Pest Control Products and Services Market 2017–2027
Pest control is a technique of managing and destroying different species that are harmful to human lives and the environment. Pest control products are used to kill insects such as termites, bedbugs, ants, cockroaches, and few reptiles which affect the day-to-day life activities of humans. Pest control is important to maintain cleanliness and hygiene in order to prevent various diseases caused by the pest. Pest control products can be classified into insecticides, rodenticides, other chemical, and mechanical. On the basis of service type, it can be classified into chemical control services, organic control services, synthetic control services, and mechanical control services. Some of the key end-user of pest control products and services are agricultural, commercial, industrial, and residential.
The global pest control products and services market is projected to surpass US$ 30 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.2% during the forecast period (2019 to 2027).
Rising awareness regarding the health and hygiene of consumers across developing countries from residential as well as commercial sectors is expected to propel the market growth of pest control products and services. Moreover, increasing vector-borne diseases and infections around the globe are also raising the demand for pest control products which in turn is expected to augment the market growth of pest control products and services.
Increasing usage of pest control products from various industries especially food and beverage in order to destroy pests and maintain hygiene is expected to propel the market growth of pest control products and services. Various pest control service providers are also offering pest control audits that meet the standard of maintaining hygienic and cleanliness across the industry. Hence, rising industrial application of pest control is expected to augment market growth.
Regionally, North America dominated the global pest control products and services market in 2018, reporting 47% market share in terms of revenue, followed by Europe and Asia-Pacific, respectively.
Figure 1. Global Pest Control Products and Services Market, Revenue Share (%), By Region, 2018
Toxicity and associated health issues with the increasing level of pesticides are projected to restrict the market growth of pest control products and services. Rising preference for less hazardous pesticides especially in the agricultural sector and food industry is expected to hinder the market growth. High exposure of pesticides may have an adverse impact on the health of humans as well as the environment and this factor is hindering the market growth.
Another major disadvantage of chemical pests control is non-target effects and toxicity is expected to curb the market growth of pest control product and services. Certain chemicals also kill beneficial insects such as bees and natural predators. Moreover, if pesticides are misused or mishandled, it can intoxicate and kill a human as well. Hence, these factors are expected to restrict the market growth of pest control products and services.
Pest control products and services markets have significant growth opportunities untapped rural markets around the globe. The rural markets, especially in Africa and Asia region, have lucrative growth potential and this factor is expected to propel the market growth of Pest control products and services. As pest control manufacturer could introduce cost-effective pest control products and services in peak seasons in order to expand their presence in rural markets.
Rising demand for pest control services to prevent mosquito growth especially in the U.S., Canada, and Brazil due to the outbreak of the Zika virus is expected to propel the market growth. According to the Coherent Market Insights, in 2016, small-medium pest control companies such as Mosquito Joe franchise and Mosquito Squad franchise in Texas, U.S., have witnessed a substantial increase in a number of mosquito pest control service requests.
Figure 2. Global Pest Control Products and Services Market – Opportunity Analysis
The rising trend of using advanced pesticide spraying techniques with greater efficiency and surface-efficacy across the agriculture sector is expected to fuel the market growth of pest control products and services. Another important advanced technique is the electrostatic force field application which helps to gain full coverage of difficult targets compared to conventional spraying techniques. This technique also reduces the environmental impact and wastage due to over-dose and off-target spray drifts.
Rapid of adoption of pest control measures by tenants across certain urban cities owing to rising bedbug infestation is expected to propel the market growth of Pest control products and services. For example, in 2016, tenants of various independent apartments at Long Beach City, New York, reported of bedbug infestation in their apartments, which compelled the housing authorities to spend US$ 50,000 on bedbug extermination and other preventive measures.
In August 2015, the Environmental Protection Agency (EPA), the U.S. federal government agency responsible for protecting human health and the environment, issued a proposal to revise the Certification of Pesticide Applicators rule. The EPA proposed stronger training and certification standards for pesticide applicators who are certified to apply the riskiest pesticides, known as Restricted Use Pesticides (RUPs). Federal regulations require applicators to be certified in order to apply for RUPs. RUPs may also be used only by or under the direct supervision of certified applicators. The proposed changes would help ensure that the riskiest pesticides are used safely.
Figure 3. Global Pest Control Products and Services Market, Revenue Share (%), By End-user, in 2018
On the basis of end-user, in 2018, commercial accounted the largest market share of 39% in terms of revenue, followed by residential and industrial, respectively.
Key players operating in the global pest control products and services market are Ecolab Inc., Rollins Inc., Rentokil Initial Plc., ServiceMaster Company, LLC, Massey Services Inc., Arrow Exterminators Inc., Sanix Incorporated, Asante Inc., Dodson Pest Control, Inc., Target Specialty Products, Pelsis Ltd., Killgerm Ltd., WinField Solutions, LLC, and Univer Inc.
Few Recent Developments
Rentokil Initial Plc.
Pests and insects are known for contaminating the environment and spreading deadly diseases such as hantavirus, rat bite fever, and plague. The most commonly used techniques for controlling the pests include, chemical based repellents, poisoned baits, and traps. Government and non-government organizations are focusing on increasing awareness related to pest control management. For instance, the National Pest Management Association (NPMA), a non-profit trade association founded in 1933, in the U.S, supports the pest management industry's commitment to protect public health, food, and property, by creating hygiene awareness among people.
Among region, North America is expected to observe dominant position in the global pest control products and services market, owing to growing awareness programs related to pest control in the region. The U.S. Environmental Protection Agency (EPA) encourages pest prevention through various awareness programs. Through EPA’s website, it creates awareness among the populous for pest ecology and biology, pest infection and prevention, treatment methods, and it also provides information regarding government initiatives for pest control.
Several emerging economies such as India and China majorly rely on agriculture. According to India Brand Equity foundation report on agriculture and allied services, (December 2019), food grain production in India increased to 283.37 million tons in 2018 from 275.68 million tons in 2017. Use of pest control products and services is necessary to eliminate pests that may hinder agricultural production. Therefore, increasing demand for pest control products and services from agricultural sector is expected to boost the market growth.
Key features of the study:
“*” marked represents similar segmentation in other categories in the respective section.