Termite Control Services Market to Observe Over 3X Faster Revenues from Contractual Services than Ad-Hoc Services, finds Fact.MR
Verfasser: ashwani_kailiya on Thursday, 4 October 2018Fact.MR’s recent study foresees the termite control services market to continue on its sluggishness in 2018, with a revenue growth of just nearly US$ 165 Mn over 2017. An amalgamation of distinct aspects, ranging from shift toward contracted termite control services, and use of semiochemicals as an eco-friendly alternative to pesticides, is likely to underpin growth of the Termite Control Services Market.
The report opines that demand for contracted termite control services spiraled up rapidly in recent years, compared to the declined trajectory of preeminent ad-hoc services. Revenues from contracted termite control services will grow over 3X than those from ad-hoc through 2027. Rapid rise of contracted services is backed by the fact that key industries, including food & beverage, are required to hold pest control contracts owing to strict legislative requirements apropos of product hygiene.
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