Pest Control Market Trends, Demand, Key Players and Analysis 2023-2028
IMARC Group, a leading market research company, has recently released a report titled “Pest Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global pest control market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Pest Control Market?
the global pest control market size reached US$ 23.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 31.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
What is Pest Control?
Pest control refers to the management or regulation of species defined as pests, usually because they are perceived to be detrimental to a person’s health, ecology, or economy. This can encompass a wide variety of organisms, including insects, rodents, birds, and other wildlife. Pest control methods can vary widely based on the type of pest, the extent of the infestation, and the environment in which the pest is found. Methods can include the use of chemicals, biological control (which involves introducing natural predators or diseases), physical control methods such as traps, or cultural control methods like habitat modification. Professionals in pest control, often referred to as exterminators, are trained in the safe use and application of pest control methods. They typically perform a pest inspection to identify the type and extent of the infestation, then recommend and apply the most effective solution.
What are the Growth Prospects and Trends in the Pest Control Industry?
The growing awareness about health and hygiene represents one of the key factors driving the growth of the pest control market across the globe. Pests, such as mosquitoes, ticks, and rodents can carry diseases that pose serious health risks to humans. Rapid urbanization and industrialization are contributing to the growth of the market. As more areas are developed, natural habitats for many species are destroyed, leading to a rise in pests in urban and suburban areas. This increases the demand for effective pest control solutions to maintain hygienic living and working conditions. The market is also driven by the changes in climate patterns which are impacting the distribution and prevalence of many pests. For instance, warmer climates are contributing to a rise in insect populations, while milder winters allow pests that typically die off in colder weather to survive and propagate. Moreover, the increasing agricultural activities, advances in technology, and various government regulations and policies, are some of the other factors creating a positive outlook for the market across the globe.
Integrated Pest Management (IPM) approaches have gained momentum, emphasizing environmentally friendly and sustainable solutions to pest problems. The industry has embraced the use of advanced technologies, such as smart traps, sensor-based monitoring, and drone applications for more precise and targeted pest control interventions. Additionally, there has been a growing focus on eco-friendly and non-toxic pest control methods, catering to the rising demand for greener alternatives. Data-driven decision-making has become a cornerstone of the industry, utilizing analytics and predictive models to anticipate and address pest infestations proactively. Furthermore, heightened awareness of public health and hygiene has driven demand for pest control services in commercial and residential settings, fostering the industry’s continuous growth and innovation in providing effective and safe pest management solutions.
Who are the Key Players Operating in the Pest Control Market?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Anticimex Ab
- Arrow Exterminators Inc.
- Atalian Servest Group Ltd.
- Dodson Pest Control Inc.
- Ecolab Inc.
- Massey Services Inc.
- Rentokil Initial plc
- Rollins Inc
- Sanix Incorporated
- Target Specialty Products
- Terminix Global Holdings and Truly Nolen of America Inc.
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What is Included in Market Segmentation?
The report has categorized the market based on type, pest type, application and region.
Breakup by Type:
- Chemical
- Mechanical
- Biological
- Others
Analysed by Pest Type:
- Insects
- Termites
- Rodents
- Others
Based on Application:
- Residential
- Commercial
- Agriculture
- Industrial
- Others
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
