Exterminating & Pest Control Services Industry Profile

View Full Sample Add To Cart

Excerpt from Exterminating & Pest Control Services Industry Profile

Companies in this industry exterminate and control insects and other pests. Major companies include US-based EcoLab, Terminix (owned by ServiceMaster), and Orkin (owned by Rollins), as well as the pest control operations of Anticimex (Sweden) and Rentokil Initial (UK).

The global pest control market is forecast to reach more than $20 billion in 2021, at a compound annual growth rate (CAGR) of 5.25% during the 2021-2030 forecast period, according to Quince Market Insights. The growing demand for exterminating and pest control services is due to the prevention of damaging public property and causing diseases from pests and an increase in global population. Companies in the industry typically operate locally and regionally, but some large companies are beginning to expand internationally.

The US pest control services industry includes about 14,500 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $13 billion. Companies that provide pest control services related to agricultural and timber production are not included in the industry.

COMPETITIVE LANDSCAPE

Demand is driven by sales and occupancy of residential, commercial, and industrial properties. The profitability of individual companies depends on providing good service. Large companies benefit from brand recognition and economies of scale in purchasing and administration, as well as from the ability to serve commercial accounts that include locations in multiple markets. Small companies can compete successfully by specializing in a type of service or ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Related Profiles

Here are a few profiles related to Exterminating & Pest Control Services that you also might be interested in viewing:

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options