PUBLISHER: 360iResearch | PRODUCT CODE: 1471219
PUBLISHER: 360iResearch | PRODUCT CODE: 1471219
[199 Pages Report] The Pest Control Market size was estimated at USD 25.33 billion in 2023 and expected to reach USD 26.76 billion in 2024, at a CAGR 5.98% to reach USD 38.06 billion by 2030.
Pest control encompasses a wide range of products, services, and technologies aimed at managing, preventing, and eradicating pests that pose risks to human health, property, and the environment. Professional pest management services, chemical and biological pest control products (such as insecticides, rodenticides, and repellents), as well as innovative technological solutions, including remote monitoring systems and smart traps, all come under the practice of pest control. Increasing urbanization and globalization, which lead to increased instances of infestations and growing awareness about the importance of maintaining hygienic living conditions, have accelerated the need for pest control. Government initiatives promoting strict pest management practices have also elevated their demand worldwide. However, strict regulations regarding the registration, distribution, and usage of pesticides may hinder the development of innovative products. Market players are working on keeping up with the changing regulatory scenario while bringing new formulations, providing longer-lasting protection against target pests to address the limitations. The integration of IoT and AI technology in pest control provides opportunities for remote monitoring, data analytics, and predictive modeling that offer more efficient, proactive solutions and help clients make informed decisions about their pest management strategies.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 25.33 billion |
Estimated Year [2024] | USD 26.76 billion |
Forecast Year [2030] | USD 38.06 billion |
CAGR (%) | 5.98% |
Control Method: Preference for biological products owing to their potential as sustainable long-term solutions
Biological control involves using naturally occurring organisms to manage pests without harming the environment or human health. This method is favored in agricultural settings and conservation areas where maintaining ecological balance is crucial. Chemical control involves using synthetic or natural substances to eliminate or reduce pest populations. This method is widely used in commercial agriculture, residential areas, and public spaces due to its fast-acting nature and ability to target specific pests. Mechanical control methods rely on physical actions to prevent, trap, or remove pests from an area. This environmentally friendly approach is suitable for homes, gardens, and small-scale agricultural settings. The software & services category encompasses digital tools and professional consultation services that help users monitor pest populations, analyze trends, and develop effective control strategies. These solutions are increasingly popular among large-scale agricultural businesses and pest management companies seeking data-driven insights to optimize their operations.
Pest Type: Prevalence of disease-spreading insects worldwide
Insects are common pests in households and commercial properties, which include ants, mosquitoes, flies, and cockroaches. The need to control insects is driven by their potential to spread diseases, contaminate food supplies, and cause structural damage. Rodent infestations can cause significant damage to property and infrastructure through gnawing on materials, including wood or electrical wiring. They also pose health risks due to the potential spreading of diseases. Termites can cause severe structural damage to buildings and wooden structures, leading to significant repair costs. Wildlife management focuses on controlling the populations of nuisance animals such as raccoons, squirrels, birds, and bats that can potentially cause property damage or pose health risks to humans. These companies utilize exclusion methods (fencing), trapping devices (cage traps), repellents (chemical or natural), habitat modification techniques (removal of food sources), and even relocation programs in their wildlife management services.
Mode of Application: Increasing utilization of spray-based pest control as they offer faster-acting results
Baits are a popular pest control method due to their targeted approach, which reduces the risk of exposure to humans and animals. They consist of toxic substances mixed with food-based attractants, enticing pests to ingest the poison. Pellets are small granular formulations used primarily for rodent control, often placed in hard-to-reach areas where rodents tend to hide. Powder formulations are used effectively against various crawling insects, such as ants, cockroaches, and bed bugs, by dehydrating or poisoning them upon contact or ingestion. Sprays are one of the most common and versatile methods of pest control, providing quick knockdown and residual protection for various insect pests. They are ideal for both indoor and outdoor applications like gardens, lawns, and home perimeters. Traps offer a non-toxic alternative to chemical-based control methods by mechanically capturing or killing pests. They are preferable in situations where poisons might pose risks to humans or pets.
Application: Need for advanced pest control solutions in agricultural settings to ensure crop protection
Commercial pest control primarily focuses on safeguarding businesses from pests that can cause damage to structures or pose health risks to employees and customers. This segment includes retail stores, hotels, restaurants, and office buildings. Industrial pest control targets facilities such as manufacturing plants, warehouses, and distribution centers that require specialized solutions due to their large-scale operations or stringent regulatory compliance requirements. Livestock pest control deals with managing pests affecting livestock, such as cattle farms, poultry houses, or swine barns. These pests may cause harm to animals, transmit diseases, or damage feed supplies. The residential segment caters to homeowners looking to protect their homes from infestations that can damage property or affect the health of their families.
Regional Insights
Americas represents a growing market for pest control due to increasing urbanization and rising consumer awareness about health and hygiene. South America's pest control market is smaller but growing rapidly due to factors such as agricultural expansion, urban development, and increased international trade. Regarding production capabilities in the Americas, there are several large multinational companies operating in the region, and they are working on including technologies such as AI & ML to improve their product quality. The European market is advancing, driven by strong government regulations supporting preference for biological pest control methods. The region is home to some of the major global players working on expanding their production capacity across developing countries. The Asian pest control market is the fastest-growing geographical segment in this sector, driven by the growing need for controlling vector-borne diseases and a burgeoning middle class more conscious of health and hygiene. China and India are the most significant markets within Asia due to their large population sizes, rapid economic growth, and expanding urban areas. The Asian market also has significant players who offer cost-effective products based on their economies of scale production potential. Government initiatives in the region have encouraged integrated pest management programs, encouraging market growth.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Pest Control Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Pest Control Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Pest Control Market, highlighting leading vendors and their innovative profiles. These include Adama Agricultural Solutions Limited, Anticimex International AB, Aptive Environmental, LLC, Arrow Exterminators Inc., Atalian Servest Limited, BASF SE, Bayer AG, Bulwark Exterminating, LLC, Cook's Pest Control, Inc., DuPont de Nemours Inc., Ecolab Inc., Ensystex, Inc., Extermco Pest Control, Firstcare Environmental Services Private Limited, FMC Corporation, Greenhow Inc., Guaranty Pest Control, Inc., Massey Services, Inc., Max Pest Control Services, Orion Pest Solutions Pvt. Ltd., PelGar International Limited, PestCo, LLC, Rentokil Initial PLC, Rollins, Inc., Rose Pest Solutions by Bio-Serv Corporation, Scherzinger Pest Control, Sumitomo Chemical Co., Ltd., Syngenta Crop Protection AG, Truly Nolen of America, Inc., and UPL Ltd..
Market Segmentation & Coverage
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast of the Pest Control Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Pest Control Market?
3. What are the technology trends and regulatory frameworks in the Pest Control Market?
4. What is the market share of the leading vendors in the Pest Control Market?
5. Which modes and strategic moves are suitable for entering the Pest Control Market?