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KEY FINDINGS
The North America rodent control market is estimated to project a CAGR of 5.80%, during the forecast period of 2019 to 2028. The region's market growth is attributed to the surging demand for vector control, the growing demand for healthcare centers, and the gradually improving economy.
MARKET INSIGHTS
The United States and Canada are analyzed for the North America rodent control market growth assessment. Canada's geriatric population is rapidly growing, whereas the percentage of individuals below fourteen years is declining. This shift in the country's population base has significantly impacted numerous aspects of the healthcare industry. For instance, with the increasing need for senior healthcare services, the demand for new healthcare facilities and hospitals has also risen. As a result, the market for rodent control across Canada is projected to hike, owing to its rising use in maintaining high standards of cleanliness and sanitation.
The COVID-19 pandemic has significantly impacted Canada's otherwise thriving hotel industry. In August, the country's hotels recorded occupancy of over 41%, depicting a year-over-year decline of 47.8%. Conversely, the American Hotel and Lodging Association and the Hotel Association of Canada (HAC) released joint health and safety regulations, redefining industry standards amid the coronavirus outbreak. For instance, the HAC recommends that rooms be cleaned only once, per stay, signifying that they may remain unoccupied for at least a week, to ensure cleanliness. Moreover, as hotels and motels reopen, there would be an increased need for rodent control in their kitchens. Thus, such factors are estimated to promote the region's market growth, across the forecast period.
COMPETITIVE INSIGHTS
Key companies operating in the market include, BASF SE, McCloud Services, Orkin Pest Control, Plunketts Pest Control Inc, Rollins Inc, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments