The total U.S. William Blair/PCO Bookkeepers & M&A Specialists Pest Index increased 11 percent year-over-year in March, in line with the long-term average growth rate of 11 percent.
“The total pest index has decelerated two months in a row, primarily due to a slowdown in the Residential Pest Index,” says William Blair Equity Researcher Tim Mulrooney. “However, we continue to characterize the overall market as healthy, showing double-digit year-over-year growth on top of two years (2021 and 2022) of unprecedented growth.
The March result was primarily due to an acceleration in the residential pest and commercial pest indices:
• The Residential Pest Index increased 12 percent year-over-year.
• The Commercial Pest Index increased 16 percent year-over-year.
• The Termite Index increased 5 percent year-over-year.
• The Bed Bug Index increased 3 percent year-over-year.
• The Mosquito Index increased 12 percent year-over-year.
View the full report and the archive of past reports at SellMyPCOBusiness.com.
Latest from Pest Control Technology
- Mitchell Boston's Involvement as Local Councilman Sparks Growth in Pest Control Business
- Grizz Pest Management Owners Support Wildlife Conservation with Brookfield Zoo in Chicago
- Grizz Pest Management Partners with Brookfield Zoo to Build Tropical Forests Exhibit
- Truly Nolen Promotes Bohne to Vice President of Business Development
- Watch: Abell Pest Control Holds Snap Trap Challenge
- PMPs Encouraged to ‘Move at the Speed of Technology’ at Purdue Conference
- Bug Off Pest Control Center to Supply NYC with Evolve
- Envu Earns EcoVadis Gold Rating for Sustainability Leadership
