NEW YORK, Oct. 25, 2016 /PRNewswire/ -- In this report,
Future Market Insights (FMI) offers a 10-year forecast of the
global pest control services market for the forecast period
2016-2026. In terms of value, the market is expected to expand at a
CAGR of 5.4% through 2026. The current study reveals the market
trends and market dynamics in all seven regions that are expected
to positively affect the current market environment and future
scenario of the pest control services market over the forecast
period.
Report Description
This Future Market Insights report inspects the pest control
services market for the period 2016–2026. The prime objective of
this report is to offer insights into developments in the pest
control services market that are gradually helping transform global
businesses associated with the same.
The global pest control services market report begins by defining
various categories and their usage in pest control service. It is
followed by market dynamics overview of the global pest control
services market, which includes FMI analysis of market trends,
drivers, restraints and opportunities, regulations, service demand
analysis and government initiatives that are affecting growth of
the pest control services market. It also covers an insight into
population distribution versus price range of the services, by
region, highlighting the popularity of different price ranged
services. Impact analysis of the key growth drivers and restraints
based on the weighted-average model has also been included in this
report on the pest control services market after examining
individual regions, to better equip readers with qualitative and
quantitative insights on the ongoing progress of the services
market and the corresponding latest trends in the market.
The prime factors powering the demand for pest control services
are expansion of urban population, growing consumer awareness
concerning health and hygiene, prevalent weather conditions
supporting insect growth and rapid increase in lifestyle
expenditures and international tourism. Increase in intolerance
towards pest across the globe is also a positive factor favouring
growth of the pest-control services market. Apart from the above
factors, demographic shifts and increase in global population are
among the major factors that could lead to rise in demand for pest
control services in the near future.
Based on application type, the market is categorized into ant
control, bedbug control, beetle control, bird control, cockroaches,
mosquitos & flies control, rat & rodent control, termite
control and others segments. Among all the application type
segments, the termite control segment is expected to exhibit the
highest growth, followed by the mosquitos & flies control
segment, over the forecast period.
The market has also been segmented based on various services, such
as chemical control service, mechanical control service and other
pest control services segments. The chemical control service
segment is further classified into organic control & synthetic
control services in order to provide more deep insights on the
segment. According to the analyses, the chemical control service
segment is expected to exhibit a comprehensive and rapid growth,
and acquire high attractiveness in the pest control services market
over the forecast period. Under chemical pest control services, the
synthetic chemical control segment is presently the most dominating
segment in terms of value, whereas the organic chemical control
segment is anticipated to gain more popularity in the coming years
and is expected to expand at higher CAGR. Further, on the basis of
end-user segment, the commercial end-user segment is found to
currently dominate the pest control services market in terms of
value, and is expected to remain the most attractive segment, among
the rest. Meanwhile, the agriculture segment is expected to expand
at the highest CAGR over the forecast period.
The next section of the report highlights the pest control services
adoption, by region, and provides the market outlook for 2016–2026.
The study investigates the regional trends contributing to growth
of the pest control services market globally, as well as analyses
the limit to which the drivers are influencing the pest control
services market in each region. Main regions assessed in this
report include North America,
Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan
(APEJ), Japan and the Middle East & Africa (MEA).
The above sections, by application type, service, end-user and
region, evaluate the present scenario and growth prospects of the
pest control services market for 2016–2026. We have considered 2015
as the base year and provided data for the forecast period, i.e.,
2016–2016.
To ascertain the pest control services market size, we have also
taken into account the revenue generated by the various service
providers. The forecast presented here assesses the total revenue
by value across the pest control services market. In order to
provide an exact forecast, we initiated by sizing up the current
market, which forms the basis on how the pest control services
market is expected to grow in the future. Given the characteristics
of the market, we triangulated the outcome on the basis of three
different types of analysis, based on supply side, downstream
industry demand and the economic envelope.
In addition, it is imperative to note that in an ever-fluctuating
global economy, we not only conduct forecasts in terms of CAGR, but
also analyse the market based on key parameters, such as
year-on-year (Y-o-Y) growth rates, to understand the predictability
of the pest control services market and to identify the right
opportunities across the market.
The pest control services segments, by application, service,
end-user and region, are analysed in terms of Basis Point Share
(BPS) to understand the individual segment's relative contributions
to market growth. This detailed level of information is important
for identifying various key trends in the pest control services
market.
Another key feature of this report is the analysis of key segments
in terms of absolute dollar opportunity. This has been overlooked
while forecasting the market. However, absolute dollar opportunity
is critical for evaluating the scope of opportunity that a provider
can look to achieve, as well as to identify potential resources
from a delivery perspective of the pest control services
market.
To understand key growth segments in terms of growth and adoption
for range of pest control services globally, Future Market Insights
has developed an 'Attractiveness Index.' The resulting index should
help providers identify real market opportunities.
In the final section of the report on pest control service, the
'Competitive Landscape' is included to provide report audiences
with a dashboard view of the companies and their market share,
based on categories of providers in the pest control services
portfolio and key differentiators. This section is primarily
designed to provide clients with an objective and detailed
comparative assessment of key providers specific to a market
segment. Report audiences can gain segment-specific service
provider insights to identify and evaluate key competitors based on
the in-depth assessment of their capabilities and success in the
pest control services marketplace.
Detailed profiles of service providers are also included in the
report to evaluate their long-term and short-term strategies, key
offerings and recent developments in the pest control services
market. Key market competitors covered in the report include
Ecolab, Inc., Rollins, Inc., Rentokil Initial Plc., Service Master
Global Holdings, Inc. (Terminix), Massey Services Inc., Arrow
Exterminators Inc., Sanix Incorporated, Asante Inc. and Dodson
Brothers Exterminating Company Incorporated.
Key Segments Covered
Application Type
Ants Control
Bedbug Control
Beetle Control
Bird Control
Cockroaches Control
Mosquito & Flies Control
Rat & Rodent Control
Termites Control
Others (Home Lizards, Moths Mites and Reptiles)
By Service
Chemical Control Services
Organic Control Services
Synthetic Control Services
Mechanical Control Services (Traps, Repeller, etc.)
Other Pest Control Services (Moisture Control, Sanitation,
etc.)
By End-User
Agricultural
Commercial
Industrial
Residential
Key Regions/Countries Covered
North America
U.S.
Canada
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Western Europe
U.K.
France
Germany
Spain
Italy
Nordics
BENELUX
Rest of Western Europe
Eastern Europe
Poland
Russia
Romania
Rest of Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Greater China
India
ASEAN
Australia and New Zealand
Rest of APEJ
Japan
Middle East & Africa
GCC
Southern Africa
Northern Africa
Rest of MEA
Key Companies
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 Exterminating Company Incorporated
Read the full report:
http://www.reportlinker.com/p03884063-summary/view-report.html
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