Fumigation Service Market Scope
One of the best ways to deal with insects and pests is fumigation. Fumigation of a home is a process where different fumigation agents are used to deal with different types of insects: rats like roach, rats, bed bugs, etc. Due to a rise in industrialization and urbanization, there is a rise in insect populations and reach in different geographies. There is a wide amount of technological upgradation in this industry today which makes it more convenient to deal with pests and also to prevent them from affecting different households. Fumigants are effective towards these kinds of pests and only professionals are authorised to take care of fumigation a few times. This process can also involve tenting and sealing of the entire house to have a better effect.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Terminix (United States), Rentokil Initial (United States), Massey Services, Inc. (United States), Arrow Exterminators (United States), Aptive (Ireland), Truly Nolen (United States), Western Pest Services (United States), Alpha Fumigation Services Ltd (United Kingdom), Flick Anticimex (Australia), Fumigation Service Pvt Ltd (India) and Dealey Environmental (United Kingdom) |
CAGR | 4.2% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that Global Players will contribute to the maximum growth of Global Fumigation Service market throughout the predicted period.
Terminix (United States), Rentokil Initial (United States), Massey Services, Inc. (United States), Arrow Exterminators (United States), Aptive (Ireland), Truly Nolen (United States), Western Pest Services (United States), Alpha Fumigation Services Ltd (United Kingdom), Flick Anticimex (Australia), Fumigation Service Pvt Ltd (India) and Dealey Environmental (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Fumigation Service market by Type , by Application (Roach, Bed bugs, Flea, Beetles and Other) and Region with country level break-up.
On the basis of geography, the market of Fumigation Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In December 2023, Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with ACTION Termite & Pest Control (the “Company” or “ACTION”), a pest control company based in Phoenix, Arizona.
In November 2023, Godrej Agrovet Limited (GAVL), one of India's largest diversified agri-business, recently announced the launch of an advanced pest control product Rashinban in India. With the patent chemistry discovered and developed by Japan's Nissan Chemical Corporation, Rashinban is being launched first time globally in India through collaboration with GAVL to protect the Chilli crops during the flowering stage.
Licensed PCOs should accordingly advise their clients on the precautions to be taken as well as the re-entry interval after the application of pesticides. Appropriate signage should be posted at strategic places, such as entrances of treated premises, to warn the public before the re-entry interval has expired.
Influencing Trend:
Using Agents Which Are Eco-Friendly And Sustainable In Nature.
Market Growth Drivers:
Rapid Urbanization And Infrastructural Development And Increase In Industrialization Is Resulting In More Number Of Pests. and There Is Also Seen A Rise In Vector Born Disease Which Are Fatal In Nature.
Challenges:
Less Skilled Labours.
Restraints:
Regulations Which Can Allow Taking Strict Actions For Use Of Few Fumigation Agents Which Have Higher Repercussions.
Opportunities:
Post Pandemic There Is Rise In Awareness About Hygiene And Health. and Climate Change Is Resulting In Pest Increasing In More Regions.
Key Target Audience
Pest control service providers, New Entrants and Investors, Biodegradable Foodservice Disposables Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others