Pest Control Market
According to Our Research Analyst,Pest control is used for killing, or repelling attacks of pests such as insects, rodents, and bed bugs. These pests not only damage the crops but also affect the human life through various diseases. Different types of professional pest control treatments to control or kill pest population comprises chemical, biological, and mechanical. Inspection is the fundamental step for any type of pest control service. The global pest control market was valued at $2758 million in 2018, and is expected to reach $4146.83 million by 2024, registering a CAGR of 7.03% from 2019 to 2024.
The growth of the market is driven by its increase in demand from agriculture-based countries such as North America, Europe, Asia Pacific, South America and Middle East and Africa. In addition, climate change across the globe is also a significant factor for upsurge in demand for pest control products and services because climate change attributes to rise in temperature, whereas high temperature is ideal condition for increase in pest population. However, increase in concerns regarding the levels of toxicity in pesticides and the resultant health issues that arise due to the over use of toxic pesticides hamper the pest control market growth to a certain extent. Consumers, especially in the agricultural sector and food industry, are focused toward opting for pesticides with low toxic levels, owing to their associated adverse effects on health.
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Key Manufacturers of Global Pest Control Market:
Terminix, Rollins, Rentokil Initial, Anticimex, Killgerm, Ecolab, Massey Services, Bayer Advanced, BASF, Syngenta, Harris, Spectrum Brands, SC Johnson, Garden Tech, Ortho, WillertHomeProducts, Bonide Products, MGK
In the world wide, pest control manufactures mainly distribute in North America and Europe.
All manufactures in the world are committed to the improvement of product. International companies have been leading the R&D level in the past. These two years, some Chinese manufactures can almost catch up with the world’s leading technology too.
Global major consumption regions are distributed in North America, Europe and Asia Pacific etc. Revenue share of North America and Europe are separately about 50.41% and 21.53% in 2017. Asia Pacific, whose revenue was 410.09 Million $ in 2017, account for a share of 15.78%.
The Pest control market is segmented into Bed Bug Extermination, Fly Control and Fruit Fly Control. The report comprises details regarding the market share that each product holds as well as the forecast of the product segment.
In terms of the application scope, the overall Pest control market is segmented into Residential, Commercial and Agricultural. In the report, the data of the first six years will also be used to predict the next six years, which is a valuable reference for improving the development prospects of the application in related industries.
Owing to abundant raw material resource and mature technology, there are many manufacturers in the world. We mainly analysis Terminix, Rollins, Rentokil Initial, Anticimex, Killgerm, Ecolab, Massey Services, Bayer Advanced, BASF, Syngenta, Harris, Spectrum Brands, SC Johnson, Garden Tech, Ortho, Willert Home Products, Bonide Products and MGK etc.
This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of pest control will increase.
We tend to believe this industry now is mature, and the consumption increasing degree will show a smooth curve. By 2024, global total sales revenue will be 4146.83 Million $.
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Bed Bug Extermination
Fruit Fly Control
For the end users/applications
For supply chain analysis, the Pest Control report focuses on the upstream raw materials, downstream demand analysis, distribution/marketing channels, market trends, economic factors, development patterns, and proposals, which particularly include relevant data on the Pest Control key applications and consumption, major geographies, consumption and production rate, supply chain relationship analysis, major global distributors, major raw material suppliers and manufacturing equipment suppliers, key consumers, as well as the contact information of all the major suppliers and distributors.
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Scope of Global Pest Control Market: This report assesses the growth rate and the market value on the basis of the key market dynamics, as well as the growth inducing factors. The complete study is based on the up-do-date industry news, growth potentials, and market trends. It also contains an in-depth analysis of the market and competitive scenario, together with the SWOT analysis of the leading competitors.
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Table of Content:
- Global Pest Control Market Scenario during 2020-2026.
- Manufacturing Cost Structure & Plant Analysis of Pest Control
- Regional Growth Trend Analysis of Pest Control
- Key Vendor Analysis of Pest Control Market
- Consumers Analysis of Pest Control
- Conclusion of the Global Pest Control Market Professional Survey Report 2020
Reasons for Buying this Report
- This research study provides a detailed analysis of the changing competitive dynamics.
- It also provides a forward-looking view on the various components responsible for driving or restraining the growth of the market.
- It provides a technological growth map over time, so as to comprehend the industry growth rate.
- It likewise provides a five to seven-year forecast evaluated on the basis of how the industry is forecasted to grow.
- It helps in comprehending the key product segments and their future growth prospects.