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Pest Control Market by Type, Pest Type, Application, and Region - Global Forecast to 2021

Pest Control Market: Global Forecast until 2021

  • September 2016
  • 150 pages
  • ID: 4182971
In this report:
According to the International Monetary Fund, "Global output is estimated to have grown by ##.##% in 2015, with ##.##% growth for advanced economies and ##.##% growth for emerging and developing economies.
The pest control industry in Canada is in the growth stage of its life cycle, and is expected to grow at a CAGR of ##.##% from 2016 to 2021.


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"Pest control market forecasted to grow at a compound annual growth rate (CAGR) of 5.30 percent from 2016 to 2021"

The pest control market is estimated to grow ~$22.0B by 2021 at a Compound annual growth rate of 5.30 percent from 2016. The sector is influenced by Elements such as easy availability of pest control service providers, climate changes, economic development, and growing pest population. With the rise in disposable income, the market demand for a hygienic environment increases, thus driving the industry demand for advancements in pest control techniques. Regulatory requirements including environmental protection laws and changing government policies across diverse regions are restraining factors for pest control product manufacturers and service providers.

"Biological control to be the quickest-growing segment from 2016 to 2021."

The biological control segment is expected to rise at the maximal compound annual growth rate (CAGR) from 2016 to 2021. Parasites, pathogens, and predators are the beneficial insects which play a vital role in biological control methods to manage pests and control damage. These are also known as natural enemies which is important for reducing the numbers of pest insects and mites.

"Termites segment will lead the industry by 2021."

Termites need moist conditions to breed and thrive. Drastic climatic changes have resulted in a rise in termite population, which will require more pest control solutions. Control methods of termites vary with the species to be controlled, hence driving the pest control market in the next years. The termites segment is expected to grow at the highest CAGR (Compound annual growth rate) during the outlook period.

"Asia-Pacific market to grow at the highest compound annual growth rate (CAGR) between 2016 and 2021."

The growth in appreciation about modern pest control practices, food dependence on the agricultural market in India (IN) and China (CN), and demand for maintaining hygienic environmental conditions are anticipated to fuel the increase of the pest control market in the Asia Pacific (APAC) area. China (CN) and India (IN) are among the top five countries producing rice and wheat. As the production of these commodities is high, they need pest control products to prevent post-harvest losses.

The breakdown of primaries on the basis of company, description, and area, conducted during the business research study is as given below.

By Company Type: Tier 1 - 20.0 percent, Tier 2 - 45.0 percent, and 1/3 3 - 35.0 percent

By Description: D-level - 22.0 percent, C-suite - 28.0 percent, and Others - 50.0 percent

By area: North america (NA) - 18.0 percent, Europe - 25.0 percent, Asia-Pacific - 45.0 percent, and rest of the world - 12.0 percent

Why acquiring this study can help you

From an insight prospect, this market report has emphasized several levels of analyses - industry, market share research of top players in the pest control sector, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape-emerging and high-growth segments of the overall pest control market; high-growth areas; and sector drivers, market restraints, and alternatives.

The market research offers business insights on the following:

- Business entry: Exhaustive information on pest control products provided by key players in the overall market

- Product improvement/Innovative products: In-depth understanding on upcoming pest control techniques, analysis & growth activities, and recent product launches in the pest control market

- Industry development: Highlighted information about profitable emerging sectors

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall pest control market

- Opposing assessment: In-depth assessment of market share, strategies, products, and manufacturing competences of key players in the overall pest control market

Segment Researche

This market research classifies the pest control market established on category, application, pest type, and area. Established on category, the sector has been split into chemical control, mechanical control, and biological control. According to application, the industry has been divided into commercial, industrial, residential, and agricultural. Established on pest type, the sector has been broken down into insects, termites, rodents, and wildlife. Regional segmentation of the market includes North America continent, Europe (EU), Asia Pacific (APAC), and RoW.

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