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Pest Control Services Market size was valued at USD 21.95 billion in 2022 and is poised to grow from USD 22.94 billion in 2023 to USD 32.62 billion by 2031, growing at a CAGR of 4.50% during the forecast period (2024-2031).

The pest control services market is highly competitive in nature and somewhat fragmented. To maintain a strong position in the market competition, major industry participants are focusing on implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnership strategies are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also investing in R & D. 'Rentokil Initial', 'Ecolab', 'Rollins', 'Anticimex', 'Terminix', 'Massey Services', 'Truly Nolen', 'Arrow Exterminators', 'Orkin', 'JG Pest Control', 'Western Exterminator Company', 'Pelsis', 'Abell Pest Control', 'Adam's Pest Control', 'Presto-X', 'Cook's Pest Control', 'Wil-Kil Pest Control', 'Northwest Exterminating', 'Plunkett's Pest Control', 'Pestforce'

The increasing prevalence of vector-borne diseases and the rise in awareness about the use of pest control services are projected to augment the need for pest control services. The increasing cases of diseases that are caused by pests is promoting the demand for pest control services. Rising awareness about different pest control methods and their increasing affordability is likely to bolster the market growth during the forecast period.

Remote monitoring and control of pests are the new market trend to control pests in the supply chain. Various trending technologies, such as AI, have been on the rise due to the low service cost and remote operation features. This is likely to augment the need for adopting AI in online pest control services in the coming years.

North America dominated the market for pest control services, with a share of 48.8% in 2021. High awareness about the ill effects on health and economic loss due to pest attacks is a key factor augmenting the regional market growth during the forecast period. Additionally, the US government focused on infrastructure development of commercial and residential space in the country. Additionally, the presence of multiple players in this region is also projected to aid in this regional market expansion during the forecast period.

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Global Pest Control Services

Product ID: SQMIG25S2016