Termite Control Market by Application and Geography - Forecast and Analysis 2022-2026
| Published: Sep 2022 | Pages: 127 | SKU: IRTNTR74476 |
The termite control market share is expected to increase by USD 1.20 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.48%.
This termite control market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the termite control market segmentation by application (commercial, residential, agriculture, and others) and geography (North America, Europe, APAC, the Middle East and Africa, and South America). The termite control market report also offers information on several market vendors, including Annex Pest Control, Anticimex International AB, Aptive Environmental LLC, Arrow Exterminators Inc, BASF SE, China National Chemical Corp. Ltd., Dodson Pest Control Inc., Dow Inc., Dynamic Sanito SEA Pte. Ltd, Ecolab Inc., FMC Corp., Green Pest Solutions, Lifecycle Pest Control and Sanitization Services, Lloyd Pest Control, Massey Services Inc., Nikkei Inc., Pelsis Ltd., Rentokil Initial Plc, Rollins Inc., SANIX Inc., and Sumitomo Chemical Co. Ltd. among others.
What will the Termite Control Market Size be During the Forecast Period?
Download Report Sample to Unlock the Termite Control Market Size for the Forecast Period and Other Important Statistics
Termite Control Market: Key Drivers, Trends, and Challenges
Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the termite control market. During the COVID-19 pandemic, the termite control market demand has been impacted greatly. A holistic analysis of drivers will help in predicting exact demands and refining marketing strategies to gain a competitive advantage.
Key Termite Control Market Driver
Increasing demand from the agriculture sector is one of the factors driving the termite control market growth. The sugarcane termite prevents sugarcane setts from germinating properly, and when it attacks mature sugarcane, the cane is covered in mud tunnels, which frequently forces farmers to remove the stalks as plants get close to maturity. In East Africa, this termite is a significant pest in sugarcane plantations. Other termite species can also significantly harm sugarcane; in cases of severe infestation, no shoots will develop, and there are noticeable gaps left in the crop. Thus, the increasing attacks of termites in agricultural fields will induce farmers to adopt termite control products and services to save the crops cultivated in the fields. Thus, the increasing demand from the agricultural sector will boost the growth of the market during the forecast period.
Key Termite Control Market Trend
The growing hospitality, pharmaceutical, and food processing industries are one of the key termite control market trends fueling the market growth. The pharmaceutical and hospitality industries must adhere to stringent health and safety regulations. Therefore, the demand for termite control from these sectors has been on a growth trajectory over the years. Meanwhile, the food processing industry is highly competitive and demands the most stringent standards for quality and hygiene. Vendors such as Rentokil Initial provide termite control services for the hospitality, pharmaceutical, and food processing industries. Thus, the demand for termite control services has grown significantly in these industries globally, which will increase the demand for termite control services during the forecast period.
Key Termite Control Market Challenge
The increasing availability of DIY termite control products is one of the key factors challenging the termite control market's growth. Various manufacturers of termite control products are selling their products through offline stores such as hypermarkets and supermarkets and through online retailers, including Amazon.com. The high cost associated with professional termite control services encourages the use of DIY termite control products. Moreover, consumer preference for organic termite control products and an increase in the availability of effective products have led many consumers to prefer these over professional termite control services. Thus, the increasing availability of DIY termite control products is hindering the adoption of professional termite control services.
This termite control market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global termite control market as a part of the global environmental and facilities services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the termite control market during the forecast period.
Who are the Major Termite Control Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Annex Pest Control
- Anticimex International AB
- Aptive Environmental LLC
- Arrow Exterminators Inc
- BASF SE
- China National Chemical Corp. Ltd.
- Dodson Pest Control Inc.
- Dow Inc.
- Dynamic Sanito SEA Pte. Ltd
- Ecolab Inc.
- FMC Corp.
- Green Pest Solutions
- Lifecycle Pest Control and Sanitization services
- Lloyd Pest Control
- Massey Services Inc.
- Nikkei Inc.
- Pelsis Ltd.
- Rentokil Initial Plc
- Rollins Inc.
- SANIX Inc.
- Sumitomo Chemical Co. Ltd.
This statistical study of the termite control market encompasses successful business strategies deployed by the key vendors. The termite control market is fragmented, and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market.
Product Insights and News
- Anticimex International AB - The company offers termite control, such as digitally enabled pest control services using monitored traps and sensors that eliminate termites mechanically and/or electrically without the use of biocides.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The report on the termite control market contains comprehensive market knowledge and an in-depth vendor landscape added to an analysis of the key vendors.
Termite Control Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the termite control market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Termite Control Market?
For more insights on the market share of various regions Request PDF Sample now!
42% of the market’s growth will originate from North America during the forecast period. The US is the key market for the termite control market in North America. Market growth in this region will be slower than the growth of the market in APAC.
Stringent environmental regulations will facilitate the termite control market's growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID-19 Impact and Recovery Analysis
The outbreak of COVID-19 in 2020 negatively impacted the growth of the regional market. However, large-scale vaccination drives and the resumption of supply chain operations in the termite control market revived the growth of the market in focus to a certain extent. Moreover, the reopening of commercial and industrial spaces and increasing demand from end-user industries are anticipated to drive the growth of the market during the forecast period.
What are the Revenue-generating Application Segments in the Termite Control Market?
