The latest study by Fact.MR assumes that the market for termite control services will continue to be sluggish in 2018 with sales growth of just under 165 million US dollars in 2017. Bringing together various aspects ranging from the shift to contracted termite control services and their use of semiochemicals as an environmentally friendly alternative to pesticides should support the growth of the termite control service market.
The report assumes that the demand for contracted termite control services has grown rapidly in recent years compared to the decline in outstanding ad hoc services. Revenue from contracted termite control services will increase threefold that of ad hoc services by 2027. The rapid increase in contracted services is aided by the fact that stringent legal requirements are requiring key industries, including food and beverages, to enter into pest control contracts, speaking of product hygiene.
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According to a new Fact.MR study, the market for termite control services remains marginally concentrated and marginally fragmented. Emerging gamers, which include a cohort of local termite control service providers, continue to track bulk revenue shares, while Tier 1 players collectively account for nearly a quarter of revenue shares. Emerging companies like Massey Services Inc. and Porch.com Inc. continue to focus in the termite control services market on providing specific service offerings and competitive pricing to drive revenue. On the other hand, the focus of Tier 1 players like Rentokil Initial Plc and Rollins Inc. continues to focus on market consolidation through the acquisition of local players.
Termite Control Services Market
Global Termite Control Services Market: Segmentation
For a clearer understanding of the Termite Control Services market, analysts have segmented the market. The segmentation was done on the basis of application, technology and users. Each segment was further explained using graphics. This division of the market gives readers an objective view of the global termite control services market, which is essential for solid investments.
A market research study is incomplete without regional analysis and we are aware of this. It is for this reason that the report includes a comprehensive and comprehensive study focusing solely on the geographic growth of the global Termite Control Services Market. The study also provides accurate estimates of market growth on a global, regional, and country level. You can understand why some regional markets are thriving while others are experiencing declining growth. You can also focus on regions that have the potential to create lucrative prospects in the near future.
The following questions The answers covered in the report are as follows:
- How will the global termite control services market develop during the forecast period? How big will the market be in terms of value and volume?
- What segment will drive the global Termite Control Services Market? Which regional market will grow strongly in the future? What are the reasons?
- How will market dynamics change due to the impact of future market opportunities, restraints and drivers?
- What are the key players strategies to compete in the global Termite Control Services Market?
- How will these strategies affect market growth and competition?
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Regional analysis includes
- North America (USA, Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, rest of LATAM)
- EU – (Germany, France, Italy, Spain), Great Britain, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic etc.), rest of Europe
- CIS & Russia
- Japan
- Asia-Pacific excluding Japan (Greater China, India, South Korea, ASEAN countries, rest of the APEJ)
- Middle East and Africa (GCC countries, Turkey, Iran, Israel, South Africa, rest of the MEA)
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Competitive landscape
Termite Control Services Market report provides actionable insights into the supply and demand trends of Termite Control Services worldwide, along with a detailed assessment of the competitive landscape of the Termite Control Services market. The report includes extensive data on prominent and emerging termite control service providers, as well as studies on their product overview, company overview, key developments and financial metrics. Major players in the termite control services market include Sanix Incorporated, Arrow Exterminators Inc., Massey Services Inc., and Anticimex.
Some of the key developments made by leading termite control services market players and government agencies are listed below:
- Prime Termite recently introduced its green termite treatment techniques, namely Bora-Care Foaming for exterior and interior structures of residential and commercial buildings and Thermigation (Heat-Plus treatment) for dry wood termites. These are said to be state-of-the-art and environmentally friendly termite control treatments that no longer use natural and organic chemicals.
- The Australian Environmental Pest Management Association (AEPMA) is committed to promoting a culture of innovation and professionalism in pest control such as termite control services in associated and related industries, including construction and construction. This Code of Conduct was created to promote interest groups involved in engaging termite control services. Initiatives such as the “Gold Standard” code of ethics, a higher standard of education and training for market participants in termite control services, the development of the “National Competence Standards” and professional accreditation via PestCert have been taken by AEPMA to promote innovation in the EU termite control services market.
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