Press release
Pest Control Market Size, Share, Analysis, Trends and Strategies 2024-2032 | ServiceMaster Global Holdings Inc. - United States, Bayer AG - Germany, Terminix International Company L.P - United States
Pest Control Market
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/pest-control-market-102854
๐ ๐จ๐ซ๐ญ๐ฎ๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌโข ๐ฅ๐ข๐ฌ๐ญ๐ฌ ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ง๐๐ฆ๐๐ฌ ๐จ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ. ๐๐ก๐ข๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐๐ฌ:
โข ServiceMaster Global Holdings Inc. - United States
โข Bayer AG - Germany
โข Terminix International Company L.P - United States
โข Anticimex - Sweden
โข Rentokil Initial Plc. - United Kingdom
โข Ecolab Inc. - United States
โข Truly Nolen - United States
โข Rollins Inc. - United States
โข Massey Services Inc. - United States
โข Bell Laboratories - United States
โข Other vendors
๐๐๐ ๐ฆ๐๐ง๐ญ-
Insects Segment to Dominate Market with its Proliferating Population
Based on the pest type, the insects segment dominated the market in 2019 with a 49.30% pest control market share. This is attributed to the rapidly multiplying insect population in both agricultural and non-agricultural areas.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ-
๐๐๐ฏ๐๐ง๐ญ ๐จ๐ ๐๐๐ฌ๐ญ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐๐จ๐ฅ๐ฌ๐ญ๐๐ซ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The rise in the number of fatal vector-borne diseases is a major factor in promoting the growth of the pest control market growth. The World Health Organization states an annual of 7,00,000 deaths to vector-borne diseases, which accounts for 17% of all infectious diseases in the world. Diseases caused by pests are promoting the need for various pest control methods such as biological, mechanical, and chemical methods, thereby augmenting growth. Additionally, the increasing urbanization and industrialization that propelled a rise in construction activities have also increased the hygiene standards among people. This further added impetus to the rise in the need for pest control.
On the negative side, the use of pesticides and insecticides is strictly monitored by various agencies such as the Environment Protection Agency (EPA) of the United States and the government. They have imposed stringent regulations on the use of fatal chemicals and highly toxic pest control products and services that may pose a threat to the environment. This may hamper the overall market in the coming years.
Nevertheless, the increasing adoption of the pest control software is currently trending, thereby creating lucrative growth opportunities for the future market.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/pest-control-market-102854
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ-
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฆ๐๐ซ๐ ๐๐ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ซ๐๐ฌ๐๐ง๐๐ ๐จ๐ ๐๐๐ฃ๐จ๐ซ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The increased awareness about the ill-effects of pest attacks on health and hygiene is a major factor boosting the North American market, thereby making it the largest contributor. In 2019, this region gathered a revenue of USD 9.59 billion on account of the increasing number of commercial and residential infrastructural development activities. This coupled with the presence of a majority of pest management market manufacturers will help this region continue dominating in the near future.
Asia Pacific market on the other side is anticipated to rise at a rapid pace on account of the rise in urbanization activities across the emerging nations such as Malaysia, China, India, and others. This, coupled with the rise in awareness about toxicity caused by pests and increasing expenditure on pest control products by consumers will help this region rise at a significant CAGR in the forthcoming years.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐-
๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ฆ๐ฉ๐ก๐๐ฌ๐ข๐ณ๐ข๐ง๐ ๐จ๐ง ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐ฏ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฎ๐ง๐๐ก๐๐ฌ ๐ญ๐จ ๐๐๐ข๐ง ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ซ๐ค๐๐ญ
There are more than 40,000 companies dealing with pest control products and services worldwide, thereby leading to a highly fragmented competitive landscape. Some of the highest shares of the market are contributed by players such as ServiceMaster, Rollins Inc., and Rentokil. They are engaging in collaborative efforts and investing in new products launched to gain a competitive edge in the market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.fortunebusinessinsights.com/enquiry/enquiry/pest-control-market-102854
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐ญ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
September 2019 - The fourth-largest pest control company, Nomor Holding AB was acquired by ServiceMaster for increasing product portfolio in the European market.
January 2019 - Rentokil acquired Multicontrole Pest Control, the giant company dealing with pest control in Brazil. The key objective of this acquisition is to expand the geographical presence of the market in the South American region.
๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ฐ๐๐ซ๐ฌ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ?
โข How fierce is the market competition?
โข How will government support to Integrated Pest Management boost market?
โข Which strategies are adopted by market players to gain a competitive edge in the market?
โข What is the impact of the COVID19 pandemic on the pest management market?
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฐ๐ฌ:
Rodenticides Market: https://www.fortunebusinessinsights.com/rodenticides-market-102826
Crop Protection Chemicals Market: https://www.fortunebusinessinsights.com/industry-reports/crop-protection-chemicals-market-100080
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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