APAC to Drive Pest Control Services Market by 2025 | Arizton

Anticimex, Ecolab, Rentokil Initial, Rollins, Terminix, Truly Nolen, and Massey Services Inc. are identified as prominent vendors in the global pest control market

 

Arizton’s recent research report on pest control market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights by pest types (general pest control and termite control), applications (residential, commercial, industrial, and other sectors), control method type (chemical, mechanical, and other methods), and geography (North America, Europe, APAC, Latin America, MEA).

 

The global pest control market is projected to grow at a CAGR of over 4% during the period 2019–2025

 

The pest control services market is a labor-driven industry, and its growth is reinforced by economic activities. Pest control services are provided a broad spectrum of services across categories – B2B, B2C, and B2G. Climate-related changes in the environment have ensured a regular demand for pest control services. With rising global temperatures, pest infestation has increased across the world. The industry is highly competitive, as it is characterized by a large number of vendors. North America dominates the market. With the presence of key vendors, the US leads the market worldwide. Rollins, Terminix, Rentokil are the three major vendors in the US with services ranging from prevention and extermination of infestations and termites.

 

Get your free sample now!

 

The pest control market is segmented into four major segments – pest type, application, method, and geography.

 

Chemicals segment to dominate the global market

The usage of chemical method is less complex, hence widely adopted across all application segments.  However, the rise of this method is also linked to the development of certain new chemicals, which are environment-friendly and have a low impact on the environment. The usage of chemical control methods is high in the commercial and industrial sectors, especially offices, hospitals, and manufacturing units as they are more effective for large spaces. While the use of mechanical control methods accounted for over 55% in the 90s, the application has since then been declining. 

 

Residential sector to grow at the highest CAGR during the forecast period

Europe and North America are experiencing a higher demand for pest control services in the residential sector than developing regions such as APAC and Latin America. Although the usage of DIY products growing across many regions, their impact has not been significant on the pest control services market of Europe and North America. Since the customers of APAC, Latin America, and Africa are low spenders on professional pest control services, DIY products have been gaining larger market shares, impacting the growth in the residential sector. The residential sector mainly requires exterminating services (smaller independent houses), while the larger apartments, and community dwellings demand both prevention and extermination services from vendors.

 

Get your free sample now!

 

APAC to emerge as the largest market for pest control services

Characterized by high GDP growth and the availability of strong macroeconomic indicators, the market in APAC is expected to grow at the highest CAGR during the forecast period. However, the adoption of professional service providers is low and pest management is largely limited to urban areas and a few tier-II cities. China is the leading country in the APAC pest control services market. The increased investment in the Chinese real estate market is the major driving factor for the growth of pest control services. In China, the presence of low entry barriers has spruced the growth of small players, catering to limited geographical areas and controlling a few types of infestations.

 

The report offers a detailed study of major trends, drivers, challenges and provides market sizing and forecast for major geographical regions and key countries.

 

Looking for more information? Click Here

 

About Arizton

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com

Call:  +1-312-235-2040

          +1 302 469 0707

Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email: Send Email
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/pest-control-services-market-analysis