Pest Management Services Market to Garner $ 19.0 Bn, Globally, by 2026 at 6.25% CAGR: Allied Market Research

Error message

Notice: Undefined property: stdClass::$ds_changed in eval() (line 16 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$ss_search_api_url in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).
Notice: Undefined property: stdClass::$tm_title in eval() (line 20 of /var/www/7/modules/php/php.module(80) : eval()'d code).

According to the report, the global pest management services industry generated $13.2 billion in 2019, and is expected to reach $19.0 billion by 2026, growing at a CAGR of 6.25% from 2019 to 2026.

Metadata

Provider:

PR Newswire

Retrieved on:

Monday, March 16, 2020

Information

Tags:

Pest, Pest control

Geotags:

United Kingdom

Organisation:

ALLIED MARKET RESEARCH

Summary

Key Points:

According to the report, the global pest management services industry generated $13.2 billion in 2019, and is expected to reach $19.0 billion by 2026, growing at a CAGR of 6.25% from 2019 to 2026.
Frequent changes in climatic conditions, presence of many regulatory bodies across Europe, and ease in availability of pest management products drive the global pest management services market.
On the other hand, the emergence of organic chemicals in pest management practices create new opportunities in coming years.
This is due to rise in the construction repair activities and increase in adoption of pest management practices in commercial sector.

Pest Management Services Market to Garner $ 19.0 Bn, Globally, by 2026 at 6.25% CAGR: Allied Market Research

PORTLAND, Oregon, March 16, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Pest Management Services Market by Type (Chemical, Mechanical, Biological, and Others), Pest Type (Insects, Termites, Rodents, and Others), and Application (Commercial, Residential, Agriculture, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global pest management services industry generated $13.2 billion in 2019, and is expected to reach $19.0 billion by 2026, growing at a CAGR of 6.25% from 2019 to 2026.

Prime determinants of growth

Frequent changes in climatic conditions, presence of many regulatory bodies across Europe, and ease in availability of pest management products drive the global pest management services market. However, health hazards related to pest control chemicals hinder the market growth. On the other hand, the emergence of organic chemicals in pest management practices create new opportunities in coming years.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6448

The chemical segment to maintain its dominant position during the forecast period

Based on type, the chemical segment contributed to nearly one-third of the total share of the global pest management services market in 2018, and is expected to maintain its dominant position during the forecast period. This is due to its cost-effective nature and rapid application. However, the mechanical segment is estimated to continue the highest CAGR of 7.0% from 2019 to 2026, owing to the quick procedure for eliminating pests including rats and squirrels.

The commercial segment to maintain its lead position throughout the forecast period

Based on application, the commercial segment held the highest share of the global pest management services market, holding more than two-fifths of the total market in 2018, and is expected to maintain its lead position throughout the forecast period. This is due to the rise in pest control application in commercial places including restaurants, hospitals, farms, households, and forest plantations. Moreover, the agriculture segment is expected to register the largest CAGR of 8.9% from 2019 to 2026, owing to surge in food production and need to address issues related to crop protection.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6448

North America to maintain its highest contribution in terms of revenue by 2026

Based on region, North America accounted for the highest market share in terms of revenue, accounting for nearly half of the global pest management services market in 2018, and is estimated to maintain its highest contribution in terms of revenue by 2026. This is due to rise in the construction repair activities and increase in adoption of pest management practices in commercial sector. However, Asia-Pacific is estimated to witness the fastest CAGR of 8.2% from 2019 to 2026, owing to surge in need in the residential sector, emerging economies of India and South Korea, and innovative methods.

Leading market players

BASF SE
Bayer AG
Rentokil Initial plc
Ecolab
Rollins, Inc.
FMC Corporation
The ServiceMaster Company, LLC.
Syngenta
Dodson Pest Control, Inc.
Lindsey Pest Services

Interested in Procuring this Report? visit:
https://www.alliedmarketresearch.com/pest-management-services-market/purchase-options

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:
https://www.alliedmarketresearch.com/avenue/trial/starter

Europe Pest Control Market: Opportunity Analysis and Industry Forecast, 2018–2025

Europe Pest Control Services Market: Opportunity Analysis and Industry Forecast, 2018 – 2025

Fly Control Chemicals Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

View original content:http://www.prnewswire.com/news-releases/pest-management-services-market-to-garner--19-0-bn-globally-by-2026-at-6-25-cagr-allied-market-research-301024742.html

SOURCE Allied Market Research