Global Pest Control Product and Services Market is Expected to Thrive at a CAGR of 5.1% by 2023

in #consumer-goods6 years ago

A recent report by KD market insights titled as "Pest Control Product and Services Market - By Product Type (Chemical, Mechanical, Biological, Others), By Services (Ant Control, Bedbug Control, Beetle Control, Bird Control, Cockroaches Control, Mosquitoes & Flies Control, Rat and Rodent Control, Termite Control, Other Services), By Application (Residential, Commercial, Industrial, Agricultural, Others) & Global Region - Market Size, Share, Trends and Forecast 2018-2023" provides the key trends, opportunities and challenges market will face in the forecasted period of 6 years i.e. 2018-2023. The study also provides the Pest Control Product and Services Market competitors share and region wise analysis around the globe.

Global pest control product and services market accounted for USD 16,983.5 million in 2017 and is estimated to reach USD 26,468.8 million in 2023, registering a compound annual growth rate (CAGR) of 5.1% between 2017 and 2023.

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Growth Drivers & Barriers

Factors such as rising awareness regarding health and hygiene, growing congestion in urban areas are driving the growth of pest control product and services market. Further, increasing concerns regarding the ill effects of pest is also anticipated to supplement the growth of the market during the forecast period. Further, favorable policies of hospitality sector such as zero tolerance towards pest is impelling the growth of market.

Pest control products is witnessing augmented demand for agriculture. Farmers are adopting pest control products in order to increase the crop yield. This factor is believed to impel the growth of the market. Further, implementation of regulations requiring pest control in commercial buildings is likely to fuel the demand for pest control in the years ahead.

Regional Outlook:

In the terms of geography, the pest control product and services market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, North America is slated to account for highest percentage of market share in overall pest control product and services market during the forecast period. Asia Pacific pest control product and services market accounted for second position in overall pest control product and services market in 2017.

Segmentation

The research offers a comprehensive analysis of pest control product and services market with respect to following sub-markets

By Product Type

  • Chemical

      • Insecticides
      • Rodenticides
      • Other Chemical Products
  • Mechanical

  • Biological

  • Others

By Services

- Ant Control

  • Bedbug Control

  • Beetle Control

  • Bird Control

  • Cockroaches Control

  • Mosquitoes & Flies Control

  • Rat and Rodent Control

  • Termite Control

  • Other Services

By Application

  • Residential

  • Commercial

  • Industrial

  • Agricultural

  • Others

By Geography

  • North America (U.S. & Canada)

  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)

  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as

  • Ecolab, Inc.

  • Rollins, Inc.

  • Rentokil Initial Plc.

  • Massey Services Inc.

  • Arrow Exterminators Inc.

  • Sanix Incorporated

  • Asante Inc.

  • Dodson Brothers Exterminating Company Incorporated

  • Target Specialty Products

  • Pelsis Ltd.

  • Killgerm Ltd.

  • Others Major and Niche Key Players

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Table of Contents@

Research Methodology

Market Definition and List of Abbreviations

  1. Executive Summary

  2. Growth Drivers & Barriers in Global Pest Control Product and Services Market

  3. Global Pest Control Product and Services Market Trends

  4. Opportunities in Global Pest Control Product and Services Market

  5. Recent Industry Activities, 2018

  6. Porter's Five Forces Analysis

  7. Global Pest Control Product and Services Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8. Global Pest Control Product and Services Market Segmentation Analysis, By Product Type

8.1. Introduction

8.2. Market Attractiveness, By Product Type

8.3. BPS Analysis, By Product Type

8.4. Chemical Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.4.1. Insecticides Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.4.2. Rodenticides Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.4.3. Other Chemical Products Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.5. Mechanical Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.6. Biological Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

8.7. Others Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9. Global Pest Control Product and Services Market Segmentation Analysis, By Services

9.1. Introduction

9.2. Market Attractiveness, By Services

9.3. BPS Analysis, By Services

9.4. Ant Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.5. Bedbug Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.6. Beetle Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.7. Bird Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.8. Cockroaches Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.9. Mosquitoes & Flies Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.10. Rat and Rodent Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.11. Termite Control Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

9.12. Other Services Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2017-2023

Continue…

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