Market Overview:
The global termite control products and services market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for termite control products and services due to the growing awareness about their benefits among consumers, as well as rising construction activities across the globe. In terms of type, the termite control products segment is expected to dominate the global market during the forecast period, owing to its high adoption rate among consumers. By application, residential applications are expected to account for a major share of the global market during 2018-2030 owing to an increase in new housing constructions across regions such as North America and Europe.
Product Definition:
Termite control products and services protect a home or building from termites. Termites are very important because they help break down organic matter, but can cause significant damage to homes and buildings if left untreated.
Termite Control Products:
TERMITE control products are used to prevent or reduce the population of termites in a structure. They can be applied to wood as well as non-wooden structures such as concrete, plastic, and metal. Termite control products include various chemicals that are used for detecting termite presence and also for fumigating the area before its construction. TERMITE control services comprise inspection, detection & treatment of pests along with restoration & maintenance services after completion of treatment procedure.
Termite Control Services:
Termite control services are the systematic and planned approach used to prevent or reduce infestations of termites in a building. Termite control products include various types of insecticides that are applied to the woodwork, which is expected to be consumed by termites. The type of product used depends on factors such as species, life stage, food source (dried fruit), and climatic conditions in different regions across the globe.
Application Insights:
The commercial category dominated the global market with a revenue share of over 60% in 2017. The growth can be attributed to an increase in infrastructural development and construction activities across developing countries, such as India, China and Bangladesh. In addition, expansion of retail shopping malls at a global level has increased the penetration of pest control products for termites globally.
Residential is expected to be the fastest-growing application segment from 2018 to 2030 owing to increasing urbanization and construction activities in developing countries including India, China and Bangladesh. Furthermore, rising purchasing power along with standard living increases across various regions is anticipated to drive demand for termite control products & services globally over the forecast period. Increasing spending on home remodeling projects coupled with high consumer awareness regardingtermite prevention will further fuel product demand within this segment during future years according to research studies conducted by NCBI and IPEN respectively.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to extensive termite control activities being undertaken by regulatory bodies, such as the Termite Protection Association (TPA) and state governments. For instance, according to a 2015 white paper on termites published by North American Termite Control Association (NATA), more than 13 million homes in U.S.
Asia Pacific is expected to register significant growth over the forecast period owing to increasing infrastructural development activities and rising population across key countries such as India, China, Indonesia, Malaysia and Thailand among others. These factors are anticipated to boost product demand across these countries during the forecast period from 2018-2030 (forecast).
Growth Factors:
- Increasing awareness about termites and their damage to property
- Rising demand for eco-friendly and green pest control products and services
- Growing construction industry in developing countries
- Proliferation of the real estate sector
- Increased spending on home improvement and renovation
Scope Of The Report
Report Attributes
Report Details
Report Title
Termite Control Products and Services Market Research Report
By Type
Termite Control Products, Termite Control Services
By Application
Residential, Commercial
By Companies
Terminix, Rollins, Rentokil Initial, Anticimex, Killgerm, Ecolab, Massey Services, BioAdvanced, BASF, Harris, Spectrum Brands, SC Johnson, Ortho, Willert Home Products, Bonide Products, MGK
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Termite Control Products and Services Market Report Segments:
The global Termite Control Products and Services market is segmented on the basis of:
Types
Termite Control Products, Termite Control Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Terminix
- Rollins
- Rentokil Initial
- Anticimex
- Killgerm
- Ecolab
- Massey Services
- BioAdvanced
- BASF
- Harris
- Spectrum Brands
- SC Johnson
- Ortho
- Willert Home Products
- Bonide Products
- MGK
Highlights of The Termite Control Products and Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Termite Control Products
- Termite Control Services
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Termite Control Products and Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Termite control products and services are designed to help prevent or eliminate termites from infesting your home. These products can include baiting systems, subterranean termite detection, and treatment.
Some of the key players operating in the termite control products and services market are Terminix, Rollins, Rentokil Initial, Anticimex, Killgerm, Ecolab, Massey Services, BioAdvanced, BASF, Harris, Spectrum Brands, SC Johnson, Ortho, Willert Home Products, Bonide Products, MGK.
The termite control products and services market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Termite Control Products and Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Termite Control Products and Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Termite Control Products and Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Termite Control Products and Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Termite Control Products and Services Market Size & Forecast, 2018-2028
4.5.1 Termite Control Products and Services Market Size and Y-o-Y Growth
4.5.2 Termite Control Products and Services Market Absolute $ Opportunity
Chapter 5 Global Termite Control Products and Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Termite Control Products and Services Market Size Forecast by Type
5.2.1 Termite Control Products
5.2.2 Termite Control Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Termite Control Products and Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Termite Control Products and Services Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Termite Control Products and Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Termite Control Products and Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Termite Control Products and Services Analysis and Forecast
9.1 Introduction
9.2 North America Termite Control Products and Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Termite Control Products and Services Market Size Forecast by Type
9.6.1 Termite Control Products
9.6.2 Termite Control Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Termite Control Products and Services Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Termite Control Products and Services Analysis and Forecast
10.1 Introduction
10.2 Europe Termite Control Products and Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Termite Control Products and Services Market Size Forecast by Type
10.6.1 Termite Control Products
10.6.2 Termite Control Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Termite Control Products and Services Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Termite Control Products and Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Termite Control Products and Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Termite Control Products and Services Market Size Forecast by Type
11.6.1 Termite Control Products
11.6.2 Termite Control Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Termite Control Products and Services Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Termite Control Products and Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Termite Control Products and Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Termite Control Products and Services Market Size Forecast by Type
12.6.1 Termite Control Products
12.6.2 Termite Control Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Termite Control Products and Services Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Termite Control Products and Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Termite Control Products and Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Termite Control Products and Services Market Size Forecast by Type
13.6.1 Termite Control Products
13.6.2 Termite Control Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Termite Control Products and Services Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Termite Control Products and Services Market: Competitive Dashboard
14.2 Global Termite Control Products and Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Terminix
14.3.2 Rollins
14.3.3 Rentokil Initial
14.3.4 Anticimex
14.3.5 Killgerm
14.3.6 Ecolab
14.3.7 Massey Services
14.3.8 BioAdvanced
14.3.9 BASF
14.3.10 Harris
14.3.11 Spectrum Brands
14.3.12 SC Johnson
14.3.13 Ortho
14.3.14 Willert Home Products
14.3.15 Bonide Products
14.3.16 MGK
