Pest Management Services Market Size, Share & Trends Analysis Report By Type (Chemical, Mechanical, Biological, Others), By Pest Type (Insects, Termites, Rodents, Others), By Applications (Commercial, Residential, Agriculture, Industrial, Others) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Market Overview

The global pest management services market size was valued at USD 14.6 billion in 2022. It is estimated to reach USD 24.3 billion by 2031, growing at a CAGR of 5.75% during the forecast period (2023–2031).

Pesticides are substances or chemical mixtures that eliminate, deter, minimize, or lessen pests or pest-related harm. Controlling the proliferation of particular bug species that harm human health is called pest management. There is a need for pest management since insects like house flies, bed bugs, and cockroaches prefer to live in areas with human activity, which can cause major health problems. It refers to controlling the spread of any pest that endangers the health of people, property, or crops.

Various pest control products are utilized in pest management services to prevent the spread of different pest species. Although many specialized service-providing organizations also offer pest management facilities, pest control product manufacturers typically provide pest management services. In addition, consumers use the do-it-yourself (DIY) approach to pest management in the residential sector.

Highlights

• Chemical dominates the type segment
• Insects dominate the pest type segment
• Commercial dominates the application segment
• North America is the highest shareholder in the global market

Market Dynamics

Global pest management services market drivers

Constant global climate shifts

The growing season is extended and plant growth is accelerated by warmer weather. Insects' metabolic and reproductive rates both increase. Warmer temperatures during the growing season could cause insects that only reproduce twice yearly to start having third-generation offspring. As a result of the effects of climate change on insect populations, the world's food supply chain faces increased risks to public health. In addition, the stakes are higher for food producers to be aware of the threats posed by pests and to collaborate closely with a pest control partner to devise measures to counteract those dangers. Therefore, the need for pest management services is driven by the increased prevalence of pests due to climate change.

Availability of pest management goods and services

The control of pests has merged with everyday living. The population of pests has increased due to drastically altering lifestyles and population trends. Over time, pest control has become incredibly important in agriculture to get the highest crop production. Additionally, increased pollution has promoted bug growth, which reduces crop production. Therefore, governments in many nations have been obliged to enact different crop management policies and require using insecticides. A surge in the implementation of such policies has resulted in a constant supply of pest control services in the market, enabling consumers to access these goods and services. Several commercial organizations have joined the market to offer pest management services as the governments have begun to practice crop management. As a result, the accessibility of pest-related goods and services increases consumer frequency and the market's expansion.

Global pest management services market restraint

Health hazards related to chemicals in pest control products

Biocides, known as pesticides, are created to kill or deter animals, weeds, rodents, fungi, and other organisms that harm public health. They operate by attacking pest enzymes or systems that may be identical to or comparable to human systems. As a result, they provide serious dangers to the environment and human health. Pesticides can also be hazardous to non-target plants, fish, birds, and helpful insects, in addition to the insects or weeds they are intended to kill. Excessive pesticide use can contaminate turf, water, and other vegetation.

Furthermore, eating food tainted with poisonous chemicals hurts human health. Long-term pesticide exposure may cause various diseases, including cancer, genotoxicity, blood disorders, neurological, psychological, and behavioral issues, hormonal imbalances that cause infertility and breast pain, immune system dysfunction, and reproductive system defects. Therefore, the negative health consequences of pesticides employed in pest management techniques hinder expanding the global market for pest management services.

Global pest management services market opportunities

Growing trend of organic pesticides

Chemicals used in pest control pose a serious threat to non-targeted habitats such as the air, water, and soil. However, it is predicted that using and researching environmentally friendly pesticides and herbicides will lessen these negative effects, making them eco-friendly for people, the environment, and other living things. In addition, organic pest control techniques provide less harm and toxicity to aquatic, terrestrial, and insect life that is not intended as a target. For instance, in 2018, Terramera introduced RANGO, a plant-based insecticide with exceptionally potent active components derived from plants. Due to the growing demand for bio-based chemicals in the chemical sector, many plant-based pesticides are now under development. They are expected to create lucrative opportunities for the market's expansion.

Regional Analysis

Based on region, the global market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

North america dominates the global market

North America is the most significant global pest management services market shareholder and is estimated to grow at a CAGR of 4.81% over the forecast period. North America's pest management services accounted for around 70% of the global market share, and this trend is predicted to continue during the projection period. Due to a rise in construction repair operations in the region, North America's pest management services market is predicted to have a high development potential. According to industry analysts, construction will continue to experience tremendous growth over the upcoming years. Additionally, the market for pest management services in North America is anticipated to grow as concerns about the projected need for food supply by 2050 rise. A continual demand for termite control services from the residential and commercial sectors to prevent property damage is also anticipated to fuel market expansion in the coming years.

