Global Pest Control Market Data Forecast 2024 - 2033
1 May, 2024
The pest control market has witnessed robust growth, increasing from $22.91 billion in 2023 to $24.94 billion in 2024, reflecting a CAGR of 8.8% during the historical period. This growth is attributed to health concerns related to pests, agricultural protection, and urbanization. Looking forward to 2028, the market is expected to continue its strong growth, reaching $34.53 billion with a CAGR of 8.5%. Anticipated drivers include the adoption of sustainable pest control methods, digital monitoring, and the expansion of integrated pest management. Major trends in the forecast period encompass remote pest control services, AI-driven pest prediction, and the emphasis on reducing pesticide use.
Major Driver In The Pest Control Market
The pest control market is positioned for expansion owing to the escalating pace of urbanization worldwide, with over half of the global populace currently residing in urban areas, projected to surge to 6 billion by 204The rapid urbanization trend serves as a pivotal driver for the pest control market, shaping its trajectory in 2023, 2024, and 2028.
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Asante Inc., Bayer AG, Cleankill Pest Control, Dodson Pest Control Inc., Eco Environmental Services Ltd., Lindsey Pest Services, NBC Environment, Rentokil Initial plc, Rollins Inc., ServiceMaster Global Holdings Inc., Syngenta Crop Protection LLC, Terminix Sis India Pvt Ltd., Truly Nolen Pest Control, Adama Ltd., Atalian Servest Co., Bell Laboratories Inc., JG Pest Control, Massey Services Inc., PelGar International Ltd., Ecolab Inc., Anticimex International AB, Arrow Exterminators Inc., Clark Pest Control, Presto-X Pest Control, JP McHale Pest Management Inc., Western Exterminator Co. Inc., Rose Pest Solutions, ABC Home & Commercial Services, J.C. Ehrlich, Plunkett's Pest Control
Key Pest Control Market Trend
Technological advancements in the pest control market are focused on environmentally friendly solutions like Bayer AG's Vynyty Citrus, a crop protection product based on pheromones and biology, aimed at controlling pests in citrus farms without harming the environment.
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Pest Control Market Segmentation
The global pest control market covered in this report is segmented –
1) By Pest Type: Insects, Termites, Rodents, Wildlife
2) By Control Method: Chemical, Mechanical, Biological
3) By Mode of Application: Powder, Sprays, Pellets, Traps, Baits
4) By Application: Commercial, Residential, Agriculture, Industrial
By Geography:The regions covered in the pest control market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the pest control market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Pest Control Global Market Report 2024 furnishes information about the global pest control market, encompassing details like market size, projections for growth, segmentation across various sectors and regions, and an overview of competitors, including their revenues, profiles, and market shares. Furthermore, the report pinpoints potential opportunities and strategic directions derived from market trends and the strategies adopted by key competitors. The report also offers an assessment of how the COVID-19 pandemic, the Russia-Ukraine conflict, and increasing inflation have affected both global and regional markets, furnishing valuable strategic insights for businesses.