Abstract
Summary
According to MarketsandMarkets, the pest control market is projected to reach USD 32.8 billion by 2028 from an estimated 24.9 billion in 2023, at a CAGR of 5.7% during the forecast period in terms of value. The interconnected nature of the global economy and the movement of goods across borders has facilitated the spread of pests to new regions. This phenomenon has led to the need for comprehensive pest management strategies to prevent the introduction and establishment of invasive species. Changing climate patterns can influence pest behaviors, distribution, and population dynamics. As pests adapt to new conditions, they can become more resilient and challenging to control. Thus, there is a growing demand for pest control management products and services.
"By application segment, the residential segment is projected to have a high growth rate during the forecast period."
The expansion of residential applications in the pest control market can be attributed to increasing urbanization and rising house density. As urban areas continue to grow and population density increases, residential spaces become more susceptible to pest infestations. Close living quarters and shared amenities can lead to the rapid spread of pests, necessitating effective pest control measures to maintain healthy living conditions, therefore the residential application is expanding across the forecast period.
"By pest type segment, the termite segment will exhibit high demand during the forecast period.”
Globalization and international trade have facilitated the spread of termites to previously unaffected areas, contributing to their expansion. Termites can inadvertently be transported to new regions through the movement of wooden goods, furniture, and other items. Moreover, rising construction in urban areas has also made environments conducive to the proliferation of termites. Thus, the pest control products for termite pest types are anticipated to grow during the forecast period.
"By mode of application, traps are projected to have high demand during the forecast period.”
Due to its effectiveness and convenience, the market for pest control is seeing a surge in demand for traps. The trap segment of the pest control market is growing due to its effectiveness in monitoring and controlling pests. Traps also provide a targeted and eco-friendly approach to pest management, reducing the reliance on chemicals and promoting sustainable pest management practices.
“By control method segment, software, and services are projected to have high growth rate during the forecast period.”
The software & services segment plays an integral part in digital pest control solutions while implementing platforms and executing activities related to them. Additionally, various companies are also utilizing advanced technologies and integrating those technologies with pest control management. The software and services offered by the companies help in enhanced monitoring and early detection of pest infestation, remote management of pests, and various other advantages.
“Asia Pacific will significantly contribute towards market growth during the forecast period.”
In Asia Pacific, the market for pest control is expanding for several reasons, including rapid urbanization in Asian countries intensifies, the demand for pest control services rising to combat the resulting infestations. Additionally, climate diversity from tropical to temperate in the Asia Pacific allows for the proliferation of various pest species. Therefore, as pests adapt to changing conditions, the need for effective pest management strategies increases.
Break-up of Primaries:
By Company Type: Tier1-65%, Tier 2-25%, Tier 3- 10%
By Designation: C-level -20%, D- level – 40%, and Others - 40%
By Region: Europe - 12%, Asia Pacific – 46%, North America - 19%, RoW – 12%, South America-11%
Leading players profiled in this report:
• Bayer AG (Germany)
• Corteva Agriscience (US)
• BASF SE (Germany)
• Sumitomo Chemical Co. Ltd. (Japan)
• Syngenta AG (Switzerland), Rentokil Initial plc (UK)
• Anticimex (Sweden)
• Rollins, Inc. (US)
• ATGC Biotech Pvt Ltd. (India)
• Ecolab Inc. (US)
• FMC Corporation (US)
• De Sangosse (France)
• Bell Laboratories (US)
• PelGar International (UK)
• Fort Products Limited (UK)
The study includes an in-depth competitive analysis of these key players in the pest control market with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the pest control market by pest type, application, mode of application, control method, and by region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global pest control market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall pest control market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Increase in instances of vector-borne disease outbreaks to encourage public health initiatives), restraints (High registration costs and interminable time for product approval), opportunities (Emergence of biological pest control solutions), and challenges (Growth in pest resistance against chemical compounds) influencing the growth of the pest control market.
• Product Development/production: Detailed insights on research & development activities, and new product & service launches in the pest control market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the pest control market across varied regions.
