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Pest Control Market Trends and Forecast

The future of the pest control market looks promising with opportunities in the residential, commercial, livestock, and industrial applications. The global pest control market is expected to reach an estimated $29.9 billion by 2028 with a CAGR of 5.3% from 2023 to 2028. The major drivers for this market are increasing concern towards food safety, rising number of deadly vector-borne diseases, and expanding need for pest control in agriculture in order to protect crop output and improve the quality of current crops.
Pest Control Market by Pest Type, Method, Application, and Region
A more than 150-page report is developed to help in your business decisions.  A sample figure with some insights is shown below. 
Pest Control Market by Segments

Pest Control Market by Segment

The study includes trends and forecast for the global pest control market by pest type, method, application, and region, as follows:

Pest Control Market by Pest Type [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Insects
  • Termites
  • Rodents
  • Others

Pest Control Market by Method [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Chemical
  • Mechanical
  • Biological

Pest Control Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Residential
  • Commercial
  • Industrial
  • Others

Pest Control Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Pest Control Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, pest control companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pest control companies profiled in this report include- 
  • Terminix
  • Ecolab
  • Rollins
  • Rentokil Initial
  • Anticimex

Pest Control Market Insights

  • Lucintel forecasts that insects will remain the largest pest type segment over the forecast period due to the increasing insect issues in both agricultural and non-agricultural locations and growing demand for pest management products and services to prevent the spread of insects, including ants, mosquitoes, rodents, and cockroaches.
  • Commercial is expected to witness the highest growth over the forecast period due to the spreading of infections by insects in public and commercial spaces and increasing number of government projects, which support a variety of pest management programs in commercial places.
  • North America will remain the largest region due to growing need for pest control approaches, which are biological and organic, have less chemicals, and are more environmentally friendly, and the presence of major market leaders in the region.

Features of the Pest Control Market

  • Market Size Estimates: Pest control market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Pest control market size by various segments, such as by pest type, method, application, and region
  • Regional Analysis: Pest control market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different pest types, methods, applications, and regions for the pest control market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the pest control market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the pest control market size?
Answer: The global pest control market is expected to reach an estimated $29.9 billion by 2028.
Q2. What is the growth forecast for pest control market?
Answer: The global pest control market is expected to grow with a CAGR of 5.3% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the pest control market?
Answer: The major drivers for this market are increasing concern towards food safety, rising number of deadly vector-borne diseases, and expanding need for pest control in agriculture in order to protect crop output and improve the quality of current crops.
Q4. What are the major segments for pest control market?
Answer: The future of the pest control market looks promising with opportunities in residential, commercial, livestock, and industrial applications.
Q5. Who are the key pest control companies?
Answer: Some of the key pest control companies are as follows:
  • Terminix
  • Ecolab
  • Rollins
  • Rentokil Initial
  • Anticimex
Q6. Which pest control segment will be the largest in future?
Answer: Lucintel forecasts that insect will remain the largest segment over the forecast period due to the increasing insect issues in both agricultural and non-agricultural locations and growing demand for pest management products and services to prevent the spread of insects including ants, mosquitoes, rodents, and cockroaches.
Q7. In pest control market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to growing need for pest control approaches that are biological and organic, have less chemicals, and are more environmentally friendly and presence of major market leaders in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost. 

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the global pest control market by pest type (insects, termites, rodents, and others), method (chemical, mechanical, and biological), application (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?

For any questions related to pest control market or related to pest control companies, pest control market size, pest control market share, pest control analysis, pest control market analysis, pest control market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Pest Control Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Pest Control Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Pest Control Market by Pest Type
3.3.1: Insects
3.3.2: Termites
3.3.3: Rodents
3.3.4: Others 
3.4: Global Pest Control Market by Method
3.4.1: Chemical
3.4.2: Mechanical
3.4.3: Biological
3.5: Global Pest Control Market by Application
3.5.1: Residential
3.5.2: Commercial
3.5.3: Industrial
3.5.4: Other 
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Pest Control Market by Region
4.2: North American Pest Control Market
4.2.1: North American Pest Control Market by Pest Type: Insects, Termites, Rodents, and Others
4.2.2: North American Pest Control Market by Application: Residential, Commercial, Industrial, and Others
4.3: European Pest Control Market
4.3.1: European Pest Control Market by Pest Type: Insects, Termites, Rodents, and Others
4.3.2: European Pest Control Market by Application: Residential, Commercial, Livestock, and Others
4.4: APAC Pest Control Market 
4.4.1: APAC Pest Control Market by Pest Type: Insects, Termites, Rodents, and Others
4.4.2: APAC Pest Control Market by Application: Residential, Commercial, Industrial, and Others
4.5: ROW Pest Control Market 
4.5.1: ROW Pest Control Market by Pest Type: Insects, Termites, Rodents, and Others
4.5.2: ROW Pest Control Market by Application: Residential, Commercial, Industrial, and Others
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Pest Control Market by Pest Type
6.1.2: Growth Opportunities for the Global Pest Control Market by Method
6.1.3: Growth Opportunities for the Global Pest Control Market by Application
6.1.4: Growth Opportunities for the Global Pest Control Market by Region
6.2: Emerging Trends in the Global Pest Control Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Pest Control Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Pest Control Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Terminix
7.2: Ecolab
7.3: Rollins
7.4: Rentokil Initial 
7.5: Anticimex
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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