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Insect Pest Control Market Share, Growth, Opportunities 2031
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Insect Pest Control Market Share, Growth, Opportunities 2031

Segments - Insect Pest Control Market by Applications (Commercial & Industrial, Residential, Livestock farms, and Others), Insect Types (Mosquitoes, Rodents, Termites, Bedbugs, and Cockroaches), Control Method (Chemical, Biological, and Physical), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-4514 | 4.4 Rating | 74 Reviews | 222 Pages | Format : PDF Excel PPT

Report Description


The insect pest control market size was valued at USD 12.3 billion in 2020 and is projected to reach USD 25.23 billion by 2028, expanding at a CAGR of 5.2% during the forecast period, 2021 – 2028. The growth of the market is attributed to the changes in climatic conditions, as well as a rapid increase in insect populations globally.

Insect Pest Control Market Key Takeaways

Pest control is the management or regulation of a pest species, an animal that has a negative impact on human activities. Chemical pest control methods and strategies that distribute pesticide treatments to diverse client segments are included in the insect pest control market. The service providers supply these solutions in several geographical places. People are becoming more conscious of the importance of living a healthier lifestyle as the world's population continues to grow. This makes the target audience more likely to request pest control on a frequent basis. These services are offered for several industries such as commercial, residential, and livestock. Toxic chemicals, such as toxins, are used in the pest management industry to kill pests and keep the region pest-free.

During the pandemic, the value of sales of insect pest control goods and services increased. During the COVID-19 pandemic, consumers considered insect pest treatment as an effective approach to maintain a pest-free environment, as well as their health and wellness. COVID-19's epidemic has posed major economic, social, and medical concerns. The majority of manufacturing companies expect COVID-19 to have an impact on their operations, resulting in a slowdown in spending and increased credit market uncertainty.

  • Flying bug populations would grow as a result of climate change, which is estimated to drive the market during forecast period.
  • Increased disease outbreak is propelling the demand for public health initiatives, which is projected to fuel the market.
  • High cost of the product is anticipated to hinder the market growth during the forecast period.
  • Lack of skilled labor act as key factor that can hinder the market growth during forecast period.
  • R&D and technological advancement is expected to create lucrative opportunities for the market players during the projected period.

Scope of the Report

The report on the global insect pest control market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Insect Pest Control Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Applications (Commercial & Industrial, Residential, Livestock farms, and Others), Insect Types (Mosquitoes, Rodents, Termites, Bedbugs, and Cockroaches), Control Method (Chemical, Biological, and Physical)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Adama; Terminix; Arrow Exterminators, Inc.; Syngenta; BASF SE; Sumitomo Chemical; Bayer; Rollins, Inc.; Bell Laboratories Inc.; Rentokil Initial PLC.; Ecolab, Inc.; Korea Henkel home care Co. Ltd.; Ensystex; and FMC Corporation

Market Segment Insights

The commercial & industrial segment held major market share in 2020

Based on applications, the market is segregated into commercial & industrial, residential, livestock farms, and others. The commercial & industrial segment held major market share in 2020 and is estimated to expand at a CAGR of 5.1% during the forecast period, owing to increased demand for competent pest control solutions, particularly in the food manufacturing and hospitality industries in order to keep cockroaches, bedbugs, flies, and mosquitoes away. For commercial and industrial enterprises, mandatory audits for certifications such as ISO 9001 and ISO 22000 have also become a necessity. These certificates include a requirement for insect management to be performed on a yearly, half-yearly, or quarterly basis and companies who fail to comply with these regulations may face penalties or even be forced to close their business.

Insect Pest Control Market By Applications

The termites segment held around 32.01% of the total market share in 2020

In terms of insect types, the market is fragmented into mosquitoes, rodents, termites, bedbugs, and cockroaches. The termites segment dominated the market and held around 32.01% of the total market share in 2020. Termites are wood-eating insects that are commonly seen in homes. Termites are often referred to as white ants, owing to the fact that they are not closely linked to ants. They are dangerous, when they eat and sometimes destroy, human-important wooden buildings or plant stuff. Termites kill and eat plant matter and cellulose, which can be found in the form of soil, wood, manure, or leaf litter. Termites are large detritivores, especially in subtropical and tropical areas, and their recycling of wood and plant debris is extremely beneficial to the environment. Termites can sting and bite humans, but the wounds are not dangerous. As a result, those who live in termite-infested homes may get allergic reactions or asthma attacks.

