USD 21.85 billion
Global Pest Control Market Size, Share, Growth Analysis, By Pest Type(Insects, Termites), By Application(Residential, Commercial), By Control Method(Chemical, Biological) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2402 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
91 |
Figures:
76
Global Pest Control Market Insights
Pest Control Market size was valued at USD 21.85 billion in 2019 and is poised to grow from USD 23 billion in 2023 to USD 34.3 billion by 2031, growing at a CAGR of 5.3% in the forecast period (2024-2031).
Since house flies, bed bugs, cockroaches, and other pests frequently inhabit areas where people engage in activities that could seriously harm their health, pest management has become increasingly important in recent years. The expansion of urbanisation in developing markets and the establishment of megacities, which house over 15-20 million people, are responsible for the surge in popularity of pest control solutions.
Throughout the forecast period, it is also projected that severely changing climatic conditions, steadily rising environmental pollution, and the movement of insect species from rural to urban areas by migrant populations would all contribute to the growth of the worldwide pest control market.
The cost-effectiveness of the latest formulations and the toxicity and side effects connected with pest control products, however, are anticipated to restrain the expansion of the pest control market.
Due to their high population densities and sizable middle-class populations who are embracing pest management services in the region, markets like China and India are among the primary markets targeted by pest control service providers and pesticide suppliers.
US Pest Control Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Commercial
Fastest Growth
Commercial
Growth Rate
5.3% CAGR
Global Pest Control Market ($ Bn)
Country Share for North America Region (%)
Global Pest Control Market By Application ($ Bn)
Global Pest Control Market By Application (%)
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Global Pest Control Market Segmental Analysis
The global pest control market is segmented based on pest type, method of application, control method and region. Based on pest type it is categorized into insects, termites, rodents, and wildlife. Based on application Pest Control Market is categorized into: residential, commercial, industrial. On the basis of control method it is classified into chemical, biological, and mechanical treatment methods. Based on region Pest Control Market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Pest Control Market Analysis by Pest Type
A significant part of the pest types for which pest management is frequently used are insects. Since insects are known to be a severe hazard to both agricultural and non-agricultural areas, numerous goods and services are needed to manage and eliminate them. A significant hazard to human health is the spread of insects like ants and mosquitoes and their capacity to multiply exponentially. The pest control market solutions is expected to increase significantly in emerging countries, particularly in those with warm, humid climates, which are suitable for the development of a variety of insects. The rodent pest control industry is expected to benefit in the next years due to the fast growing rat and mouse population and increased awareness of the diseases they carry.
Pest Control Market Analysis by Application
Due to the rapid increase in the number of commercial buildings, the commercial segment has generated the most income in the year 2021.
The commercial segment, which includes offices, malls, hospitals, schools, and other commercial structures, is expected to continue to grow. The industry is being heavily driven by the high health and financial concerns associated with a pest infestation at public and commercial locations. During the projected period, the market size is anticipated to increase due to the increased affordability of commercial pest management services and governmental backing for various commercial pest management programmes. Because there are more homes being built and because common pests like cockroaches, rodents, ants, and others are becoming more widespread in homes, there will be a significant increase in demand for pest management goods and services in the residential market.
Global Pest Control Market By Application , 2023 (%)
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Global Pest Control Market Regional Insights
By region, the pest control market is spread across North America, Europe, Asia-Pacific, and LAMEA. While the Asia Pacific market is estimated to develop at the highest CAGR of 6.7 percent by 2028, the North American pest control market is predicted to be the largest by that time. North America had the greatest pest control customer base in 2021. It continues to be the leading pest control market with a share of 50.8 percent. Over 20,100 pest control businesses with an average of six technicians operate in North America. A steadily expanding economy and a strengthening real estate market have led to increased investments in both residential and commercial properties.
European nations are also concentrating on environmental protection and supportive government programmes to encourage the use of bio-based insecticides.
Global Pest Control Market By Region, 2024-2031
- Largest
- Fastest
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Global Pest Control Market Dynamics
Pest Control Market Driver
- Pest control is one of the most crucial elements of food safety in the global food supply chains. In addition to climate change, changes in the production, sourcing, and distribution of food have increased the possibility of pests contaminating food. Additional factors that are anticipated to motivate food producers and manufacturers to create more effective and sustainable solutions to assure food quality and safety include stricter laws for food safety and changes in consumer preferences.
