Market Forecast By Species Type (Subterranean, Dry Wood, Dampwood), By Control Method (Chemical, Physical & Mechanical, Biological), By Application (Commercial & Industrial, Residential, Agriculture & Livestock Farms) And Competitive Landscape
Product Code: ETC4593566 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 66 | No. of Figures: 12 | No. of Tables: 8 | |
Thailand Termite Control Market Report thoroughly covers the market by control method, species type and application. Thailand Termite Control Market Outlook report provides an unbiased and detailed analysis of the ongoing Thailand Termite Control Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
Real estate contributing approximately 10% of GDP in 2023, the industry's upward trajectory continues, fueled by increasing condominium developments, commercial projects, and high-value property investments. Structural damage from termites incurs an estimated annual cost of $8.28 million (THB 280 million), impacting both residential and commercial properties. Consequently, advanced pest management solutions have been increasingly becoming standard in high-risk areas to mitigate structural damage. Furthermore, Thailand’s agricultural sector is undergoing significant transformations to enhance productivity and sustainability, with a strong emphasis on integrating advanced technologies and innovative practices. Central to this evolution is the government's "Thailand 4.0" policy, which aims to modernize agriculture through the adoption of smart technologies. Given Thailand’s tropical climate—characterized by high humidity and consistent warmth—termite proliferation has been accelerating, posing a substantial risk to both urban structures and crops.
According to 6Wresearch, the Thailand Termite Control Market is projected to grow at a CAGR of 5.3% from 2025 to 2031, propelled by the rapid expansion of real estate and increasing investments in high-value properties as new housing project launches in the Thai capital fell 19% in 2024 as prices surged and developers focused more on building expensive properties. By January 2025, despite a slight decline in the Manufacturing Production Index (MPI) due to global economic uncertainties, Thailand’s industrial sector remained resilient.
Thailand’s luxury real estate sector, valued at $3.4 billion in 2024, is expected to grow at a rate of 3.4% annually until 2029, driven by High-Net-Worth Individuals (HNWIs),the demand for professional termite management solutions would rise. Additionally, Thailand’s sustainable agricultural sector is also advancing with initiatives such as the Thai Rice: Strengthening Climate-Smart Rice Farming Project (2024–2028), which helps smallholder farmers adopt climate-smart technologies such as Farm-level Water Management (FWM), Laser Land Levelling (LLL), and Integrated Pest Management (IPM), reducing reliance on chemical pesticides and indirectly benefiting the termite control market.
Further, the Twenty-Year Strategy (2017–2036) by the Ministry of Agriculture and Cooperatives (MOAC) promotes eco-friendly pest control and sustainable resource management. As Thailand embraces smart farming and urban sustainability, investments in AI-driven pest control, biological termite treatments, and IoT-based monitoring systems are expected to rise in the coming years.
The chemical method is expected to garner maximum revenue size in 2031 due to their proven effectiveness and long-lasting protection. However, due to increasing environmental concerns and regulatory restrictions on chemical pesticides and increasing regulations and awareness of environmental and health risks are accelerating the adoption of biological alternatives. Thus, biological termite control method is expected to witness the fastest growth by 2031. Additionally, consumers and industries are shifting toward eco-friendly solutions such as biopesticides, microbial treatments, and natural termite predators, driven by sustainability initiatives and stricter government policies. Thus, it is advised to focus on both chemical and biological methods of termite control in Thailand in the years to come.
Subterranean termites would continue to dominate Thailand’s termite control market by revenue size in 2031 and would also witness fastest growth by 2031 due to their aggressive nature and widespread presence. These termites thrive in Thailand’s humid climate, forming large underground colonies that infiltrate buildings through soil and cracks. They cause severe structural damage, making their control a priority. Rising real estate investments and moisture-retaining construction materials further drive subterranean termite infestation risks, thereby assisting in its revenue expansion. Dry Wood termites would have the second-fastest growth by 2031, as they infest furniture and wooden structures without soil contact.
