Pest Control Market Outlook - 2032
The global pest control market size was valued at $24.6 billion in 2022, and is projected to reach $42.5 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032.
Introduction
Pest control refers to the systematic management and regulation of the properties and behaviors of pest materials such as those used in various industrial and manufacturing processes. This involves monitoring and adjusting factors such as viscosity, consistency, and flow characteristics to ensure that the pest performs optimally for its intended application. Effective pest control is crucial for maintaining product quality, consistency, and efficiency in processes such as coating, printing, or manufacturing where pest-like substances are used. Techniques for pest control might include the use of additives, temperature adjustments, or mechanical agitation to achieve the desired pest properties.
Report Key Highlighters:
- Quantitative information mentioned in the global pest control market includes the market numbers in terms of value (USD Million) with respect to different segments, pricing analysis, annual growth rate, CAGR (2023-32), and growth analysis.
- The analysis in the report is provided based on type, pest type, and application. The study will also contain qualitative information such as the market dynamics (drivers, restraints, opportunities), Porter's Five Force Analysis, key regulations across the region, and value chain analysis.
- A few companies, including Anticimex, BASF SE, Bayer AG, Clean kill Environmental Services Ltd., Dodson Pest Control, Inc., Ecolab, FMC Corporation, JG Pest Control, Rollins, Inc., and Syngenta AG, hold a large proportion of the pest control market.
- This report makes it easier for existing market players and new entrants to the pest control business to plan their strategies and understand the dynamics of the industry, which ultimately helps them make better decisions.
Market Dynamics
Pesticides are chemicals or mixtures of chemicals that are used for the purpose of mitigating pest damage. Pest control is the management of specific species of insects that are recognized as detrimental to human health. House flies are well-adapted to a wide variety of human habitations, including housing, garbage dumps, and food storage.
Moreover, homeowners have encountered serious issues with bed bugs, mosquitoes, and cockroaches, as these pests destroy property and carry diseases. Thus, pest management has gained significant importance in recent years to repel pests. Chemical control methods are commonly employed for controlling insects and can be applied as sprays, baits, dusts, or fumigants. It is important to use chemicals responsibly and follow safety guidelines to minimize risks to humans, pets, and the environment. All these factors are expected to drive the demand for the pest control market during the forecast period.
The pest control industry is subject to stringent regulations aimed at ensuring environmental safety and protecting public health. These regulations often involve rigorous approval processes for new products, requiring extensive testing and documentation to demonstrate safety and efficacy. Navigating this complex regulatory landscape can be time-consuming and costly for companies, creating barriers to the development and introduction of new pest control solutions. All these factors hamper the pest control market growth.
Advancements in smart pest control technologies create significant opportunities for the pest control market by enhancing efficiency, precision, and effectiveness in pest management. These innovations are transforming traditional pest control methods through the integration of cutting-edge technologies such as sensors, data analytics, and automation. Smart pest control systems offer real-time monitoring and targeted interventions, which can greatly improve the management of pest infestations. In addition, advancements in data analytics and artificial intelligence (AI) enable more sophisticated analysis of pest behavior and environmental conditions. This allows for predictive pest control, where potential outbreaks can be anticipated and managed proactively. All these factors are anticipated to offer new growth opportunities for the global pest control market.
Segment Overview
The global pest control market is segmented into type, pest type, application, and region. Depending on the type, the market is categorized into chemical, mechanical, biological, and others. On the basis of pest type, it is classified into insects, termites, rodents, and others. The insect segment is further segregated into bedbugs, cockroaches, mosquitoes, ants, flies, and others. By application, the market is fragmented into commercial, residential, agriculture, industrial, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Pest Control Market By Type
By type, the chemical segment held the largest market share in 2022 and is expected to register the highest CAGR during the forecast period. Advantages of chemical fungicides such as enhanced eradication of mycotoxin-producing pathogen, enhanced value per cost, and efficiency of killing fungi & spores drive the growth of the chemical pest control market.
