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The Pest Control Services Market size is estimated to grow at a CAGR of 6.51% between 2022 and 2027 and the size of the market is forecast to increase by USD 8,789.06 million. The growth of the market depends on several factors such as the increase in demand for insurance-based pest control services, the growing hospitality, pharmaceutical, and food processing industries, and the complexity of pest control procedures and safety protocols for chemicals used in pest control.
This report extensively covers market segmentation by application (general pest control and termite control), end-user (residential and commercial), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.
Pest Control Services Market Forecast 2023-2027
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Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
To cater to customer demand, several companies are offering insurance-based pest control services for both residential and commercial customers as part of home insurance plans. Moreover, the availability of specialized insurance policies that cater to a specific customer's requirements will allow the customer to manage their expenses and access a reliable service provider. A major company, Anticimex offers insurance-based pest control services through its own sales forces, insurance companies, real estate agents, and insurance brokers after the inspection of houses. Additionally, it has managed to get into various agreements with insurance companies in Finland, Denmark, Spain, and Australia.
Furthermore, several European countries are opting for pest control insurance such as Sweden where 80% of all homes have pest control coverage. In other countries like Denmark and Finland, Anticimex has expanded operations by signing an agreement with the insurance company IF. Moreover, it has also signed agreements with 12 insurance companies in Spain. Hence such factors will contribute to market growth during the forecast period.
The market is becoming digitalized and technologically advanced with the integration of more sophisticated methods of prevention and protection from pests. Moreover, the trend towards sustainability, stringent regulations and rising demand for non-toxic, sustainable solutions are further increasing demand for such advanced digital pest control services. This trend is beneficial to financially strong and large professional companies. The usage of sensors, smartphones, mobile connectivity, cloud storage, apps, and data analytics in digital pest control is improving the quality of service and helping to deliver new levels of pest control effectiveness, speed of response, insight, and productivity.
Hence, companies like Anticimex are enhancing efficiency and productivity by launching new applications to attract more customers. Its smart pest control technology, Anticimex SMART uses high-tech digital traps, sensors, and cameras to monitor and control rodent activity. It allows constant monitoring, instant reaction, and reports directly to the database hub. Moreover, it has sensors that can detect pest activity in hidden areas. Such advanced features of applications and services provided by pest control companies will propel market growth during the forecast period.
There is a wide range of accessible self-use pest control products that are resulting in increasing demand for DIY pest control products. Moreover, ease of usage due to instructions and information provided even online is accountable for the increased demand for DIY pest control products. Residential consumers who compose a major revenue-generating segment are also responsible for growing demand. Such factors pose a major for pest control service providers with respect to their growth.
Furthermore, the presence of a large number of organic DIY pest control products and their easy availability in hypermarkets and supermarkets as well as online retailers like Amazon are expanding the scope of DIY pest control services. Some of the most popular DIY organic pest control products are the Eco Defense Organic Home Pest Control Spray All-Natural Insect Killer, Talstar Professional Insecticide, Orange Guard Home Pest Control, and Raid House & Garden Bug Killer. Hence such factors will hinder market growth during the forecast period.
The general pest control segment will account for a major share of the market's growth during the forecast period. It includes pest control of ants, flies, cockroaches, fleas, bed bugs, spiders, mosquitoes, moths, wasps and bees, and ticks in the commercial and residential sectors. Moreover, by methods including anti-fungal treatment and disinfection, it can eradicate rodents, beetles, gnats, silverfish, stink bugs, millipedes, weevils, and mites. Due to the removal of almost all pests, it is witnessing increasing demand from many industries, particularly the residential, hospitality, food, and technology industries.
