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Shital11Joshi

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Shital11Joshi
5 hrs

United States & Canada Pest Control Services Market Key Players, Growth, Regions and Forecast to 2033

As per Future Market Insights (FMI), the United States & Canada pest control services market is estimated to reach US$ 11,694.4 million in 2023. Over the next ten years, demand for pest control services in the United States & Canada markets is likely to rise at 7.3% CAGR. By 2033, the total market value is anticipated to reach US$ 23,705.3 million.

Rapid urbanization, climate change, and increasing awareness about the benefits of pest control services are key factors driving the market.
Rising awareness of the health risk associated with pests such as disease transmission and allergies, as well as growing demand for eco-friendly pest control solutions will boost the market.

Consumers are becoming more conscious of their environmental impact and they are increasingly interested in sustainable solutions. This is prompting companies to use eco-friendly pest control products and solutions.

Sustainable pest control measures involve the use of non-toxic and minimally toxic methods for pest control. These include the use of pheromone traps or the introduction of natural predators. These methods are safe for the environment and for people and pets. These are more effective as compared with the traditional chemical pest control method.

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Integration of new technologies in pest control and management is also having a positive impact on market development. Companies are using new smart pest control measures to gain profits.

Smart pest control measures involve the use of technology to monitor and control pest populations. For instance, smart traps that use sensors and cameras to detect and capture pests are becoming more widely available. These traps can be monitored remotely and can provide real-time data on pest populations.
Increasing focus on transparency and accountability in the pest control industry is driven by a growing awareness among consumers of the potential risks associated with traditional pest control methods. These risks include potential harm to human health, damage to the environment, and unintended harm to non-target species.

Consumers are becoming more conscious of the products and methods used by pest control companies, and are demanding high transparency and accountability.
In the United States, the pest control services industry is dominated by large national and regional companies such as Terminix, Orkin, and Rollins. These companies offer a wide range of services, including residential and commercial pest control and wildlife control.

On the other hand, Canada's pest control services market is competitive with large companies such as Rentokil and Abell Pest Control leading the industry. It is being driven by the residential sector, with homemakers accounting for a significant proportion of pest control service sales.
Manufacturers are providing detailed information on the products and methods used in their services. They are also using eco-friendly and non-toxic pest control solutions to reduce the environmental impact of their services.

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Key Takeaways from the United States & Canada Pest Control Services Market Study
The United States & Canada pest control service market is set to reach a valuation of US$ 23,705.3 million by 2033.
Overall Pest control services demand in the United States & Canada market is likely to rise at 7.3% CAGR through 2033.
Based on application, the residential segment is expected to progress at a CAGR of 6.3%. By control method, the chemical control services segment is expected to propel at 6.1% CAGR from 2023 to 2033.
By mode of application, the sprays segment held a 33.0% share of the market in 2022.
Based on pest type, the insects segment held a market share of around 62.2% in 2022
"The adoption of new technologies such as digital displays, mobile operation apps, and thermal imaging are improving the efficiency and functionality of pest control services. This has made them more attractive to customers. Focusing on providing cost-effective and transparent services will likely create substantial growth opportunities for manufacturers." - says a lead analyst at Future Market Insights (FMI) analyst.

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Shital11Joshi
1 d

Airport Retailing Market Competitive Analysis With Growth Forecast Till 2032

The Airport Retailing market size is valued at US$ 26837.8 Million. The market is anticipated to reach nearly US$ 79706.8 Million by 2032, by witnessing an impressive CAGR of 11.5% from 2022 to 2032.

The retailing world in the airport space has significantly ballooned in the past few years with increasing physical space for non-aviation activities, as the core aviation activities like check-in, bag-drops are conducted remotely. This is further expected to facilitate future growth during the period of forecast.

What is Driving Demand for Airport Retailing?
The companies in the market are working hard to identify the motivating elements that are enticing customers to purchase while travelling. One or two key motivators for airport retail purchases among customers are convenience and boredom while waiting for the aircraft.
In addition, tax-free shopping is a significant feature promoting retail sales at airports. Players in the market are not only identifying the determinants but also analysing consumer purchasing patterns at airports.

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Travelers that are required to spend some time on airport before their journey located in the same vicinity are the prominent target consumers for players operating in the industry. Thus the efforts on the part of players to gain their attention is further expected to drive sales in the coming years.

