Global Market Study on Pest Control Products and Services: North America Expected to be the Most Attractive Regional Market


  • Published On : Oct-2016 |
  • Pages : 205 Pages |
  • Format :

Persistence Market Research analyzes the global pest control products and services market between 2016 and 2026 in a new research publication. The primary objective of the report is to offer insights on the advancements in the global pest control products and services market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global pest control products and services market over the forecast period. The report also provides updates on key trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global pest control products and services market. 

The global pest control products and services market report is categorically divided into five sections based on market segmentation – by Product Type, by Application Type, by Service Type, by End User, and by Region. The report begins with an overview of the global pest control products and services market followed by an in-depth analysis of the drivers, restraints, and trends influencing the global pest control products and services market. The subsequent sections analyze the global pest control products and services market on the basis of product type, application type, service type, end user, and region and evaluate the market basis the various factors impacting the global pest control products and services market, covering both the present scenario and future prospects. This comprehensive study discusses key regional trends contributing to the growth of the global pest control products and services market and analyzes the degree to which drivers are influencing the market in the five key regions of North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. 

The final section of the global pest control products and services market report presents a competitive market landscape to provide report audiences with a dashboard view of leading market players operating in the global pest control products and services market, along with their market performance, SWOT analysis, and key business strategies. The report further discusses how the overall competition in the market is steadily increasing and discusses various factors that are shaping internal as well as external competition in the market. Internal competition in the global pest control products and services market is comparatively high. Various barriers for new entrants are analyzed and rated on the basis of their impact on the competition levels in the market. Key market players covered in the report include Ecolab, Inc., Rollins, Inc., Rentokil Initial Plc., Service Master Global Holdings, Inc. (Terminix), Massey Services Inc., Arrow Exterminators Inc., Sanix Incorporated, Asante Inc., Dodson Brothers Exterminating Company Incorporated, Target Specialty Products, Pelsis Ltd., Killgerm Ltd., WinField Solutions LLC, and Univer Inc. 

Research methodology

The global pest control products and services market report utilizes extensive primary and secondary research to ascertain overall market size, top industry players, top products, industry associations, etc. The report incorporates various viewpoints based on secondary research. Furthermore, data points such as regional split and market split by product type, application type, service type, end user, and region; and qualitative inputs from industry experts have been taken into consideration to arrive at suitable market estimates. The report begins by sizing up the current market, which forms the basis for forecasting how the market is anticipated to take shape during the forecast period. Given the ever-fluctuating nature of the global economy, the report presents forecasts not only in terms of CAGR, but also analyzes the global pest control products and services market on the basis of key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities in the global pest control products and services market. 

Another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity, critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global pest control products and services market. Further, to understand key growth segments in terms of growth and performance in the global pest control products and services market, Persistence Market Research has also developed a market attractiveness index to help providers identify real market opportunities in the global pest control products and services market.

Pest control is a process for regulation and management of different living organisms that are harmful for human population. A growing prevalence of vector-borne diseases and infections resulting from common household pests is encouraging end users to increase their spending on pest control products and services. The global pest control products and services market was valued at US$ 16.01 Bn in 2015 and has been estimated to reach US$ 16.94 Bn by 2016 end, reflecting a Y-o-Y growth rate of 5.8%.

Factors and trends impacting the market

Growth of the global pest control products and services market is specifically driven by a rapidly increasing urban population across the globe along with an increase in the pest population, attributed to the largely available food sources for small organisms and conducive living habitats. Besides, growing consumer awareness concerning health and hygiene in developed and developing countries is further fueling the market demand for pest control services. Favorable weather conditions in different countries and rising consumer demand for pesticides owing to increasing pest infestation rates are factors expected to further boost the demand for pest control products and services worldwide. Furthermore, international tourism is also an upcoming and prominent factor driving the rise in demand for different types of pest control products and services.

One of the major restraints for the growth of the global pest control products and services market is the implementation of stringent government regulations to limit levels of chemical toxicity and restrict the use of highly toxic pesticides to reduce their hazardous impact on public health and environment.

Segment analysis

The global pest control products and services market is segmented on the basis of Product Type (Insecticides, Rodenticides, Other Chemical, Mechanical, Others); Application Type (Ants Control, Bedbug Control, Beetle Control, Bird Control, Mosquito & Flies Control, Cockroaches Control, Rat & Rodent Control, Termites Control, Others); Service Type (Chemical Control Services, Organic Control Services, Synthetic Control Services, Mechanical Control Services, Other Pest Control Services); and End User (Agricultural, Commercial, Industrial, Residential). The Insecticides product type segment was valued at US$ 5,183.1 Mn in 2015 and is estimated to reach US$ 5,502.2 Mn by the end of 2016, reflecting a Y-o-Y growth rate of 6.2%. The Cockroaches Control application type segment was valued at US$ 3,322.8 Mn in 2015 and is estimated to reach US$ 3,506.4 Mn by the end of 2016, reflecting a Y-o-Y growth rate of 5.5%. The Chemical Control Services service type segment was the largest segment in 2014 and is expected to continue to remain the most dominant segment in the market till the end of 2026. The Residential end user segment in the global pest control products and services market is expected to create absolute $ opportunity of US$ 343.6 Mn in 2017 over 2016.

pest control products and services market

Regional analysis

The global pest control products and services market is segmented into the five key regions of North America, Latin America, Europe, Asia Pacific, and MEA. The North America market accounted for a value share of 47.1% of the global pest control products and services market in 2015 and is expected to be the most attractive market in the global pest control products and services market. The Asia Pacific pest control products and services market in the global pest control products and services market is expected to create absolute $ opportunity of US$ 210.9 Mn in 2017 over 2016. 

Top market players

Ecolab, Inc., Rollins, Inc., Rentokil Initial Plc., Service Master Global Holdings, Inc. (Terminix), Massey Services Inc., Arrow Exterminators Inc., Sanix Incorporated, Asante Inc., Dodson Brothers Exterminating Company Incorporated, Target Specialty Products, Pelsis Ltd., Killgerm Ltd., WinField Solutions LLC, and Univer Inc. are some of the leading companies operating in the global pest control products and services market. Some of these companies are focusing on expanding their geographical presence through operational expansion and strategic mergers and acquisitions.

Company Profile

  • Ecolab Inc.
  • Rollins Inc.
  • Rentokil Initial Plc.
  • Service Master Global Holdings, Inc. (Terminix)
  • Massey Services Inc.
  • Arrow Exterminators Inc.
  • Sanix Incorporated
  • Asante Inc.
  • Dodson Brothers Exterminating Company Incorporated
  • Target Specialty Products
  • Pelsis Ltd.
  • Killgerm Ltd.
  • WinField Solutions, LLC
  • Univer Inc.
  • Others
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