As per this study the Global Pest Control Market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%.
Pest control is the process of regulating or inhibiting the growth of various pest types including bugs, insects, rodents, and termites by using organic or chemical pesticides and even by sticky traps. It is used to prevent and even eradicate the infections occurred due to presence of pest at residential apartment, commercial building or even agricultural land.
The market is growing on account of rising demand from agriculture, residential and commercial sectors. The changing climate conditions resulting into rise in multiplication rate of pests is generating high demand for pest control. Rise in awareness regarding pest control along with growing pest intolerance is further boosting the market growth. On the contrary, rising concerns regarding toxicity level of the pesticides may hinder the growth of this market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of pest control.
The broad pest control market has been sub-grouped into type, application and pest type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Chemical Control
- Mechanical Control
- Biological Control
By Pest Type
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for pest control in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Pest Control Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the pest control market include BASF SE, Bayer AG, DOW Chemical Company, Ecolab, FMC Corporation, Rentokil Initial PLC, Rollins, Inc., Syngenta AG and Terminix International Company, L.P among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.