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The general pest control segment was valued at USD 15,323.78 million in 2017 and continued to grow until 2021.?The US is the global leader with respect to general pest control. The demand from emerging markets such as India and China is driven by increased standards of hygiene and growing product availability. Moreover, there is increasing demand worldwide from end-users where hygiene is vital such as hotels, shops, and the healthcare industry to prevent pest and bed bug infestations. Seasonal variations and weather conditions have fueled the growth of rodents, pests, and bed bugs worldwide. Hence such factors are expected to contribute to the growth of this segment during the forecast period.
Based on the end-user segment, the market has been segmented into residential and commercial. The residential?segment will account for the largest share of this segment. Increasing urbanization is also resulting in various problems such as overcrowding, inefficient waste disposal, water logging during the rainy season, and poor quality of buildings. Moreover, the close proximity of living quarters in most urban centers allows for the easy spreading of pests. Hence this segment targets pest control issues by offering services such as bird proofing; rodent extermination; fumigation; and eradication of mosquitoes, bed bugs, ants, and cockroaches. Moreover, factors such as the introduction of legislation by the European Union (EU) countries to reduce the purchase of toxic DIY pest control products will also have a positive impact on the pest control services market. Additionally, the expansion of operations of major companies by using strategic moves like partnerships and acquisitions will also boost segment growth during the forecast period.
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North America is estimated to contribute 45% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. North America is the largest region due to various factors like stringent environmental regulations, decreasing demand for toxic solutions, less tolerance for pests, and the increasing willingness to buy pest control services. However major companies follow inorganic growth strategies and acquire smaller companies to expand their market share and for market consolidation.
For instance, Anticimex acquired American Pest Management, Viking Pest Control, and Modern Pest business to expand its presence in North America. Furthermore, in 2022, four major players - Rollins, Rentokil Initial, Ecolab, and the ServiceMaster Company accounted for more than 50% of the total regional market. Moreover, most US households have a grill or smoke, which when used for cooking outdoors can often attract pests such as mosquitoes, flies, and rats, increasing demand for pest control services in the US. Such factors will fuel regional market growth during the forecast period.
The COVID-19 outbreak had a negative impact on the market due to various companies ceasing operations due to lockdown restrictions. One of the major companies in the region, Rentokil, announced it would not conduct any type of pest control service in medical treatment rooms or quarantine areas which were used for the treatment of COVID-19 patients. However, after large-scale vaccination drives, businesses resumed operations and this allowed the regional pest control services market to recover in the first half of 2021. Moreover, the increased emphasis on health and safety measures due to the pandemic is also predicted to propel market growth during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABC Home and Commercial Services - The company offers pest control services such as home and commercial pest control.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
Anticimex International AB, Aptive Environmental LLC, Arrow Exterminators Inc., Asante Co. Ltd., Cooks Pest Control Inc., Dodson Pest Control Inc., Dynamic Sanito Inc., Ecolab Inc., Green Pest Solutions, Lloyd Pest Control, Massey Services Inc., Pelsis Ltd., Rentokil Initial Plc, Rollins Inc., SANIX Inc., Seva Pest Management Service Pvt. Ltd., Tech Hygiene Pest Control Pvt. Ltd., The ServiceMaster Co. LLC, and Truly Nolen of America Inc.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The pest control services market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
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Pest Control Services Market Scope |
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Report Coverage |
Details |
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Page number |
160 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.51% |
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Market growth 2023-2027 |
USD 8,789.06 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
5.96 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 45% |
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Key countries |
US, Canada, India, UK, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABC Home and Commercial Services, Anticimex International AB, Aptive Environmental LLC, Arrow Exterminators Inc., Asante Co. Ltd., Cooks Pest Control Inc., Dodson Pest Control Inc., Dynamic Sanito Inc., Ecolab Inc., Green Pest Solutions, Lloyd Pest Control, Massey Services Inc., Pelsis Ltd., Rentokil Initial Plc, Rollins Inc., SANIX Inc., Seva Pest Management Service Pvt. Ltd., Tech Hygiene Pest Control Pvt. Ltd., The ServiceMaster Co. LLC, and Truly Nolen of America Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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