Pest Control Market Size, Competitive Landscape, Regional Outlook, and Forecast to 2028 - PowerPoint PPT Presentation

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Pest Control Market Size, Competitive Landscape, Regional Outlook, and Forecast to 2028

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The pest control market is projected to reach $32.8 billion by 2028 from an estimated $24.9 billion in 2023, at a CAGR of 5.7% during the forecast period in terms of value. – PowerPoint PPT presentation

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Title: Pest Control Market Size, Competitive Landscape, Regional Outlook, and Forecast to 2028


1
Pest Control Market Size is Expected to Reach
32.8 billion by 2028 Globally The global
pest control market encompasses various
industries and services dedicated to managing
and eliminating pests that can adversely affect
human health, property, agriculture, and the
environment. This market is crucial for
maintaining hygiene, preventing property damage,
and ensuring the safety of crops and livestock.
The global pest control market includes both
residential and commercial segments and offers a
wide range of services and products. The
utilization of pest control products and services
is being driven by several factors that reflect
the evolving needs and priorities of
individuals, businesses, and industries.
Heightened awareness of the health risks
associated with pests and the diseases has
spurred a greater demand for proactive pest
management. Moreover, the increasing
urbanization and population density in
various regions have created an environment
conducive to pest infestations, necessitating
effective control measures. Pest control
market in terms of revenue is valued at
24.9 billion in 2023 and is anticipated to
reach 32.8 billion by 2028, growing at a
CAGR of 5.7 from 2023-2028 according to a
latest report published by MarketsandMarkets.
Increasing awareness of the health risks
posed by pests and the diseases they can
transmit is driving individuals and
businesses to prioritize pest prevention and
control. This heightened concern for health and
hygiene fuels the demand for pest control
services. Download an Illustrative overview
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id144665518 Global Pest Control Market
Report Scope
Report Metric Details
Market size value in 2023 USD 24.9 billion
Revenue forecast in 2028 USD 32.8 billion
Growth Rate CAGR of 5.7 from 2023 to 2028
Forecast period 20232028
Segments Covered Pest Type, Application, Mode of Application, and Region
Regions covered North America, Europe, Asia Pacific, South America, and RoW
Market Drivers Impact of climate change on pest proliferation
Market Opportunities Emergence of biological pest control solutions
  • Pest Control Market major players covered in the
    report, such as
  • Bayer AG (Germany)
  • Corteva Agriscience (US)
  • BASF SE (Germany)
  • Sumitomo Chemical Co. Ltd. (Japan)
  • Syngenta AG (Switzerland)

2
  • Rentokil Initial plc (UK)
  • Anticimex (Sweden)
  • Buy Pest Control Industry Report (234 Pages, 200
    Tables, and 50 Figures) https//www.marketsandmar
    kets.com/Purchase/purchase_reportNew.asp?id144665
    518
  • The research report categorizes the market into
    the following segments Pest Control Market by
    Application
  • Residential
  • Commercial
  • Industrial
  • Livestock
  • Other applications
  • Pest Control Market by Mode of Application
  • Powder
  • Sprays
  • Pellets
  • Traps
  • Baits
  • Pest Control Market by Pest Type

