Global Pest Control Services Market Will Exhibit Positive Impact During 2020-2024 | Growing Hospitality, Pharmaceutical, and Food Processing…

Technavio has been monitoring the global pest control services market, operating under the industrials sector. The latest report on pest control services market, 2020-2024 estimates it to register an incremental growth of USD 5103.00 million, at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Pest Control Services Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Anticimex International AB, Arrow Exterminators Inc., Asante Inc., Dodson Pest Control Inc., Ecolab Inc., Massey Services Inc., Rentokil Initial Plc, Rollins Inc., SANIX INC., and ServiceMaster Global Holdings Inc. are among some of the major market participants.

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Growing hospitality, pharmaceutical, and food processing industries have been instrumental in driving the growth of the market. However, the increasing availability of DIY pest control products might hamper market growth.

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Pest Control Services Market 2020-2024: Segmentation

Pest Control Services Market is segmented as below:

Based on geographic segmentation, over 45% of the market growth originated from North America during the forecast period. In addition, general pest control led the growth under the application segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

Pest Control Services Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pest control services market report covers the following areas:

This study identifies the growing deployment of digital pest control services as one of the prime reasons driving the Pest Control Services Market growth during the next few years.

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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavios in-depth research has direct and indirect COVID-19 impacted market research reports.

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Pest Control Services Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by End-user

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201019005472/en/

Contacts

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@technavio.com Website: http://www.technavio.com/

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Global Pest Control Services Market Will Exhibit Positive Impact During 2020-2024 | Growing Hospitality, Pharmaceutical, and Food Processing...