• Market Diversification: Exhaustive information about new services, untapped geographies, recent developments, and investments in the pest control market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players include Bayer AG (Germany), Corteva Agriscience (US), BASF SE (Germany), Sumitomo Chemical Co. Ltd. (Japan), and Syngenta AG (Switzerland), are among others in the pest control market strategies. The report also helps stakeholders understand the pest control service market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 36
1.1 STUDY OBJECTIVES 36
1.2 MARKET DEFINITION 36
1.3 STUDY SCOPE 37
1.3.1 REGIONS COVERED 37
1.3.2 INCLUSIONS & EXCLUSIONS 38
1.3.3 YEARS CONSIDERED 39
1.4 CURRENCY CONSIDERED 39
1.5 UNIT CONSIDERED 40
1.6 STAKEHOLDERS 40
1.7 SUMMARY OF CHANGES 40
1.7.1 RECESSION IMPACT ANALYSIS 41
2 RESEARCH METHODOLOGY 42
2.1 RESEARCH DATA 42
2.1.1 SECONDARY DATA 43
- 2.1.1.1 Key data from secondary sources 43
2.1.2 PRIMARY DATA 43
- 2.1.2.1 Key industry insights 44
- 2.1.2.2 Breakdown of primary interviews 44
2.2 MARKET SIZE ESTIMATION 45
2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 46
2.2.2 DEMAND SIDE 47
2.2.3 SUPPLY SIDE 47
2.2.4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 48
2.3 GROWTH RATE FORECAST ASSUMPTIONS 49
2.4 DATA TRIANGULATION 50
2.5 RESEARCH ASSUMPTIONS 51
2.6 MACROINDICATORS OF RECESSION 52
3 EXECUTIVE SUMMARY 57
4 PREMIUM INSIGHTS 62
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PEST CONTROL MARKET 62
4.2 PEST CONTROL MARKET: GROWTH RATE OF MAJOR REGIONAL SUBMARKETS 63
4.3 NORTH AMERICA: PEST CONTROL MARKET, BY APPLICATION & COUNTRY 64
4.4 PEST CONTROL MARKET, BY PEST TYPE, 2023 VS. 2028 65
5 MARKET OVERVIEW 67
5.1 INTRODUCTION 67
5.2 MACROECONOMIC INDICATORS 67
5.2.1 INCREASING POPULATION DENSITY 67
5.2.2 EFFECTS OF RAPID URBANIZATION ON PEST POPULATION 69
5.2.3 GROWTH OPPORTUNITIES IN ASIA PACIFIC AND SOUTH AMERICA 70
5.3 MARKET DYNAMICS 72
5.3.1 DRIVERS 72
- 5.3.1.1 Increasing instances of vector-borne disease outbreaks to encourage public health initiatives 72
- 5.3.1.2 Impact of climate change on pest proliferation 74
- 5.3.1.3 Rising adoption of digital applications and technology 75
5.3.2 RESTRAINTS 76
- 5.3.2.1 High registration costs and interminable time for product approval 76
5.3.3 OPPORTUNITIES 76
- 5.3.3.1 Emergence of biological pest control solutions 76
- 5.3.3.2 Increasing usage of Artificial Intelligence (AI) in pest control 77
5.3.4 CHALLENGES 77
- 5.3.4.1 Growth in pest resistance against chemical compounds 77
6 INDUSTRY TRENDS 78
6.1 INTRODUCTION 78
6.2 SUPPLY CHAIN ANALYSIS 78
6.2.1 PEST CONTROL MANUFACTURERS 78
6.2.2 RESEARCH & TESTING 79
6.2.3 MANUFACTURING 79
6.2.4 PACKAGING 79
6.2.5 DISTRIBUTION, MARKETING, AND SALES 79
6.2.6 PEST CONTROL SOFTWARE & SERVICE PROVIDERS 80
6.2.7 RESEARCH & PRODUCT DEVELOPMENT 80
6.2.8 RAW MATERIALS & MANUFACTURING 80
6.2.9 ASSEMBLY 81
6.3 TECHNOLOGY ANALYSIS 81
6.3.1 INTERNET OF THINGS (IOT) 81
6.3.2 CRISPR 81
6.3.3 ARTIFICIAL INTELLIGENCE (AI) 81