Improving Services through Technology & Personalization Facilitating Retail Sales
Apart from the players in the industry airports are also engaged in increasing and enhancing traveller’s experience through personalization and technology. For instance, many of the airports are engaged in leveraging a traveler’s experience through augmented reality and virtual reality that guides a traveler or a prospective consumer towards the retail stores they desire at the airport.
Thus, the efforts on the part of airport hubs to ensure that the travellers make the best possible use of their waiting time is further expected to drive retail sales during the forecast period.

US and Canada Airport Retailing Market Outlook
The United States is one of the prominent hub. The airport retail sales in US is also projected to reflect a stable growth during the forecast period 2021-2031. Demand is expected to remain muted currently as the pandemic outbreak has extensively impacted the travel sector across the world.
Since past few years’ airport shopping corridors in the United States and Canada have now become significant tourist hubs. The growing frequency of travel and tourists in this region had led to an increase in the airport retail sales. However, with the pandemic outbreak causing a drastic decrease in the footfall of tourism has currently led to a slowdown in demand.

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However, factors like growing attraction of brand towards airport retail arena, government initiatives to scale up revenues from airport are further expected to bring a slow recovery in the airport retail sales during the period of forecast.
Europe Demand Outlook for Airport Retailing
In the past few years the consumer’s spending habits have changed dramatically. Unlike before where consumers used to make spontaneous buying decisions, the consumers now conduct an active research regarding product availability and compare prices online and then make a purchase decision at the airport.
In light of this changing consumer habit, luxury travel purchases have gained popularity in Europe. In light of this growing luxury trend at airport retail, many luxury brands are considering airport as an antidote to fading malls.
Such changing perception on the part of luxury brands is further expected to drive penetration of brick and mortar stores in the airport hubs across Europe. Many well-established brands have claimed that the revenue generation through airports is rapidly increasing than the traditional department stores.

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1 d

Pet Oral Care Market by Trends, Share, Type and Forecast to 2032

The pet oral care market size is poised to reach an US$ 11,848 million valuations in 2022. Sales are projected to increase at a 3.5% growth rate, with the market size reaching US$ 16,711 Million by 2032.

To improve their market share, tap emerging market prospects in developing nations with growing populations, and boost market profitability, players in the global pet teeth cleaning business have used a variety of development strategies and marketing initiatives.

Organic pet dental care products are in high demand due to the increasing number of health-conscious customers throughout the world, which has forced market players to align their product lineup and branding with consumer expectations. Pet oral care solutions are gaining popularity among pet owners due to the benefits and importance of keeping a pet's dental hygiene.

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Pet owners are increasingly turning to e-commerce to acquire pet health items, including dental care because they provide a large choice of products at unique discounts and prices. Amazon, Flipkart, Alibaba, and other e-commerce industry giants provide a diverse choice of items from across the world
Several reasons are projected to contribute to the South Asian market, including an increase in pet lovers/ owners and a growing overall population, particularly in emerging nations such as China and India.

Key Takeaways from the Pet Oral Care Market Study:
In terms of end user, demand for pet oral care likely to escalate among households more as compared to other end user categories.
South Asia and Europe are developing as two of the largest market for pet oral care by competing with the established players in the North America market.
The global pet oral care market is currently experiencing a shift in consumer’s preference from conventional to multifunctional and organic products.
By sales channel, online sales segment is anticipated to rapidly grow its share in pet oral care market size.

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“Pet health care brands are expanding their penetration in the Animal dental care market because of increase concerns in oral conditions among pets specially cats and dogs. Furthermore, many brands operating in pet oral care market are using organic ingredients and flavour extracts and innovating dentals chews to attract more customers have also positively impacted the market growth.” says an FMI analyst.

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1 d

Pet Market Size, Future Forecasts, Growth Rate, And Industry Analysis To 2032

The pet market size to be worth US$ 16,607.2 Million in 2022. Sales are anticipated to grow at a 7.5% CAGR from 2022 to 2032, valuing the entire market at US$ 34,140.7 Million by that year.

Rapid urbanisation, increased disposable income, and health concerns are driving an increase in pet adoption and ownership, which is driving up pet sales globally. Between 8% and 70% of all families currently have pets.

