According to IMARC Group’s latest report, titled “Pest Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global pest control market size reached US$ 22.4 Billion in 2021. Pest control assists in eliminating the growth of bacteria and insects and prevent damage from animals with the use of numerous chemicals, including fipronil, bifenthrin and boric acid. These solutions assist in controlling the development of cockroaches, rodents and mosquitoes across residential and commercial spaces to prevent the risks of various vector-borne diseases. Apart from this, it is widely used in the agricultural sector to protect crops and commercial woods.
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The global market is primarily driven by the rising incidences of vector-borne diseases, such as typhoid, dengue and plague, across the globe. Moreover, the growing environmental concerns have encouraged numerous companies to introduce natural and organic pesticides, thereby creating a positive outlook for the market. Other factors, including inflating disposable incomes of the masses and extensive research and development (RD) activities conducted by key players to introduce innovative product variants to improve crop yield, are providing an impetus to the market growth further. Looking forward, IMARC Group expects the pest control market to reach US$ 30.8 Billion by 2027, exhibiting a growth rate (CAGR) of 5.4% during 2022-2027.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Anticimex Ab
- Arrow Exterminators Inc.
- Atalian Servest Group Ltd.
- Dodson Pest Control Inc.
- Ecolab Inc.
- Massey Services Inc.
- Rentokil Initial plc
- Rollins Inc
- Sanix Incorporated
- Target Specialty Products
- Terminix Global Holdings and Truly Nolen of America Inc.
Market Segmentation:
Breakup by Type:
- Chemical
- Mechanical
- Biological
- Others
Breakup by Pest Type:
- Insects
- Termites
- Rodents
- Others
Breakup by Application:
- Residential
- Commercial
- Agriculture
- Industrial
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Europe Biodiesel Market: https://www.imarcgroup.com/europe-biodiesel-market
Biofertilizer Market: https://www.imarcgroup.com/biofertilizer-azotobacter-and-rhizobium-manufacturing-plant
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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