May 09, 2022
According to recent research 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)’ available with MarketStudyReport, global pest control market valued 20335.23 million in 2020 and is poised to register substantial growth through 2026.
The major factors predominantly driving global pest control market growth are rising population, increasing economic activities, and growing awareness due to consequences of insects with pest control intolerance.
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Climate change has been fueling the frequency of fly-borne diseases, which in turn is augmented the the sales of pest management systems around the globe. Additionally, pest control services are expected to grow in popularity among consumers to avoid the worst-case scenario, thus contributing towards the overall market remuneration.
Pest control services are projected to improve even more given the increasing occurrence of client satisfaction and new product launches in areas like air purification. The need for buildings and infrastructure is anticipated to rise owing to rapid urbanization and a growing global population, which in turn will add traction to global pest control market size.
The industry is segmented on the basis of pest type, control methods, application landscape, and regional analysis.
As per pest type, the market is split into termite, insect, and others. The methods of pest control segment comprise of biological, chemical, mechanical, and others. On the basis of application spectrum, the market is divided into commercial, residential, and other segments.
The regional analysis of the global pest control market extends to Europe, Asia Pacific, the Middle East & Africa, Latin America, and North America.
The leading companies defining the competitive landscape of global pest control marketplace are Arrow Exterminators, Dodson Pest Control, FMC Corporation, Ecolab Inc., Cook's Pest Control, Terminix Global Holdings Inc., Anticimex, Rollins Inc., Massey Services Inc., and Rentokil Initial plc.