The global pest control market was valued at USD 20335.23 million in 2020 and is expected to expand exponentially during the forecast timeframe.

Industry Snapshot:

• The rising population is the main factor propelling the growth in the ensuing years.
• Growing economic activity is accelerating the expansion of the overall market.
• The surging concerns over the side effects of insects along with pest intolerance are stimulating global pest control market dynamics.

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Segmental Overview:

Application Reach	Commercial
	Residential
	Others
Pest Type	Termite
	Insect
	Others
Control Method	Biological
	Chemical
	Mechanical
	Others
Regional Scope	Asia Pacific
	Europe
	Middle East and Africa
	Americas

 

Predictions Corner:

• The chemical control method segment of global pest control market is estimated to record substantial growth during the forecast period, owing to cost-effectiveness, greater stability, and easy availability.
• The commercial application segment is anticipated to hold the largest market share over the review period, ascribed to rising economic activities, increasing infrastructure in commercial space, strict regulation for hygiene maintenance, and zero tolerance for pests in commercial establishments.
• North America currently accounts for the highest market share, primarily attributed to technological breakthroughs, the rising popularity of more advanced pest control solutions for agricultural lands, and increasing demand for organic & biological pest controllers.

Explainer – All you need to know

The COVID-19 outbreak had an unprecedented influence on the worldwide economy and has augmented the cognizance and policing of the risk of bringing viruses and diseases prevalence to minimal. Moreover, the government has imposed strict regulations and heavy fines if businesses are discovered to be in violation of hygiene mandates. It is anticipated that improved customer focus and the introduction of new products in industries like air purification would further enhance the effectiveness of pest control services, which in turn, will positively impact global pest control industry growth.

Cook's Pest Control, FMC Corporation, Massey Services Inc., Arrow Exterminators, Dodson Pest Control, Anticimex, Ecolab Inc., Terminix International Company, L.P., Rollins, Inc., and Rentokil Initial plc are the prominent companies operating in this marketplace.

Concluding lines:

Market researchers collect, present, and analyze data and marketing trends to accurately represent the various facets of the commercial landscape. MarketStudyReport has a report titled ‘Global Pest Control Market (2021 Edition) - Analysis Pest Type (Insect, Termite, Others), Control Method (Chemical, Mechanical, Biological, Others), By Application, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’ which diligently examines the shifting market patterns, potential business prospects, and challenges present in this business vertical. The report provides all the information required by businesses operating in this field and was produced after extensive, painstaking investigation.