Termite Control Market Size to Grow by USD 1.2 Bn, Commercial Segment will be Largest Revenue-generating Application Segment – Technavio – QNT Press Release


NEW YORK, Oct. 24, 2022 /PRNewswire/ — The Termite Control Market size is expected to grow by USD 1.2 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.48% during the forecast period, according to Technavio. The increasing demand from the agriculture sector is driving the termite control market growth. However, factors such as the increasing availability of DIY termite control products may challenge market growth.

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Termite Control Market 2022-2026: Segmentation

Termite Control Market is segmented as below:

  • Application
    • Commercial
    • Residential
    • Agriculture
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • Middle East And Africa
    • South America

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. Buy Full Report

Termite Control Market 2022-2026: Revenue-generating Product Segment

The termite control market share growth in the commercial segment will be significant during the forecast period. The commercial segment was the largest segment of the global termite control market in 2021 and will continue to remain the largest segment during the forecast period. The stringent regulatory requirements to keep the threat of termite infestation under control lead to the high demand for termite control services from the commercial sector. Audits are mandatory by many government authorities for certifications, such as ISO 9001 and ISO 22000, in the commercial sector. Such factors in the The commercial segment will boost market growth during the forecast period.

Termite Control Market 2022-2026: Scope

The termite control market report covers the following areas:

Termite Control Market 2022-2026: Vendor Landscape

The global termite control market is fragmented due to the presence of a significant number of global and regional vendors. These vendors are included in the report based on their offerings to the global termite control market. They are identified based on their revenue, market dominance, geographical presence, product portfolio, and financials. Vendors compete based on several factors, such as quality, price, service, brand image, distribution, and marketing. Regulations compelling the use of eco-friendly products and techniques have brought more competition to the industry . Therefore, the launch of new eco-friendly termite control products will intensify the competition in the market in focus during the forecast period.

We provide a detailed analysis of around 25 vendors operating in the termite control market, including Annex Pest Control, Anticimex International AB, Aptive Environmental LLC, Arrow Exterminators Inc, BASF SE, China National Chemical Corp. Ltd., Dodson Pest Control Inc., Dow Inc., Dynamic Sanito SEA Pte. Ltd, Ecolab Inc., FMC Corp., Green Pest Solutions, Lifecycle Pest Control and Sanitization services, Lloyd Pest Control, Massey Services Inc., Nikkei Inc., Pelsis Ltd., Rentokil Initial Plc , Rollins Inc., SANIX Inc., and Sumitomo Chemical Co. Ltd.

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Termite Control Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist termite control market growth during the next five years
  • Estimation of the termite control market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the termite control market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of termite control market vendors
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Automated Pest Monitoring System Market by End-user and Geography – Forecast and Analysis 2022-2026: The automated pest monitoring system market share for the agriculture sector is expected to increase by USD 103.2 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 9.28%.

Termite Control Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a…

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