Latin America Pest Control Service Market Size & Outlook
Latin America pest control service market, 2016-2027 (US$M)
Related Markets
Latin America pest control service market highlights
- The Latin America pest control service market generated a revenue of USD 1,193.5 million in 2019.
- The market is expected to grow at a CAGR of 3.6% from 2020 to 2027.
- In terms of segment, insect was the largest revenue generating end use in 2019.
- Termite is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2020 to 2027.
Latin America data book summary
| Market revenue in 2019 | USD 1,193.5 million |
| Market revenue in 2027 | USD 1,580.4 million |
| Growth rate | 3.6% (CAGR from 2019 to 2027) |
| Largest segment | Insect |
| Fastest growing segment | Termite |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Insect, Rodents, Termite, Mosquito, Other End Use |
| Key market players worldwide | Rentokil Initial PLC, Rollins, ServiceMaster, EQT AB Ordinary Shares, Arrow Exterminators, ASANTE Inc, Dodson Brothers Exterminating Company, Ecolab Inc, Massey Services, SANIX |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global pest control service market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,914.6 million by 2027.
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Pest Control Service Market Scope
Pest Control Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America pest control service market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pest control service market will help companies and investors design strategic landscapes.
Insect was the largest segment with a revenue share of 39.08% in 2019. Horizon Databook has segmented the Latin America pest control service market based on insect, rodents, termite, mosquito, other end use covering the revenue growth of each sub-segment from 2016 to 2027.
The pest control service market in Central & South America was valued at USD 1,193.5 million in 2019 and is projected to register a CAGR of 3.6% over the forecast period, to reach USD 1,580.4 million by 2027.
The common vector-borne diseases in the region are malaria, leishmaniasis, dengue fever, Chagas disease, and schistosomiasis. Increased risk of Chagas disease in the region is causing consumers to invest in pest control services.
According to the WHO, approximately 6 to 7 million people across the globe, particularly in South America, are estimated to be infected with Trypanosoma cruzi, which is a parasite causing Chagas disease.
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Target buyers of Latin America pest control service market databook
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Our clientele includes a mix of pest control service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America pest control service market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America pest control service market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America pest control service market size, by country, 2016-2027 (US$M)
Latin America Pest Control Service Market Outlook Share, 2019 & 2027 (US$M)
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