Ps’ outlook for bed bug control was generally positive. According to the 2023 PCT State of the Bed Bug Control Market survey, 41 percent expected revenue generated by bed bug services to increase at their locations in the year ahead, while 56 percent said revenue would remain unchanged.
A surge in post-pandemic domestic and foreign travel may help boost demand for bed bug control services. A January 2023 survey commissioned by Forbes found that 49 percent of Americans planned to travel more this year. Consumer media dubbed this “revenge travel” as people make up for time and experiences lost to the pandemic.
“It is so easy to move [bed bugs] from place to place as we increase travel,” said Lee Ruble, Q36 Pest Control, who expected his bed bug revenue to increase. “I think we offer a good value for our service, and so I think we’ll be able to capture more market share,” he said.
Melanie Matthews, Modern Exterminating, anticipated continued growth in bed bug services, as well. “That’s what we’re thinking will happen as people continue to travel, as our community continues to up the rental game. We think it’s something that we’re going to see for quite a while,” she said.
Prices for bed bug services increased over the past three years, reported 56 percent of PMPs. In 2023, the average price for a typical residential bed bug treatment was $961, up from $908 in 2022.
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