Pest Management Services Market Outlook – 2026
The global pest management services market was valued at $11.8 billion in 2018, and is expected to reach $19.0 billion by 2026, registering a CAGR of 6.25% from 2019 to 2026.
Pest management services refers to limiting the growth of any kind of pest that harms human health, commercial material, or agricultural crops. There are various pest control products used in pest management services to inhibit growth of various pest species. Mainly pest management services are offered by pest control product manufacturers, however, several specialized services providing agencies also offer pest management facilities. Apart from this, in the residential sector do-it-yourself (DIY) method is utilized for pest control by consumers themselves.
Rise in adoption of pest management services in agriculture-based countries such as Brazil, France, India, China, Australia, Russia, and Mexico is the key factor driving the pest management services market growth. In addition, climate change across the globe is also a significant factor for upsurge in demand for pest management services as climate change attributes to rise in temperature and high temperature is ideal condition for increase in pest population. On the contrary, toxicity associated with pesticides used in the pest management chemicals hampers the growth of this market to some extent. Therefore, consumers 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. Increasing penetration of small scale service providers in Europe which are playing on low budget price. This is one of the pest management services market trends observed in the recent year.
The pest management services market is segmented into type, pest type, application, and region. On the basis of type, it is divided into chemical, mechanical, biological, and others. On the basis of pest type, it is classified into insects, termites, rodents, and others. On the basis of application, it is categorized into commercial, residential, agriculture, industrial, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
North America is the largest regional contributor in the global pest management services market. This is highly attributed to the increasing demand for such services from the residential sector. On the other hand, Asia-Pacific is expected to be the fastest growing region in this market during the forecast period. The region comprises emerging economies, such as China and India, which have considerable cultivable land to grow crops. Moreover, China is one of the leading countries for pest management services due to its rapid urbanization and technological advancements in agriculture.
The pest management services market analysis covers in depth information of major industry participants. Some of the major players in the market include BASF SE, Bayer AG, Rentokil Initial plc, Ecolab, Rollins, Inc., FMC Corporation, The ServiceMaster Company, LLC., Syngenta, Dodson Pest Control, Inc., and Lindsey Pest Services.
To stay still in the competitive in the global market, key players are adopting different strategies such as product launch, business expansion, and acquisition. For instance, BASF launched multi-purpose, undetectable insecticide product named Seclira WSG, in Australia. Seclira’s unique colorless, non-staining and odorless formulation is ideal for use in areas where aesthetics are important.
In addition, Rentokil Initial plc, acquired Vector Disease Acquisition, LLC (VDA). Vector Disease Acquisition, LLC (VDA) one of the largest providers of mosquito control services in North America. Vector Disease Acquisition, LLC (VDA) is headquartered in Little Rock, Arkansas, and operates from 52 offices in 32 states in the U.S. This acquisition has reinforced its pest management services business and presence in North America.
By Type
Chemical is projected as the most lucrative segment.
On the basis of type, the chemical segment is expected to generate the highest revenue during the forecast period. This is attributed to its cost effectiveness. Thus, the demand for chemical type is high compared to biological, mechanical, and others.
By Pest Type
Insects is projected as the most lucrative segment.
On the basis of pest type, the insects segment had the largest pest management services market share in 2018 and is anticipated to dominate the market during the forecast period. Insecticides continue to be the dominant pesticides, as loss in crops from insects has become more evident.
By Application
Commercial is projected as the most lucrative segment.
On the basis of application, the commercial segment had the largest share in 2018, as there is a necessity to prevent pest infestation to protect health of employees and customers in commercial buildings. After commercial, the agriculture segment is anticipated to be the dominant application, this is attributed to reduce loss of crops.
By Region
North America holds a dominant position in 2018 and would continue to maintain the lead over the forecast period.
Region wise, North America dominated the market in 2018, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to high awareness about pest attacks and damage or pest associated diseases. Furthermore, Asia-Pacific is anticipated to be the fastest growing region in this market, due to rapid infrastructure development in countries such as India and China.
Key Benefits for Stakeholders:
- The report provides an in-depth analysis of the pest management services market forecast with current and future trends.
- This report highlights the key drivers, opportunities, and restraints of the market along with an impact analysis of the forecast period.
- Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the pest management services industry for strategy building.
- A comprehensive analysis of the factors that drive and restrain the growth of the market is provided.
- The qualitative data in this report aims on dynamics, trends, and developments of the market.
- The global pest management services market size is provided in terms of revenue.
- An extensive analysis of various regions provides insights that are expected to allow companies to strategically plan their business moves.
- The profiles of key players along with their key strategic developments are enlisted in the report.
Pest Management Services Market Report Highlights
| Aspects | Details |
 By Type |
|
 By Pest Type |
|
 By Application |
|
 By Region |
|
 Key Market Players | ANTICIMEX, DODSON PEST CONTROL, INC., ECOLAB, BAYER AG, LINDSEY PEST SERVICES, FMC CORPORATION, BASF SE, THE SERVICEMASTER COMPANY, LLC., RENTOKIL INITIAL PLC, ROLLINS, INC., SYNGENTA |
Analyst Review
According to the CXOs of leading companies, the global pest management services market witnessed a significant growth in recent years. This is attributed to exponential population growth, an increase in urbanization, and changes in climatic conditions. Besides Apart from this, the implementation of strict food safety regulations and an increase in business & consumer intolerance toward pest related issues propel the growth of this market. Key players opt adopted for mergers and acquisitions as their key developmental strategies to strengthen their foothold in the competitive market and build sector expertise. Furthermore, North America is expected to dominate the global pest management services market during the forecast period, in response to an increase in awareness about regarding health issues related to insects and pests. Implementation of stringent regulations towards hygiene & sanitation and an increase in health initiatives are further expected to boost the growth of the global market.
In Europe, the presence of the largest pest management services and product offering company, i.e. Rentokil, is coming up with new pest control practices. Since, the European region has proximity to regulatory bodies, companies in this region are producing products and services that are complying comply with regulatory terms. Therefore, the Europe region is anticipated witnessing to witness wide acceptance to pest management services during the forecast period. Therefore, factors such as the implementation of stringent regulatory policies toward hygiene & sanitation and increase in health initiatives may are estimated to offer new growth opportunities to the global pest management services market in the coming years.
The growth of the pest management services market is highly is attributed to factors such as an increase in urban population across the globe, which has resulted in a significant increase in food sources and conducive living habitats for various pests such as rodents, cockroaches, and mosquitoes. This has resulted in increased demand for pest management services across the globe.
The global pest management services market anticipated to grow at CAGR of 6.25% during the forecast period.
New product launches, business expansions, and acquisition are the major growth strategies adopted by the players in this market.
Some of the key trends observed in the global pest management services market are mandatory usage of pest related services in the construction repair activities and complete pest services packages lauches by the market players.
North America and Asia Pacific regions expected to provide lucrative growth opportunities to the global pest management services market.
BASF SE, Bayer AG, Rentokil Initial plc, Ecolab, Rollins, Inc., FMC Corporation, The ServiceMaster Company, LLC., and Syngenta are some of the prominent market players in this market.
Commercial is the largest segment in the global pest management services market.
Major customer of the pest management services are from residential, commercial, agriculture, and industrial sectors.
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