The pest control services market will register a CAGR of over 5% by 2023.
The increase in demand for insurance-based pest control services will drive the pest control services market growth during the forecast period.
Significant costs associated with pest control services are propelling many vendors in the market to create insurance-based pest control services for both residential and commercial customers. Furthermore, the growing interest from customers on including pest control coverage as a standard feature in home insurance. To capture this growing demand, vendors are focusing on the market and provides opportunities for insurance-based pest control services. This will drive the growth of the market during the forecast period.
Complexity of pest control procedures and safety protocols for chemicals used in pest control
One of the growth drivers of the global pest control services market is the complexity of pest control procedures and safety protocols for chemicals used in pest control. The complex nature of pest control procedures has prompted residential and commercial customers to pot for professional pest control services.
The increasing the availability of DIY pest control products
One of the challenges in the growth of the global pest control services market is the increasing availability of DIY pest control products. This will hinder the adoption of professional pest control services.
The market appears to be moderately fragmented with the presence of several market players. Vendors seek to improve efficiency and productivity by launching new applications to attract more customers.
This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
The ServiceMaster Company
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY END-USER
Comparison by end-user
Residential - Market size and forecast 2018-2023
Commercial - Market size and forecast 2018-2023
Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY APPLICATION
Comparison by application
General pest control - Market size and forecast 2018-2023
Termite control - Market size and forecast 2018-2023
Market opportunity by application
PART 09: GEOGRAPHIC LANDSCAPE
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
APAC - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
Market consolidation through M&A
Increase in deployment of digital pest control services