Pest Control Market Size, Share, and Growth Analysis Through 2032
The global pest control market was valued at USD 19.73 billion in 2019 and is projected to expand to USD 42.79 billion by 2032, reflecting a CAGR of 6.19% during the forecast period. In the United States, the sector is expected to grow significantly,
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Pest Control Market Size, Share, and Growth Analysis Through 2032 The global pest control market was valued at USD 19.73 billion in 2019 and is projected to expand to USD 42.79 billion by 2032, reflecting a CAGR of 6.19% during the forecast period. In the United States, the sector is expected to grow significantly, reaching USD 18.15 billion by 2032, largely driven by the rising preference for advanced, sustainable, and eco-friendly pest management solutions. North America led the market in 2019, accounting for 48.61% of the global share. The worldwide, coupled with climate change and an increasing number of pest-borne diseases, widespread adoption management solutions. Additionally, the expansion of integrated pest management (IPM) practices, the introduction of new IPM programs, rise in pest populations is driving of pest and stronger government support are anticipated to positively influence market growth. The COVID-19 pandemic initially disrupted global industries due to trade suspensions and lockdowns; however, its overall impact on pest management remained moderate. Growing awareness of hygiene and sanitation accelerated the adoption of pest control services during the crisis. For example, in April 2020, Truly Nolen launched its disinfecting and sanitization solution, TRULY Sanitized, to support customers during the pandemic. Information Source: https://www.fortunebusinessinsights.com/pest-control- market-102854 Key Questions Addressed in the Report: How intense is market competition? How will government initiatives supporting IPM drive growth? Which strategies are companies adopting to secure a competitive edge? What has been the effect of COVID-19 on the pest control industry? Drivers & Restraints
Adoption of Pest Control Software to Fuel Market Expansion The increasing prevalence of vector-borne diseases is a key driver of market growth. According to the World Health Organization (WHO), vector-borne illnesses are responsible for around 700,000 deaths annually, representing nearly 17% of all infectious diseases worldwide. This has accelerated demand for pest control methods, including biological, chemical, and mechanical solutions. Rising urbanization, industrialization, and higher hygiene standards linked to new construction projects are also propelling the market forward. On the other hand, strict government regulations imposed by agencies such as the U.S. Environmental Protection Agency (EPA) regarding the use of hazardous pesticides and insecticides pose a restraint, as these chemicals can negatively impact human health and the environment. Nevertheless, growing adoption of pest control software solutions is expected to create lucrative opportunities in the coming years. Market Segmentation Insects Segment to Maintain Dominance By pest type, the insects segment accounted for the largest share of the market in 2019, representing 49.30%. This dominance is attributed to the rapid increase in insect populations in both agricultural and non-agricultural areas. Regional Insights North America Maintains Market Leadership North America emerged as the leading region, generating USD 9.59 billion in 2019, supported by rising awareness of the health and hygiene risks associated with pest infestations. The presence of leading market players and ongoing infrastructure developments across residential and commercial sectors further strengthen the region s dominance. Meanwhile, the Asia Pacific market is expected to record the fastest growth due to rapid urbanization in countries such as China, India, and Malaysia. Increasing consumer spending on pest management solutions and greater awareness of pest-related health hazards are likely to fuel the region s expansion at a robust CAGR during the forecast period. Competitive Landscape Focus on Innovation and Acquisitions to Strengthen Market Position
With more than 40,000 companies offering pest control services and products globally, the industry is highly fragmented. Leading companies such as ServiceMaster, Rollins Inc., and Rentokil continue to expand through acquisitions, partnerships, and product innovations. Key Players in the Global Market Include: ServiceMaster Global Holdings Inc. (U.S.) Bayer AG (Germany) Terminix International Company L.P. (U.S.) Anticimex (Sweden) Rentokil Initial Plc (U.K.) Ecolab Inc. (U.S.) Truly Nolen (U.S.) Rollins Inc. (U.S.) Massey Services Inc. (U.S.) Bell Laboratories (U.S.) Other Vendors Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample- pdf/pest-control-market-102854 Notable Industry Developments: September 2019: ServiceMaster acquired Nomor Holding AB, the world s fourth-largest pest control firm, to strengthen its European portfolio. January 2019: Rentokil purchased Multicontrole Pest Control in Brazil, expanding its footprint across South America.