- With fewer or no humans present to detect pest infestations or prevent pests like rats and mice, automation in the supply chain has increased as a result of changes in customer behaviour, such as the rise of internet purchasing. As a result, pest control producers are implementing shrewder and greener pest management techniques.
- IoT is a popular technology nowadays that supports remote pest monitoring and management. Businesses in the food industry can address these issues with food safety due to IoT technology. IoT devices have the ability to track and report pest activity in real-time, as well as gather data that offers fresh perspectives on pest behaviour that can enhance pest management and food safety.
Pest Control Market Restraint
- Data on the product's chemistry, toxicology, environmental toxicity, and toxicity to non-target organisms must be submitted as part of the registration procedure. Additionally, local testing is necessary in some nations to look at how the product affects pest populations. Pest control products are made to kill infestations, impair mating behaviour, or harm insects' central nervous systems. To prevent the accumulation of products in the environment, a skilled professional should effectively manage the number of items used.
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Global Pest Control Market Competitive Landscape
- There are a few worldwide players that are acting in larger part of the nations and a developing number of more modest players in the provincial level, who are offering moderate quality items in a reasonable scope of costs. The major players in the market are Anticimex International AB (Sweden), BASF SE (Germany), Bayer AG (Germany), Syngenta Crop Protection, LLC (Switzerland), Rollins, Inc. (Georgia), Rentokil Initial plc (UK), Dodson Pest (US) FMC Corporation (US), ADAMA (Israel), RATSENSE (Singapore), PelGar International (UK), Brandenburg (Germany).
Top Players in the Global Pest Control Market
- Rentokil Initial plc
- Ecolab Inc.
- Rollins Inc.
- Terminix Global Holdings Inc.
- Anticimex Group
- Truly Nolen of America Inc.
- Massey Services Inc.
- Arrow Exterminators Inc.
- Rentokil Steritech
- Western Exterminator Company
- The ServiceMaster Company LLC
- JG Pest Control
- Orkin LLC
- FMC Corporation
- Bayer AG
- BASF SE
- Syngenta AG
- DowDuPont Inc.
- Spectrum Brands Holdings Inc.
- Bell Laboratories Inc.
Pest Control Market Recent Developments
- In December 2021, A major supplier of top-notch pest management services, Clark's Termite & Pest Control was bought by Anticimex. Anticimex expects to increase the throughput of its pest management services in Carolina as a result of this acquisition.
- In March 2021, The development of enzyme products for crop protection against fungus and insect pests was a joint effort between FMC Corporation and Novozymes.
- In February 2021, To control pests on citrus farms, Bayer created the biological and pheromone-based crop protection product Vynyty Citrus. A container called Vynyty Citrus houses an active liquid. It is the only citrus pest control product available on the pest control market that is made using natural pyrethrum and pheromones. Pests are kept at bay by pheromones, which interfere with their mating habits and stop them from reproducing.
- In May 2020, to assure the safety of its customers and so empower them to combat the COVID19 pandemic, Terminix UK Ltd. introduced their innovative "HomeBox," a social distance pest management service solution, in homes and businesses across the UK. The HomeBox is made primarily to exterminate cockroaches, ants, and rodents. The HomeBox gives the customer the option to confirm with regulatory advice on social distance in addition to expert assistance from industry professionals.
Global Pest Control Key Market Trends
- Due to its low servicing costs and ability to operate constantly in remote and challenging-to-access regions without affecting the facility's functionality, AI has becoming more widely used. Consequently, it is anticipated that during the next few years, demand for digital pest control solutions would increase significantly.
Global Pest Control Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, by application, the commercial segment has the largest share of the pest control market. Pest type-wise, the insect segment has dominated the market. Region-wise, the North America region accounted highest market share with more than 50% of total market revenue.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 21.85 billion |
| Market size value in 2031 | USD 34.3 billion |
| Growth Rate | 5.3% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Pest Control Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Pest Control Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Pest Control Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Pest Control Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Pest Control Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Pest Control Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Pest Control Market Report Snapshots
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