Global Pest Control Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Pest Control plays a role in meeting the worldwide need for pest free spaces by offering eco friendly pesticides and tailored solutions that consider the type of pests present and the level of infestation, in different habitats.
Market Key Insights
- The Pest Control market is projected to grow from $24.9 billion in 2024 to $45.5 billion in 2034. This represents a CAGR of 6.2%, reflecting rising demand across Residential Pest Control Services, Agricultural Pest Control Services and Commercial Pest Control Services.
- Rentokil Initial plc, Ecolab Inc, Rollins Inc are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Pest Control market and are expected to observe the growth CAGR of 4.0% to 6.0% between 2024 and 2030.
- Emerging markets including India, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 7.1% to 8.6%.
- Transition like Shift to Eco-Friendly Products is expected to add $2.9 billion to the Pest Control market growth by 2030
- The Pest Control market is set to add $20.6 billion between 2024 and 2034, with manufacturer targeting Cockroach & Bedbug Pest Type projected to gain a larger market share.
- With Increased urbanization, and Health and safety regulations, Pest Control market to expand 82% between 2024 and 2034.
Opportunities in the Pest Control
Biological pest control methods such as bio control represent a sector, in the field of pest management where the emphasis lies in using predators or parasites to manage pests in a natural way.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increased Urbanization, and Technological Advancements in Pest Control
Health and safety rules are also getting tougher these days for homeowners and business owners alike when it comes to dealing with pests in their properties or establishments. Government bodies are also emphasizing the need for businesses – those in the food sector – to keep their spaces free, from pests, which is also fuelled by the growth of the pest control industry.
Restraint: Regulatory Hurdles
Opportunity: Eco-Friendly Pest Control and Digital Pest Control Solutions
The use of technology in pest management presents a great potential for expansion and improvement in the industry. By utilizing intelligence and Internet of Things (IoT) devices for pest identification, surveillance and control services businesses can optimize their pest control procedures resulting in increased efficiency and enhanced customer satisfaction. Companies that incorporate technology into their services could gain an advantage, over conventional pest control providers.
Challenge: High Cost of Services
Supply Chain Landscape
Dow Chemical Company
BASF SE
Bayer Cropscience
Syngenta AG
Ecolab Inc.
Rollins Inc
Rentokil Initial Plc
The Terminix International Company
Dow Chemical Company
BASF SE
Bayer Cropscience
Syngenta AG
Ecolab Inc.
Rollins Inc
Rentokil Initial Plc
The Terminix International Company