Summary
The global Pest Defense Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Overview:
Pest control or pest defense is the management of pest, which is a member of the animal kingdom that affects human activities adversely. In layman’s terms, pest control is killing or repelling attacks of pests such as insects, bed bugs, and rodents. Different types of professional treatments are used to kill or control pest populations such as biological, chemical, and mechanical. Inspection is considered as the fundamental step in pest defense. The global pest defense market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global pest defense market is expected to witness significant growth during the forecast period, owing to the effects of climate change on pest proliferation.
Market Driver:
Increasing instances of insects-related disease outbreaks are expected to drive the growth of the global pest defense market during the forecast period. Pests are responsible for vector-borne human diseases such as Lyme disease. According to the Centers for Disease Control and Prevention (CDC), Lyme disease is the most common vector-borne disease in the U.S. According to the U.S. Environmental Protection Agency (EPA)’s Climate Change Indicators in the U.S report, 2016, there have been around 20,000-30,000 confirmed cases of Lyme disease every year reported to the CDC. Thus, high incidence, of such diseases is expected to drive market growth. Furthermore, proactive public health initiatives are expected to propel the global pest defense market growth over the forecast period.
Market Restraint:
Risk associated with pesticide storage and high registration costs for product approval is expected to hamper the global pest defense market growth over the forecast period.
Regional Insights:
Among regions, North America is expected to witness lucrative growth in the global pest defense market during the forecast period. This is owing to high awareness related to pest attacks and associated damages. Furthermore, Asia Pacific is expected to register significant growth rate over the forecast period, owing to rapid infrastructure development in emerging economies such as China and India.
Competitive Section:
- Key players operating in the global pest defense market are BASF, Terminix, MGK, Rollins, Bonide Products, Rentokil Initial, Willert Home Products, Anticimex, Ortho, Killgerm, SC Johnson, Ecolab, Spectrum Brands, Massey Services, Harris, and advanced.
- Key players operating in the market are focused on product launches, in order to expand the product portfolio. For instance, in July 2019, BASF SE, a Germany-based chemical company, introduced Velifer, a biological insecticide and received registration from the Australian Pest and Veterinary Medicine Association.
- The Pest Defense Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Pest Defense Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Terminix
- Rollins
- Rentokil Initial
- Anticimex
- Killgerm
- Ecolab
- Massey Services
- BioAdvanced
- BASF
- Harris
- Spectrum Brands
- SC Johnson
- Ortho
- Willert Home Products
- Bonide Products
- MGK
By the Product Type, the market is primarily segmented into:
- Pest Defense Products
- Pest Defense Services
By Applications, the market is segmented into:
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Pest Defense Market Report:
- To assess the size of the market by value and volume
- Analyze the Pest Defense Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Pest Defense Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Pest Defense Market
The Pest Defense Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Pest Defense Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into the specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Request Discount 
Inquire Before Buy
