The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Rollins Inc., Ecolabs Inc. and Rentokil Initial Plc are the key players featured in this report.
The report entitled "Global Pest Control Market: Size, …casts (2016-2020) " provides a detailed analysis of the global pest control market with analysis of market size by value, segments and.
The report also includes a detailed regional analysis of the global pest control market, such as, Asia-Pacific, Europe and North America, comprising of their market by value along with the major countries in the particular region. Under competitive landscape, the global pest control market has been compared on the basis of players, which includes comparison on the basis of revenue and market capitalization followed by comparison of pest control players in the USA and UK.
The competition in the global pest control market is stiff and dominated by big players such as Rentokil Initial Plc.
In this segment of the report, business overview, financial overview and the business strategies of the companies are provided.
The global pest control market can be segmented on the basis of pest type, services and end-users. On the basis of pest type, the market can further be sub-segmented into insects, mites, nematodes, vertebrate pest, micro-organism & weeds and parasitic plants.
On the basis of services, the market can be divided into chemical, biological and other pest control services, which consist of mechanical pest control services. On the basis of end-users, the market can be segmented into commercial, residential and others, which includes use of pest control for agricultural and industrial purposes.
The global pest control market is expected to grow at a healthy rate during the forecast period (2016-2020). The growth is expected on account of many factors, such as an increase in population and economic activity, rising urbanization, prevalence of high global temperature and upsurge in disposable income.
However, the market also faces some challenges, which includes stringent industry regulations, staff management problems on the part of pest control service companies and high cost for customers. Introduction of new biocides, use of smart technologies such as route optimization software & mergers and acquisitions are some of the latest trends in this industry.
Rentokil Initial Plc
- Increasing Population
- Rising Urbanization
- Prevalence of High Global Temperature
- Rise in Economic Activity
- Upsurge in Disposable Income
- Stringent Industry Regulations
- Challenges faced by the Companies
- High Cost for Customer
- Introduction of New Biocides
- Smart Use of Technology
- Mergers and Acquisitions
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