Pest Control Products and Services Market Segmented By Insecticides, Rodenticides, Mechanical Product Type with Chemical Control Services, Mechanical Control Services for Ants Control, Bedbug Control, Beetle Control, Bird Control
Industry: Consumer Goods
Published Date: August-2020
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 300
Report ID: PMRREP12013
Due to ever-increasing urban population all around the world, there has been a rise in food sources and conducive living habitats for different kinds of pests such as rodents, cockroaches and mosquitoes. Due to this, there is strong demand for pest control products and services all over the world.
In addition, rapid migration is being witnessed from rural areas to urban centers, and this is more prevalent in developing countries. This further increases the population density of urban areas, and thereby, is expected to expand the pest control products and services market size during the period of assessment (2020 – 2030).
Increasing Types of Diseases Caused by Pests: Consumers all over the world, especially from the residential and commercial sectors, are increasingly becoming more conscious about their health, and are doing everything they can in order to maintain good health and hygiene.
Due to this, there has been a rise in the adoption of pest control products and services across the world. Also, there has been a rise in the types of diseases caused by different kind of pests, and hence, it becomes even more necessary to control them.
Designing Sector-Specific Services: Industries, especially food and beverages, adopt their own set of pest control measures, based on various factors such as raw materials used, production temperature, and environment. This is encouraging pest control service providers to focus on various pest control programs designed to cater to the varying demands of food companies.
These include maintaining optimal levels of hygiene without hampering food products and keeping pests in check. Pest control audits that comply with the HACCP, BRC, AIB, and FEMAS requirements are also being offered by companies in the pest control products and services market.
Toxicity and Health-related Issues May Hamper Market Growth: There are rising concerns regarding the levels of toxicity in pesticides and the resultant health issues that arise due to the over-use of toxic pesticides. This is restraining the growth of the pest control products and services market to a certain extent.
Consumers, especially in the agricultural sector and food industry, are focused on opting for pesticides with low toxic levels, owing to their associated adverse effects on health. In 2008, according to ANVISA, a national health surveillance agency based in Brazil, 64% of sweet-pepper produced in the country contained chemical residues above the prescribed limits allowed by the agency. To prevent such incidences, minimal use of pesticides is entailed, and this is likely to hinder the global pest control products and services market progress.
Companies providing pest control solutions and services are focusing on using bio-base pesticides instead of toxic chemical pesticides, so that they can claim to offer eco-friendly pest control products and services. This also helps these companies adhere to strict government regulations.
Adoption of organic pesticides for pest control is increasing at a significant rate, especially in developed regions such as Western Europe and North America. This is likely to give a boost to the global pest control products and services markets, as it alleviates the concerns that consumers have regarding the toxicity levels in pesticides and health issues related to use of such toxic pesticides.
North America, by far, holds the largest pest control products and services market share, which is projected to be around 47% in 2020. Market players can also look for lucrative opportunities in Europe and Asia, regions that are expected to hold 1/5 market share each in 2020.
The ongoing COVID-19 pandemic has significantly increased the demand for pest control services across the globe, to overcome the effect of virus and bacteria in both, the residential and commercial sectors.
Moreover, post lockdowns in various parts of world, it will be essential to have a pest control service to overcome pest infestations such as cockroach infestation, mosquito breeding, rodent activities, and many more that took place in vacant premises in commercial areas during these times.
Organizations are also taking various preventive measures to protect their employees and customers from the spread of coronavirus. This includes pest proofing and disinfection activities. On the other side, companies are also focusing on the B2B segment, as governments have been implementing stringent rules and regulations to maintain sanitization and hygiene.
The commercial and industrial sectors will hold more opportunities in the coming years. In addition, routing and optimization of pest control services is a tedious task when done manually. Many new software are making their way in the pest control products and services market, which would increase the overall efficiency of professionals through route optimization.
The global pest control products and services market is projected to expand at a CAGR of over 7% during the forecast period of 2020 to 2030. Market players can look to North America for increased returns and profits. Demand for insect control products and services will overshadow all other kinds of applications over the coming years.
PMR’s research study on the global pest control products and services market offers a detailed market analysis, wherein, key segments have been discussed in detail. The segmentation of the pest control products and services has been offered on the basis of type, application, end user, and region. Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the study.
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The pest control products and services market research report includes a competitive landscape that provides a dashboard view of key competitors operating in the market.
The research study offers inclusive insights about the growth of the pest control products and services market in the most comprehensible manner for the better understanding of readers. Key insights offered in this report answer some of the salient questions that assist stakeholders in gauging all emerging possibilities.
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