Europe is expected to exhibit a CAGR of 5.6% over the forecast period. The agricultural sector in Europe has undergone a radical transformation over the past decade. The regional market is predicted to expand significantly in the next years due to increased product launches, mergers, and acquisitions. The demand for pest management services is rapidly increasing as more developed facilities are renovated and remodeled, fueling market expansion. In addition, the need for pest control methods is anticipated to grow over the projected period, even though the market for pest management services in Europe has reached its peak maturity. This is explained by the local climate encouraging pest reproduction and increasing demand for pest management services.

Asia-Pacific is predicted to witness the highest CAGR during the forecast period due to growing pest control measures usage and population growth. Asia-Pacific's pest management services market is expanding due to inexpensive labor, cheap manufacturing costs, and widespread use of pest control techniques in industrial, residential, and agricultural settings. Due to the rapid expansion in applications in the construction and agricultural sectors, emerging markets like South Korea and India are anticipated to significantly contribute to the growth and development of pest management approaches. In addition, Asia was anticipated to invest between USD 8 and USD 9 trillion in infrastructure development between 2010 and 2020 to maintain its economy, which is anticipated to increase demand for pest control services.

LAMEA is a region that is still developing in terms of market expansion. The modest growth in this area is mostly due to the relatively low adoption of pest-related management methods, slower economic growth, and traditional pest remedies. It is predicted that the expansion of the construction sector in Brazil, the KSA, and South Africa will drive the market for pest management services over the forecast period. According to International Tower Cranes 2012, Latin America's building market was worth USD 550 billion and expanded at a 6% annual rate in 2010. The Middle East and Africa construction industry was worth about USD 4.5 billion in 2011, or about 5% of the total annual market. Therefore, the construction sector's growth is projected to be a primary factor driving the market for pest management services in the LAMEA region.

Segmental Analysis

The global market is bifurcated into type, pest type, and application.

Based on type, the global market is bifurcated into chemical, mechanical, biological, and others.

The chemical segment dominates the global market and is projected to exhibit a CAGR of 5.3% over the forecast period. Chemical pest control refers to pest management techniques carried out with chemical pesticides. These are divided into nematicides, herbicides, insecticides, fungicides, rodenticides, and acaricides. Biological pesticides are preferred over chemical-based ones, even though chemical-based pesticides can also be very effective. The disadvantages of chemical-based pesticides include risk to applicators and fieldworkers; development of pesticide resistance; harm to beneficial organisms; and pesticide residue on food crops. Due to its affordability and ease of use, the chemical pest control method is the most popular. However, because of drawbacks such as groundwater contamination, the market for chemical pest management is expected to diminish in Europe. Chemical residues in plants and crops also impact animal and human health. 

Based on pest type, the global market is bifurcated into insects, termites, rodents, and others.

The insect segment owns the highest market share and is predicted to exhibit a CAGR of 5.6% over the forecast period. The majority of the invertebrate species on earth are insects. They can be found anywhere, even in extreme environments, including the Arctic, oil fields, tropical rainforests, glaciers, and mines. They pose a threat to people, farms, and cattle since they are parasitic and pathogenic to people. Some serious insect illnesses include plague, dengue, typhus, yellow fever, and malaria. Relapsing fever, encephalitis, river blindness, and sleeping sickness are other fatal signs that damage human health. Therefore, pest management practices are essential to safeguarding human health. Insect pest management techniques include mechanical, biological, and chemical approaches.

Based on application, the global market is segmented into commercial, residential, agriculture, industrial, and others.

The commercial segment dominates the global market and is predicted to exhibit a CAGR of 4.91% during the forecast period. Insects and rodents are the main pests found in institutional and commercial settings. Chemical and mechanical approaches are the most often employed pest control strategies in business settings to maintain high sanitary standards and cleanliness. Mechanical, biological, and chemical strategies can all be used to control insects.

The expansion of the pest control services market for insecticides has been largely supported by the rise in the usage of insecticides to remove insects in homes, businesses, farms, restaurants, and forest plantations. As crop losses from insects become more noticeable and demand for agricultural production rises due to an increase in world population, insecticides continue to be in high demand.

Recent Developments

• April 2023- Fox Pest Control ("Fox Pest Control" or the "Company") was acquired by Rollins, Inc., a leading global provider of consumer and business services. Fox Pest Control is based in Logan, Utah, and has over 1,300 employees. According to PCT 100 rankings, the Company is the 13th largest pest management company.
• February 2023- Envocare Pest Control Solutions, a Mumbai-based pest control service provider, was bought by parent company SILA through a 100% asset deal by Rentokil PCI, the top pest control and hygiene service provider in India and recognized for its competence in pest management.