6.4 IOT ADOPTION IN ASIA PACIFIC 82
6.5 BUYING BEHAVIOR ON SOCIAL MEDIA OF SMALL- AND MEDIUM-SIZED PEST CONTROL COMPANIES IN ASIA PACIFIC 84
6.6 AVERAGE SELLING PRICE TREND 85
6.7 ECOSYSTEM ANALYSIS 85
6.7.1 MANUFACTURERS 87
6.7.2 SOFTWARE & SERVICE PROVIDERS 87
6.7.3 END-USER COMPANIES 87
6.7.4 VALUE-ADDED SERVICE PROVIDERS 87
6.8 TRENDS/DISRUPTIONS IMPACTING BUYERS 88
6.9 PORTER’S FIVE FORCES ANALYSIS 89
6.9.1 PEST CONTROL MARKET: PORTER’S FIVE FORCES ANALYSIS 89
6.9.2 THREAT OF NEW ENTRANTS 89
6.9.3 THREAT OF SUBSTITUTES 89
6.9.4 BARGAINING POWER OF SUPPLIERS 90
6.9.5 BARGAINING POWER OF BUYERS 90
6.9.6 INTENSITY OF COMPETITIVE RIVALRY 90
6.10 PATENT ANALYSIS 91
6.11 CASE STUDY ANALYSIS 93
6.11.1 USE CASE 1: ANTICIMEX’S IOT SOLUTION HELPED CREATE DIGITAL CONNECTED TRAPS 93
6.11.2 USE CASE 2: RENTOKIL USED IOT SOLUTIONS TO INCREASE ITS CUSTOMER BASE AND IMPROVE CUSTOMER RETENTION 93
6.12 REGULATORY FRAMEWORK 94
6.12.1 NORTH AMERICA 94
- 6.12.1.1 US 94
- 6.12.1.2 Canada 97
6.12.2 EUROPE 100
- 6.12.2.1 Confederation of European Pest Management Association (CEPA) 101
- 6.12.2.2 European Food Safety Authority (EFSA) 101
- 6.12.2.3 European Committee for Standardization (CEN) 101
- 6.12.2.4 Biocidal Product Regulation (BPR) 101
- 6.12.2.5 Commission Implementing Regulation (EU) 2017/1376 101
- 6.12.2.6 UK 101
6.12.3 ASIA PACIFIC 102
- 6.12.3.1 India 102
- 6.12.3.1.1 Insecticides Act 102
- 6.12.3.1.2 Central Insecticides Board (CIB) 102
- 6.12.3.1.3 Insecticides Rules 103
- 6.12.3.1.4 Pesticide Management Bill 103
- 6.12.3.2 China 103
- 6.12.3.2.1 New chemical substance notification in china 104
- 6.12.3.2.2 Standardization administration of china (SAC) 104
- 6.12.3.2.3 Regulation pesticide administration (RPA) 104
- 6.12.3.3 Australia 104
- 6.12.3.1 India 102
6.12.4 SOUTH AMERICA 105
- 6.12.4.1 Brazil 105
- 6.12.4.2 Argentina 105
6.12.5 REST OF THE WORLD 105
- 6.12.5.1 South Africa 105
- 6.12.5.2 UAE 105
7 PEST CONTROL MARKET, BY APPLICATION 106
7.1 INTRODUCTION 107
7.2 COMMERCIAL 109
7.2.1 STRONG GOVERNMENT REGULATIONS AND HYGIENE REQUIREMENTS TO DRIVE MARKET 109
7.3 RESIDENTIAL 110
7.3.1 RISING CONSUMER AWARENESS AND URBAN LIFESTYLE TO PROPEL MARKET 110
7.4 LIVESTOCK 111
7.4.1 NEED FOR PRECAUTIONARY MEASURES TO PREVENT DISEASES TO STRENGTHEN MARKET 111
7.5 INDUSTRIAL 113
7.5.1 ADOPTION OF REGIONAL LAWS PERTAINING TO HYGIENIC WORK ENVIRONMENT TO DRIVE MARKET EXPANSION 113
7.6 OTHER APPLICATIONS 114
8 PEST CONTROL MARKET, BY MODE OF APPLICATION 116
8.1 INTRODUCTION 117
8.2 POWDER 119
8.2.1 INCREASED DEMAND FOR POWDER APPLICATIONS TO DRIVE MARKET 119
8.3 SPRAYS 121
8.3.1 HIGH DEMAND FOR LIQUID FORMULATIONS TO PROPEL DEMAND FOR SPRAY APPLICATIONS 121
8.4 PELLETS 123
8.4.1 INCREASING USE OF PELLETS IN URBAN AREAS FOR WILDLIFE CONTROL TO BOOST MARKET 123
8.5 TRAPS 125
8.5.1 NEED FOR INNOVATIVE TOOLS TO IMPROVE AGRICULTURE TO DRIVE MARKET 125
8.6 BAITS 127
8.6.1 INCREASING PRESENCE OF RODENTS AND TERMITES CONTROL TO DRIVE DEMAND FOR BAITS 127
9 PEST CONTROL MARKET, BY PEST TYPE 129
