First Research US Industry Profile

View Sample
Exterminating & Pest Control Services
SIC Codes: 7342
NAICS Codes: 56171
Last Quarterly Update: 7/29/2019
Companies in this industry exterminate and control insects and other pests. Major companies include US-based EcoLab, Terminix (owned by ServiceMaster), and Orkin (owned by Rollins), as well as the pest control operations of Anticimex (Sweden) and Rentokil Initial (UK).
North America accounts for more than 50% of the market share, according to Technavio. An increase in hygiene standards is driving demand growth in emerging markets in Asia. In general, global demand for exterminating and pest control services is rising as economies expand and middle-class and urban populations increase. Companies in the industry typically operate locally and regionally, but some large companies are beginning to expand internationally.
The US pest control services industry includes about 14,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $15 billion. Companies that provide pest control services related to agricultural and timber production are not included in the industry.
Competitive Landscape
Demand is driven by sales and occupancy of residential, commercial, and industrial properties. The profitability of individual companies depends on providing good service. Large companies benefit from brand recognition and economies of scale in purchasing and administration, as well as from the ability to serve commercial accounts that include locations in multiple markets. Small companies can compete successfully by specializing in a type of service or a local market.
The US industry is fragmented: the 50 largest firms generate less than 50% of industry revenue.
Products, Operations & Technology
Major sources of revenue include residential insect services (50% of US industry revenue), followed by nonresidential insect services (20%) and residential ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

04/15/2019
01/14/2019
10/08/2018
07/09/2018
04/09/2018
01/08/2018
10/02/2017
07/03/2017
04/03/2017
01/02/2017
09/26/2016
07/05/2016
04/04/2016
01/04/2016
09/28/2015
06/29/2015
03/30/2015
01/05/2015
10/06/2014
07/14/2014
04/21/2014
01/27/2014
10/21/2013
07/29/2013
05/06/2013
02/11/2013
11/05/2012
08/13/2012
05/28/2012
03/05/2012
11/14/2011
08/15/2011
05/02/2011
01/31/2011
10/18/2010
07/26/2010
04/19/2010
01/25/2010