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 2013, for every $1 spent on wages, the industry is expected to require an estimated $0.032 in capital investment. Capital intensity increased marginally during the five years from 2008, when $0.031 worth of capital investment was required for every $1.00 spent on wages. The change is largely the result of employee layoffs during the recession, which occurred in an effort to reduce operating expenses.
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