Pest Control Market By Pest Type
By pest type, the insects segment held the largest market share in 2022 and is expected to register the highest CAGR during the forecast period. There are several methods for controlling pest growth such as mechanical, biological, and chemical methods. Increase in use of insecticides to eradicate insects in hospitals, households, farms, restaurants, and forest plantations has significantly fueled the growth of the pest control for insecticides.
Pest Control Market By Application
By application, commercial segment held the largest market share in 2022. Utter volumes of stored food, longer time between tenant visits, and types of materials stored are major considerable factors that tend to support the pest growth in storage facilities. Pests such as rodents, cockroaches, bedbugs, and ants are major pest that pose threats to storage facilities. These pests are predicted to spread at least 35 diseases such as tularemia, plague, Hantavirus, and others. Thus, storage facilities need to be controlled with chemical pest for rapid eradication of pest growth.
Pest Control Market By Region
By region, The North America region is one of the fastest-growing regions in the world, with a large population and a growing middle class. Presence of large number of pest control key players in Canada further boost the growth of the North American pest control market. The pest control market is expected to possess high growth potential in North America, owing to increase in construction activities in the region. As per industry experts, the building construction industry will further witness a significant growth over the coming years.
Competitive Analysis
Some of the major players analyzed in this report are Anticimex, BASF SE, Bayer AG, Clean kill Environmental Services Ltd., Dodson Pest Control, Inc., Ecolab, FMC Corporation, JG Pest Control, Rollins, Inc., and Syngenta AG.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pest control market analysis from 2022 to 2032 to identify the prevailing pest control market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the pest control market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global pest control market trends, key players, market segments, application areas, and market growth strategies.
Pest Control Market Report Highlights
| Aspects | Details |
 Market Size By 2032 | USD 42.5 billion |
 Growth Rate | CAGR of 5.7% |
 Forecast period | 2022 - 2032 |
 Report Pages | 370 |
 By Type |
|
 By Pest Type |
|
 By Application |
|
 By Region |
|
 Key Market Players | Ecolab, FMC Corporation, Syngenta AG, Bayer AG, JG Pest Control, Anticimex, BASF SE, Cleankill Environmental Services Ltd., Rollins, Inc., Dodson Pest Control, Inc. |
Analyst Review
According to the CXOs, pest management products and services are gaining significant traction in the recent years due to exponential population growth, increase in urbanization, and changes in climatic conditions. In addition, implementation of stringent food safety regulations and increase in business &consumer intolerance toward pest issues propel the growth of the market.
The CXOs further added that North America is expected to dominate the global pest control market during the forecast period, due to increase in awareness about health issues related to insects and pests. Implementation of stringent regulations toward hygiene & sanitation and increase in health initiatives is further expected to boost the growth of the market.
As per the CXOs, the industry is characterized by a high number of new market entrants that seek to tap lucrative opportunities in the global market while existing players enter strategic collaborations to increase capacities & expand their reach into emerging markets. Joint venture, merger, and acquisition activities in the industry have increased significantly over the past decade. Companies constantly seek to establish long-term contract agreements with trusted partners for sustainable business operations globally.
Technology has been playing a significant role in the pest control industry. Advancements such as remote monitoring, automated traps, and predictive analytics have improved the efficiency and effectiveness of pest control operations. These technologies help in early detection, quick response, and targeted treatments.
Commercial application is the potential customers of pest control market industry.
North America region will provide more business opportunities for pest control market in coming years
The market players are adopting various growth strategies and also investing in R&D extensively to develop technically advanced unique products which are expected to drive the market size.
Anticimex, BASF SE, Bayer AG, Clean kill Environmental Services Ltd., Dodson Pest Control, Inc., Ecolab, FMC Corporation, JG Pest Control, Rollins, Inc., and Syngenta AG are the top players in the pest control market.
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