The global pest control market size is projected to reach $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 pest control industry plays a crucial role in managing and mitigating the impact of various pests on human health, agriculture, and property. This sector encompasses a range of services aimed at identifying, controlling, and preventing the infestation of pests such as insects, rodents, birds, and other unwanted organisms.
Key Components of the Pest Control Industry:
Here are some of the key components of the pest control industry.
Residential Pest Control:
- Homeowners often seek pest control services to protect their homes from common pests like ants, termites, rodents, bedbugs, and cockroaches.
- Integrated Pest Management (IPM) is a popular approach, combining chemical and non-chemical methods to address pest issues while minimizing environmental impact.
Commercial Pest Control:
- Businesses across various industries, including hospitality, food service, healthcare, and retail, rely on pest control services to maintain a clean and safe environment for customers and employees.
- Regular inspections and preventive measures are commonly employed to ensure ongoing pest management in commercial settings.
Agricultural Pest Control:
- Agriculture faces significant challenges from pests that can damage crops and reduce yields. Pesticides, biological control methods, and crop rotation are employed to protect crops from insects, fungi, and other harmful organisms.
- Sustainable practices are gaining importance, emphasizing the need to balance pest control with environmental considerations.
Public Health Pest Control:
- Controlling pests that pose health risks is a critical aspect of pest management. Mosquitoes, ticks, and rodents can transmit diseases, making their control essential to public health.
- Public health agencies often collaborate with pest control companies to address vector-borne diseases.
Termite Control:
- Termites pose a significant threat to buildings and structures, causing extensive damage to wood and other materials. The pest control industry provides preventive and remedial solutions to protect properties from termite infestations.
Emerging Technologies:
- Advancements in technology, such as the use of sensors, data analytics, and remote monitoring, are becoming increasingly integrated into pest control practices. Smart pest control solutions enhance efficiency and provide more targeted interventions.
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North America is expected to have the largest market share during the forecast period.
The market for pest control is growing in North America owing to the widening scope of applications in not only residential or commercial but also in livestock and for industrial purposes, such as in the food and pharmaceutical industries. The pest control market in North America is experiencing notable growth owing to a convergence of factors. Moreover, there are numerous companies in North America providing pest control products and services. Apart from major players, there are many local players in the market. The presence of numerous pest control companies in the region also indicates that there is high demand for the pest control management. Stringent regulations in industries such as food safety and hospitality further bolster the market's expansion. Innovations in pest control technologies, including eco-friendly solutions and integrated approaches, enhance efficacy and appeal to environmentally conscious consumers.
The key players in this include 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), and Fort Products Limited (UK).
