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Exterminating and Pest Control Services Market: Strides Made with New Methodologies and Driving Factors to 2025
Exterminating And Pest Control Services Market Size
What is The Projected Market Size of the Global Exterminating and Pest Control Services Market and Its Growth Rate?
The exterminating and pest control services market has seen considerable growth and is predicted to continue this trend:
- The market size currently stands at $84.61 billion as of 2024.
- The market will grow to $91.29 billion in 2025, with a CAGR of 7.9%.
- The future is even brighter with the market expected to reach $121.88 billion by 2029 with a CAGR of 7.5%.
These growth rates are being fueled by factors such as health and safety concerns, regulatory compliance, population density, and advancements in pest control technologies.
What is Driving the Growth in the Exterminating and Pest Control Services Market?
The rise in pest-borne diseases is pushing the growth of the exterminating and pest control services market. Pest-borne diseases are illnesses transmitted by parasites, viruses, and bacteria carried by pests. Effective pest control measures such as extermination help to reduce the prevalence of these diseases. For example, the European Centre for Disease Prevention and Control reported a record number of human cases for West Nile virus infection in 2022, with increasing instances of locally acquired dengue fever. As cases rise, so too will the necessity for effective and efficient pest control services.
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Who Are the Key Players Driving Exterminating and Pest Control Services Market Growth?
Significant companies in the exterminating and pest control services market include:
- Rentokil Initial plc
- Rollins Inc.
- Anticimex Group
- Dodson Pest Control Inc.
- Ecolab Inc.
- Massey Services Inc.
- ServiceMaster Global Holdings Inc.
- Arrow Exterminators Inc.
- The Terminix International
- Bayer AG, BASF SE
- Syngenta AG
- FMC Corporation
- Lloyd Pest Control Ltd.
- Apex Pest Control Inc.
What Are The Key Trends in The Exterminating and Pest Control Services Market?
Key trends for growth in the forecast period include:
- Focus on education and prevention
- Emergence of smart pest control devices
- Regulatory compliance and certification
- Increased pest control in urban areas
- Incorporation of predictive analytics
What Are The Segments of The Global Exterminating and Pest Control Services Market?
The exterminating and pest control services market is segregated into several segments:
- Control Method: Chemical, Mechanical, Biological, Other Control Methods
- Pest Type: Insect, Termite, Rodents, Other Pest Types
- Application: Commercial, Residential, Industrial
Which Region Leads the Exterminating and Pest Control Services Market?
North America takes the lead in the exterminating and pest control services market as of 2024, and the trends are echoed globally with growth noticed in Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered in The Exterminating and Pest Control Services Market Global Market Report?
- Market Size Analysis: Analyze the Exterminating and Pest Control Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Exterminating and Pest Control Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Exterminating and Pest Control Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Exterminating and Pest Control Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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