New research suggests that the global pest control services market is expected to grow by £6.8 billion during 2022-2026, accelerating at a CAGR of 6.16% during the forecast period.
ReportLinker’s report on the pest control services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment.
Analysts said the market is driven by an increase in demand for insurance-based pest control services, growing hospitality, pharmaceutical, and food processing industries, and the complexity of pest control procedures and safety protocols for chemicals used in pest control.
This research identifies the market consolidation through M&A as one of the prime reasons driving the pest control services market growth during the next few years.
Also, an increase in the deployment of digital pest control services and growth in emerging markets will lead to sizable demand in the market, analysts said.