LONDON–(BUSINESS WIRE)–#GlobalPestControlServicesMarket–Technavio has been monitoring the global pest control services market, operating under the industrials sector. The latest report on pest control services market, 2020-2024 estimates it to register an incremental growth of USD 5103.00 million, at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Anticimex International AB, Arrow Exterminators Inc., Asante Inc., Dodson Pest Control Inc., Ecolab Inc., Massey Services Inc., Rentokil Initial Plc, Rollins Inc., SANIX INC., and ServiceMaster Global Holdings Inc. are among some of the major market participants.
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Growing hospitality, pharmaceutical, and food processing industries have been instrumental in driving the growth of the market. However, the increasing availability of DIY pest control products might hamper market growth.
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Pest Control Services Market 2020-2024: Segmentation
Pest Control Services Market is segmented as below:
-
End-user
- Residential
- Commercial
-
Application
- General Pest Control
- Termite Control
-
Geographic Landscape
- North America
- Europe
- APAC
- South America
- MEA
Based on geographic segmentation, over 45% of the market growth originated from North America during the forecast period. In addition, general pest control led the growth under the application segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.
Pest Control Services Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pest control services market report covers the following areas:
- Pest Control Services Market Size
- Pest Control Services Market Trends
- Pest Control Services Market Industry Analysis
This study identifies the growing deployment of digital pest control services as one of the prime reasons driving the Pest Control Services Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Pest Control Services Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist pest control services market growth during the next five years
- Estimation of the pest control services market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the pest control services market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pest control services market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019-2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- General pest control – Market size and forecast 2019-2024
- Termite control – Market size and forecast 2019-2024
- Market opportunity by Application
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Residential – Market size and forecast 2019-2024
- Commercial – Market size and forecast 2019-2024
- Market opportunity by End-user
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Anticimex International AB
- Arrow Exterminators Inc.
- Asante Inc.
- Dodson Pest Control Inc.
- Ecolab Inc.
- Massey Services Inc.
- Rentokil Initial Plc
- Rollins Inc.
- SANIX INC.
- ServiceMaster Global Holdings Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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