Similar to this, it is projected that throughout the projection year, the growth of the pet grooming and pet care industries as well as the expanding humanization trend will promote market expansion.

A growing number of individuals give their dogs the same care and attention as members of their own families, providing them meals and treats that are tailored to their dog's nutritional requirements or to the humans's own dietary preferences, such as veganism.

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Key Takeaways from the Pet Market (Purchasing of Pets) Study:
By pets’ type, dogs and cats’ segments currently form the largest share of the global pet market and the trend is likely to continue during the forecast period.
Based on gender, male segment is likely to be most remunerative in the global Animal Market over the assessment period.
Argentina holds a significant share of the global animal market (purchasing of pets).
Demand for pets in Australia is anticipated to rise at a robust pace during the next decade.
With rising consumer inclination towards adopting pets, the U.S, will continue to dominate North American pet market (purchasing of pets) during the forecast period.
“Rapid urbanization and rise of pet humanization have boosted triggered pet adoption and ownership, thereby creating chances to improve profitability in the market”– says the FMI Analyst

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Who is Winning?
Leading suppliers in pet market (purchasing of pets) are focused on promotional policies, online services, advertisements, and new launches and offers that have driven sales growth of the pet market (purchasing of pets).
Major players present in the pet market (Purchasing of Pets) are Petco, Pet finder, PetSmart, Pet mate, Petco Foundation, Adoptapet, Best Friends Animal Society, The Shelter Pet Project, Petango, Petland, and others.

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Furniture Rental Market Opportunity Assessment Study 2033

The global furniture rental market size is projected to witness staggering growth from 2023 to 2033. According to the research report published by FMI, the global market is anticipated to exceed a valuation of US$ 55.75 billion in 2023. It is likely to reach a valuation of US$ 110.69 billion by 2033. The market is projected to showcase a noteworthy CAGR of 7.1% from 2023 to 2033.

The ever-increasing global population is surging the demand for housing, particularly in urban areas. Though living space is limited in urban areas, many people are choosing to live in small apartments and shared housing arrangements. This trend is creating a demand for flexible furniture solutions such as furniture rentals. Furniture rentals are economic and convenient solutions, and people can easily furnish their living spaces without the hassles of buying, transporting, and assembling them. As the global population expands, the demand for furniture rentals is likely to rise as consumers seek affordable and convenient solutions for their living spaces.

The residential application market is predicted to grow quickly. It is projected that the growing acceptance of online education and work-from-home/hybrid employment arrangements will support market expansion. The price of renting household furnishings is anticipated to rise in the future years. Demand is increasing as more rent-paying families and bachelors become aware of furniture rental services and the benefits they offer. As a result of rising digitization and the introduction of affordable subscription options, the industry is expected to grow.

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The growing popularity of home staging is predicted to foster growth in the market. Several furniture rental businesses are engaging in home staging, which allows homeowners to showcase their property without purchasing expensive furniture. The increasing construction of new commercial buildings and offices is another significant factor driving market growth. Furniture rental services are witnessing increased annual signups for several kinds of office furniture, including desks, tables, benches, and others.

Key Takeaways from the Furniture Rental Market:
In 2018, the global market size stood at nearly US$ 24.48 billion.
The beds segment generated a substantial revenue of more than 31.25% in 2022.
The wood material segment held a huge share of more than 38.7% in 2022.
The commercial application segment held the lion’s share in 2022, accounting for nearly 60.5% of the global revenue.

North American region held a substantial share of nearly 35.2% in 2022 globally.
Recent Developments Observed by FMI:
David Phillips merged with Monty Space in March 2022. The merger is aimed to broaden the company’s furniture range into the growing built-to-rent market.
In February 2021, Rent-A-Center acquired Acima Holdings. Customers may now take advantage of the company's flexible Lease-to-Own (LTO) options via digital, internet, and mobile channels, thanks to the purchase.

Furlenco launched ‘UNLTMD’ in July 2021. This annual subscription service gives customers the appliances and furniture they desire all at once and for a single price.

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Key Players in the Global Furniture Rental Market
Furlenco
Feather
Rentomojo
Brook Furniture Rental
Rent-A-Center
Luxe Modern Rentals
The Everest

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