According to the latest report by IMARC Group, the market will reach $30.8 billion by 2027, which is a growth rate (CAGR) of 5.4% over the period 2022-2027.
SHERIDAN, WYOMING, UNITED STATES, Oct. 19, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, “Pest Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.” , the global pest control market size reached US$22.4 billion in 2021. Looking ahead, IMARC Group expects the market to reach $30.8 billion by 2027, which will show a growth rate (CAGR) of 5.4% over the period 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketers, and anyone planning to enter the market in any way.
Pest control is a process of removing, minimizing, controlling and treating unwanted insects and other pests from spaces occupied by people. It includes various mechanical, biological and chemical methods including the use of avicides, insecticides, herbicides and pesticides. These approaches inhibit the spread of dangerous germs, animals and insects such as houseflies, bed bugs and cockroaches, and combat vector-borne diseases that harm human health. Based on these properties, pest control is used in residential, commercial and agricultural areas to protect crops and timber from ants, bees and beetles.
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Note: We regularly track the direct impact of COVID-19 on the market as well as the indirect impact of related industries. These observations are integrated into the report.
Pest Control Market Trends:
The global pest control market is mainly driven by the growing prevalence of vector-borne diseases such as yellow fever, malaria, plague, encephalitis and typhoid. In addition, the increasing need for professional agricultural pest control solutions to curb infestation of crops favors the market growth. Additionally, widespread adoption of non-chemical pest control methods including crop exclusion, rotation and sanitation by farmers due to increasing environmental concerns are driving the market growth. Additionally, the advent of organic biological pesticides and biological control agents combined with innovative pest control technologies including non-toxic heat treatments and decorative fly lights are driving market growth. In addition, the use of Internet of Things (IoT)-enabled devices, such as e.g. Automated insect monitors (AIM), pheromone dispensers with sensors and camera-enabled pest traps, as well as government enforcement of hygiene regulations are driving market growth.
Competitive landscape with key players:
The competitive landscape of the industry has also been studied along with the profiles of the major players.
Arrow Exterminators Inc.
Atalian Servest Group Ltd.
Dodson Pest Control Inc.
Massey Services Inc.
Rentokil Initial plc
Target specialty products
Terminix Global Holdings and Truly Nolen of America Inc.
Key Market Segmentation:
The report has categorized the market by type, pest type and application.
Breakdown by type:
Breakdown by pest type:
Separation by application:
Breakdown by region:
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Spain, others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
Latin America (Brazil, Mexico, others)
Middle East and Africa (UAE, Saudi Arabia, Qatar, Iraq, South Africa, others)
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Key highlights of the report:
Market performance (2016-2021)
Market Outlook (2022-2027)
Market drivers and success factors
Effects of COVID-19
Analysis of the value chain
Comprehensive mapping of the competitive landscape
If you require specific information that is not currently in the scope of the report, we will provide it as part of the customization.
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