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.
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 is a specialized practice employed to manage and eradicate pests in various environments, including residential, commercial, and agricultural settings. It involves the use of methods and treatments to eliminate unwanted insects, rodents, and other organisms that may cause damage or pose health risks.
Characteristically, pest control incorporates an understanding of pest behavior, lifecycle, and habitat, utilizing targeted strategies such as chemical treatments, traps, and biological controls. It comes in various forms, such as organic, chemical, and mechanical, to cater to different infestation conditions and client preferences. Features often include inspection for identification, monitoring for ongoing assessment, and intervention strategies for effective control. The design intricacies of pest control methods directly impact their success and safety, making the selection an essential part of the pest management experience.
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What are the growth prospects and trends in the pest control Industry?
The increasing awareness of public health and hygiene, along with the growing concern for protecting crops, property, and the environment, are key drivers propelling the growth of the pest control market globally. Coinciding with this trend, pest control services are increasingly recognized for their scientific approaches and diverse applications, significantly influencing market growth.
Additionally, the increasing demand from various sectors, including homeowners, businesses, farmers, and public spaces for effective and responsible pest control, is accelerating market expansion.
Furthermore, the need for compliance with regulations pertaining to pesticide use, quality standards, and environmental protection is fueling the market's growth. The global urbanization and agricultural landscape, along with governmental policies supporting healthy living and sustainable farming practices, is fostering a positive market outlook. Other factors, such as investments in research for developing innovative pest control methods, and the emergence of companies specializing in pest control services, are boosting market growth worldwide.
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.
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
Breakup by Pest Type:
- Insects
- Termites
- Rodents
- Others
Breakup by Application:
- Residential
- Commercial
- Agriculture
- Industrial
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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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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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.
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.
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