The pest control services market is expected to grow at a compound annual growth rate (CAGR) of 6.4% to reach US$ 42.5 billion by the end of 2032 from its current valuation of US$ 22.9 billion in 2022.

The global market for pest control services saw a compound annual growth rate (CAGR) of 5.6% from 2017 to 2021, according to a recent report by market research and competitive intelligence company Fact.MR.

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The global pest control services market is set to experience substantial growth over the next decade, with projections estimating it will reach a staggering US$ 42.5 billion by 2032, driven by a compound annual growth rate (CAGR) of 6.4%. This surge is propelled by increasing concerns over public health, the rising prevalence of pest-borne diseases, and growing awareness about the importance of maintaining pest-free environments.

Key Growth Drivers

• Rising Public Health Concerns: The escalating incidence of diseases such as malaria, dengue, and Lyme disease, which are transmitted by pests, has heightened public health awareness. This has significantly bolstered the demand for effective pest control services to mitigate these health risks.
• Urbanization and Population Growth: Rapid urbanization and population growth have led to increased construction activities and expanded residential areas, creating more habitats for pests. This urban sprawl necessitates robust pest control measures to ensure hygienic living conditions.
• Stringent Government Regulations: Governments worldwide are implementing stringent regulations to control pest populations and safeguard public health. Compliance with these regulations is driving both residential and commercial sectors to adopt professional pest control services.
• Technological Advancements: The pest control industry is witnessing technological advancements, such as the development of eco-friendly and non-toxic pest control products. These innovations are gaining popularity among environmentally conscious consumers and are expected to propel market growth.

Key Companies Profiled:

• ABC Home & Commercial Services
• Anticimex
• Aptive Environmental
• Arrow Exterminators
• Cook's Pest Control
• Ecolab
• Hawx Pest Control
• Massey Services, Inc.
• Mosquito Joe
• Mosquito Squad
• Rentokil Initial plc
• Rollins, Inc.
• Shield Pest Control UK
• The Terminix International Company
• Truly Nolen

Market Segmentation

The pest control services market can be segmented based on service type, pest type, application, and region.

• Service Type: The market includes chemical, mechanical, and biological pest control services. Chemical pest control remains the dominant segment due to its immediate efficacy, although biological and mechanical methods are gaining traction for their eco-friendly attributes.
• Pest Type: Common pests addressed by the industry include insects (ants, bed bugs, termites), rodents, and wildlife. The insect control segment holds a significant market share, primarily driven by the high incidence of insect-related problems in residential and commercial areas.
• Application: The market serves various applications, including residential, commercial, agricultural, and industrial sectors. The residential segment is anticipated to witness substantial growth due to increasing awareness and demand for pest-free living environments.
• Region: North America leads the market due to high awareness levels and stringent regulatory frameworks. However, the Asia-Pacific region is expected to exhibit the highest growth rate, fueled by rapid urbanization, population growth, and increasing disposable incomes.

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Competitive Landscape

The global market is highly competitive due to the presence of numerous large and small players. These companies are increasingly integrating technology into their service offerings to boost their market share. The pest control services industry has also seen several high-profile mergers and acquisitions in recent years. 

For instance, in October 2022, Rentokil Initial plc completed its acquisition of Terminix Global Holdings, Inc. This transaction positioned Rentokil as a leading player in the pest control market, serving approximately 4.9 million customers and employing 57,000 people worldwide.

In April 2022, Rollins, Inc., through its subsidiary Orkin, acquired NBC Environment.

Segmentation of Pest Control Services Industry Survey

• By Type :
• Termites
• Rodents
• Insects
• Others (Not Covered Elsewhere)
• By Service :
• Organic Pest Control
• Chemical Pest Control
• Others (Not Covered Elsewhere)
• By End-use Application :
• Commercial
• Residential
• By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• Middle East & Africa

The pest control services market is poised for exponential growth, driven by rising health concerns, urbanization, and regulatory pressures. With technological advancements and increasing awareness about sustainable practices, the market is set to expand significantly, presenting lucrative opportunities for industry players. As the market evolves, providers that focus on innovation and customer-centric solutions are likely to gain a competitive edge, driving further growth and development in this dynamic industry.