Pest Control Services Market Size to Grow by USD 5.10 Bn| 45% of the growth to originate from North America| Technavio

Vendor Insights

The global Pest Control Services Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Anticimex International AB
  • Arrow Exterminators Inc.
  • Asante Inc.
  • Dodson Pest Control Inc.
  • Ecolab Inc.
  • Massey Services Inc.
  • Rentokil Initial Plc
  • Rollins Inc.
  • SANIX INC.
  • ServiceMaster Global Holdings Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report.

Geographical Market Analysis

NorthAmerica will provide maximum growth opportunities in Pest Control Services Market during the forecast period. According to our research report, the region will contribute 45% of the global market growth. In NorthAmerica, the United States other Canada are the most important markets for pest control services. The market in this region will grow at a slower rate than the markets in South America, Asiaand the Middle East other Africa.

Pest control services market expansion in NorthAmerica will be aided by factors such as stronger environmental regulations, decreased desire for hazardous remedies, less tolerance for pests, and an increased willingness to purchase pest control services over the projected period.

Furthermore, countries such as the US, UK, Canada, Germanyand France are expected to emerge as prominent markets for Pest Control Services Market during the forecast period.

Know more about this market’s geographical distribution along with the detailed analysis of the top regions. https://www.technavio.com/report/pest-control-services-market-industry-analysis

Key segment analysis

During the projected period, the residential segment’s pest control services market share will expand significantly. One of the major elements boosting demand for pest control services in the residential sector is urbanization. Pests can easily spread in most metropolitan areas due to the near proximity of dwelling quarters. Overcrowding, improper garbage disposal, water logging during the rainy season, and poor building quality, all of which are common in large cities, exacerbate the problem.

View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years.

Key Market Drivers & Challenges:

The global pest control services market is growing due to an increase in demand for insurance-based pest control services. Many vendors in the market are developing insurance-based pest management services for both residential and commercial consumers due to the high costs connected with pest control services. Customers are increasingly asking for pest treatment coverage to be included as a standard feature in house insurance policies.

However, the increasing availability of DIY pest control products is hindering the adoption of professional pest control services. The demand for DIY pest control products is increasing due to the easy availability of self-use pest control products. Furthermore, information and instructions on product use are easily available, particularly through online sources. The demand for self-use pest control products is high, especially among residential customers which is a key revenue contributing market segment. This can be a major challenge for pest control service providers with respect to their growth.

Download a free sample for highlights on market Drivers & Challenges affecting the Pest Control Services Market.

Pest Control Services Market Value Chain Analysis

Our study includes detailed information on the pest control services market’s value chain analysis, which suppliers can use to gain a competitive advantage during the forecast period.

The value chain of the pest control services market includes the following core components:

  • inputs
  • operations
  • Resourcing and communicating
  • Delivery and support
  • Connecting and innovating
  • Marketing and sales
  • Support activities
  • innovations

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Pest Control Services Market Scope

report coverage

details

Page number

120

base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2020-2024

$5.10 billion

Market structure

fragmented

YoY growth (%)

2.03

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 45%

Key consumer countries

US, UK, Canada, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Key companies profiled

Anticimex International AB, Arrow Exterminators Inc. , Asante Inc., Dodson Pest Control Inc., Ecolab Inc., Massey Services Inc., Rentokil Initial Plc, Rollins Inc., SANIX INC., and ServiceMaster Global Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get customized segments.

Table of Contents:

Executive summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market segmentation by application

  • Market segments
  • Comparison by application
  • General pest control – Market size and forecast 2019-2024
  • Termite control – Market size and forecast 2019-2024
  • Market opportunity by application

Market segmentation by end user

  • Market segments
  • Comparison by end user
  • Residential – Market size and forecast 2019-2024
  • Commercial – Market size and forecast 2019-2024
  • Market opportunity by end user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • NorthAmerica – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Anticimex International AB
  • Arrow Exterminators Inc.
  • Asante Inc.
  • Dodson Pest Control Inc.
  • Ecolab Inc.
  • Massey Services Inc.
  • Rentokil Initial Plc
  • Rollins Inc.
  • SANIX INC.
  • ServiceMaster Global Holdings Inc.

appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us:

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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