An Incisive, In-depth Analysis on the Pest Control Services Market
This study offers a comprehensive, 360 degree analysis on the Pest Control Services market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Pest Control Services market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Pest control is a process for regulation and management of different living organisms that are harmful for human population. Pests such as termites, bedbugs, cockroaches, certain reptiles and other unwanted organisms affect day-to-day life and hinder human activity by interfering in agricultural, residential, commercial and industrial processes. Pest control management is carried out to eliminate pests and ensure hygiene and healthy lifestyle. Pest control management can be done with the help of various techniques, such as chemical control, mechanical control, and other pest control.
Market Value and Forecast
The global pest control services market has been estimated to be valued at US$ 16,007.2 Mn by 2015-end and is expected to expand at a 5.4% CAGR over the forecast period (2016–2026).
Growth of the global pest control services market is driven increasing pest population, attributed to the largely available food sources for small organisms and conducive living habitats. Besides, growing consumer awareness concerning health and hygiene in developed and developing countries is further fuelling market demand for pest control services. Other promising factors, such as easy availability of pest control service providers and increasing economic activity are also contributing to the growth of the market for pest control services. Changing global climate conditions conducive for the growth and evolution of pests, which affect human health, is projected to further boost demand for pest control services. International tourism is also an upcoming and prominent factor driving rise in demand for different types of pest control services. According to the statistics, there has been a 17.3% rise in influx of international tourists between 2010 and 2014, which is expected to increase to about 60% by the end of 2030.
Market Segmentation by Application
On the basis of application type, the market is categorised into ant control, bedbug control, beetle control, bird control, cockroaches, mosquitos & flies control, rat & rodent control, termite control and other applications such as moisture control, repellers, etc. Among these application segments, the termite control segment is expected to witness the highest growth over the forecast period.
Market Segmentation, by Service
Based on service, the market is segmented into three classes, namely chemical control service, mechanical control service and others. The chemical control service segment is further divided into two categories, i.e. organic chemicals and inorganic chemicals. The chemical control service segment is expected to expand at the highest CAGR over the forecast period.
Market Segmentation by End – User
Based on end user, the market is segmented into four main categories, namely residential, commercial, industrial, and agriculture. According to statistics, currently, the commercial end user segment accounts for the highest market revenue, whereas the agriculture segment is expected to expand at the highest CAGR over the forecast period.
In this report, the global pest control services market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). In terms of value, the North America market accounts for the maximum revenue share of the overall market followed by Western Europe. The North America Pest Control Services market is expected to expand at a CAGR of about 5.0%, and dominate the market in terms of value during the forecast period. Meanwhile, the APEJ market is expected to expand at the highest CAGR of above 6.0%, due to the increasing demand for maintaining better hygiene standards and high health care expenditure in the region. The APEJ market is very closely followed by the Latin America and the MEA market. The Western Europe market is expected to expand at a slow growth rate, followed by the Japan market. Among all the regions, the Eastern Europe market is expected to expand at a moderate CAGR of 5.7% over the forecast period.
Some of the major players in the global pest control services market covered in this report are Ecolab, Inc., Rollins, Inc., Rentokil Initial Plc., Service Master Global Holdings, Inc. (Terminix), Massey Services Inc., Arrow Exterminators Inc., Sanix Incorporated, Asante Inc. and Dodson Brothers Exterminating Company Incorporated. The report also describes company-specific strategies related to key developments and market consolidation initiatives by key players.
In this report, Future Market Insights (FMI) offers a 10-year forecast of the global pest control services market for the forecast period 2016-2026. In terms of value, the market is expected to expand at a CAGR of 5.4% through 2026. The current study reveals the market trends and market dynamics in all seven regions that are expected to positively affect the current market environment and future scenario of the pest control services market over the forecast period.
This Future Market Insights report inspects the pest control services market for the period 2016–2026. The prime objective of this report is to offer insights into developments in the pest control services market that are gradually helping transform global businesses associated with the same.
The global pest control services market report begins by defining various categories and their usage in pest control service. It is followed by market dynamics overview of the global pest control services market, which includes FMI analysis of market trends, drivers, restraints and opportunities, regulations, service demand analysis and government initiatives that are affecting growth of the pest control services market. It also covers an insight into population distribution versus price range of the services, by region, highlighting the popularity of different price ranged services. Impact analysis of the key growth drivers and restraints based on the weighted-average model has also been included in this report on the pest control services market after examining individual regions, to better equip readers with qualitative and quantitative insights on the ongoing progress of the services market and the corresponding latest trends in the market.
