Industry Analysis & Industry Trends
The infestation of pests such as 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 - Starting a New Business Chapter
The Pest Control industry has medium barriers to entry, mainly because of the licensing and regulatory requirements in existence for starting a company. The industry is in the growing stage of its life cycle, which means companies are still entering the industry, due to demand from residential and commercial customers that value pest-free environments and strong food and safety regulations for restaurants. The level of competition is high and increasing within the industry because of the significant number of pest control operators. Most of these firms are small companies with only a few employees.
Start-up costs vary depending on the scale of operations. New businesses need to secure warehouses or operational facilities and specialized equipment and vehicles... purchase to read more