Cleaning Up: Pest Control in Canada Industry Market Research Report Now Available from IBISWorld

The rising ubiquity of bed bugs has fuelled demand for pest extermination professionals over the past five years, underpinning robust industry revenue growth. For these reasons, industry research firm IBISWorld has added a report on the Pest Control industry to its growing industry report collection.

Los Angeles, CA (PRWEB) March 09, 2013

Pest control services in Canada are traditionally geared toward the commercial market, which makes up an estimated 80.0% of industry revenue, according to information from Pest Control Technology. Pest control operators are increasingly targeting residential customers and diversifying their service lines, however, in order to take advantage of more untapped markets. This trend is expected to accelerate over the coming five years, says Moldvay, partly because greater regulations aimed at some over-the-counter pesticide products are expected to take effect, limiting competition from substitute products.

The Pest Control industry has a moderate degree of market share concentration that has expanded over the past five years. Larger companies have pursed targeted acquisitions in order to increase the density of their client base. With high transportation costs, larger pest control companies are increasingly acquiring nearby companies to expand the number of clients they serve within their immediate vicinity. For instance, in 2009, Orkin Canada acquired British Columbia-based Advanced Pest Control and Bug-R-off Pest Control.

Over the five years to 2018, the Pest Control industry is expected to continue its upward trajectory. Bed bugs are expected to become increasingly present in both homes and commercial establishments, keeping demand for pest extermination professionals steady, particularly in urban areas. The strong demand will foster product development over the next five years, particularly in the areas of heat-based solutions, given increasing insecticide resistance. For more information, visit IBISWorlds Pest Control in Canada industry report page.

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IBISWorld industry Report Key Topics

This industry provides bird control and extermination services for bed bugs, mosquitoes, rodents, termites and other insects and pests for residential and commercial clients. Operators also provide fumigation services. This industry does not include companies that provide pest control for agriculture or forestry purposes.

Industry Performance

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Cleaning Up: Pest Control in Canada Industry Market Research Report Now Available from IBISWorld