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
- Apex Bait Technologies Receives USDA Grant
- Orkin Canada Releases 2024 ‘Rattiest Cities’ List
- Ecolab Joins NPMA's Key Partners Program
- Tailor Made Pest Control Acquires Swat Team Pest Control
- FMC and Envu Complete Sale of FMC’s Global Specialty Solutions
- UF Researchers Use AI, Lasers for Precision Spraying to Combat Mosquitoes
- Colony Pest Raising Money to Fight Cancer with NOSHEMBER
- NPMA Announces Leader Launch Class of 2025
