Pest Control Products and Services Market Trends

Transcription

Pest Control Products and Services Market Trends
Global Market Study on Pest Control Products and
Services: North America Expected to be the Most
Attractive Region Market
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Report Media Releases
Global Pest Control Products and Services Market Value to
Increase from US$ 16.01 Bn in 2015 to US$ 16.94 Bn by
2016 End; Growing Consumer Awareness Concerning
Health and Hygiene Key Growth Driver
Persistence Market Research delivers useful insights on the global pest control products
and services market in a new report titled, “Pest Control Products and Services Market:
Global Industry Analysis and Forecast, 2016 - 2026”. The global pest control products and
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services market is projected to be valued at US$ 28.6 Bn by 2026, exhibiting a CAGR of 5.4%
over the next 10 years.
The prime factors powering the demand for pest control products and services are a rapid
expansion of urban population across the globe, growing consumer awareness concerning
health and hygiene, prevalent weather conditions supporting insect growth, a rapid increase in
lifestyle expenditures, and rising international tourism. Increase in economic activities across the
globe is also a positive factor favoring the growth of the global pest control products and services
market. The implementation of stringent government regulations to limit levels of chemical
toxicity and restrict the use of highly toxic pesticides to reduce their hazardous impact on public
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health and environment is one of the major restraints for the growth of the global pest control
products and services market.
The global pest control products and services market is segmented on the basis of Product Type
(Insecticides, Rodenticides, Other Chemical, Mechanical, Others); Application Type (Ants
Control, Bedbug Control, Beetle Control, Bird Control, Mosquito & Flies Control, Cockroaches
Control, Rat & Rodent Control, Termites Control, Others); Service Type (Chemical Control
Services, Organic Control Services, Synthetic Control Services, Mechanical Control Services,
Other Pest Control Services); End User (Agricultural, Commercial, Industrial, Residential); and
Region (North America, Latin America, Europe, Asia Pacific, and MEA).
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The Insecticides product type segment is expected to gain significant market share by 2026 and
is estimated to increase 1.7X in terms of value between 2016 and 2026. The Cockroaches
Control application type segment is expected to be valued at US$ 5,747.6 Mn by 2026,
Global Pest Control Products and Services Market 2016-2026
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registering a CAGR of 5.1% between 2016 and 2026. The Chemical Control Services service
type segment was valued at US$ 10.93 Bn in 2015 and is estimated to reach US$ 11.56 Bn by
the end of 2016, reflecting a Y-o-Y growth rate of 5.8%. The Chemical Control Services service
type segment is expected to continue to remain the most dominant segment in the market till the
end of 2026. The Residential end user segment is expected to be valued at US$ 9,956.6 Mn by
2026.
Among regions, North America is expected to remain the most dominant regional market in the
global pest control products and services market. The North America pest control products and
services market was valued at US$ 7,538.5 Mn in 2015 and is estimated to reach US$ 7,952.4
Mn by the end of 2016, reflecting a Y-o-Y growth rate of 5.5%. The Asia Pacific pest control
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products and services market is expected to be valued at US$ 5,964.2 Mn by 2026, registering a
CAGR of 6.1% during 2016 – 2026.
Download Report Table of Content, Figures, and Tables @
http://www.persistencemarketresearch.com/market-research/pest-control-productsand-services-market/toc
The global pest control products and services market report profiles some of the leading
companies functional in the global pest control products and services market. Ecolab, Inc.,
Rollins, Inc., Rentokil Initial Plc., Service Master Global Holdings, Inc. (Terminix), Massey
Services Inc., Arrow Exterminators Inc., Sanix Incorporated, Asante Inc., Dodson Brothers
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Exterminating Company Incorporated, Target Specialty Products, Pelsis Ltd., Killgerm Ltd.,
WinField Solutions LLC, and Univer Inc. are the top market players featured in the global pest
control products and services market report. Some of these companies are focusing on
expanding their geographical presence through operational expansion and strategic mergers
and acquisitions.
Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/pest-control-products-and-services-market.asp
Global Pest Control Products and Services Market 2016-2026
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Global Pest Control Products and Services Market 2016-2026