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Pharmacy benefit management market
MOSQUITO CONTROL SERVICE MARKET REPORT OVERVIEW
The global mosquito control service market size was USD 779.4 million in 2021 and is projected to touch USD 1702.18 million by 2031, exhibiting a CAGR of 8.1% during the forecast period.
Mosquito control services are services which are offered to reduce the population of mosquitoes. Globally, it is a vital public-health practice. The service is provided to reduce damage to human health by mosquitoes. The service targets three different problems such as public health, economically impact tourism, and nuisance mosquitoes.
Growing rate of deadly diseases caused by mosquitos is predicted to propel market growth. Growing technological innovations for development of the service is estimated to surge market growth. Owing to multiple benefits such as cost-effective, long term effects, and specialized treatment of the area is predicted to accelerate market growth during the forecast period. Stringent government regulations about public health is projected to drive market growth. Growing R&D spending by market players for development of service is estimated to propel service demand.
COVID 19 Impact: Increasing Awareness Regarding Healthcare to Encourage Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with mosquito control service experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The spike in CAGR is attributable to the mosquito control service market growth and demand returning to pre-pandemic levels once the pandemic is over.
COVID-19 pandemic brought a higher focus on fitness and healthcare. Growing preference during pandemic for hygiene and clean environment boosted market growth. Increasing need to control spreading of virus accelerated service adoption. Further, government initiatives for pest control in outdoor and indoor spaces surged market growth. Post COVID-19, the very first step taken was disinfection activities which accelerated service adoption globally.
On the contrary, lockdown restrictions reduced service adoption for some time. Closure of construction activities and organizations globally hampered market growth. Further, lack of labor and employee declined production activities which hinder market growth.
LATEST TRENDS
"Growing Demand to Fewer Mosquitoes Rate to Foster Market Growth "
Increasing demand to reduce mosquitoes in residential and commercial areas is expected to accelerate market growth. Growing demand to control mosquitoes for public health safety is estimated to propel service adoption. Increasing spreading of diseases due to mosquito’s bite is projected to drive market growth. Growing demand to control mosquito breeding habitants to control spreading of disease is estimated to surge mosquito control service market growth. During rainy seasons, there is high breeding of mosquitoes which is expected to boost service adoption during the forecast period. Multiple areas such as pools, construction sites, and birdbaths are predicted to boost high adoption of the mosquito control service.
MOSQUITO CONTROL SERVICE MARKET SEGMENTATION
- By Type
Based on type, the market is divided into chemical control service, mechanical control service, and
others.
Chemical control service is the leading part of the type segment.
- By Application
On the basis of application, the market is classified into government, commercial, and residential.
Government is the leading part of the market application.
DRIVING FACTORS
"Increasing Demand to Control Spreading of Diseases to Stimulate Market Expansion "
Increasing rate of deadly diseases caused by mosquitos is estimated to fuel market growth. Growing awareness about controlling the spreading of diseases is projected to drive market growth. High demand to control mosquito population is projected to drive market growth. Increasing rate of spreading of diseases by mosquito’s bite is predicted to surge market growth. Further, the service has multiple benefits such as cost-effective, long term effect, and specialized treatment of the area is predicted to accelerate mosquito control service market growth. Necessity for better sleep is predicted to accelerate market growth during the forecast period. Also, growing mosquito population can be harmful for other animals is estimated to propel market growth. In addition, fleas and cockroaches can transmit malaria, dengue, plague, and sometimes asthmas. Such need to control virus is estimated to fuel market growth.
"Government Initiatives for Public Health Safety to Propel Market Growth"
Increasing government initiatives to control mosquitoes spreading is expected to accelerate market growth. High demand for clean environments and surroundings are estimated to positively influence market growth. Growing technological advancements in the service is predicted to fuel market growth. Further, increasing R&D spending for development of new equipment and treatment methods are projected to propel service demand. Increasing demand for long-term health relief is estimated to fuel market growth. Increasing demand to control spreading of diseases market growth during the forecast period.
RESTRAINING FACTORS
"Expensive Apparatus and High Initial Cost to Reduce Market Growth "
Expensive apparatus associated with the service is estimated to restrict market growth. High initial set up cost is projected to hamper mosquito control service market growth during the forecast period. Smoke and smell of the service pollute the air which may cause breathing issues for some time is estimated to hamper service adoption.
MOSQUITO CONTROL SERVICE MARKET REGIONAL INSIGHTS
"Growing Government Initiatives in Asia Pacific to Drive Market Share"
Asia Pacific is estimated to hold largest mosquito control service market share due to increasing government initiatives regarding prevention of diseases. Growing health awareness among population in the region is estimated to fuel market growth. Increasing need to control mosquito’s population is projected to drive market growth. Further, rising need to reduce spreading of diseases and promote better health is projected to fuel mosquito control service market growth during the forecast period.
North America is expected to show considerable market growth due to stringent government regulations about public health is projected to drive market growth. Growing R&D spending by market players for development of the service is estimated to propel service demand. High demand for clean environments and surroundings are estimated to positively influence market growth. Growing technological advancements in service is predicted to fuel market growth. Increasing demand to control spreading of diseases caused by is estimated to stimulate mosquito control service market growth during the forecast period.
KEY INDUSTRY PLAYERS
"Leading Players Adopt Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
LIST OF TOP MOSQUITO CONTROL SERVICE COMPANIES
- Rentokil Initial (U.K.)
- Mosquito Squad (U.S.)
- Rollins (U.S.)
- Ecolab (U.S.)
- Clarke (U.K.)
- Terminix (U.S.)
- Lawn Doctor (U.S.)
- Massey Services (U.S.)
- Mosquito Shield (U.S.)
- Mosquito Joe (U.S.)
- Mosquito Authority (U.S.)
- Arrow Exterminators (U.S.)
- Poulin’s Pest Control (Canada)
- Anticimex (Sweden)
- Turner Pest Control (U.S.)
- IKARI SHODOKU (Japan)
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 779.4 Million in 2021 |
Market Size Value By |
US$ 1702.18 Million by 2031 |
Growth Rate |
CAGR of 8.1% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type, Application & Region |
Frequently Asked Questions
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What value is the mosquito control service market expected to touch by 2031?
The global mosquito control service market is expected to reach USD 1702.18 million by 2031.
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What CAGR is the mosquito control service market expected to exhibit by 2031?
The mosquito control service market is expected to exhibit a CAGR of 8.1% by 2031.
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Which are the driving factors of the mosquito control service market?
Drivers of this mosquito control service market are increasing demand to control spreading of diseases and government initiatives for public health safety.
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Which are the top companies operating in the mosquito control service market?
Rentokil Initial, Mosquito Squad, Rollins, Ecolab, Clarke, Terminix, Lawn Doctor, Massey Services, Mosquito Shield, Mosquito Joe, Mosquito Authority, Arrow Exterminators, Poulin’s Pest Control, Anticimex, Turner Pest Control, and IKARI SHODOKU are the top companies operating in the mosquito control service market