Pest Control Services Market Price Trends, Size, Industry Analysis Report and Forecast 2020-2027

Japan, Japan, Fri, 16 Jul 2021 02:15:32 / Comserve Inc. / -- Rentokil Initial plc, Ecolab, Rollins, Inc., Anticimex, The Terminix International, MASSEY SERVICES, INC., ABC Home & Commercial Services, Aptive Environmental, Home Paramount Pest Control and Cook's Pest Control.

According to Research Dive analysis, the global pest control services market is anticipated to generate a revenue of $12,478.0 million by 2027, increasing from $8,131.3 million in 2019, at a healthy CAGR of 5.4%.

Impact Analysis of COVID-19 on the Global Pest Control Services Market:

The COVID-19 outbreak is expected to impact the global pest control market growth negatively during the lockdown. This is majorly due to strict restrictions on travel, export, and import activities to curb the spread of the virus. However, in the post lockdown time, leading market players in the global industry are adopting strategies such as acquisitions and collaborations to gain high competitive edge in the overall industry. For example, in June 2020, Rollins Inc., a premier global commercial and consumer service company, acquired companies such as Albany Environmental Services Ltd. and Van Vynck Environmental Services Ltd, environmentally friendly and pest control services companies in UK. through acquisition. Rollins aimed to expand their market share across UK by introducing and bringing innovative and dynamic approaches in pest control market.

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"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Pest Control Services Market Analysis:

Rise in pest caused diseases due to climate change effects is the major driver for the pest control services market in the analysis time. Climate change is a key driver for the spread of diseases and pests due as it effects the geographical distribution and population size of pests as well as development & intensity of diseases caused by pests by allowing to develop adaptability of pests and diseases. Also, climate change can enhance the survival rate of pests, which is estimated to drive demand for pest control services and fuel the market growth in the review time.

The chemicals used in pest control services are often toxic to people as they can cause various health issues such as skin burns and eye irritations. This aspect is expected to hamper the market growth during the review timeframe.

Rising utilization of bio-rational materials due to increasing importance for integrated pest management (IPM) for pest control services is estimated to have lucrative growth opportunities for the market in the analysis time. This growth is majorly owing to increasing necessity for sustainable and safe chemicals in pest control and increase in demand for bio-rational materials because these are non-toxic is estimated in the forecast period. These aspects are predicted to impel the growth of the market in the near future.

Based on pest type, the market is segmented into insects, rodents, mosquitoes, termites, and others. The insects sub-segment generated over $2,489.2 million in 2019 and is anticipated to continue its steady growth throughput the review time. Mosquitoes pest type shall have a significant growth during the analysis time.

Based on geographical scope, the market was examined across North America, Europe, Asia-Pacific, and LAMEA. The North America accounted for highest pest control services market share in 2019, which was 55.3% and is estimated to continue its steady rise throughout the forecast time. Asia-Pacific is estimated to witness a noteworthy growth and rise at a notable rate of 6.2% CAGR during the forecast timeframe.

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"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The major companies in the global pest control services market are Rentokil Initial plc, Ecolab, Rollins, Inc., Anticimex, The Terminix International, MASSEY SERVICES, INC., ABC Home & Commercial Services, Aptive Environmental, Home Paramount Pest Control and Cook's Pest Control.

Table of Content

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data pest types

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.Pest type trends
2.3.End user trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter's five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Technology landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Market value chain analysis
3.9.Strategic overview

4.Collagen Peptides Market, by Pest type

4.1.Insects

4.1.1.Market size and forecast, by region, 2019 - 2027
4.1.2.Comparative market share analysis, 2019 & 2027

4.2.Rodents

4.2.1.Market size and forecast, by region, 2019 - 2027
4.2.2.Comparative market share analysis, 2019 & 2027

4.3.Termites

4.3.1.Market size and forecast, by region, 2019 - 2027
4.3.2.Comparative market share analysis, 2019 & 2027

4.4.Mosquitoes

4.4.1.Market size and forecast, by region, 2019 - 2027
4.4.2.Comparative market share analysis, 2019 & 2027

4.5.Others

4.5.1.Market size and forecast, by region, 2019 - 2027
4.5.2.Comparative market share analysis, 2019 & 2027

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