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Pest Control Services Market is predict to Expand US$ 28.85 Bn by 2027

by Pedro G. Desentupimentos Lisboa

According to the new report titled, "Pest Control Services Market: GlobalIndustry Analysis (2012-2016) and Opportunity Assessment (2017-2027)," althoughAPAC accounts for relatively small market share in the global pestcontrol services market, the markets in APAC, MEA and Japanregions are expected to witness rapid growth over the forecast period. Pestcontrol service providers are concentrating on replacing toxic pesticides withbio-based pesticides to offer eco-friendly pest control services in order toensure adherence to stringent government regulations. Revenue from the globalpest control services market was valued US$ 16.72 Bn in 2016. By the end of2027, global pest control services market is expected to reach a value of US$28.85 Bn expanding at a CAGR of 5.1% over the forecast period i.e. 2017-2027.

Global Pest Control Services Market: Drivers

Growing urbanisation and increasing consumer awarenessabout health and hygiene are factors expected to increase uptake of pestcontrol services over the forecast period.

  • Escalating urban population across the globe has resulted inincrease in food sources and conducive living habitats for various pests suchas cockroaches, rodents and mosquitoes. This has led to strong demand for pestcontrol services worldwide. Moreover, rapid migration from rural to urbanareas, particularly in countries such as China, India and Indonesia, isexpected to drive demand for pest control services over the forecast period.
  • In developed as well as developing countries, end users,especially from residential and commercial sectors are becominghealth-conscious and sensitive about maintaining good health and hygiene. This,in turn, is leading to rise the adoption rate of pest control services in thesesectors
  • Conducive weather conditions for propagation of pests is leadingto further increase in pest population across the globe

    • Global Pest Control Services Market: Forecast by Service Type

    On the basis of service type, the global pest controlservices market is segmented into chemical control services, mechanical controlservices and others. Chemical control services is further sub-segmented intoorganic and synthetic. Mechanical control segment is expected to expand at aCAGR of 5.5% over the forecast period, due to increasing need for bird controlin the agricultural end user segment in developed regions. On the other handchemical control service is anticipated to remain the most dominant servicesegment in the market over the forecast period.

    PreviewAnalysis of Pest Control Services Market: Rodent Control Projected to be theMost Attractive Segment by Application: Global Industry Analysis (2012 – 2016)and Opportunity Assessment (2017 – 2027):https://www.futuremarketinsights.com/reports/global-pest-control-services-market-092017

    Global Pest Control Services Market: Forecast by End Use

    On the basis of end use, the global pest controlservices market is segmented into residential, commercial, industrial andagriculture. In terms of value, residential segment projected to be theattractive in the global pest control services market during the forecastperiod and is anticipated to register CAGR of 5.5% in terms of value over theforecast period. While, the commercial segment is estimated to account forrelatively high value share of 38.6% by 2017 end, and is anticipated toregister CAGR of 5.2% in terms of value over the forecast period.

    Global Pest Control Services Market: Forecast by Application

    Application segment includes rodent control, insectcontrol, other wildlife control and others. Insect control is furthersub-segmented into cockroaches, ants, bed bugs, termite, mosquitoes, Wasps, andflies. While, other wildlife control is sub-segmented into birds, fleas, andothers. Insect control segment is estimated to account for relatively highvalue share of 66.1% by 2017 end, and is anticipated to register CAGR of 5.0%in terms of value over the forecast period.

    Global Pest Control Services Market: Forecast by Region

    Seven regions namely, North America, Latin America,Eastern Europe, Western Europe, APEJ, Japan and MEA were covered in thisreport. North America is expected to be the most dominant market amongst allthe regions and is expected to account for 47.3% market share of the globalpest control services market by 2027 end. On the other hand, growingurbanization and industrialization in APEJ and Latin America is expected tofuel the growth of the market over the forecast period.

    GlobalPest Control Services Market: Key Players

    Environnemental Pest Services, LLC, BulwarkExterminating, Pepcopp Pest Control Services Pvt Ltd., Environnemental PestServices, LLC, Pest Control (India) Pvt Ltd., Truly Nolen Inc., Clark PestControl, Home Paramount Pest Control, Assured Environments, Anticimex, BluechipExterminating, National Exterminating, Ecolab, Inc, Rollins, Inc, RentokilInitial Plc, Service Master Global Holdings, Inc. (Terminix), Massey ServicesInc, Arrow Exterminators Inc, Sanix Incorporated, and Asante Inc. are some oft he key companies that are operating in this market.

    Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-5082

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    • About Us

    Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

    To find a quality Pest control in your city, do a simple Google search for "Pest control near me" and choose between all the companies in your area.


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    About Pedro G. Junior   Desentupimentos Lisboa

    1 connections, 0 recommendations, 16 honor points.
    Joined APSense since, January 27th, 2019, From Lisboa, Portugal.

    Created on Dec 8th 2019 18:11. Viewed 129 times.

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