Pest Control Global Market Report 2022

Pest Control Global Market Report 2022

  • August 2022 •
  • 175 pages •
  • Report ID: 6313433 •
  • Format: PDF
Major players in the pest control market are Asante Inc., Bayer AG, Cleankill Pest Control, Dodson Pest Control Inc., Eco-Environmental Services Ltd., NBC Environment, Rentokil Initial Plc, Rollins Inc., ServiceMaster Global Holdings Inc., Syngenta Crop Protection LLC, Terminix, Truly Nolen Pest Control, Adamas, Atalian Servest, Bell Laboratories Inc., JG Pest Control, Massey Services Inc., and PelGar International Ltd.

The global pest control market is expected to grow from $19.66 billion in 2021 to $21.11 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The pest control market is expected to grow to $28.88 billion in 2026 at a CAGR of 8.1%.

The pest control market consists of the sales of pest control by entities (organizations, partnerships, and sole proprietors) that is the process of managing (by using deterrents or repellents) or removing pests from the house or place of business.Pest control services include screening and sealing of openings to avoid entry of pests inside the premises.

It has various methods to control or prevent entry and infestation of pests. It helps in reducing illness and risk of harmful diseases and keeps the environment toxin-free.

The main types of pest control are insects, termites, rodents, and wildlife.Insects are any of a group of arthropods (such as bugs or bees) having a distinct head, thorax, and abdomen, only three pairs of legs, and usually one or two pairs of wings (Insecta).

They are controlled by chemical, mechanical, and biological methods with applications in powder, sprays, pellets, traps, and baits. They have applications in various industries such as commercial, residential, agriculture, and industrial.

North America was the largest region in the pest control market in 2021.Asia Pacific is expected to be the fastest-growing region in the forecast period.

The regions covered in the pest control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The pest control market research report is one of a series of new reports that provides pest control market statistics, including pest control industry global market size, regional shares, competitors with a pest control market share, detailed pest control market segments, market trends and opportunities, and any further data you may need to thrive in the pest control industry. This pest control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Favorable government initiatives to promote the use of bio-based pesticides are driving the demand for the pest control market.Bio-based pesticides are living organisms or natural products that control agricultural pests including bacteria, fungi, weeds, viruses, and insects.

Bio-based pesticides are used in agriculture pest control techniques and the subsequent integration of appropriate measures that lead to more natural alternatives to chemical pesticides that are eco-friendly and safer.For instance, in March 2020, Central Insecticide Board and Registration Committee formulated simplified guidelines for the registration of biopesticides as compared to chemical pesticides.

The government of India launched ParamparagatKrishiVikasYojana (PKVY), Mission Organic Value Chain Development for North Eastern Region (MOVCDNER), and Capital Investment Subsidy Scheme (CISS) schemes for sustainable agriculture production to promote organic inputs and chemical-free products to improve the health of the people. Therefore, the favorable government initiatives to promote the use of bio-based pesticides, which in turn is expected to drive the growth of the pest control market.

Technological advancement are shaping the pest control market.Certain technologies will prevent or reduce the impact on nature.

These will include the destruction of crops humans and scheduled planting operations.In August 2019, a group of Stevens Institute of Technology, a US-based private research university, launched AI-Driven Sensing which combines high vibration sensors and artificial intelligence setting a new standard in innovative pest control to root out the dangerous pests hidden inside trees.

This will help in reducing forest pest damage. The launch of new technology is a result of an ongoing commitment to investing in the long-term development of innovative and effective solutions that decrease pest damage in an environmentally sustainable and responsible way.

In January 2022, Pelsis Group is a UK-based global pest control technology company announced the acquisition of Brandenburg. for undisclosed amounts. Due to this acquisition, Brandenburg. will become part of Pelsis Group and works under Pelsis group. With this acquisition, Pelsis Group will enhance levels of product innovation, service, and support. Brandenburg is a US-based company that is known as a leading manufacturer of flying and biting insect control systems, producing products and technologies with vertically integrated manufacturing and in-house facilities in pest control.

The countries covered in the pest control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.