Industry Analysis & Industry Trends
The infestation of pests like bed bugs and stinkbugs will continue to harm businesses and consumers, but the Pest Control industry will benefit. Additionally, the recovering housing market will create a need for pretreatment termite services and regular inspections. As discretionary incomes rebound, consumers will spend on hotels and restaurants again, driving demand for industry services from this market... purchase to read more
Industry Report - Industry Investment Chapter
IBISWorld estimates that the Pest Control industry has a low level of capital intensity. During 2014, for every $1 spent on wages, the industry is expected to require an estimated $0.06 in capital investment. Capital intensity decreased during the five years from 2009 to 2014, thanks to improved industry employment and rising total wage costs, which occurred after the recession.
Capital investment in the industry mainly involves vehicles, spray equipment, sound wave equipment, vacuum steam cleaners, offices and storage space. With the economic recovery and increased demand for industry services, such as bed bug eradication, capital investment has begun to rise... purchase to read more