How Big Is The Pest Control Industry?

January 29, 2021PestMaster

How Big is the Pest Control Industry?

Today’s post reviews authoritative research findings regarding the current size of the pest control industry. Read on or call 800-525-8866 to discuss the state of the pest control industry with a Pestmaster representative.

How Big Is The Pest Control Industry?

According to the National Pest Management Association’s 2019 Fact Sheet, the United States’ pest control industry currently comprises:

19,295 different pest control companies
142,320 service technicians working across the country
More than $9.3 billion in annual billing revenue

Consistent with the 4.4% Compound Annual Growth Rate (CAGR) predicted by Specialty Consultants, the U.S. structural pest control market is on track to reach $10 billion by the end of this year, according to Pest Control Technology.

US market movements mirror those seen around the world. Fortune Business Insights values the global pest control market at $31.94 billion by 2027, thanks in equal parts to the advent of pest control software and the rapidly multiplying insect population. These growth projections will likely be affected by the COVID-19 pandemic, but since pest control businesses fall under Cybersecurity and Infrastructure Security Agency’s (CISA) “essential business” designation, owners can expect minimal disruptions.

Pest control industry growth and profits are supported by multiple revenue streams. The NPMA’s 2016 Business Outlook Survey, which compiled survey results from more than 10,427 different pest control businesses, found that:

95% of pest control businesses offer ant control
93% offer rodent control
92% offer cockroach control
89% offer flea control
79% offer bed bug control
68% offer termite control
55% offer mosquito control
45% offer bird control
42% offer wildlife control

In addition to these revenue streams, Pestmaster business owners also provide vector health services and vegetation management as part of their service package.

The NPMA report also highlights potential opportunities for newcomers looking to capitalize on unmet consumer demands. With less than half of pest control companies currently offering bird control and wildlife control, and only 55% involved in mosquito control, this segment has plenty of room for new entrants.

In conclusion, while the pest control market continues to grow at breakneck speed, even amidst the economic pressures of COVID-19, it still enjoys relatively low competitive pressures, as demand continues to outpace supply, creating several service shortages.

Learn How To Start A Pest Control Business With Pestmaster

Pestmaster has been in the industry for over 40 years. Today, we’re proud to offer a balanced business plan that includes extensive service offerings and a healthy mix of residential, commercial, and government contracts to support your profitability.

If you’d like to learn more about what’s involved in our pest control business start-up, call 800-525-8866 or visit the Pestmaster website to book your 100% free consultation.

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Testimonials

Pestmaster is both an innovative and environmentally sensitive pest management services provider. With a unique, progressive, and extremely successful franchise business model, Pestmaster professionals provide state of the art, scientifically-based integrated pest management solutions for the most challenging pestiferous problems. Pestmaster, a 21st century organization that is leading the way in the fast growing pest management industry.

Dr. Stuart Mitchell | BCE

I’ve been in the industry for years and I can’t tell you just how valuable the Pestmaster franchise opportunity really is. I have much greater access to identifying and getting potent government contracts with the help and assistance from the corporate office. We would not be nearly as successful as we are today, had we not purchased a Pestmaster Franchise.

Wayne Holliday & Tommy Houk | Pestmaster of Lake City & Gainesville, FL

Pestmaster^® has been the best investment I’ve ever made in my life!

Barrett Alley | Pestmaster of Kingston, NY

We had options, but if we hadn’t decided on a Pestmaster franchise, we could not have gone from just one to several employees in less than one year of purchasing the franchise. Without the franchise, we would not have known about the high-dollar pest control services opportunities such as West Point Academy and we would certainly not have become the successful contract bidder that we are today.

Paul Alley | Pestmaster of Kingston, NY

I owned my own small pest control business for six years before I decided to buy a national brand franchise. The amount of business I was able to produce in those six years was doubled in just my first year with Pestmaster. Joining the Pestmaster brand was an excellent choice for me and for the future of my business.

Chris Nelson | Pestmaster of Salt Lake City, UT

I knew I was ready to start a business and looked for a long time but could not find my value-added proposition What could I do better than anyone else to distinguish me from the others in any industry? I have always been a technical person, so I was not confident in my ability to start a brand and market it. I also didn’t want to start from zero without help and support in my new adventure. For these reasons I looked into franchising opportunities and quickly found Pestmaster. They provided the value-added proposition, branding, marketing and support that I was looking for. The business model works and the people in the PFN will help you succeed.

Jerome Snyder | Pestmaster of Central New York

The Pestmaster Franchise Network has enabled me to secure government contracts and group pricing with several vendors. The training from our entomologist and combined experience is incredibly valuable. It is a great network of knowledge, experience, and Camaraderie.”

Justin Kendall | Pestmaster of Virginia Beach, Virginia

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