Latin America Pest Control Service Market Size & Outlook
The pest control service market in Latin America is expected to reach a projected revenue of US$ 1,580.4 million by 2027. A compound annual growth rate of 3.6% is expected of Latin America pest control service market from 2020 to 2027.
Globally, North America is projected to lead the regional market in terms of revenue in 2027.
Asia Pacific is the fastest growing regional market and is projected to reach USD 5,914.6 million by 2027.
The pest control service market in Central & South America was valued at USD 1,193.5 million in 2019 and is projected to register a CAGR of 3.6% over the forecast period, to reach USD 1,580.4 million by 2027.
The common vector-borne diseases in the region are malaria, leishmaniasis, dengue fever, Chagas disease, and schistosomiasis. Increased risk of Chagas disease in the region is causing consumers to invest in pest control services.
According to the WHO, approximately 6 to 7 million people across the globe, particularly in South America, are estimated to be infected with Trypanosoma cruzi, which is a parasite causing Chagas disease.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pest Control Service Market Outlook will help companies and investors design strategic landscapes.
Insect was the largest segment with a revenue share of 39.08% in 2019.
Horizon Databook has segmented the Latin America pest control service market based on insect, rodents, termite, mosquito, other end use covering the revenue growth of each sub-segment from 2016 to 2027.
The pest control service market in Central & South America was valued at USD 1,193.5 million in 2019 and is projected to register a CAGR of 3.6% over the forecast period, to reach USD 1,580.4 million by 2027.
The common vector-borne diseases in the region are malaria, leishmaniasis, dengue fever, Chagas disease, and schistosomiasis. Increased risk of Chagas disease in the region is causing consumers to invest in pest control services.
According to the WHO, approximately 6 to 7 million people across the globe, particularly in South America, are estimated to be infected with Trypanosoma cruzi, which is a parasite causing Chagas disease.
Latin America Pest Control Service Market End Use Outlook (Revenue, USD Million , 2016-2027)
Insect
Rodents
Termite
Mosquito
Other End Use
Latin America Pest Control Service Market Application Outlook (Revenue, USD Million , 2016-2027)
Residential
Commercial
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Pest Control Service Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Pest Control Service Market Outlook from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Latin America Pest Control Service Market, 2016-2027 (US$M)