The chemical segment is estimated to grow at a rapid pace during the forecast period

On the basis of control methods, the market is divided into chemical, biological, and physical. The chemical segment is estimated to grow at a rapid pace during the forecast period owing to its low cost, great results, ease of application, and stability. These reasons, in combination with improving economic situations in various parts of the world, are driving the use of chemicals to a greater extent. Chemical pesticides are usually quick-acting, reducing their environmental impact. To increase the area covered, local agencies are using innovative methods for administering chemical treatments, such as the use of drone-based sprays.

Insect Pest Control Market By Control Method

North America dominates the global market

In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America dominates the global market with around 36% of the total revenue owing to rising commercial and residential constructions. The United States has the major share of the insect pest control market in North America. According to the Centers for Disease Control and Prevention (CDC), more than 640,000 instances of insect-borne disorders were reported in the United States between 2004 and 2016. As a result, the demand for insect pest control has increased in recent years.

Segments

The global insect pest control market has been segmented on the basis of

Applications
  • Commercial & Industrial
  • Residential
  • Livestock farms
  • Others
Insect Types
  • Mosquitoes
  • Rodents
  • Termites
  • Bedbugs
  • Cockroaches
Control Method
  • Chemical
  • Biological
  • Physical
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Adama
  • Terminix
  • Arrow Exterminators, Inc.
  • Syngenta
  • BASF SE
  • Sumitomo Chemical
  • Bayer
  • Rollins, Inc.
  • Bell Laboratories Inc.
  • Rentokil Initial PLC.
  • Ecolab, Inc.
  • Korea Henkel home care Co. Ltd.
  • Ensystex
  • FMC Corporation

Competitive Landscape

Key players competing in the insect pest control market include Adama; Terminix; Arrow Exterminators, Inc.; Syngenta; BASF SE; Sumitomo Chemical; Bayer; Rollins, Inc.; Bell Laboratories Inc.; Rentokil Initial PLC.; Ecolab, Inc.; Korea Henkel home care Co. Ltd.; Ensystex; and FMC Corporation.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years. For instance,

  • Huifeng was purchased by ADAMA in May of 2021. Huifeng's major crop protection formulation capabilities and synthesis have been purchased by ADAMA for a 51 percent stake. ADAMA's commercial footprint in the Chinese insect pest control business is growing.
  • Rollins Inc. has purchased Aardwols Pestkare, a Singapore-based firm, this growth was crucial in helping Rollins extend its services in Asia Pacific.
Insect Pest Control Market By Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Insect Pest Control Market Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Insect Pest Control Market Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Insect Pest Control Market Market - Supply Chain
  4.5. Global Insect Pest Control Market Market Forecast
     4.5.1. Insect Pest Control Market Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Insect Pest Control Market Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Insect Pest Control Market Market Absolute $ Opportunity
5. Global Insect Pest Control Market Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Insect Pest Control Market Market Size and Volume Forecast by Applications
     5.3.1. Commercial & Industrial Residential Livestock farms Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Insect Pest Control Market Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Insect Pest Control Market Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Insect Pest Control Market Demand Share Forecast, 2019-2026
7. North America Insect Pest Control Market Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Insect Pest Control Market Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Insect Pest Control Market Market Size and Volume Forecast by Applications
     7.4.1. Commercial & Industrial Residential Livestock farms Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Insect Pest Control Market Demand Share Forecast, 2019-2026
8. Latin America Insect Pest Control Market Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Insect Pest Control Market Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Insect Pest Control Market Market Size and Volume Forecast by Applications
     8.4.1. Commercial & Industrial Residential Livestock farms Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Insect Pest Control Market Demand Share Forecast, 2019-2026
9. Europe Insect Pest Control Market Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Insect Pest Control Market Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Insect Pest Control Market Market Size and Volume Forecast by Applications
     9.4.1. Commercial & Industrial Residential Livestock farms Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Insect Pest Control Market Demand Share Forecast, 2019-2026
10. Asia Pacific Insect Pest Control Market Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Insect Pest Control Market Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Insect Pest Control Market Market Size and Volume Forecast by Applications
     10.4.1. Commercial & Industrial Residential Livestock farms Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Insect Pest Control Market Demand Share Forecast, 2019-2026
11. Middle East & Africa Insect Pest Control Market Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Insect Pest Control Market Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Insect Pest Control Market Market Size and Volume Forecast by Applications
     11.4.1. Commercial & Industrial Residential Livestock farms Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Insect Pest Control Market Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Insect Pest Control Market Market: Market Share Analysis
  12.2. Insect Pest Control Market Distributors and Customers
  12.3. Insect Pest Control Market Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Adama
     12.4.2. Terminix
     12.4.3. Arrow Exterminators, Inc.
     12.4.4. Syngenta
     12.4.5. BASF SE
     12.4.6. Sumitomo Chemical
     12.4.7. Bayer
     12.4.8. Rollins, Inc.

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