The Pest Control Industry and Its Worth: A Comprehensive Guide

How much is the pest control industry worth?
The global pest control market forecast was valued at $20.6 billion in 2019, and is projected to reach $30.0 billion by 2027, growing at a CAGR of 5.2% from 2020 to 2027.

An important part of keeping a place safe and healthy is pest management. It is a procedure that has been around for centuries and has changed as new technology and methods have been incorporated. The global market for pest control is sizable and expanding, expected to reach $18.2 billion in 2020. The value of the pest treatment sector will be explored in greater detail in this article, along with solutions to certain associated queries.

Which pest control company is the largest in the world?

Rentokil Initial, a British firm with operations in more than 80 nations, is the largest pest control business in the world. The business provides a comprehensive range of pest management services, including those for controlling insects, birds, rodents, and more. Rentokil Initial recorded revenue of $3.2 billion in 2020 and has a market capitalization of roughly $10.4 billion. Ecolab, Terminix, and Rollins are a few other well-known businesses in the sector.

What Do Pest Technicians Get Paid?

A pest technician’s pay might vary widely depending on their region, level of expertise, and employer. The Bureau of Labor Statistics reports that in May 2020, the median yearly salary for those employed in pest control was $37,330. The bottom 10% of earners took home less than $25,810, while the top 10% took home more than $60,760. Pest control specialists typically make more money when they work in metropolitan regions or for larger businesses.

How much time is spent on pest control training? Depending on the jurisdiction and the kind of license one wants to get, different states have different requirements for pest control training. Training in pest management can often last from a few weeks to many months. Trainees learn about pest identification, pesticide application, and safety measures during the training, which typically consists of both classroom instruction and practical application. In several states, pest technicians must continue their education to keep their licenses. Is pest control regarded as a trade?

Since it requires particular abilities and expertise, pest control is regarded as a trade. Pest technicians are qualified to recognize pests and eliminate them using a range of methods and equipment. Additionally, they must be well-versed on pesticide safety and legislation. Because it provides chances for career progression and work security, a career in pest control can be gratifying. The sector is anticipated to keep expanding as people become more aware of the value of pest control in preserving a safe and healthy environment.

In conclusion, the $18.2 billion global market for pest control is sizable and expanding. The largest pest management business in the world, Rentokil Initial, with a market value of over $10.4 billion. Training might take a few weeks to several months, and the median annual salary for pest technicians is $37,330. In the field of pest treatment, which is regarded as a trade, there are many prospects for growth and job security.

FAQ
Then, who owns orkin?

Rollins Inc., a publicly traded business with its headquarters in Atlanta, Georgia, owns Orkin. One of the biggest pest control businesses in the world, Rollins Inc. serves more than 2 million clients across the US, Canada, Europe, South America, and Asia.

Leave a Comment