Global Pest Control Services Market Size, Share, Growth Analysis, By Pest type(Insects, Rodents), By Method(Chemical, Mechanical), By Application(Residential, Commercial), By Region(North America, Europe) - Industry Forecast 2024-2031

Global Pest Control Services Market size was valued at USD 21.95 billion in 2022 and is poised to grow from USD 22.94 billion in 2023 to USD 32.62 billion by 2031, growing at a CAGR of 4.50% during the forecast period (2024-2031).

Climate change is significantly contributing to the rise in insect populations, intensifying the global necessity for pest control services. As concerns mount over the potential outbreak of diseases, consumers worldwide are anticipated to increasingly prioritize pest control measures to mitigate potential damages. Top companies are actively innovating to capture market share by enhancing service efficiency through advancements like route optimization, smartphone apps for pest identification, online sales, and real-time field support via mobile communication technologies. The surge in demand for pest control services is primarily driven by the increasing need in residential buildings, spurred by inadequate cleaning practices in older structures and heightened pest infestation in moisture-rich environments. Urbanization trends and the renovation of older commercial and residential properties are expected to further propel the demand for pest control services in the foreseeable future.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Pest Control Services Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Pest Control Services Market Segmental Analysis

The global pest control services market is segmented based on the basis of pest type, method, application, and region. Based on pest type, the Pest Control Services Market is segmented into insects, rodents, and termites. In terms of method, the Pest Control Services Market has been segmented into chemical, mechanical, and biological. With respect to segmentation by application, the Pest Control Services Market is categorized into residential, commercial, and industrial. Geographically, the market is widespread into North America, Europe, Asia-Pacific, Latin America, and MEA.

Drivers of the Global Pest Control Services Market

The surge in vector-borne diseases and growing awareness regarding pest control services are expected to drive the demand for pest management solutions. As instances of pest-related diseases rise, so does the necessity for effective pest control services. Additionally, heightened consciousness about various pest control techniques, coupled with their improving affordability, is poised to fuel market expansion in the foreseeable future.

Restraints in the Global Pest Control Services Market

Government regulations closely monitor the usage of pesticides, particularly chemical ones, due to their highly toxic nature and adverse effects on the environment. This stringent oversight may pose a challenge to overall market expansion throughout the forecast period.

Market Trends of the Global Pest Control Services Market

The emerging market trend in pest control within the supply chain involves remote monitoring and control systems, which utilize cutting-edge technologies like AI. With their cost-effectiveness and remote operation capabilities, these technologies are gaining traction, promising increased efficiency and effectiveness in pest management. Consequently, the demand for AI-powered online pest control services is expected to surge in the foreseeable future.