9.1 INTRODUCTION 130
9.2 INSECTS 131
9.2.1 CLIMATE CHANGE AND INCREASED URBANIZATION TO BOLSTER GROWTH 131
9.3 RODENTS 135
9.3.1 LACK OF HYGIENE AND WASTE MANAGEMENT ISSUES TO INCREASE RODENT POPULATION IN URBAN AREAS 135
9.4 TERMITES 137
9.4.1 ADOPTION OF NEW TECHNOLOGIES TO BOLSTER GROWTH IN TERMITE CONTROL SOLUTIONS 137
9.5 WILDLIFE 138
9.5.1 INCREASED SUBURBAN ACTIVITY AND WILDLIFE HABITAT DESTRUCTION TO LEAD TO INCREASED DEMAND FOR WILDLIFE PEST CONTROL 138
9.6 OTHER PEST TYPES 139
10 PEST CONTROL MARKET, BY CONTROL METHOD 141
10.1 INTRODUCTION 142
10.2 CHEMICAL 143
10.2.1 INCREASING PEST-CAUSING DISEASES TO DRIVE DEMAND FOR CHEMICAL CONTROL METHODS 143
10.2.2 INSECTICIDES 145
10.2.3 RODENTICIDES 145
10.2.4 OTHER CHEMICALS 146
10.3 MECHANICAL 147
10.3.1 DEMAND FOR ADVANCED MECHANICAL CONTROL METHODS TO PREVENT PEST-CAUSING DISEASES TO SPUR MARKET 147
10.3.2 TRAPPING 148
- 10.3.2.1 Light traps 149
- 10.3.2.2 Adhesive traps 149
- 10.3.2.3 Malaise traps 149
10.3.3 MESH SCREENS 150
10.3.4 ULTRASONIC VIBRATIONS 150
10.4 BIOLOGICAL 150
10.4.1 NEED FOR BIOLOGICAL CONTROL METHODS TO PREVENT PEST-CAUSING DISEASES TO DRIVE MARKET 150
10.4.2 MICROBIALS 152
10.4.3 PLANT EXTRACTS 152
10.4.4 PREDATORY INSECTS 152
10.5 SOFTWARE & SERVICES 153
10.5.1 INCREASING TECHNOLOGICAL ADVANCEMENTS IN SOFTWARE & SERVICES TO DRIVE GROWTH 153
11 PEST CONTROL MARKET, BY REGION 154
11.1 INTRODUCTION 155
11.2 NORTH AMERICA 156
11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 157
- 11.2.1.1 US 163
- 11.2.1.1.1 Presence of strong service providers and pesticide suppliers in US to drive market 163
- 11.2.1.2 Canada 165
- 11.2.1.2.1 Increasing demand for rodent and wildlife control methods to contribute to market growth 165
- 11.2.1.3 Mexico 168
- 11.2.1.3.1 Rising temperatures and urbanization to drive growth 168
- 11.2.1.1 US 163
11.3 EUROPE 170
11.3.1 EUROPE: RECESSION IMPACT ANALYSIS 171
- 11.3.1.1 Germany 176
- 11.3.1.1.1 Focus on strong government initiatives to control pest infestation to drive market 176
- 11.3.1.2 France 178
- 11.3.1.2.1 Taking initiatives to combat rodent infestations to bolster growth 178
- 11.3.1.3 UK 181
- 11.3.1.3.1 Increasing hygiene standards and growing health consciousness among consumers to propel market 181
- 11.3.1.4 Spain 183
- 11.3.1.4.1 Increasing insect population due to temperature rise in Spain to foster growth 183
- 11.3.1.5 Italy 185
- 11.3.1.5.1 Growing construction to minimize pest entry to boost market 185
- 11.3.1.6 Rest of Europe 187
- 11.3.1.1 Germany 176
11.4 ASIA PACIFIC 189
11.4.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 190
- 11.4.1.1 China 195
- 11.4.1.1.1 Need for infrastructure development and urbanization to bolster growth 195
- 11.4.1.2 India 198
- 11.4.1.2.1 Focus on increasing disease outbreaks and strong government policies to drive market 198
- 11.4.1.3 Australia 200
- 11.4.1.3.1 Growing invasive species and delicate ecosystems to strengthen market 200
- 11.4.1.4 Japan 202
- 11.4.1.4.1 Increased habitat destruction and urban activities to boost growth 202
