Saturday, March 31, 2018

Latest info on Pest Control Services Market

  Mohd Shubhi       Saturday, March 31, 2018

Pest Control Services Market, by Application and By Service Type-Industry Insights, Trends, and Forecast

Pest control is the management and regulation of a variety of living organisms such as pests that are harmful to the human population. Pests such as cockroaches and termites hinder human activities such as agriculture, commercial, industrial, and residential processes.

Pest control services are carried out to eliminate pests and ensure hygiene and health. Pest control services include chemical control, mechanical control, and synthetic control among others.

Pests are known to contaminate the environment and spread diseases such as Hantavirus, Plague, Salmonella, and rat bite fever.

The most widely used techniques of pest control include poisoned baits, chemical repellents, and traps.

Growing urbanization and growing concern regarding health and hygiene among the populace are major factors driving growth the market for pest control. Besides the removal of vegetation, destruction of pastures and crops, and creation of nuisance in urban and rural residential areas, pests are also known to interfere with nature-based tourism, as it causes the destruction of natural resources.

However, several emerging economies such as India and China majorly rely on agricultural activities, thus rely on pest control services to get rid of pests that hinder agricultural activities.

Increasing tourism in several regions, and increasing number of economies relying primarily on tourism are expected to boost demand for pest control services, in turn boosting market growth.

However, the stringent government regulations related to limited use of toxic pesticides to reduce its impact on environment and health is one of the major factors hindering growth of the pest control services market.

Pest Control Services Market Taxonomy

On the basis of application, the global pest control service market is segmented into:

  • Insect Control
  • Birds Control
  • Termite Control
  • Rat and Rodents Control
  • Others,

On the basis of service type, the global pest control service market is segmented into:

  • Chemical Control Service
  • Organic Control Service
  • Synthetic Control Service
  • Mechanical Control Service
  • Others

On the basis of end user, the global pest control service market is segmented into

  • Agricultural
  • Industrial
  • Commercial
  • Residential

North America holds a dominant position in the global pest control services market and is expected to retain its dominance during the forecast period. In 2017, the Environmental Protection Council (EPA) withdrew the ban on the use of major pesticide—chlorpyrifos.

This is expected to fuel demand for pest control services.

Moreover, the Environmental Protection Council made the production of pesticides and insecticides mandatory in this region.

U.S. accounts for the major contributor to growth of the pest control services market in North America and is expected to retain its dominance during the forecast period.

Asia Pacific is expected to project the fastest growth during the forecast period on account of rapid adoption of pest control services, due to strengthening government regulations.

Emerging economies such as India and Bangladesh, majorly depends on agricultural activities, thus the demand for pest control services is expected to increase in this region, to ensure hygiene and health of crops.

Additionally, in 2015, the 29thSession of Asia Pacific Plant Protection Commission (APPPC) has implemented International Standards for Phytosanitary Measures (ISPM), which aims to strengthen information management, building capacities for pest management, and phasing out highly hazardous pesticides, thereby fuelling growth of the market in the region.

Key players in the Global Pest Control Services Market

Key players are adopting various strategies such as mergers and acquisitions, joint ventures, partnerships, and product innovations to ensure their long-term sustenance in this market.

In 2017, Arrow Exterminating Company, Inc. acquired Bugmaster Exterminators, which specializes in commercial and residential termite control, based in Houston, Texas.

Some of the key players operating in the global pest control service market are Ecolab Inc., Rollins Inc., Massey Services Inc., Arrow Exterminators Company, Bugmaster Exterminators, Dodson Brothers Exterminating Company, Terminix pest control Company, Anticimex, and Rentokil Initial.

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