The European pest control market was expected to be valued at USD 6.31 billion in 2023 and is anticipated to reach USD 6.63 billion in 2024 from USD 9.80 billion by 2032, growing at a CAGR of 5.01% from 2024 to 2032.
Pest control is the regulation and management of different biological organisms that are harmful to the human population either directly or by adversely affecting human activities. Common pests such as termites, cockroaches, and certain reptiles affect humans daily by interfering in agricultural, industrial, and residential activities. For ensuring a hygienic lifestyle where pests affect day-to-day life the least, pest control management is carried out. Other than this, general pest control in homes is also a major business industry today.
The fundamental objective behind pest control includes controlling the organisms that affect human activities adversely, without disturbing the ecosystem too much. Pest control is of the utmost importance in the agricultural industry, where a single bad season can lead to global food shortage. At the same time, common pesticides cannot be used here as it may lead to undesirable changes in the produce. So, the pest control industry is one that hangs in the balance, and too much or too little can drastically change outcomes across the region.
When it comes to drivers of the European pest control market, it is the upsurge in disposable income that predominates. The overall economic situation in the region leads to people spending more money on secondary requirements. Another factor that is prevalent across all regions is the increasing human population. As the human population increases the demand for land as well for food increases drastically. There is bound to be an inevitable collision between humans and wildlife as humans encroach upon more areas to live in.
The increased demand for food means that global production is just enough to cover the entire human population, so any loss of crop produce to pests can collapse the entire demand and supply chain. Regarding the restraints of the industry in Europe, the introduction of biocides is a major factor. Most of the research on biocides is done in the European region and as a result of the products also come into the market here first. This poses a fierce competition to pesticides as the advantages of Biocides over it are numerous. Also, mergers and acquisitions are frequently occurring in the region. This discourages companies from investing more in the industry.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2023 to 2032 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2032 |
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CAGR |
5.01% |
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Segments Covered |
By Types of Pest Control, By Types of Pest, By Application |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
Italy, France, Germany, U.K, Spain |
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Market Leaders Profiled |
BASF SE (Germany), Rentokil (U.K) and Syngenta (Switzerland). In addition to this, US-based companies such as Bell, Terminix, Ecolab, and Dow also operate in the region. |
Europe market has the second-highest market share of all regions coming in at 25% market share. The CAGR is also below the global average coming in at 5.01%.
Some of the major companies dominating the market, by their products and services include BASF SE (Germany), Rentokil (U.K), and Syngenta (Switzerland). In addition to this, US-based companies such as Bell, Terminix, Ecolab, and Dow also operate in the region.
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