1. Market Research
  2. > Agriculture
  3. > Agricultural Input
  4. > Agrochemical Market Trends
Termite Bait Systems Market by Termite Type, Station Type, Application And Region - Global Forecast to 2023

Termite Bait Systems Market: Global Forecast until 2023

  • August 2018
  • 131 pages
  • ID: 5490279
In this report:
According to the Commercial Buildings Energy Consumption Survey (CBECS) study in 2016, there has been an exorbitant growth in the number of commercial buildings and floor space, wherein commercial buildings have risen by ##% since 2003, and an increase of ##% was observed in floor space.
The residential segment was the second-largest, which was valued at USD ##.## million in 2017; it is projected to grow at the highest CAGR of ##.##% during the forecast period due to the growing housing market and residential constructions which are expected to increase demand.


Table of Contents

Search Inside

The termite bait systems market is estimated to rise at a compound annual growth rate of ~5.6 percent from 2018 to 2023.

The termite bait systems market is projected to be $260.80M in 2018 and is projected to extend $342.50M by 2023 at a Compound annual growth rate of ~5.6 percent from 2018. The termite bait systems market is expected to grow at a steady rate due to Elements such as the growing demand for environment-friendly termite control products together with climate change. The main factors restraining the increase of the termite bait systems market are the high initial investment, lack of awareness, and low adoption rate, especially in the developing countries.

The subterranean termites segment is estimated to be the quickest-rising from 2018 to 2023.

Subterranean termites are the most prevalent termites as distinguished to other termite types.These termites cause main property damage, globally.

Use of in-ground termite bait stations is one of the most common methods, especially in the developed countries where there are restrictions in using different toxic termiticides. On top of, quick urbanization is one of the main factors for the growing prevalence of subterranean termites.

The commercial & industrial segment is forecasted to dominate the sector in 2018.

In the commercial & industrial market, main infestation is witnessed caused by subterranean and drywood termites.Subterranean termites infest commercial areas through an underground infestation, while drywood termites are present within dry wood structures and obtain access to commercial buildings through gaps or cracks in doors, windows, and roof vents.

Therefrom, to prevent these infestations, in-ground and above-ground bait stations are used in the commercial & industrial industry to manage the termite population. The dominance of the commercial & industrial segment in the termite bait systems market can be accredited to the increasing need to prevent heavy economic losses caused by termites in the commercial & industrial market in offices, manufacturing units, and retail food chains.

APAC is forecasted to be an important market for termite bait systems in the next 5 years

The climate across Asia-Pac is conducive for the breeding of many types of termites.Warmer temperatures are breeding grounds for termites, which support faster development and prolonged survival; for example, termites are more active in summer.

Therefore, with the rising prevalence of termites in the area, termite control products and services are forecasted to witness strong demand in the next years.On top of, the territory has some of the quickest-increasing economies, where there has been fast urbanization, booming infrastructure activities, and the need to service a increasing urban population.

Therefore, with the development of residential, commercial, and industrial activities, and the increasing number of reported cases of termite infestations in these areas, the industry demand for termite control products including termite baits is anticipated to gain momentum during the outlook period.

The breakdown of the primaries on the basis of company type, description, and area conducted during the business research study is like:

• By Company category: Tier 1 - 50.0 percent, Tier 2 -35.0 percent, and Tier 3 - 15.0 percent

• By Description: C-suite - 35.0 percent, D-Level - 15.0 percent, and Others* - 50.0 percent

• By Area: Asia Pacific (APAC) - 35.0 percent, North America continent -25.0 percent, Europe (EU) - 10.0 percent, South America region - 10.0 percent, and RoW -20.0 percent

*Others contain sales managers, marketing managers, and product managers.

Note: Tier 1: Revenue ? $1.0B; Tier 2: USD 100 million< Revenue< $1.0B; Tier 3: Revenue ? $100.0M

The overall market for termite bait systems is leaded by, is monopolized by big players such DowDuPont, BASF, Bayer, Sumitomo Chemical, Spectrum Brands, PCT International, Syngenta, Rentokil Initial, Ensystex, Rollins, Terminix International, and Arrow Exterminators.

Segment Research

The study examines the termite bait systems market across various applications and localities.It aims at evaluating the market value and upcoming growth potential of this market across distinct segments including termite type, station type, application, and area.

Moreover, the analysis also comprises a detailed competitive analysis of the top players in the industry together with their company descriptions, recent evolutions, and key industries strategies.

Main highlights

This industry report will facilitate the market top players/new sector entrants in this sector by providing them the closest approximations of the revenue numbers for the global termite bait systems market and its sub-segments.It will facilitate partners to better find out the competitor overview, gain additional insights to better option their businesses, and devise suitable go-to-market approaches.

The market research will also assist partners to comprehend the sector and offer them with info on main market drivers, market restraints, opportunities, and alternatives.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
2018 World Agrochemicals Market: Strategic Assessments of Leading Suppliers

2018 World Agrochemicals Market: Strategic Assessments of Leading Suppliers

  • $ 12500
  • Industry report
  • August 2018
  • by Venture Planning Group

A strategic assessment of the competitive environment is widely recognized as one of the highest priority management responsibilities, a task crucial to business survival, growth and profitability. Timely ...

2018 World Fungicides Market: Strategic Assessments of Leading Suppliers

2018 World Fungicides Market: Strategic Assessments of Leading Suppliers

  • $ 7400
  • Industry report
  • August 2018
  • by Venture Planning Group

This report analyzes marketing strategies of the world’s leading agrochemical companies.The report contains 378 pages, 43 tables and provides agrochemical industry executives with strategically significant ...

2018 World Herbicides Market: Strategic Assessments of Leading Suppliers

2018 World Herbicides Market: Strategic Assessments of Leading Suppliers

  • $ 7400
  • Industry report
  • August 2018
  • by Venture Planning Group

This new report analyzes marketing strategies of the world’s leading agrochemical companies. The report contains 461 pages, 58 tables and provides agrochemical industry executives with strategically ...

Global Phosphates Industry $ 5600 July 2018


Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on