Pest Control Services Market

Pest Control Services Market - Size, Share, Outlook, and
Opportunity Analysis, 2018-2026
Pest control is the management and regulation of a variety of living organisms
that adversely impact human activities. Pests such as cockroaches and termites
hinder several agricultural, commercial, industrial, and residential activities.
Pest control services performed to eliminate these pests in order to ensure
hygiene and good health. Pest control services include, chemical control,
mechanical control, and synthetic control among others.
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Moreover, growing tourism industry in the U.S is one of the major factors
driving growth of the pest control services market in the region. This is owing to
increasing demand for hygienic stays. According to the data published by the
World Travel & Tourism Council, the U.S travel & tourism industry contributed
US$ 1,501.9 billion in 2017, which was 7.7% of the U.S GDP.
Furthermore, manufacturers are focused on developing novel technologies for
controlling pest infestation, which is a key factor driving growth of the pest
control services market. For instance, in June 2018, Terminix launched Quick
Guard Mosquito Service, to quickly combat mosquitoes in homeowners’ yards.
The treatment uses an integrated pest management approach and features a
fast-acting, effective pesticide that has been tested in the most challenging
mosquito environments.
Major players operating in the global pest control services market include,
BASF SE, Bayer AG, Syngenta AG, DOWDUPONT Inc., FMC Corporation,
Rentokil Initial Plc., Ecolab Inc., Bell Laboratories, Inc., Rollins, Inc., and The
Terminix International Co. Ltd.
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Global pest control services market was valued at US$ 16,179.8 Mn in 2017 and is projected to increase to US$ 24,105.7 Mn by 2025, witnessing a CAGR of 5.1% over the forecast period.

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