The commercial & industrial segment is expected to experience the fastest growth by 2031 and highest market size in the termite control market in 2031 due to increased real estate investments, rising urbanization, and stringent property maintenance standards. High-value commercial properties, including office buildings, hotels, and retail spaces, require continuous termite protection to prevent structural damage and maintain asset value. The residential segment would have the second-fastest growth by 2031 as sustainability becomes a key priority. While urbanization and rising homeownership continue to drive demand, increasing awareness of eco-friendly pest management. Stricter regulations on chemical pesticides and advancements in AI-driven monitoring further support the transition, making sustainable termite control a growing trend in the residential sector.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Thailand Termite Control Market Overview |
3.1. Thailand Termite Control Market Revenues, 2021-2031F |
3.2. Thailand Termite Control Market – Industry Life Cycle |
3.3. Thailand Termite Control Market – Porter’s Five Forces |
4. Thailand Termite Control Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Thailand Termite Control Market Trends |
6. Thailand Termite Control Market Overview, By Type |
6.1. Thailand Termite Control Market Revenue Share, By Control Method, 2024 & 2031F |
6.1.1 Thailand Termite Control Market Revenues, By Chemical, 2021- 2031F |
6.1.2 Thailand Termite Control Market Revenues, By Physical & Mechanical, 2021- 2031F |
6.1.3 Thailand Termite Control Market Revenues, By Biological, 2021- 2031F |
7. Thailand Termite Control Market Overview, By Species Type |
7.1 Thailand Termite Control Market Revenue Share, By Species Type, 2024 & 2031F |
7.1.1 Thailand Termite Control Market Revenues, By Subterranean, 2021- 2031F |
7.1.2 Thailand Termite Control Market Revenues, By Dry Wood, 2021- 2031F |
7.1.3 Thailand Termite Control Market Revenues, By Dampwood, 2021- 2031F |
7.1.4 Thailand Termite Control Market Revenues, By Others, 2021- 2031F |
8. Thailand Termite Control Market Overview, By Application |
8.1 Thailand Termite Control Market Revenue Share, By Application, 2024 & 2031F |
8.1.1 Thailand Termite Control Market Revenues, By Commercial & Industrial, 2021- 2031F |
8.1.2 Thailand Termite Control Market Revenues, By Residential, 2021- 2031F |
8.1.3 Thailand Termite Control Market Revenues, By Agriculture & Livestock Farms, 2021- 2031F |
8.1.4 Thailand Termite Control Market Revenues, By Others, 2021- 2031F |
9. Thailand Termite Control Market Key Performance Indicator |
10. Thailand Termite Control Market Opportunity Assessment |
10.1. Thailand Termite Control Market Opportunity Assessment, By Control Method, 2031F |
10.2. Thailand Termite Control Market Opportunity Assessment, By Species Type, 2031F |
10.3. Thailand Termite Control Market Opportunity Assessment, By Application, 2031F |
11. Thailand Termite Control Market Competitive Landscape |
11.1 Thailand Termite Control Market Revenue Ranking, By Top 3 Companies, CY2024 |
11.2 Thailand Termite Control Market Key Companies Competitive Benchmarking, By Operating Parameters |
11.3 Thailand Termite Control Market Key Companies Competitive Benchmarking, By Technical Parameters |
12. Company Profiles |
12.1 BASF SE |
12.2 Syngenta Crop Protection AG |
12.3 Rentokil Initial plc |
12.4 Bayer Thai Co., Ltd |
12.5 FMC Corporation |
12.6 Sumitomo Chemical (Thailand) Co., Ltd. |
12.7 UPL Thailand |
12.8 King Service Center Co., Ltd. |
12.9 Ensystex, Inc. |
12.10 Nippon Soda Co., Ltd |
13. Key Strategic Recommendations |
14. Disclaimer |
List of Figures |
1. Thailand Termite Control Market Revenues, 2021-2031F ($ Million) |
2. Private Commercial Real Estate Construction Value, 2020-2023, ($ Billion) |
3. Newly Residential Supply Launched in Greater Bangkok, 2021-2025E (1000 Units) |
4. Thailand Termite Control Market Revenue Share, By Control Method, 2024 & 2031F |
5. Thailand Termite Control Market Revenue Share, By Species Type, 2024 & 2031F |
6. Thailand Termite Control Market Revenue Share, By Application, 2024 & 2031F |
7. New Office Supply and Net New Take-up in Bangkok, 2024 & 2025F (Thousand Square Meters) |
8. Thailand Hotel Transaction Volume, 2021-2025E ($ Million) |
9. Thailand Termite Control Market Opportunity Assessment, By Control Method, 2031F |
10. Thailand Termite Control Market Opportunity Assessment, By Species Type, 2031F |
11. Thailand Termite Control Market Opportunity Assessment, By Application, 2031F |
12. Thailand Termite Control Market Revenue Ranking, By Companies, CY2024 |
List of Table |
1. Thailand Major Real Estate Projects 2025E-2030F |
2. Major Office Projects in Thailand, 2024-2025E |
3. Thailand Upcoming 5-Star Hotel Projects, 2025E-2026F |
4. Thailand Ongoing Crop Protection Initiatives, 2017-2036F |
5. Thailand Termite Control Market Revenues, By Control Method, 2021-2031F ($ Million) |
6. Thailand Termite Control Market Revenues, By Species Type, 2021-2031F ($ Million) |
7. Thailand Termite Control Market Revenues, By Application, 2021-2031F ($ Million) |
8. Thailand Major Investment Transactions, Q1/2024 ($ Million) |