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Fumigation Service Market Trends, Regulations And Competitive Landscape Outlook to 2025

03-20-2017 01:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Fumigation Service Market Trends, Regulations And Competitive

Fumigation is a process of controlling pest through gaseous pesticide. Fumigation service market has shown a substantial growth and is expected to demonstrate a significant growth over the forecast period. Growing demand for controlling pest and increasing health concern as is driving the market growth.

Global fumigation service market is segmented on the basis of application which include ants, bed bugs, cockroaches, termites, beetles, flies, wasp and others (moths and mites). Among all these segment bed bugs is expected to account for major market share in terms of revenue followed by termites and flies.

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Fumigation Service Market Segmentation

Global fumigation service market is also segmented on the basis of type which includes natural fumigation and artificial fumigation. Artificial fumigation service is expected to account for the highest market share in terms of value. High percentage of the consumers are using artificial fumigation which is attributed to the segment growth during the forecast period. However natural fumigation segment in fumigation service market is expected to exhibit highest growth over the forecast period. Increasing demand for natural and ecofriendly products among the consumers across the globe is expected to support the growth of natural fumigation segment in fumigation service market over the forecast period.

Furthermore, global fumigation service market is also segmented on the basis of end user which includes commercial and residential. Among both of these segment commercial segment is expected to contribute major share in terms of revenue. Due to rising health concern and to maintain healthy work environment is expected to drive the commercial segment growth in fumigation service market over the forecast period. Residential segment is also expected to account for substantial growth over the forecast period. Growing awareness about pest services and improved standard of living is expected to contribute to the growth of residential segment over the forecast period. Moreover, increasing concern to protect crops from getting destroyed from these pest is also expected to support the growth of commercial segment during the forecast period. Commercial segment is further sub segmented as transportation services (containers), warehouse, farm/field, corporate offices and hospitality industry. It is expected that transportation service (containers) to be the major sub segment in terms of value contribution. Increased concern of importer and exporter to save their goods is expected to drive the growth of transportation service (container) segment in fumigation service market.

Globally, North America is expected to occupy the major position on the pie in terms of revenue in fumigation service market. In the region the U.S. is expected to account for major market share during the forecast period. This is due to the stricter federal and state regulations for commercial segment across the country. Moreover, emerging economies such as Asia Pacific, Latin America is expected to show lucrative business opportunities for fumigation services. This is because these region possess warmer climate which is suitable condition for pest to grow.

Fumigation Service Market Drivers

Increasing health issues and strict regulatory requirements especially in hospitality industry and food sector is expected to contribute to the market growth during the forecast period. Moreover rising awareness regarding the availability of fumigation services coupled with improved standard of living especially in emerging economies is expected to fuel the growth of fumigation service market during the forecast period. In addition, continuous launch of eco-friendly products and bio-pesticides is also expected to drive the demand of fumigation service market in the near future.

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Fumigation Service Market Key Players

Global fumigation service market is highly fragmented and dominated by large number of local players. Some of the major players operating in fumigation service market includes AlwaysEco Inc, EcO? B.V, Fumigation Services, Rentokil Initial plc, Flick Anticimex, Presto-X, WESTERN FUMIGATION, Alpha Fumigation Services Ltd among others.

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