Overview and Scope
Extermination is concerned with eradicating the immediate pest infestation by killing the pests, whereas pest control is concerned with not only eliminating the current pest infestation but also preventing re-infestation. It is used to manage a wide range of pests and disease vectors, including mosquitoes, ticks, rats, and mice.
Sizing and Forecast
The exterminating and pest control services market size has grown strongly in recent years. It will grow from $81.44 billion in 2023 to $87.67 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to health and safety concerns, regulatory compliance, urbanization and population density, food safety standards, climate conditions..
The exterminating and pest control services market size is expected to see strong growth in the next few years. It will grow to $116.74 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to eco-friendly pest control methods, globalization of food supply chains, integrated pest management (ipm), rising consumer expectations, advancements in pest control technologies.. Major trends in the forecast period include focus on education and prevention, emergence of smart pest control devices, regulatory compliance and certification, increased pest control in urban areas, incorporation of predictive analytics..
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Segmentation & Regional Insights
The exterminating and pest control services market covered in this report is segmented –
1) By Control Method: Chemical, Mechanical, Biological, Other Control Methods
2) By Pest Type: Insect, Termite, Rodents, Other Pest Types
3) By Application: Commercial, Residential, Industrial
North America was the largest region in the exterminating and PST control services market in 2023. The regions covered in the exterminating and pest control services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing prevalence of pest-borne diseases is expected to propel the growth of the exterminating and pest control services market going forward. Vector-borne diseases, often known as pest-borne diseases, are human illnesses caused by parasites, viruses, and bacteria transmitted by vectors. Effective pest control measures such as exterminating and pest control involve reducing the population of these vectors, either by eliminating their breeding grounds or by killing adult insects through the use of insecticides or other interventions For instance, in June 2023, according to the European Centre for Disease Prevention and Control (ECDC), a Sweden-based government agency whose aim is to enhance Europe’s defenses against infectious illnesses, the EU/EEA recorded 1 133 human cases and 92 fatalities from West Nile virus infection, with 1 112 cases acquired locally in 11 countries in 2022, the greatest number of occurrences since the height of the epidemic year. In 2022, 71 cases of locally acquired dengue fever were reported in the EU/EEA, equaling the entire number of cases reported in the last decade. Therefore, the increasing prevalence of pest-borne diseases will drive the market for exterminating and pest control services.
Key Industry Players
Major companies operating in the exterminating and pest control services market are entering into strategic partnerships to offer exterminating and pest control services. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in March 2021, The Miami Marlins, an American professional baseball team based in Miami, partnered with Florida Pest Control, a Florida-based company that offers pest management & lawn treatment services, to put in place cutting-edge safety procedures, including using drones to sanitize Marlins Park. In between games, the seats are cleaned by drones using a disinfectant mixture that can inactivate microorganisms in four minutes and leaves no noticeable residue or strong smells behind.
The exterminating and pest control services market report table of contents includes:
1. Executive Summary
2. Exterminating And Pest Control Services Market Characteristics
3. Exterminating And Pest Control Services Market Trends And Strategies
4. Exterminating And Pest Control Services Market – Macro Economic Scenario
5. Global Exterminating And Pest Control Services Market Size and Growth
….
31. Global Exterminating And Pest Control Services Market Competitive Benchmarking
32. Global Exterminating And Pest Control Services Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Exterminating And Pest Control Services Market
34. Exterminating And Pest Control Services Market Future Outlook and Potential Analysis
35. Appendix
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