Which Countries are Big Markets for Termite Bait Products With individuals and industries alike are looking for easy-to-install and less intrusive termite bait systems, manufacturers are spending more on R&D to make better products and improve overall efficacy. Manufacturers of termite bait products are improving their service portfolios by assuring regular checkups and appointing skilled professionals for maintenance purposes. Market players are also making eco-friendly products that are also durable at the same time, besides investing in new techniques such as three bait toxicants especially meant for subterranean termites. For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=5803 As per a new report published by Fact.MR, the global termite bait products market is projected to reach a revenue US$ 2.8 million by the end of 2031. In terms of revenue, the market is estimated to expand at a CAGR of around 5% over the forecast period of 2021 to 2031. Key Takeaways from Market Study
The termite bait system products market is anticipated to see growth of 1.5X by 2031. North America is the biggest market for termite bait products in the world, and demand here will rise further over the coming years. Asia is the fastest-growing market for termite bait products. Launch of new eco-friendly termite bait products is lending added impetus to market growth. Subterranean termites are the most common types of termites, and they are accountable for 85% of total damage.
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Termite o Subterranean Termite Bait Products o Dampwood Termite Bait Products o Drywood Termite Bait Products Bait Type o Termite Bait Devices o Liquid Eradication Method for Termites
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