Press release
Pest Control Market Growth Curve and Demand Analysis 2024-2033
Pest Control Market
The pest control market size is expected to see strong growth in the next few years. It will grow to $34.53 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to sustainable and eco-friendly pest control methods, growing pest resistance to traditional chemicals, use of digital monitoring and data analytics, organic and natural pest control solutions, expansion of integrated pest management (ipm).. Major trends in the forecast period include remote pest control services and apps, ai and machine learning for pest prediction, adoption of non-lethal pest management, regulatory emphasis on pesticide reduction, collaboration between pest control and agriculture.
Market Overview -
The pest control is the process of managing (by using deterrents or repellents) or removing pests from the house or place of business. Pest control services include screening and sealing of openings to avoid entry of pests inside the premises. It has various methods to control or prevent entry and infestation of pests. It helps in reducing illness and risk of harmful diseases and keeps the environment toxin-free.
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Increasing Urbanization Is Anticipated To Fuel The Pest Control Market
The increasing urbanization is expected to propel the growth of the pest control market going forward. Urbanization refers to the process by which rural areas become urbanized as a result of economic development and industrialization. Pest control is essential in urbanization to manage and mitigate the adverse effects of pests on public health, infrastructure, and the environment. For instance, in April 2023, according to the World Bank Group, a US-based bank, reported that currently, more than half of the global population resides in urban regions. By 2045, this urban population is projected to surge to 6 billion, marking 1.5 times increase. Therefore, the increasing urbanization is driving the growth of the pest control market.
Competitive Landscape -
Major companies operating in the pest control market include Asante Inc., Bayer AG, Cleankill Pest Control, Dodson Pest Control Inc., Eco Environmental Services Ltd., Lindsey Pest Services, NBC Environment, Rentokil Initial plc, Rollins Inc., ServiceMaster Global Holdings Inc., Syngenta Crop Protection LLC, Terminix Sis India Pvt Ltd., Truly Nolen Pest Control, Adama Ltd., Atalian Servest Co., Bell Laboratories Inc., JG Pest Control, Massey Services Inc., PelGar International Ltd., Ecolab Inc., Anticimex International AB, Arrow Exterminators Inc., Clark Pest Control, Presto-X Pest Control, JP McHale Pest Management Inc., Western Exterminator Co. Inc., Rose Pest Solutions, ABC Home & Commercial Services, J.C. Ehrlich, Plunkett's Pest Control
Technological Innovations Offer Eco-Friendly Solutions In The Pest Control Market
Technological advancements are shaping the pest control market. Certain technologies will prevent or reduce the impact on nature. These will include the destruction of crops by humans and scheduled planting operations. For instance, in March 2021, Bayer AG, a Germany-based biotechnology and pharmaceutical company, launched Vynyty Citrus, a crop protection product based on pheromones and biology that will control pests on citrus farms. Vynyty Citrus container is an innovative tool with an active liquid inside of it that doesn't cause resistance or residues to build up in harvests or the environment. It is the first product of its kind to be available on the market and is made with natural pyrethrum and pheromones to control pests in citrus fruits. By interfering with pests' mating rituals, pheromones effectively suppress pest populations by preventing pest reproduction.
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Key Segments -
The pest control market covered in this report is segmented -
1) By Pest Type: Insects, Termites, Rodents, Wildlife
2) By Control Method: Chemical, Mechanical, Biological
3) By Mode of Application: Powder, Sprays, Pellets, Traps, Baits
4) By Application: Commercial, Residential, Agriculture, Industrial
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
TOP MOST PLAYERS:
Terminix International…
