Pest Control Services Market Outlook & Key Findings
- Global pest control services market is set to record impressive growth between 2020 and 2030. Future Market Insights (FMI) projects it to rise at a CAGR of 6% between 2020 and 2030
- Higher sales witnessed in Latin America makes it a highly lucrative region for pest control service providers
- In Europe, both Germany and France are likely to emerge as attractive markets for pest control services
- Sales recorded in high potential markets such as India, China, and Mexico is expected to surpass the established ones. As per FMI these countries accounted for nearly one-fourth of the overall market share in 2019
Pest Control, Considered Imperative in Building Restoration, Records Demand Uptick
Pest control services market is evolving, thanks to the advent of new technologies. Coupled with this, higher focus on consumer engagement is enabling growth in the pest control services market.
Pests often comprise significant problems during restoration of aging structures. Lack of regular cleaning and sanitization may trigger pest infestation in any buildings. Pests breed in unclean environment, it is therefore understood why pest control services are imperative for building restoration.
Labors working in restoration sites therefore are often exposed to various germs. More importantly, if left unattended, pest infestation can cause vector-borne diseases. Given the rising number of building restorations in both commercial and residential sectors, FMI projects that the demand for pest control services will surge considerably between 2020 and 2030.
A plethora of factors are responsible for pest control services market’s trajectory. As depicted in the chart below, the rising demand from agriculture will boost the market. According to FMI, the agriculture segment is expected to gain 50 – 150 Bps between 2020 and 2030.
Smarter Use of Technology is Shaping Pest Control Services Market
The advent of novel technologies has been a harbinger of growth opportunities in the pest control services market. As is with other consumer goods products and services, pest control services market too has adopted a more consumer-centric approach.
There is immense focus towards improving the precision and effectiveness of services, which is resultantly driving the pest control services market. From scheduling appointment with prospective clients to designing a more pertinent service, modern technologies are allowing customization. FMI sees this as an incredible opportunity for small and medium sized companies to strengthen their footprint in the market.
Very recently Modern Pest has Anticimex SMART system that uses GSM and radio network to communicate with installations and delivers information to reporting system. Evidently companies are now focusing on consumer centric services. To ensure better precision, they have brought smart technologies such as GPS and cloud computing into the picture.
Including extranets can offer greater management information to pest control service providers. It also offers them access to information about customers. To customers it offers them the facility of performance tracking. Technology can also help pest control service providers improve their productivity.
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Higher Adoption of Route Optimization Software to Help Pest Control Service Providers Offer Better Customer Satisfaction
An increasing number of pest control services are adopting route optimization software. It frees up more time for the professional to line up new clients and bring new opportunities in the business. For instance, PestPac RouteOp is designed by WorkWave LLC with a sophisticated routing technology offering greater visibility and control over how professionals manage their day.
PestPac’s Visual Route Manager is another software offered by the same company. It is intended to help managers map one time or recurring orders and re-route multiple projects for territory management and planning.
Shift to Bio-pesticides Aimed at Creating a Stronger Footprint in the Agricultural Sector
Pest control services market is a fragmented one rendering the players highly competitive. They are consistently looking for modern ways of developing more effective products and services. Pesticides are in high demand in the agricultural sector hence there is immense focus on making services more developed.
An increasing number of companies are likely to shift to bio-pesticides for managing wastes. FMI observes that the sector is also gaining attention from multinational agrochemical companies. This way they can have opportunities of offering a complete solution to growers through a combination of chemical and biological crop protection products.
Through this combination they intend to offer a combination of natural pest control with agrochemicals. Their efforts are expected to pave way for the growth of the market in the coming years.
Door-to-Door Marketing Remains Popular Even as Companies Shift to Modernization
Door-to-door marketing continues to be a favorite strategy among companies even as they adopt modern technologies to build their brand image. Small scale companies especially show a higher adoption of the marketing technique in order to forge direct consumer relationships.
Established enterprises are not to be left behind. Top players such as Aptive Environmental, and Ehrlich Pest Services are believed to generate more than 50% of their revenue through door-to-door marketing sales.