The prime factors powering the demand for pest control services are expansion of urban population, growing consumer awareness concerning health and hygiene, prevalent weather conditions supporting insect growth and rapid increase in lifestyle expenditures and international tourism. Increase in intolerance towards pest across the globe is also a positive factor favouring growth of the pest-control services market. Apart from the above factors, demographic shifts and increase in global population are among the major factors that could lead to rise in demand for pest control services in the near future.
Based on application type, the market is categorized into ant control, bedbug control, beetle control, bird control, cockroaches, mosquitos & flies control, rat & rodent control, termite control and others segments. Among all the application type segments, the termite control segment is expected to exhibit the highest growth, followed by the mosquitos & flies control segment, over the forecast period.
The market has also been segmented based on various services, such as chemical control service, mechanical control service and other pest control services segments. The chemical control service segment is further classified into organic control & synthetic control services in order to provide more deep insights on the segment. According to the analyses, the chemical control service segment is expected to exhibit a comprehensive and rapid growth, and acquire high attractiveness in the pest control services market over the forecast period. Under chemical pest control services, the synthetic chemical control segment is presently the most dominating segment in terms of value, whereas the organic chemical control segment is anticipated to gain more popularity in the coming years and is expected to expand at higher CAGR. Further, on the basis of end-user segment, the commercial end-user segment is found to currently dominate the pest control services market in terms of value, and is expected to remain the most attractive segment, among the rest. Meanwhile, the agriculture segment is expected to expand at the highest CAGR over the forecast period.
The next section of the report highlights the pest control services adoption, by region, and provides the market outlook for 2016–2026. The study investigates the regional trends contributing to growth of the pest control services market globally, as well as analyses the limit to which the drivers are influencing the pest control services market in each region. Main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).
The above sections, by application type, service, end-user and region, evaluate the present scenario and growth prospects of the pest control services market for 2016–2026. We have considered 2015 as the base year and provided data for the forecast period, i.e., 2016–2016.
To ascertain the pest control services market size, we have also taken into account the revenue generated by the various service providers. The forecast presented here assesses the total revenue by value across the pest control services market. In order to provide an exact forecast, we initiated by sizing up the current market, which forms the basis on how the pest control services market is expected to grow in the future. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of analysis, based on supply side, downstream industry demand and the economic envelope.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the pest control services market and to identify the right opportunities across the market.
The pest control services segments, by application, service, end-user and region, are analysed in terms of Basis Point Share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the pest control services market.
Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This has been overlooked while forecasting the market. However, absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the pest control services market.
To understand key growth segments in terms of growth and adoption for range of pest control services globally, Future Market Insights has developed an ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities.
In the final section of the report on pest control service, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view of the companies and their market share, based on categories of providers in the pest control services portfolio and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific service provider insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the pest control services marketplace.
Detailed profiles of service providers are also included in the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the pest control services market. Key market competitors covered in the report include Ecolab, Inc., Rollins, Inc., Rentokil Initial Plc., Service Master Global Holdings, Inc. (Terminix), Massey Services Inc., Arrow Exterminators Inc., Sanix Incorporated, Asante Inc. and Dodson Brothers Exterminating Company Incorporated.
Key Segments Covered
- Ants Control
- Bedbug Control
- Beetle Control
- Bird Control
- Cockroaches Control
- Mosquito & Flies Control
- Rat & Rodent Control
- Termites Control
- Others (Home Lizards, Moths Mites and Reptiles)
Chemical Control Services
- Organic Control Services
- Synthetic Control Services
- Mechanical Control Services (Traps, Repeller, etc.)
- Other Pest Control Services (Moisture Control, Sanitation, etc.)
- Chemical Control Services
Key Regions/Countries Covered
- Rest of Latin America
- Rest of Western Europe
- Rest of Eastern Europe
Asia Pacific Excluding Japan (APEJ)
- Greater China
- Australia and New Zealand
- Rest of APEJ
Middle East & Africa
- Southern Africa
- Northern Africa
- Rest of MEA
- Ecolab, Inc.
- Rollins, Inc.
- Rentokil Initial Plc.
- Service Master Global Holdings, Inc. (Terminix)
- Massey Services Inc.
- Arrow Exterminators Inc.
- Sanix Incorporated
- Asante Inc.
- Dodson Brothers Exterminating Company Incorporated
Pest Control Services Market Reports - Table of Contents
1. Executive Summary
2. Research Methodology
3. Assumptions & Acronyms Used