To gain further insights on the market contribution of various segments Request a PDF Sample
The termite control market share growth in the commercial segment will be significant during the forecast period. The commercial segment was the largest segment of the global termite control market in 2021 and will continue to remain the largest segment during the forecast period. The stringent regulatory requirements to keep the threat of termite infestation under control lead to the high demand for termite control services from the commercial sector. Audits are mandatory by many government authorities for certifications, such as ISO 9001 and ISO 22000, in the commercial sector. Such factors in the commercial segment will boost market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the termite control market size and actionable market insights on the post-COVID-19 impact on each segment.
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Termite Control Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.48% |
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Market growth 2022-2026 |
$1.20 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
4.77 |
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Regional analysis |
North America, Europe, APAC, the Middle East and Africa, and South America |
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Performing market contribution |
North America at 42% |
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Key consumer countries |
US, China, India, Germany, and France |
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Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
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Key companies profiled |
Annex Pest Control, Anticimex International AB, Aptive Environmental LLC, Arrow Exterminators Inc, BASF SE, China National Chemical Corp. Ltd., Dodson Pest Control Inc., Dow Inc., Dynamic Sanito SEA Pte. Ltd, Ecolab Inc., FMC Corp., Green Pest Solutions, Lifecycle Pest Control and Sanitization services, Lloyd Pest Control, Massey Services Inc., Nikkei Inc., Pelsis Ltd., Rentokil Initial Plc, Rollins Inc., SANIX Inc., and Sumitomo Chemical Co. Ltd. |
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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. |
What are the Key Data Covered in this Termite Control Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive termite control market growth during the next five years
- Precise estimation of the termite control market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the termite control industry across North America, Europe, APAC, the Middle East and Africa, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of termite control market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Commercial - Market size and forecast 2021-2026
- Exhibit 28: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
- 5.4 Residential - Market size and forecast 2021-2026
- Exhibit 32: Chart on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.5 Agriculture - Market size and forecast 2021-2026
- Exhibit 36: Chart on Agriculture - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Agriculture - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Agriculture - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Agriculture - Year-over-year growth 2021-2026 (%)
- 5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.7 Market opportunity by Application
- Exhibit 44: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.10 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.11 France - Market size and forecast 2021-2026
- Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 94: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 95: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification
- 10.3 Anticimex International AB
- Exhibit 97: Anticimex International AB - Overview
- Exhibit 98: Anticimex International AB - Business segments
- Exhibit 99: Anticimex International AB - Key offerings
- Exhibit 100: Anticimex International AB - Segment focus
- 10.4 Aptive Environmental LLC
- Exhibit 101: Aptive Environmental LLC - Overview
- Exhibit 102: Aptive Environmental LLC - Product / Service
- Exhibit 103: Aptive Environmental LLC - Key offerings
- 10.5 Arrow Exterminators Inc
- Exhibit 104: Arrow Exterminators Inc - Overview
- Exhibit 105: Arrow Exterminators Inc - Product / Service
- Exhibit 106: Arrow Exterminators Inc - Key offerings
- 10.6 BASF SE
- Exhibit 107: BASF SE - Overview
- Exhibit 108: BASF SE - Business segments
- Exhibit 109: BASF SE - Key news
- Exhibit 110: BASF SE - Key offerings
- Exhibit 111: BASF SE - Segment focus
- 10.7 China National Chemical Corp. Ltd.
- Exhibit 112: China National Chemical Corp. Ltd. - Overview
- Exhibit 113: China National Chemical Corp. Ltd. - Product / Service
- Exhibit 114: China National Chemical Corp. Ltd. - Key offerings
- 10.8 Ecolab Inc.
- Exhibit 115: Ecolab Inc. - Overview
- Exhibit 116: Ecolab Inc. - Business segments
- Exhibit 117: Ecolab Inc. - Key news
- Exhibit 118: Ecolab Inc. - Key offerings
- Exhibit 119: Ecolab Inc. - Segment focus
- 10.9 FMC Corp.
- Exhibit 120: FMC Corp. - Overview
- Exhibit 121: FMC Corp. - Product / Service
- Exhibit 122: FMC Corp. - Key offerings
- 10.10 Massey Services Inc.
- Exhibit 123: Massey Services Inc. - Overview
- Exhibit 124: Massey Services Inc. - Product / Service
- Exhibit 125: Massey Services Inc. - Key offerings
- 10.11 Rentokil Initial Plc
- Exhibit 126: Rentokil Initial Plc - Overview
- Exhibit 127: Rentokil Initial Plc - Business segments
- Exhibit 128: Rentokil Initial Plc - Key offerings
- Exhibit 129: Rentokil Initial Plc - Segment focus
- 10.12 Sumitomo Chemical Co. Ltd.
- Exhibit 130: Sumitomo Chemical Co. Ltd. - Overview
- Exhibit 131: Sumitomo Chemical Co. Ltd. - Business segments
- Exhibit 132: Sumitomo Chemical Co. Ltd. - Key offerings
- Exhibit 133: Sumitomo Chemical Co. Ltd. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 134: Inclusions checklist
- Exhibit 135: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 136: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 137: Research methodology
- Exhibit 138: Validation techniques employed for market sizing
- Exhibit 139: Information sources
- 11.5 List of abbreviations
- Exhibit 140: List of abbreviations
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
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
termite control market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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