Industry Analysis & Industry Trends
The rise of bed bugs across the United States has left homeowners and business owners frustrated, but has been a boon for the Pest Control industry. The increased occurence of bed bugs has led to substantial demand for exterminators and rising service prices. In the next five years, increased business and consumer spending will drive demand for regular inspections for pests. Furthermore, with increased income, businesses and consumers will be less likely to opt for cheaper household products from home and garden stores. Additionally, the widespread incidence of the stinkbug will drive demand for industry services... purchase to read more
Industry Report - Industry Key Buyers Chapter
Market share concentration within the industry is low, with the top four companies are expected to account for slightly less than 30.0%of total revenue in 2015. The majority of the 23,988 operators are small- to medium-size firms. Industry companies are generally spread across many locations in order to be close to key consumer markets, which minimizes transportation costs and provide faster service.
However, market share concentration has increased during the past five years. This industry consolidation is largely the result of increased mergers and acquisitions, as larger companies pursue acquisitions to increase the density of their consumer base... purchase to read more