Solutions by Bio-Serv Corporation, Scherzinger Pest Control, Sumitomo Chemical Co., Ltd., Syngenta Crop Protection AG, Truly Nolen of America, Inc., and UPL Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Pest Control Market, by Control Method
7. Pest Control Market, by Pest Type
8. Pest Control Market, by Mode of Application
9. Pest Control Market, by Application
10. Americas Pest Control Market
11. Asia-Pacific Pest Control Market
12. Europe, Middle East & Africa Pest Control Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Pest Control Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Pest Control Market?
3. What is the competitive strategic window for opportunities in the Pest Control Market?
4. What are the technology trends and regulatory frameworks in the Pest Control Market?
5. What is the market share of the leading vendors in the Pest Control Market?
6. What modes and strategic moves are considered suitable for entering the Pest Control Market?

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Sales & Marketing,
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Opposite Phoenix Market City,
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India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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