December 17, 2021
According to the research report titled ‘Global Pest Control Market (2021 Edition) - Analysis Pest Type (Insect, Termite, Others), Control Method (Chemical, Mechanical, Biological, Others), By Application, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global pest control market was worth USD 20335.23 million in 2020 and is anticipated to garner sizeable returns by the year 2026.
Ever-increasing population, rising economic activities, awareness about insect consequences along with pest intolerance, and upsurge in prevalence of fly-borne diseases due to climate change are the major catalysts for global pest control market growth.
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As per the report, COVID-19 outbreak has positively impacted the industry outlook owing to increased customer focus on averting potential virus encounters, and new product development in air purification areas. Rapid urbanization, along with increasing infrastructural development are bolstering the demand for pest control services.
In terms of application, the market is classified into commercial, residential, and others. On the basis of pest type, worldwide pest control industry is divided into termite, insects, and others. Based on control methods, the market is fragmented into biological method, mechanical method, chemical method, and others. The report thoroughly scrutinizes the aforementioned segments to identify major growth areas, while dispensing information like industry share held, revenue contribution, and growth rate prediction over 2021-2026.
Considering the regional outlook, the market trends are studied across Americas (U.S., Canada, Mexico), Europe (Italy, France, Spain), and Asia Pacific (China, India, Japan, Australia). Among these, Americas held a significant industry share in the recent past.
The key players in global pest control market are Cook's Pest Control, FMC Corporation, Massey Services, Inc., Arrow Exterminators, Inc., Dodson Pest Control, Anticimex, Ecolab, Inc., Terminix Global Holdings, Inc., Rollins, Inc., and Rentokil Initial plc.
Apart from expounding the business profiles and product/service portfolio of these industry giants, the report also focuses of the latest undertakings in the business sphere, such mergers & acquisitions, partnerships & collaborations, and new launches.