What Industry Sector Is Pest Control?
Across the world, there is a need for pest control services. Whether it is a single insect or a full-scale infestation, it affects human lives and activities. Moreover, it can also disrupt production processes and lead to the loss of revenue. Moreover, pests are responsible for the spread of diseases such as malaria and dengue. They also cause damage to property and food crops. Consequently, it is essential to control them and prevent pest-borne diseases.
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The pest control market is expected to experience rapid growth in the future. This industry is gaining traction due to the increasing concern about the rising population of vector-borne diseases. The World Health Organization estimates that over 7,00,000 people die annually from these diseases. It is therefore imperative to use pest control methods in commercial and residential areas to prevent the spread of these diseases.
Insects are the most common types of pests and they represent a large portion of the pest population. They need different products to be controlled. These products can be chemical pesticides or biological solutions. Biological solutions are less toxic and are harmless to humans.
Due to the toxic nature of pesticides, government bodies monitor the use of these products. Moreover, manufacturers must follow the guidelines set by state-level authorities. It is imperative to use low-toxic pesticides to avoid adverse health effects. Chemical pest control products are further categorized into insecticides, pheromones, and plant extracts.
Increasing use of pest control products in commercial and residential areas is expected to drive the market in the Asia Pacific region. In addition, the presence of mosquito-borne diseases such as dengue, malaria, and Fiji is also expected to fuel the market in this region. In addition, the increasing awareness about pest attacks is also expected to contribute to market growth. The North American market is projected to retain its largest share in the global pest control market.
The Asia Pacific market is projected to register the fastest revenue growth in the next few years. In addition, the growing population of consumers is also expected to lead to an increase in demand for pest control products. However, the lack of skilled and well-trained professionals in this area can also pose a major hindrance to the industry.
Pest control products are monitored by the United States Environmental Protection Agency (EPA). Moreover, the US EPA is also subject to regulation by state-level authorities. Moreover, the pesticide registration process is one of the major factors that are preventing the market from expanding further. However, the presence of major global players is expected to boost the market during the forecast years.
The report covers an in-depth analysis of the overall pest control market and provides qualitative and quantitative insights. It also provides an overview of the related markets and discusses the major trends that are expected to affect the pest control industry.
The report also includes an overview of the industry’s overall growth rate and a detailed analysis of the key segments of the market. These segments are based on the type of pest, control method, and application.