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Termite Bait Products Market

Termite Bait Products Market

Termite Bait Products Market By Termite Type (Subterranean, Dampwood), By Bait Type (Bait Devices, Liquid Eradication Methods), By Station (In Ground, Above Ground), By Distribution Channel (Online, Offline)- Global Market Insights 2021 to 2031

Termite Bait Products Market

About the Report

The global termite bait products market is projected to expand at a CAGR of around 5% over the forecast period of 2021 to 2031. Solutions to get rid of subterranean termites will remain most sought-after over the coming years.

Termites damage property worth billions of dollars each year, and to lessen this impact, industries seek termite bait products that can bait these pests and help prevent reduce losses. The need for termite treatment provides lucrative opportunities for termite bait product manufacturers and the complete value chain.

Foremost objective of the new report by Fact.MR on the termite bait systems and products market is to pitch insights on the market scenario, demand generators, and technological advancements in this space. The report provides a taxonomy elaborating on key segments.

The report also outlines visionary insights on the dynamics of the market, including the drivers, restraints, opportunities, trends and pricing analysis, along with key success factors. Market trends have been tracked in 20+ high-growth countries, pointing towards countries in North America, Europe, and East Asia holding bulk of the market share.

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Historical Trends Vs. Future Market Projections

From 2016 to 2020, termite bait product sales have been on a steady rise. As termites continue to damage many properties across the globe, demand for termite bait products is always increasing.

In FY2020, the market dipped because of the global COVID-19 pandemic, as in many countries, governments declared lockdowns and production was held up. But with ease in lockdowns and reopening of production sites, the market for termite bait products will see a resurgence over the coming months and years.

Forecast assessment is done by breaking down the period into three assessable periods, i.e., Short-run, medium-run, and long-run.

  • Short run:- Due to COVID-19, the market was affected, but with ease in lockdowns along with more industries buying termite bait products, it is predicted that demand will rise again.
  • Medium run: - To minimize damage done to their properties by termites, it is predicted that industries will spend more on termite bait products over the coming years.
  • Long run:- Economic cycles, inflation rate, substitutes, and regional demand and supply chain for termite bait products to impact overall market, which has been discussed in detail in the recently published report by Fact.MR.

All in all, the global termite bait products market is projected to advance at a decent CAGR of around 5% during the assessment period (2021-2031).

termite bait oroducts market region

Country-wise Analysis

Which Countries are Big Markets for Termite Bait Products?

Asian countries such as India and China are becoming huge markets for termite bait products. Termites are regarded are one of the most destructive pests in the continent. According to a recent study, it has been found that, termites destroy or damage around US$ 80 billion worth of properties in China alone.

In India as well, termites cause a lot of damage in wood industries, and also damage many crops as well. To prevent this, many industries and individuals in these Asian countries are spending huge on termite bait products.

Why is the United States a Leading Market for Termite Bait Products?

The United States of America is the biggest market for termite bait products. The country has one of the biggest wooden industries in the world, and most residential houses are made from wood. Each year, termites destroy or affect billions of dollars of property in the country, and subsequently, consumers spend on high termite-based products.

Demand for termite bait products is also high in the country because of increasing awareness regarding the harmful effects of chemical products that were being used to tackle termites.

An Adaptive Approach to Modern-day Research Needs

Category-Wise Insights

What types of Termites are There and what are the Baits Used to Trap Them?

There are generally three types of termites found - subterranean, dampwood, and Drywood. These termites usually feed on dead plant materials in the form of wood, and they can damage wooden properties and structures.

There are two methods to trap termites - one is by using bait devices in which a bait, generally a wood piece or a paper, is placed inside these devices and they are used to trap termites. The other way to get rid of termites is by using liquid eradication methods. In these, chemicals are used to prevent termites from destroying wooden structures or properties.

Which Stations are Termite Bait Products Used At?

Two kinds of stations are used in termite bait products – in-ground stations and above-ground stations. Bait stations can provide an effective, long-term solution for termiteissues.

In-ground termite stations, as the name suggests, are termite bait stations inserted into holes in the ground, with the cover flush with the soil surface. These stations are usually inserted 2-3 feet from the site.

In these stations, baits such as small wood pieces or small pieces of paper are used, and this attracts the termites, traps them, and prevents them from destroying the property.

Above-ground termite stations are placed above the ground. When the bait station is installed, it can control subterranean termite colonies. These bait stations have a small amount of insecticides, and they are placed at very specific locations. They are very easy to install and can help protect houses and other properties from being damaged by termites.

What are the Main Applications of Termite Bait Products?

Termite bait products has vast application in various fields, but are usually used for commercial & industrial, residential and agriculture, and livestock fields. In commercial and industrial places, main termite bait stations are installed to protect them from termites. In residential places, especially in places where houses are made from wood, termite bait products such as liquid eradication methods are used. In agriculture and livestock fields, termite bait products are used to save crops from the termites.

termite bait products market competition

Competitive Landscape

Aforementioned players rely on a blend of organic and inorganic strategies to deepen penetration across lucrative markets. These strategies include product launches, introduction of new products, partnerships, acquisitions, and strengthening of regional and global distribution networks.

Similarly, recent developments related to companies manufacturing termite bait products have been tracked by the team at Fact.MR, which is available in the full report.

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Report Scope



Forecast Period


Historical Data Available for


Market Analysis

US$ Mn for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • the Middle East & Africa

Key Countries Covered

  • U.S.
  • India
  • China
  • France
  • Canada
  • Germany
  • Brazil
  • U.K.
  • France
  • Japan
  • others

Key Segments Covered

  • By termite
  • By bait type
  • By station
  • By application
  • By distribution channel
  • Region

Key Companies Profiled

  • Bayer AG
  • DowDuPont
  • Ensystex
  • PCT International
  • Rentokil Initial PLC
  • Sbm Life Science Corp.
  • Spectrum Brand INC.
  • Sumitomo Chemicals LTD.
  • Syngenta and Others.
  • Others

Customization & Pricing

Available upon Request

Key Market Segments Covered

  • Termite

    • Subterranean Termite Bait Products
    • Dampwood Termite Bait Products
    • Drywood Termite Bait Products
  • Bait Type

    • Termite Bait Devices
    • Liquid Eradication Method for Termites
  • Station Type

    • In-ground Termite Bait Products
    • Above-ground Termite Bait Products
  • By Application

    • Commercial & Industrial Termite Bait Products & Systems
    • Residential Termite Bait Products & Systems
    • Termite Bait Products & Systems for Agricultural & Livestock Fields
  • Distribution Channel

    • Termite Bait Products through Online Channels
    • Termite Bait Products through Offline Channels
  • Region

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

- FAQs -

The United States of America is the biggest market for termite bait products in the world.
Termites can survive between the temperatures of 22 degree Celsius to 35 degree Celsius. That is why they are generally found in subtropical regions. With global warming, the number of termites is rapidly increasing.
According to research done by Fact.MR, it is projected that the market for termite bait products will expand at a CAGR of around 5% through 2031.
Countries such as the U.S., India, China, and some other Asian countries are huge markets for termite bait products.

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Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.