3
  • Request for Sample Pages https//www.marketsandma
    rkets.com/requestsampleNew.asp?id144665518
  • The key stakeholders in the Pest Control Industry
    include
  • Pest Control Companies These are the primary
    service providers in the market, offering a range
    of pest management solutions to
    residential, commercial, and agricultural
    clients. They develop strategies, implement
    treatments, and provide ongoing pest
    prevention services.
  • Consumers Residential homeowners, commercial
    property managers, farmers, and other clients
    are essential stakeholders as they seek
    pest control services to protect their
    properties, health, and investments.
  • Regulatory Authorities Government agencies at
    local, regional, and national levels regulate and
    oversee the pest control industry. They
    establish guidelines, standards, and licensing
    requirements to ensure the safe and effective use
    of pest control methods and products.
  • Environmental Organizations NGOs and
    environmental advocacy groups play a role
    in promoting sustainable pest control practices
    that minimize harm to ecosystems, non-target
    species, and the environment.
  • Research Institutions Universities,
    research organizations, and scientific
    institutions contribute to the pest control
    industry by conducting research on pest behavior,
    developing new pest management methods, and
    evaluating the efficacy and safety of existing
    products.
  • Pesticide Manufacturers Companies that produce
    pesticides, insecticides, rodenticides, and other
    pest control chemicals are crucial
    stakeholders. They invest in research
    and development to create effective products
    while adhering to regulatory guidelines.
  • Trade Associations Industry associations
    bring together pest control
    professionals, companies, and experts. They
    provide a platform for networking, knowledge
    exchange, and advocacy for industry interests.
  • Integrated Pest Management (IPM) Advocates
    These stakeholders promote the use of
    integrated approaches that combine multiple
    strategiessuch as biological controls, cultural
    practices, and chemical treatmentsfor
    effective pest management with reduced
    environmental impact.
  • Health and Safety Agencies Organizations
    dedicated to public health and safety collaborate
    with the pest control industry to prevent the
    spread of diseases carried by pests such as
    mosquitoes, ticks, and rodents.
  • Insurance Companies They are involved in the
    market by offering coverage for pest-related
    damage to properties. This can include
    coverage for termite damage or infestations
    that result in property damage.
  • Global Pest Control Market Frequently Asked
    Questions (FAQs)
  • What is the market size of the pest control
    industry?
  • What is the total CAGR expected to be recorded
    for the pest control market during 2023- 2028?
  • What are the drivers and opportunities for the
    pest control market?

4
  • 6. Which are the major companies in the pest
    control market? What are their major strategies
    to strengthen their market presence?
  • Get 10 Free Customization on this Report
    https//www.marketsandmarkets.com/requestCustomiza
    tionNew.asp?id144665518
  • This report provides insights on the following
    pointers
  • Diverse Pest Challenges The market addresses a
    wide spectrum of pests, including insects (ants,
    cockroaches, mosquitoes), rodents (rats,
    mice), termites, bedbugs, and more. Each
    pest requires specific strategies for effective
    control.
  • Health and Hygiene Pest control is essential for
    maintaining public health and preventing the
    spread of diseases carried by pests. Mosquito
    control, for example, is critical in regions
    where vector-borne diseases like malaria or Zika
    are a concern.
  • Urbanization and Pest Pressure Rapid
    urbanization can lead to increased pest pressure
    as human activity provides pests with suitable
    habitats and resources. Urban pest management is
    crucial for preventing infestations in densely
    populated areas.
  • Integrated Pest Management (IPM) The
    industry is moving towards more sustainable
    practices through IPM, which combines
    various strategies like biological controls,
    habitat modification, and targeted pesticide use
    to minimize environmental impact.
  • Regulations and Safety Pesticide use in pest
    control is subject to stringent regulations to
    ensure safety for humans, non-target species, and
    the environment. Pest control companies must
    adhere to these regulations while providing
    effective solutions.
  • Residential and Commercial Sectors Pest control
    serves both residential homeowners and commercial
    establishments. Restaurants, hotels,
    warehouses, and healthcare facilities all
    rely on pest management to meet health and safety
    standards.
  • Innovations in Technology Advancements like
    remote monitoring, data analytics, and digital
    tools are transforming pest control
    operations. These technologies enhance
    monitoring, early detection, and targeted
    treatment strategies.
  • Eco-Friendly Solutions Growing environmental
    awareness has led to the development of
    eco-friendly and non-toxic pest control
    alternatives. This includes botanical-based
    pesticides, pheromone traps, and natural
    predators.
  • Termites and Structural Damage Termite control
    is particularly important as these pests can
    cause substantial damage to buildings and
    structures. Regular inspections and preventive
    treatments are critical in termite-prone regions.
  • Global Market Growth The pest control market's
    growth is driven by factors like increased
    urbanization, globalization of trade, and
    climate change, which can influence
    pest behaviours and distribution.
  • Related Reports
  • Rodenticides Market Report

5
  • Company Information
  • Detailed analyses and profiling of additional
    market players (up to five)
  • Geographic Analysis
  • Further breakdown of the Rest of Europe
    pest control market into Netherlands,
    Poland, Greece, and Denmark.
  • Further breakdown of the Rest of Asia
    Pacific pest control market into New
    Zealand, Indonesia, Vietnam, South Korea, and
    Singapore.
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