The global pest control market was valued at USD 20.6 billion in 2019 and is anticipated to expand at substantial CAGR during the forecast period, between 2021 and 2028. Pest control includes a range of arrangement to regulate pests especially insects such as cockroaches, house flies, bed bugs, and others. It refers to the management of control solutions in order to eradicate the pests from houses or some certain establishments. In urban areas, the control of these pests is usually applied by using different means or methods such as physical removal or using chemical solutions. Pesticides are chemicals that are primarily used for the mitigating of pest damage. Pests can lead to serious health issues, which is why the pest control market has gained significance in the recent years.
The report on the global pest control market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Pest Control Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Chemical, Mechanical, Biological, and Others), Pest Types (Insects, Termites, Rodents, and Others), Applications (Commercial, Residential, Agriculture, Industrial, and Others) |
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 |
Anticimex; BASF SE; Bayer AG; Cleankill Pest Control; Dodson Pest Control Inc.; Eastern Pest Control; Eco Environmental Services Ltd.; Ecolab; FMC Corporation; JG Pest Control; Lindsey Pest Services; NBC Environment; Rentokil Initial plc; Rollins Inc.; Syngenta; and The Service Master Global Holdings Inc. |
Based on types, the global pest control market is segmented into chemical, mechanical, biological, and others. The chemical segment registered high revenue in 2019 and is projected to hold a key market share in the coming years owing to high demand for chemical pesticides for household pest controls especially in urban areas. Additionally, the use of pesticides such as pyrethrin and pyrethroids in household enhance the level of pest control and faster eradication of house pests. The biological segment, however, is expected to expand at a robust CAGR during the forecast period owing to rising environmental concerns, wide adoption for crop farming in rural areas, and increased R&D spending on manufacture of ecological pesticides. Biocontrol of pests involves the elimination of pests using other organisms such as predators, parasiticides, and other bio-competitors.
On the basis of pest types, the market is categorized as insects, termites, rodents, and others. The insect segment is forecasted to witness significant growth during the forecast period owing to the presence of major problems of insects in various households. Moreover, rising demand for higher concentration of insect pest in urban areas also drives the segment. The rodent control segment is forecasted to offer lucrative opportunities for key market players in the coming years.
Based on applications, the global pest control market is fragmented into commercial, residential, agriculture, industrial, and others. The residential segment is estimated to generate high revenue during the forecast period due to high contamination of pests around residential areas especially in households. The most popular solutions for pest control in residential areas include fumigations, chemical spraying, baits, and aerosols. Rising urbanisation in developing countries has led to development of many residential projects, thereby, pushing to use pesticides for pest control.
In terms of regions, the market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to constitute a large share of the market in the coming years due to massive investment in R&D activities by key market players towards developing biological pest control solutions. Moreover, development strategies for enhancement of sales of organic pest control solutions are driving the market in the region. The market in Asia Pacific, however, is projected to expand at a significant CAGR during the forecast period due to strengthening of the housing market and a steadily improving economy have led to increasing investments towards the residential pest control in the region.
Key players competing in the global pest control market are Anticimex; BASF SE; Bayer AG; Cleankill Pest Control; Dodson Pest Control Inc.; Eastern Pest Control; Eco Environmental Services Ltd.; Ecolab; FMC Corporation; JG Pest Control; Lindsey Pest Services; NBC Environment; Rentokil Initial plc; Rollins Inc.; Syngenta; and The Service Master Global Holdings Inc. These players are widely engaged in various business development strategies including mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and expand their consumer base globally.
Key players competing in the global pest control market are Anticimex; BASF SE; Bayer AG; Cleankill Pest Control; Dodson Pest Control Inc.; Eastern Pest Control; Eco Environmental Services Ltd.; Ecolab; FMC Corporation; JG Pest Control; Lindsey Pest Services; NBC Environment; Rentokil Initial plc; Rollins Inc.; Syngenta; and The Service Master Global Holdings Inc. These players are widely engaged in various business development strategies including mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and expand their consumer base globally.
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