Global Pest Control Market is valued approximately USD 19.5 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5.04% over the forecast period 2019-2026. Pest control helps in killing or repelling attacks from insects, rodents and bed bugs. These pests if not prevented damage the crops and also disturb human life by inducing various diseases. The increasing scope of urbanization in developing markets and the development of megacities which host over 15-20 million citizens which increases the need for protection against pests. Further, increase in the instances of disease outbreaks due to insects like Zika virus outbreak in 2017 has led the adoption of Pest Control across the forecast period. Also, Government schemes, through public health campaigns and legislation, are performing an integral part in the management of pests and other insects. These initiatives involve the development of plans that aim to improve the efficacy, cost-effectiveness, environmental impact, and sustainability of pesticides which further drives the Pest control market to its peak.
The regional analysis of global Pest Control market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to presence of over 200 thousand pest control companies in the region and the property and life damage caused by these pests made the region largest consumer of pest control in 2018.Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing population along with increasing urbanization and development in the region have created a lucrative market pest management which has trigged companies for joint ventures to expand their services in the region.
Major market player included in this report are:
Terminix (US)
Ecolab (US)
Atalian Servest (France)
Truly Nolen (US)
Bayer CropScience (Germany)
BASF (Germany)
Syngenta AG (Switzerland)
Sumitomo Chemicals Co. Ltd. (Japan)
Adama (Israel)
FMC Corporation (US)
DowDuPont (US)
PelGar International (UK)
Bell Laboratories (US)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Pest Type:
Insects
Cockroaches
Bedbugs
Mosquitoes
Flies
Ants
Others (bees and wasps)
Termites
Rodents
Wildlife (raccoons, squirrels, opossums, bats, chipmunks, and moles)
Others (birds, reptiles, and mollusks)
By Control Method:
Chemical
Insecticides
Rodenticides
Others (pheromones and repellents)
Biological
Microbial
Plant-extracts
Predatory insects
Mechanical
Trapping
Light traps
Adhesive traps
Malaise traps
UV radiation devices
Mesh screens
Ultrasonic vibrations
By Mode of Application:
Powder
Sprays
Pellets
Traps
Baits
By Application:
Residential
Commercial
Livestock
Industrial
Others (non-commercial institutions, storage & transport facilities, and public landscapes)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026
Target Audience of the Global Pest Control Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investor
