PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1420291
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1420291
As urban populations continue to grow worldwide, the demand for pest control products and services is on the rise. The influx of people from rural areas to urban centers, particularly in developing countries, is further exacerbating the need for effective pest control solutions. A recently released market assessment report predicts that the pest control products and services market is poised for substantial growth from 2024 to 2031.
Increasing Types of Diseases Caused by Pests: In today's health-conscious world, individuals from residential and commercial sectors are increasingly aware of the importance of maintaining good health and hygiene. This heightened awareness has led to a surge in the adoption of pest control products and services globally. The rise in various diseases caused by pests has underscored the necessity of effective pest control measures.
Designing Sector-Specific Services: Industries, especially the food and beverage sector, are implementing customized pest control measures tailored to factors such as raw materials, production temperatures, and environments. Pest control service providers are now focusing on specialized programs to meet the unique demands of food companies, ensuring optimal hygiene standards without compromising on product quality. Pest control audits, compliant with standards like HACCP, BRC, AIB, and FEMAS, are also being offered to meet industry-specific requirements.
Toxicity and Health-related Issues May Hamper Market Growth: Concerns about pesticide toxicity and associated health risks are limiting the growth of the pest control products and services market. Consumers in the agricultural and food industries are increasingly opting for low-toxicity pesticides to avoid adverse health effects. Many companies are shifting towards bio-based pesticides to offer eco-friendly alternatives and comply with stringent government regulations. The adoption of organic pesticides is on the rise in developed regions like Western Europe and North America, alleviating concerns about pesticide toxicity and health risks.
North America currently dominates the global pest control products and services market in 2024. Europe and Asia are emerging as lucrative regions, each expected to capture a significant market share in 2024.
The ongoing COVID-19 pandemic has led to an increased demand for pest control services worldwide, as people seek to mitigate the spread of viruses and bacteria in residential and commercial settings. Post-lockdown, pest control services are essential to address infestations that occurred during vacant periods in commercial areas, such as cockroach infestations, mosquito breeding, and rodent activities.
Businesses are taking proactive measures to protect employees and customers from the spread of the virus, including pest proofing and disinfection. Additionally, governments are implementing strict sanitation and hygiene regulations, creating opportunities in the commercial and industrial sectors. The pest control industry is also witnessing advancements in route optimization software to improve overall efficiency.
The comprehensive market analysis by Fairfield Market Research includes detailed segmentation based on type, application, end-user, and region. Each segment has been meticulously examined, and growth data for each segment is incorporated into the study.