Pest Control Industry Growth Estimates, Trends & Revenue Forecasts Till 2025

February 1, 2021PestMaster

Pest Control Industry Growth Estimates, Trends & Revenue Forecasts Till 2025

Research shows there has never been a better time to start a pest control business. Today’s post reviews pest control industry growth estimates, trends, and revenue forecasts between 2020 and 2025.

Read on or call 800-525-8866 to speak directly with a Pestmaster representative.

Pest Control Industry Growth Estimates For 2020-2025

Last year, the National Pest Management Association’s 2019 Fact Sheet provided the following snapshot of the pest control industry:

19,295 different pest control companies
142,320 service technicians working across the country
More than $9.3 billion in annual billing revenue, representing a 4.3% increased from the 8.971-billion measured in 2018

And while 2020 hasn’t been great for everyone, the pest control industry is growing as fast as ever. According to a new report by Specialty Consultants, the U.S. structural pest control market is on track to reach $10 billion by year’s end, consistent with the Compound Annual Growth Rate (CAGR) predictions of 4.4% made in early 2019. Despite the economic pressures of the pandemic, industry earnings were boosted by mild summer and winter weather, increased insect pest and rodent populations, and expanded service offerings for public health pests like mosquitoes.

The future of the industry is bright, too. According to a new report by Fortune Business Insights, the global pest control industry will reach $31.94-billion in revenue by 2027. This is consistent with Market Watch findings, which predict the value of the global pest control market at $27.5-billion USD by 2025.

Pest Control Industry Trends For 2020-2021

In addition to rapidly multiplying pest populations, the following trends support pest control business profitability in 2020 and beyond:

Demand For House Pests And Vector Health Controls Increasing During Pandemic

As the general public becomes more health-conscious, the demand for vector health controls, which involve the elimination of pests that transmit disease pathogens, increases. At the same time, shelter-in-place orders have placed house pest problems at the forefront of people’s minds, as Americans are forced to share space with unwelcome guests they might not have seen otherwise.

Pest Control Businesses Enjoy Recurring Revenue From Repeat Customers

One of the most exciting trends for pest control business owners has been the surge of recurring revenue from repeat customers. According to a Specialty Consultants report titled “A Strategic Analysis of the U.S. Structural Pest Control Industry,” repeat customers accounted for a whopping 81.6% of all residential pest control service revenue last year.

This is exciting for several reasons. First, it means our customers are satisfied, which only reinforces the value of our service model. But recurring revenue from repeat customers is worth even more than its number on the page, since it is generated without any marketing expense being incurred. Recurring revenue also frequently signifies that long-term customer relationships are being built—i.e. if a customer comes back once, they’ll likely come back again in the future. Finally, since recurring revenue from clients is usually a sign of a happy customer, it often signifies an increase in referrals.

With Pestmaster, a large percentage of your annual revenue will be generated through annual service contracts.

Start A Free Pest Control Business Consultation With Pestmaster

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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