Key Insights of Termite Control Services Market
M&As and Regional Expansion: A Pervasive Strategy for Termite Control Services Market Players
Termite control services market is highly fragmented with presence of a large number of local and regional players who hold sway in a particular state or city. Established players in the termite control services market are in constant seek for entering into strategic partnerships or merger & acquisition activities with the regional competitors, to capitalize on their service-specific offerings, thereby expanding their customer base and global footprint alike.
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Atlanta-based Arrow Exterminators recently announced its merger and acquisition of the Knockout Pest & Termite, which would strengthen its presence in Southern Alabama’s commercial & residential pest and termite control services market. The acquisition provides Arrow with eight service centers of Knockout throughout the Alabama state.
Rollins has recently strengthened its position in Kansas and Oklahoma with acquisition of the Ponca City – a pest control service provider. This acquisition will offer Rollins with Ponca’s P.E.S.T machine – an electrostatic duster, along with procedures and protocols.
Plunkett’s Pest Control acquired Bugeaters Pest Control and L&S Termite and Pest Control, both family-owned businesses offering quality pest management services to customers. The acquisition is a perfect fit for Plunkett’s, L&S and Bugeaters alike, all being full-service providers of pest management services.
Indianapolis-based Askren Termite and Pest Control recently merged with Franklin Pest Solutions. The merger will act as a boon for the latter as it will reap benefits throughout their overall network of services across Wisconsin, Kentucky, Illinois, and Indiana.
Black Diamond, in early September 2018, announced its opening of franchise location in eastern Kentucky’s River Cities area, thereby expanding its service reach for both commercial and residential clients in the area.
In early August 2018, Gregory Pest Solutions acquired the Greenville-based Commander Pest Solutions, to leverage its pest control services and termite treatment technique offerings across the area.
Rentokil Steritech recently finalized a deal of acquiring The Hitmen Termite & Pest Control, which would expand its business footprint in Northern California Market. The acquisition further adds 120 fulltime Hitmen employees to Rentokil’s staff.
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Semiochemicals Gain Momentum as Efficacious IPM Strategy in Termite Control
Advancements in strategies of integrated pest management (IPM) have observed significant escalations, upheld particularly by contribution of chemical ecology. Public demand and environmental concerns associated with use of toxic pesticides and insecticides for managements of pests, such as termites, have led to development of sustainable alternatives such as “semiochemicals” – a novel discovery of chemical ecology. Semiochemicals currently seek extensive adoption in pest management as sex pheromones, thereby attracting more and more termite control services providers to inculcate the technique. Relative specificity, low toxicity and greater potency of semiochemicals are key attributes that have proliferated their demand in termite control services, as eco-friendly alternatives to pesticides and insecticides. Currently, semiochemicals-based termite control services are offered as pheromone lures and traps for monitoring reasons, meanwhile being leveraged for the development of mating disruption techniques.
Termite Control Services Providers Entering the “Smart Era”
Termite control services providers are increasingly embracing adoption of smart techniques, which prevent costly infestations through sustainable solutions. Constant monitoring and instant reactive steps offered by such smart techniques has become a new focus area for termite control services providers to adopt. Providers who emphasize on the provision of intelligent, digital process-based termite control services, which facilitate detection of blind spots and around-the-clock surveillance, are likely to witness promising growth prospects in the foreseeable future. IoT and artificial intelligence are also witnessed to have gradually permeated the area of termite control services, with connected devices and sensors simplifying trapping processes, along with the provision of real-time monitoring and notifications. Anticimex’s SMART digital trap is a prime example of such an IoT development in termite control services. Additionally, advanced termite control services include use of camera-equipped drones that offer a bird’s eye view of termite issues, emerging not only as safer option for service providers but also optimizing the processes and cutting-down manpower costs in the long-run.
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Competitive Landscape of Termite Control Services Market
The report on the termite control services market provides actionable insights on supply & demand trends of the termite control services worldwide, in combination with a detailed assessment on competitor landscape of the termite control services market. Exhaustive data on preeminent and emerging termite control services providers has been delivered in the report, along with study on their product overview, company overview, key developments and key financials. Key players in the termite control services market, as profiled by the report, include Sanix Incorporated, Arrow Exterminators Inc., Massey Services Inc., and Anticimex.
Some of the key developments made by leading termite control services market players and government authorities have been listed below –
Prime Termite has recently introduced its green termite treatment techniques, namely, Bora-Care Foaming directed toward exterior & interior structures of residential and commercial buildings, and Thermigation (Heat-Plus Treatment) directed toward drywood termites. These are claimed to be state-of-the-art and green treatment methods for termite control, which eliminate the use of chemicals – both natural and organic.
The Australian Environmental Pest Management Association (AEPMA) is taking efforts for promoting the culture of innovation and professionalism in pest management, such as termite control services, in associated and allied industries including building and construction. This Code of Practice has been prepared for promoting stakeholders involved in the incorporation of termite control services. Initiatives such as “gold standard” code of ethics, higher standard of education and training for the termite control services market players, development of the “National Competency Standards,” and professional accreditation via PestCert, have been taken by AEPMA to promote innovation in the termite control services market.
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Termite Control Services Market Definition
Termite control services are services related to management and regulation of myriad termites, which are harmful for human health. These services are designed specifically for eliminating tiny insects that dwell underground and damage walls and other household products, particularly the ones made from wood. Various types of treatments available for termite control include non-chemical treatments, chemical treatments, conventional barrier treatments, wood treatment, and termite baits.
About the Termite Control Services Market Report
Fact.MR’s report on termite control services market is a comprehensive compilation of valuable as well as actionable insights. A scrutinized assessment on the termite control services market is delivered in this report that includes study on key dynamics such as drivers, opportunities, trends and restraints, influencing current and future prospects of the termite control services market. Primary aim of this report is to deliver its readers with an authentic intelligence on the termite control services market, to aid them in collecting and slating possible strategies on the basis of holistic insights delivered on termite control services market. This further enables the report readers to align well with the changing dynamics of termite control services market.
An overview of termite control services market is covered in the report, to help clients better understand their future growth potential in the termite control services market. This is further expected to enable them in making proper decisions on future direction of their businesses related to termite control services, as well as making lucrative investment decisions in the termite control services market. A realistic view of the termite control services market acumen is offered in the report, eliminating all biases, coupled with data on termite control services market in terms of value (US$ Mn).
Segmentation of Termite Control Services Market
A systematic representation of key segments in the termite control services market has been provided in the report, which is portrayed in the form of a taxonomy table. The termite control services market has been broadly classified into service nature, service type, end-user, and region. Contracted and ad-hoc are two main nature of services analyzed in the termite control services market. The report categorizes the termite control services market on the basis of service type into organic termite control services and chemical termite control services. End-users analyzed and elaborated in the termite control services market report include commercial, residential, industrial, and agriculture. Geographically, the report categorizes the termite control services market into North America, Europe, Latin America, Asia-Pacific excluding Japan (APEJ), Japan, and Middle East & Africa (MEA).
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Nandini Roy Choudhury is a thought leader and subject matter expert on a range of industries, notably retail & consumer goods. Her analytical skills and lucid qualitative analysis have made her an authoritative figure on this domain.