Advertisement in newspapers, magazines and via leaflets are continued, albeit at a smaller scale. Instead there is more focus on leveraging online channels to spread message among consumers. Market players are not shying away from adopting modern advertisement tools, which according to Future Market Insights will prove to be a key growth enabler.
Bundled Packages are in the Offing as Companies Aim at Profit Maximization
While not a novel concept, bundled services are making a comeback. An increasing number of companies are extending tiered packages to boost profit and eliminate seasonality. Bundled services are often preferred by customers since they can save paying a la carte for services, while for companies, technicians are allowed to perform more than one service in a single visit.
Tiered packages are a hit among various end users. Food safety and pharmaceutical companies are often bound by stringent regulations. Meaning they are required to adhere to a strict set of regulations to confirm the quality of their products and services. These laws also mandate a certain standard of sanitization and cleanliness for these companies.
Hence they often prefer investing in bundled services to derive maximum advantage from the single visit of a technician. Such services create a win-win situation for industries seeking pest control services on one side and service providers on the other.
Presence of Numerous Companies is making it Difficult to Retain Customers
The pest control services market is brimming with enterprises. The presence of a high number of market players has made it even more difficult to woo new customers and retain the existing ones.
Large-scale multi-disciplinary companies continue to attract more commercial customers since they offer one-stop solution. This has made it highly difficult for local players to establish a solid footprint in the market.
Besides this, reliance on do-it-yourself (DIY) methods among consumers is surging. As they make highly effective and natural methods of controlling pests at home and outside, market players will be compelled to eliminate the presence of any toxic substance in their products.
Additionally, higher competition creates more price pressure for companies. They are compelled to keep the prices of their products and services competitive, which may have negative impact on their overall sales proceeds.
Pest Control Services Market: Regional Analysis
North America currently holds dominance in the pest control services market. The U.S. is the world’s single largest market for pest control services. About 29% Americans are estimated to experience a rodent issue at some point of time, while Northeast region alone contributes to 35% of total pest infestation in North America.
Higher regard to cleanliness among consumers in North America, especially the U.S. will support the expansion of the market in the region. Besides this, Latin America and South Asia are expected to emerge as lucrative markets for pest control services
Leading players in Pest Control Services Market
The presence of various prominent companies has rendered the pest control services market highly competitive. Besides focusing on strategic collaborations such as merges, acquisitions, and expansion of sales channels, these companies are investing in innovations. For instance an increasing number of companies are launching organic pest control products and services to reduce water accumulation and eliminate the presence of harmful substances.
FMI profiles some of the leading companies operating in the market. These include:
- Terminix International Company, L.P.
- Rollins, Inc.
- Ecolab, Inc.
- Massey Services, Inc.
- Arrow Exterminators
- Cook's Pest Control, Inc.
- Aptive Environmental, LLC
- Truly Nolen of America, Inc.
- ABC Home & Commercial Services
- Green Pest Solutions
- Animal Pest Management Services, Inc.
- Lloyd Pest Control
- Rentokil Initial PLC
Pest Control Services Market: The Way Forward
At an age and time when toxic chemicals are linked to various diseases and environmental hazards, denizens are gradually moving away from traditional methods of pest control to more organic ones.
The demand for bioinsecticides and biopesticides is therefore increasing as more people adopt organic farming. Future Market Insights has predicted this paradigm shift to organic products will be a game-changer for pest control services market. In the near future, companies who can successfully diversify their portfolio to include more natural ingredients will be at a greater advantage.
Higher awareness about toxic chemicals present in pesticides is already encouraging customers to seek out DIY methods of maintaining pest free environment in their homes and gardens. Inability of companies to provide them with organic alternatives could cost them heavily.
Simply put, the pest control services market will be driven by higher focus on sustainability in the coming years. Chemicals often cause irreversible loss to the environment. Realizing the potential of organic and sustainable methods, more companies in the pest control services market are likely to move away from methods using chemicals
PEST CONTROL SERVICES MARKET TAXONOMY
The global pest control services market is segmented in detail to cover every aspects of the market and present a complete market intelligence approach to readers.
- Chemical Control Services
- Mechanical Control Services
- Other Pest Control Services
- Rodent Control
- Insect Control
- Other Insects Controls
- Wildlife Control
- Other Applications
Pest Control Product
- Other Chemicals
- Other Products
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa