Global Pest Control Solutions Market Overview:
Pests can pose serious risks to health as well as safety. These creatures can be found in both residential and commercial buildings. Common pests include spiders, ants, cockroaches, rats, bedbugs, among others. Keeping home/office pest-free is important for many reasons. Insects like termites can cause a huge amount of damage to the property. Cockroaches, rats, and mice can spoil the food making them unhealthy. It is, therefore, necessary to put an end to this issue once and for all. Pest control solutions eliminate the problem of pests from its roots. The demand for pest control solutions have been increased worldwide, thereby, there are significant growth opportunities for new players within the market.
Growth Drivers
- Increase in Pest Population
- The Rising Need for Safety & Security among the Residential Sector
Roadblocks
- The Lack of Awareness among the People
Opportunities
- The Growth Opportunities from Developing Countries
Competitive Landscape:
Some of the key players profiled in the report are BASF Pest Control Solutions (Germany), Anticimex (Sweden), Ecolab (United States), Rentokil Initial (United Kingdom), Rollins (United States), The ServiceMaster (United States), Pest Control Solutions (United States), Canadian Pest Solutions (Canada), GreenLeaf Pest Control Inc. (Canada) and Rentokil Initial plc (Australia). Analyst at AMA Research see United States Vendors to retain maximum share of Global Pest Control Solutions market by 2027. Considering Market by Visit Frequency, the sub-segment i.e. One Time Visit will boost the Pest Control Solutions market.
On 28 Feb 2017, Rentokil Initial plc, a leading pest control solution provider has announced that it has entered into an agreement to form a joint venture with PCI Pest Control Pvt. Ltd. and to acquire a 57% stake in the new joint venture, for an undisclosed sum. As part of the transaction, the Company will merge its Indian business into the joint venture. The combined business will be the largest provider of pest control services and products in India.
What Can be Explored with the Pest Control Solutions Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Pest Control Solutions Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Pest Control Solutions
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pest Control Solutions market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pest Control Solutions market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Pest Control Solutions Providers, Downstream Vendors, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.