The analysts forecast the pest control services market to grow at a CAGR of 5.58% during the period 2018-2022.
The pest control services industry includes firms that are involved in the professional management of pests, termites, rodents, and other species that can cause health issues or undesired quality of life for humans. The industry caters to both residential customers and commercial establishments. By application, the market is catering to general pest control and termite control.
The report covers the present scenario and the growth prospects of the global pest control services market for 2018-2022. To calculate the market size, the report considers the demand for pest control services from both residential and commercial segments.
One of the major drivers for this market is increase in insurance-based pest control services. Owing to the significant costs associated with pest control, many players in the market are coming up with insurance-based pest control services, especially for commercial customers. Major hotels and other businesses are opting for these pest control services.
The report states that one of the major factors hindering the growth of this market is the increase in usage of DIY pest control products. The demand for DIY pest control products is increasing due to the easy availability of self-use pest control products and information and instructions on product use, particularly through online sources. The is particularly high in the residential sector. This can be a major challenge for service providers of pest control as this is the key revenue contributing segment in the market.
- Rentokil Initial
- The ServiceMaster Company
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Application
8: Customer Landscape
9: Market Segmentation By End-User
10: Regional Landscape
11: Decision Framework
12: Drivers And Challenges
13: Market Trends
14: Vendor Landscape
15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/mck8lr/global_pest?w=4