NEW YORK, October 24, 2022 /PRNewswire/ — The size of the termite control market is expected to continue growing $1.2 billion from 2021 to 2026. Moreover, according to Technavio, the growth momentum of the market is set to accelerate at a CAGR of 5.48% during the forecast period. Increasing demand from the agricultural sector is driving the growth of the termite control market. However, factors such as increasing availability of home improvement termite control products may challenge market growth.
Technavio has announced its latest market research report titled Global Termite Control Market 2022-2026
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Termite Control Market 2022-2026: Segmentation
The termite control market is segmented as follows:
Learn about the contribution of each segment, summarized in concise infographics and detailed descriptions. Buy full report
Termite Control Market 2022-2026: Revenue-Generating Product Segment
The growth of termite control market share 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 remain the largest segment during the forecast period. The stringent governmental requirements to control the threat of termite infestations result in high demand for commercial termite control services. Audits are required by many government agencies for certifications such as ISO 9001 and ISO 22000 in the commercial sector. Such factors in the commercial segment will boost the market growth over the forecast period.
Termite Control Market 2022-2026: Scope
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 suppliers. 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, geographic footprint, product portfolio and financials. Vendors compete based on multiple factors such as quality, price, service, brand image, distribution and marketing. Regulations enforcing the use of environmentally friendly products and techniques have brought more competition to the industry. Therefore, the introduction of new eco-friendly termite control products will intensify the competition in the focused market over the forecast period.
The story goes on
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
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CAGR of the market over the forecast period 2022-2026
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Detailed information on factors that will support the growth of the Termite Control Market over the next five years
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To estimate the size of the termite control market and its contribution to the parent market
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Predictions about upcoming trends and changes in consumer behavior
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– The growth of the Termite Control market
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Analysis of the competitive landscape of the market and detailed information about vendors
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Comprehensive details of factors disrupting the growth of the Termite Control market vendors
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Automated Pest Monitoring Systems Market by End-User and Geography – Forecast and Analysis 2022-2026: Automated Pest Monitoring Systems for Agriculture Sector Market Share is expected to increase by $103.2 million from 2020 to 2025, and the growth momentum of the market 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 Dynamics & CAGR |
Accelerate with a CAGR of 5.48% |
Market growth 2022-2026 |
$1.20 billion |
market structure |
fragmented |
YoY Growth (%) |
4.77 |
Regional Analysis |
North America, Europe, APAC, Middle East & Africa and South America |
make a market contribution |
North America at 42% |
Important consumer countries |
USA, China, India, Germany and France |
competitive landscape |
Leading companies, competitive strategies, levels of consumer engagement |
company profiled |
Appendix 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. |
market dynamics |
Root market analysis, market growth drivers and barriers, fast growing and slow growing segment analysis, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period. |
customization area |
If our report does not contain the data you are looking for, you can contact our analysts and have segments adjusted. |
Table of Contents :
1. Summary
2 market landscape
3 market size
4 Five Forces Analysis
5 Market Segmentation by Application
6 customer landscape
7 Geographical Landscape
8 drivers, challenges and trends
9 provider landscape
10 Vendor Analysis
11 Appendix
about us
Technavio is a leading global technology research and consulting firm. Her research and analysis focuses on trends in emerging markets and provides actionable insights that help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies from 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive reporting, extensive research and actionable market insights to identify opportunities in existing and potential markets and to assess their competitive position in changing market scenarios.
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Technavio Research
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Global Termite Control Market 2022-2026
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