- 11.4.1.5 Rest of Asia Pacific 204
- 11.4.1.1 China 195
11.5 SOUTH AMERICA 206
11.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 207
- 11.5.1.1 Brazil 212
- 11.5.1.1.1 High rates of urbanization and habitat destruction to foster market growth 212
- 11.5.1.2 Argentina 214
- 11.5.1.2.1 Rising disease outbreaks and rodent population to foster growth 214
- 11.5.1.3 Rest of South America 216
- 11.5.1.1 Brazil 212
11.6 REST OF THE WORLD (ROW) 218
11.6.1 ROW: RECESSION IMPACT ANALYSIS 218
- 11.6.1.1 Middle East 223
- 11.6.1.1.1 Focus on government initiatives and outreach programs to control pest infestation to drive growth 223
- 11.6.1.2 Africa 225
- 11.6.1.2.1 Growing locusts attacks and associated losses to drive market 225
- 11.6.1.1 Middle East 223
12 COMPETITIVE LANDSCAPE 228
12.1 OVERVIEW 228
12.2 MARKET SHARE ANALYSIS, 2022 228
12.3 STRATEGIES ADOPTED BY KEY PLAYERS 230
12.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 231
12.5 COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2022 232
12.5.1 STARS 232
12.5.2 EMERGING LEADERS 232
12.5.3 PERVASIVE PLAYERS 232
12.5.4 PARTICIPANTS 233
12.5.5 PRODUCT FOOTPRINT 234
12.6 COMPANY EVALUATION MATRIX FOR STARTUPS/SMES, 2022 238
12.6.1 PROGRESSIVE COMPANIES 238
12.6.2 STARTING BLOCKS 238
12.6.3 RESPONSIVE COMPANIES 238
12.6.4 DYNAMIC COMPANIES 238
12.6.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 240
12.7 COMPETITIVE SCENARIO 242
12.7.1 PRODUCT LAUNCHES 242
12.7.2 DEALS 245
12.7.3 OTHERS 251
13 COMPANY PROFILES 252
13.1 KEY PLAYERS (MANUFACTURERS & SERVICE PROVIDERS) 252
13.1.1 BAYER AG 252
13.1.2 CORTEVA AGRISCIENCE 258
13.1.3 BASF 264
13.1.4 SUMITOMO CHEMICAL CO. LTD 270
13.1.5 SYNGENTA AG 275
13.1.6 RENTOKIL INITIAL PLC 280
13.1.7 ANTICIMEX 284
13.1.8 ROLLINS, INC 287
13.1.9 ATGC BIOTECH PVT. LTD 291
13.1.10 ECOLAB INC 293
13.1.11 FMC CORPORATION 296
13.1.12 DE SANGOSSE 301
13.1.13 BELL LABORATORIES INC 303
13.1.14 PELGAR INTERNATIONAL 307
13.1.15 FORT PRODUCTS LIMITED 309
13.2 OTHER PLAYERS (MANUFACTURERS & SERVICE PROVIDERS) 311
13.2.1 JT EATON & C0. INC 311
13.2.2 BRANDENBURG 313
13.2.3 GHARDA CHEMICALS LIMITED 315
13.2.4 WOODSTREAM CORPORATION 317
13.2.5 V3 SMART TECHNOLOGIES 319
13.2.6 CHEMRON 320
13.2.7 GAIAGEN TECHNOLOGIES PRIVATE LIMITED 320
13.2.8 AGRI PHERO SOLUTIONZ 322
13.2.9 GREENZONE 322
13.2.10 SHREE PESTICIDE PVT LTD 323
14 ADJACENT & RELATED MARKETS 324
14.1 INTRODUCTION 324
14.2 INSECT PEST CONTROL MARKET 324
14.2.1 LIMITATIONS 324
14.2.2 MARKET DEFINITION 324
14.2.3 MARKET OVERVIEW 324
14.2.4 INSECT PEST CONTROL MARKET, BY INSECT TYPE 325
14.2.5 INSECT PEST CONTROL MARKET, BY REGION 326
14.3 RODENTICIDES MARKET 326
14.3.1 LIMITATIONS 327
14.3.2 MARKET DEFINITION 327
14.3.3 MARKET OVERVIEW 327
14.3.4 RODENTICIDES MARKET, BY TYPE 327
14.3.5 RODENTICIDES MARKET, BY REGION 328
15 APPENDIX 330
15.1 DISCUSSION GUIDE 330
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 335
15.3 CUSTOMIZATION OPTIONS 337
15.4 RELATED REPORTS 337
15.5 AUTHOR DETAILS 338