Pest Control Services Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026
Pest control is the management and regulation of a variety of living organisms that adversely impact human activities. Pests such as cockroaches and termites hinder several agricultural, commercial, industrial, and residential activities. Pest control services performed to eliminate these pests in order to ensure hygiene and good health. Pest control services include, chemical control, mechanical control, and synthetic control among others. Request For Sample Copy of this Research Report :​https://www.coherentmarketinsights.com/insight/request-sample/902 Among region, North America is expected to hold dominant position in the global pest control services market. The U.S. Department of Agriculture (USDA) actively focuses on pest research and control programs and actively funds for pest control projects. For instance, in 2014, USDA approved US$ 48.1 million in Farm Bill for the projects aimed at preventing the introduction or spread of invasive pests. Moreover, growing tourism industry in the U.S is one of the major factors driving growth of the pest control services market in the region. This is owing to increasing demand for hygienic stays. According to the data published by the World Travel & Tourism Council, the U.S travel & tourism industry contributed US$ 1,501.9 billion in 2017, which was 7.7% of the U.S GDP. However, pest management is regulated by the U.S Environmental Protection Agency (EPA) and regulatory clearance and approval procedures from the government, EPA, and other health organizations is a time consuming procedure. Moreover, firms offering pest control services in the U.S must be licensed by the particular state. Therefore, time constraints, scheduling conflicts, stringent regulatory clearance, and lengthy approval procedures are some of the factors restraining the market growth. Global pest control services market was valued at US$ 16,179.8 Mn in 2017 and is projected to increase to US$ 24,105.7 Mn by 2025, witnessing a CAGR of 5.1% over the forecast period.