Industry Analysis & Industry Trends
The growing prevalence of bed bugs has led to sustained industry growth over the past five years. Growth in untapped markets, such as the residential market, will boost demand for industry services. Additionally, rising regulations governing the use of pesticides will cause consumers to increasingly turn to industry operators to perform pest control operations... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Pest Control industry is in the growth stage of its industry life cycle. Industry value added, which measures the industry's contribution to the overall economy, is forecast to rise at an average annual rate of 3.4% over the 10 years to 2019. Comparatively, Canadian GDP is projected to rise at an average annual rate of 2.4% over the same time period; consequently, the Pest Control industry is making up a larger share of the overall economy, a key indicator of its growing life cycle stage.
The Pest Control industry is experiencing a revival, propelled by the resurgence of bed bugs, which has resulted in strong product development and growth prospects for the industry. Furthermore, a rising number of companies are offering more environmentally friendly products... purchase to read more