Pest and Weed Control Services in Australia Industry Market Research Report Now Updated by IBISWorld

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Pest control providers are sensitive to trends in both residential and non-residential construction. These markets have experienced difficult times recently, but with building investment improving in the first half of 2010-11 as economic conditions strengthened, industry demand increased. The Pest and Weed Control Services industry faces tight controls on its operations from stringent environmental regulations. However, stricter health regulations now require regular monitoring and control of pests across business and commercial properties, particularly in the food and hospitality industries, which boosts demand for pest control services. For these reasons, industry research firm IBISWorld has updated its report on the Pest and Weed Control Services in Australia industry.

IBISWorld Market Research

IBISWorld Market Research

The Pest and Weed Control Services industry is thriving after weeding out poor demand conditions.

Pest control providers are sensitive to trends in both residential and non-residential construction. These markets have experienced difficult times recently, but with building investment improving in the first half of 2010-11 as economic conditions strengthened, industry demand increased. In 2011-12, the Pest and Weed Control Services industry is forecast to generate revenue of $1.17 billion, up 2.5% from the previous year, as improved economic conditions are expected to benefit the industry. IBISWorld industry analyst Alen Allday explains that ‘in particular, stable non-residential building construction activity and fewer business client failures are expected to contribute to industry growth, although residential construction activity may slow in the second half of the year.’ Annualised industry revenue growth for the five years through 2011-12 is estimated at 0.8%.

Allday adds, ‘the recent restrictive economic environment particularly affected demand for pre-purchased pest inspections and reports, especially for housing, while many business clients reviewed the frequency and level of service required.’ The Pest and Weed Control Services industry has a low level of market share concentration. The two largest companies in the industry are ISS Facility Services Australia Limited and Rentokil Pty Limited.

The Pest and Weed Control Services industry faces tight controls on its operations from stringent environmental regulations. Consumers are also wary about applying pest control chemicals around the home and are seeking alternatives. However, stricter health regulations now require regular monitoring and control of pests across business and commercial properties, particularly in the food and hospitality industries, which boosts demand for pest control services. The outsourcing of pest control services will support rising demand for the industry's services over the next five years. In addition, continuing stringent health regulations on food and other industries will enhance this industry's growth potential. Stable economic conditions from 2012-13 will benefit the industry's operators over the five years through 2016-17. During the period, improving economic conditions are expected to boost building construction activity, driving demand for the industry's services.

For more information, visit IBISWorld’s Pest and Weed Control Services report in Australia industry page.

Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau

IBISWorld industry Report Key Topics

This industry includes companies that provide industrial or domestic pest control services, including weed control services.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

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Gavin Smith
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