According to Stratistics MRC, the global pest control market is worth $ 17.87 billion in 2017 and is expected to reach $ 33.13 billion by 2026, with a CAGR of 7.1% during the forecast period. Increasing urbanization coupled with exponential population growth, effects of climate change on pest proliferation, and easy availability of pest control products and services are some of the factors fueling the market growth. However, the growing health concerns related to pest control chemicals are holding back the growth of the market. In addition, consistent product developments and launches provide opportunities for market growth.
Pest control is the process of managing or eliminating pests from the home or workplace. Pest control services include filtering and sealing openings to prevent the entry of pests into the premises. Pest control is used to kill or repel attacks from pests such as insects, rodents, and bedbugs. Different types of professional pest control treatments to control or kill the pest population include chemical, biological and mechanical treatments. Inspection is a fundamental step for any type of pest control service.
On the basis of the product, the mechanical segment gained considerable share during the forecast period due to cost efficiency, quick results and ease of application. By geography, Asia-Pacific is expected to grow to a significant market share during the forecast period owing to rapid urbanization and technological advancements in agriculture, and adoption of pest control methods.
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Some of the major players featured in the pest control market include Truly Nolen Pest Control, The Terminix International Company, Syngenta, Sumitomo Chemical, Rollins Inc., Rentokil Initial PLC, Pelgar International, FMC Corporation, Ecolab, Dowdupont, Bell Laboratories Inc. , Bayer Cropscience, BASF, Atalian Servest and ADAMA.
Covered type:
• Mechanical
• Chemical
• Biological
Type of crop covered:
• Lawn and ornamental plants
• Horticultural crops
• Field crops
• Other types of crops
Type of pest covered:
• Fauna
• Weeds
• Harmful vertebrate
• Termites
• Rodents
• Parasitic plants
• Nematodes
• Mites
• Micro-organism
• Insects
Mode of application covered:
• Traps
• Vaporizers
• Powder
• Granules
• foliar
• Fertigation
• Bait
Application covered:
• Residential
• Livestock
• Industrial
• Commercial
• Agriculture
Regions covered:
• North America
o United States
o Canada
Mexico
• Europe
o Germany
UK
Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
Japan
o China
India
Australia
o New Zealand
o South Korea
o Rest of Asia-Pacific
• South America
o Argentina
Brazil
o Chile
o Rest of South America
• Middle East and Africa
o Saudi Arabia
o United Arab Emirates
o Qatar
South Africa
o Rest of the Middle East and Africa
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