South Korea Rodent Control Market Forecast 2023-2030

South Korea Rodent Control Market Forecast 2023-2030


The South Korea rodent control market is predicted to develop with a CAGR of 7.87% during the forecast years 2023-2030. The Asia & Pacific Plant Protection Commission has noted an increasing awareness among South Koreans concerning the health risks posed by pests, including diseases such as dengue fever, malaria, and Lyme disease.


South Korea’s robust economy, boasting a GDP per capita of $32,032 in 2022, according to the World Bank, has resulted in an elevation of disposable income among its residents. This increased financial capacity has contributed to higher expenditures on professional rodent control services. With individuals and businesses having more resources available, there is a growing inclination to invest in these services to fortify their properties against the threat of rodent infestations. This emerging trend underscores the significance of the pest control industry and its integral role in preserving public health and property well-being in the nation.

Furthermore, the South Korean rodent control market is primarily focused on addressing two prevalent rodent species, the Norway rat (Rattus norvegicus) and the House mouse (Mus musculus). According to data from the Korean Pest Control Association, these two species collectively contribute to approximately 70% of rodent infestations in the country. As a result, the aforementioned factors are predicted to bolster the rodent control market growth in South Korea during the projection period.


Major companies operating in the market are BASF SE, Neogen Corporation, 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 caters 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.
• The 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

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Country Snapshot
2.3. Country Analysis
2.4. Scope Of Study
2.5. Crisis Scenario Analysis
2.6. Major Market Findings
2.6.1. Increasing Shift Towards Integrated Pest Management (Ipm)
2.6.2. Manufacturers Need To Be Compliant With Regulations
2.6.3. Residential And Commercial End-users Dominated The Rodent Control Market
3. Market Dynamics
3.1. Key Drivers
3.1.1. Rising Awareness About The Health And Economic Risks Associated With Rodent Infestation
3.1.2. Surge In The Incidences Of Pest–borne Diseases
3.1.3. Increasing Urbanization And Population Growth
3.1.4. A Growing Number Of Businesses Are Turning To Rodent Control Solutions
3.2. Key Restraints
3.2.1. Environmental Concerns Associated With Rodenticide Chemicals
3.2.2. High Cost Of Rodent Control Products And Services
3.2.3. Government Restrictions Affecting The Rodent Control Market
4. Key Analytics
4.1. Parent Market Analysis: Pest Control Market
4.2. Key Market Trends
4.3. Pest Analysis
4.4. Porter’s Five Forces Analysis
4.4.1. Buyers Power
4.4.2. Suppliers Power
4.4.3. Substitution
4.4.4. New Entrants
4.4.5. Industry Rivalry
4.5. Growth Prospect Mapping
4.6. Key Buying Criteria
4.6.1. Effectiveness
4.6.2. Ease Of Use
4.6.3. Safety
4.6.4. Longevity
5. Market By Type
5.1. Chemical
5.2. Mechanical
5.3. Biological
5.4. Other Types
6. Market By Application
6.1. Residential
6.2. Commercial
6.3. Industrial
6.4. Agriculture
6.5. Other Applications
7. Competitive Landscape
7.1. Key Strategic Developments
7.1.1. Mergers & Acquisitions
7.1.2. Product Launches & Developments
7.1.3. Partnership & Agreements
7.1.4. Business Expansions & Divestitures
7.2. Company Profiles
7.2.1. Basf Se Company Overview Products / Services List Strengths & Challenges
7.2.2. Bayer Ag Company Overview Products / Services List Strengths & Challenges
7.2.3. Ecolab Inc Company Overview Products / Services List Strengths & Challenges
7.2.4. Neogen Corporation Company Overview Products / Services List Strengths & Challenges
7.2.5. Rentokil Initial Plc Company Overview Products / Services List Strengths & Challenges
7.2.6. Rollins Inc Company Overview Products / Services List Strengths & Challenges
7.2.7. Syngenta Ag Company Overview Products / Services List Strengths & Challenges

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