Industry Analysis & Industry Trends
The Pest Control industry has experienced robust growth over the past five years, largely due to the rising prevalence of bed bugs. Public concern over these pests has fuelled demand for pest control and extermination services, particularly from hotels and residential customers. Federal and provincial regulations ensure steady demand from commercial clients, which generate a large majority of industry revenue. Over the next five years, the industry is expected to continue its upward trajectory. During this time, industry operators will likely focus on expanding their residential service lines and transitioning to environmentally friendly solutions... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years to 2015, a rapid rise in the incidence of bed bugs, combined with growing commercial demand, has underpinned the industry’s strong growth. With increasing reports of bed bugs in homes, hotels and even movie theatres, demand for pest extermination professionals from both commercial and residential clients has been booming. Consequently, revenue for the Pest Control industry is expected to increase over the period at an average annual rate of 3.1% to $398.1 million, including growth of 1.4% during 2015.
Downstream demand increases
Steady growth in the Pest Control industry has largely been due to stable demand from the commercial market... purchase to read more