Technavio, a tech-focused market research firm, has published a new report on the global pest control services market, which is expected to grow at a CAGR of over 5% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global pest control services market into the following key regions: the Americas, APAC, and EMEA.
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Pest control services market in the Americas: The increasing number of international travel is initiating the spread of pests such as bed bugs, which will lead to the growth of the pest control services market in the Americas. The extreme climate changes are increasing the spread of insects such as the oak processionary moth that can cause serious health issues and cause severe damage to oak trees. The steady economic growth witnessed in the region is also leading to the growth of the American pest control services.
“The increasing awareness and health related issues are promoting the population in the Americas to use pest control services. The customers are prioritizing prevention and monitoring rather than reactive measures. Development and growth in South American countries like Brazil, Chile, Colombia, Argentina, and Peru will also create new opportunities for the vendors in the American market,” says Poonam Saini, a lead analyst at Technavio, specializing in research on retail goods and services.
Pest control services market in EMEA: The rising requirement for professional management of pests at hotels, food processing sites, restaurants, grocery stores, and residential blocks will lead to the growth of the market in this region. France, Germany, Spain, Italy, Ireland, and the UK will be the key revenue generating countries in the EMEA market. The service providers in the region will benefit from the development of emerging markets in the South Africa, the UAE, Saudi Arabia, Belgium, Sweden, Switzerland, and the Netherlands during the forecast period.
Pest control services market in APAC: The growing awareness of various pest control measures in Asia will make it the fastest-growing region in the global market. The leading vendors are collaborating with local vendors to offer superior services to various end-users in the market. The establishment of strict new rules and regulations on food safety, health, and the environment initiated by governments across APAC will drive the development of the market over the next four years.
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The top vendors operating in the global pest control services market are:
- Anticimex
- Ecolab
- Rentokil Initial
- Rollins
- Terminix
Other prominent vendors in the market include Action Pest Control, Clark Pest Control, Cats USA Pest Control, Massey Services, Pest Control India, SANIX, Spencer Pest Services, Techmo Hygiène, and Will Kill Termites & Pests.
A more detailed analysis is available in the Technavio report titled, ‘Global Pest Control Services Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Mosquito Repellent Market 2017-2021
- Global Electronic Insect Killer Market 2017-2021
- Global Household Insecticide Market 2016-2020
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