Pest Control Market by Pest Type, Control Method, Mode Of Application, Application, and Region - 2025 - PowerPoint PPT Presentation

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Pest Control Market by Pest Type, Control Method, Mode Of Application, Application, and Region - 2025

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The overall pest control market is projected to grow from USD 20.5 Billion in 2019 to USD 27.5 Billion by 2025, at a CAGR of 5.04%. The rise in the popularity of pest control solutions can be attributed to the increasing scope of urbanization in developing markets and the emergence of megacities, which host over 15-20 million residents. – PowerPoint PPT presentation

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Title: Pest Control Market by Pest Type, Control Method, Mode Of Application, Application, and Region - 2025


1
MarketsandMarkets Presents
Pest Control Market - Forecast to 2025
https//www.marketsandmarkets.com/Market-Reports/p
est-control-market-144665518.html
2
The report "Pest Control Market by Pest Type
(Insects, Rodents, Termites, Wildlife), Control
Method (Chemical, Mechanical, Biological), Mode
Of Application (Sprays, Traps, Baits),
Application (Residential, Commercial,
Industrial), Region Global Forecast to
2025" The global pest control market is projected
to reach USD 27.5 billion by 2025, at a CAGR of
5.04 from 2019 to 2025. Browse 104 market data
Tables and 55 Figures spread through 212 Pages
and in-depth TOC on "Pest Control Market Global
Forecast to 2025 The rise in the popularity of
pest control solutions can be attributed to the
increasing scope of urbanization in developing
markets and the emergence of megacities, which
host over 15-20 million residents. Markets such
as China and India are among the key markets
targeted by pest control service providers and
pesticide suppliers due to their high population
density and a large middle-class population that
is adopting pest control services in the
region. The North American pest control market
is projected to be the largest between 2019 and
2025, while the Asia Pacific market is projected
to grow at the highest CAGR. North America was
the largest consumer of pest control in 2018. It
is still the largest market for pest control,
with more than 50 of the market share. There are
over 20,000 pest control companies in North
America, with an average of six technicians in
each company. The strengthening of the housing
market and a steadily improving economy have led
to increased investments in both residential and
commercial properties. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id144665518
3
  • The years considered for the study are as
    follows
  • Base Year 2018
  • Estimated Year 2019
  • Projected Year 2025
  • Forecast period 2019-2025
  • Objectives of the study are as follows
  • To describe and forecast the pest control market,
    in terms of control method, pest type,
    application, mode of application, and region
  • To describe and forecast the pest control market,
    in terms of value, by regionAsia Pacific,
    Europe, North America, South America, and the
    Rest of the Worldalong with their respective
    countries
  • To provide detailed information regarding the
    major factors influencing market growth (drivers,
    restraints, opportunities, and challenges)
  • To strategically analyze micromarkets, with
    respect to individual growth trends, prospects,
    and contributions to the overall market
  • To study the complete value chain of pest control
  • To analyze opportunities in the market for
    stakeholders by identifying the high-growth
    segments of the pest control ecosystem
  • To strategically profile key players and
    comprehensively analyze their market positions in
    terms of ranking and core competencies, along
    with detailing the competitive landscape for
    market leaders
  • Make an Inquiry https//www.marketsandmarkets.com
    /Enquiry_Before_BuyingNew.asp?id144665518

4
Insects are the major pest type driving the
growth of pest control market during the forecast
period. The insects segment dominated the pest
control market due to the high prevalence of
insects such as bedbugs, flies, mosquitoes, and
wasps. The prevalence of insects is high in all
the regions hence, the demand for pest control
for insects is high, globally. According to the
World Health Organization, mosquito bites result
in the deaths of more than 1 million people,
every year the majority of these deaths are due
to malaria. Therefore, pest control is largely
carried out to eradicate/kill mosquitoes. As per
the UK Climate Projections 2018 study, the summer
temperatures could be 5.40C hotter by 2070. With
climate change and rise in temperature, the
population of flies is projected to increase by
244 from 2015 to 2080, according to the World
Health Organization (WHO). This, in turn, is
projected to increase the demand for insect pest
control in the Europe. Thus, rising temperature
is one of the major factor for increased
prevalence of insects and thus increasing demand
for insect pest control globally. By
application, the residential segment dominated
the pest control market in 2018. The residential
segment is projected to exhibit a strong
potential for pest control service providers,
which is mainly driven by the middle-class
population and increased purchasing power parity.
The increasing population density, climate
change, and growing economic activities can lead
to a lack of resources and amenities to avert or
reduce pollution risks. In addition, improper
sanitary procedures and inefficient
implementation processes for public health
hygiene are projected to cause health risks in
the residential sector. The residential segment
mainly witnesses a surge in demand for pest
control services for the containment of
cockroaches, bed bugs, mosquitoes, and
termites. Speak to Analyst https//www.marketsan
dmarkets.com/speaktoanalystNew.asp?id144665518
5
  • Asia Pacific region is projected to witness the
    highest growth in the pest control market by
    2025.
  • The Asia Pacific region is among the
    fastest-growing regions for pest control. The
    regions high concentration of urban population
    and urbanization poses a strong potential for
    pest control service providers. The effects of
    climate change and in certain cases, the
    negligence toward sanitary conditions in urban
    slums has resulted in multiple disease outbreaks.
    Improvements in legislation and policies
    surrounding the requirement of pest control have
    benefitted pest control service providers in the
    Asia Pacific region. Additionally, the region has
    also been susceptible to many pest-borne disease
    outbreaks in the last two decades. From the last
    quarter of 2015, there has been a significant
    number of cases related to Zika virus in the
    region. Zika virus is a mosquito-transmitted
    Flavivirus and has been detected in several
    countries in the Asia Pacific region, which
    include Thailand, the Philippines, Malaysia,
    Vietnam, and Indonesia.
  • The key service providers in this market include
    Terminix (US), Ecolab (US), Atalian Servest
    (France), Truly Nolen (US), Rollins Inc. (US),
    Rentokil Initial Plc (UK), and Ecolab (US). The
    pesticide suppliers in the pest control market
    include Bayer CropScience (Germany), BASF
    (Germany), Syngenta AG (Switzerland), Sumitomo
    Chemicals Co. Ltd. (Japan), Adama (Israel), FMC
    Corporation (US), DowDuPont (US), PelGar
    International (UK), and Bell Laboratories (US).
  • Recent Developments
  • In January 2019, Control Solutions Inc. (US), a
    wholly owned subsidiary of Adama (Israel),
    acquired Bondie Products Inc. (US). The
    acquisition is expected to benefit CSI through
    the access of Bondies portfolio of pest control
    products and customer base.
  • In May 2018, Atalian (France) and Servest (UK)
    merged to form Atalian Servest, making it one of
    the largest facilities management outsourcing
    companies in the world. Both companies formed a
    joint venture in 2016 which led to the merger.

6
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7
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