COMPANY PROFILE -Rentokil Initial
Business Sector :Pest Control
Operating Geography :United Kingdom, Europe, Global
About Rentokil Initial :
Rentokil Initial is a business services company based in the United Kingdom. It is primarily focused on route-based services, such as pest control and hygiene, as well as a variety of smaller specialised services such as plants, medical services, property care, and specialist hygiene. The company is a constituent of the FTSE 100 Index and is traded on the London Stock Exchange. Harold Maxwell-Lefroy, Professor of Entomology at Imperial College, London, established the business in 1925. Rentokil, Initial, Steritech, and Ambius are the four global names under which the company's division operates. The company serves over a million consumers, ranging from multinational pharmaceutical, industrial and food manufacturing corporations to small businesses, restaurants, and private residences. The business employs 43,000 individuals in 83 countries, providing multi-national knowledge and expertise while maintaining the agility and characteristics of a local company. Rentokil Initial acquired Terminix in October 2022, making it the top pest control company in the world.
Rentokil Initial's USP is that it is the world's leading provider of commercial pest control services. The mission statement of the company reads, "Rentokil Initial provides services that protect people and enhance lives. We protect people from the dangers of pest-borne disease and the risks of poor hygiene. We enhance lives with services that protect the health and wellbeing of people, and the reputation of our customers' brands".
Rentokil Initial Revenue :
£ 2,956,6 million - FY ending 31st December 2021 (y-o-y growth 5.5%)
£ 2,823.5 million - FY ending 31st December 2020
Competitive Analysis of Rentokil Initial
The SWOT analysis for Rentokil Initial is presented below in a matrix followed by the detailed analysis report:
Strengths | Weaknesses |
1. Globally unmatched digital pest control platform
2. Global leader in pest control
3. Consistent performance through compound growth model
4. Leading commercial hygiene services provider
| 1. High accumulated bad debt due to exposure to loss making sectors |
Opportunities | Threats |
1. Growing demand in air hygiene
2. Increased fear of pathogens increases disinfectants demand
3. Washroom cleanliness market to see growth
4. International expansion in the emerging markets
5. Strategic mergers & acquisitions to facilitate growth
| 1. Strong competition from regional full-service companies
2. Losses due to non-compliance with competition authority
|
On purchase the Rentokil Initial SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
Detailed SWOT Analysis of Rentokil Initial
Strength
1. Global leader in pest control: Rentokil operates market-leading businesses in pest control and hygiene across five regions using a reliable and effective operational model. In terms of digital and innovation, it led its industries. It has more than 1800 local service teams working in over 90 of the world's top 100 cities across North America, South America, Europe, the UK, Sub-Saharan Africa, Asia, MENAT, and the Pacific, covering 90% of the global GDP. 90% of the company's revenue, which it generates across 88 countries, comes from sources other than the UK. Compounding revenue, profit, and cash growth through organic growth and M&A are the main focuses of its business model for profitable growth. The key differentiators for Rentokil are its strong brand, global presence, cutting-edge products, and an operational structure that enables it to channel its collective expertise through its front-line service associates. The majority of its revenue comes from non-food sectors, where it continues to see increasing market penetration and growth opportunities. It serves all commercial sectors, but customers in the food processing, food service, and food retail sectors are the most notable given their statutory requirements for pest control services.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
1. Growing demand in air hygiene: As a result of the COVID-19 crisis, hygiene is no longer just viewed as a basic necessity but as an integral part of daily life. The Group is particularly interested in air care. By 2025, the global air care market is predicted to generate more than $90 billion in revenue and show a CAGR of 42%. There is no safe level of airborne pollutants, and 68% of all diseases are related to air pollution, according to the World Health Organization. As a result, more is being done to stop transmission by installing air purifiers that have undergone extensive testing or improving ventilation. The current Rentokil air care product line includes items for air sterilisation, air purification, and air scenting. Over 13,800 air purification units have been installed at customer locations in 40 different countries so far, bringing in about £9 million in revenue. In 2021, Rentokil actively promoted VIRUSKILLERTM in all of the regions, and they are now noticing rising customer interest and especially encouraging development in Italy, Spain, Hong Kong, Singapore, and the UK. Today, a variety of customers, including car showrooms, hotels, offices, venues, and UK embassies, purchase VIRUSKILLERTM. Thus, Rentokil is well positioned to cater to the rising demand and generate high revenues.
The remaining section under "Opportunity" is available only in the 'Complete Report' on purchase.
Threat
This section is available only in the 'Complete Report' on purchase.
The PESTLE analysis for Rentokil Initial is presented below in a table followed by the detailed analysis report.
Political | Economical |
1. WHO’s food safety promotion will increase demand | 1. Gloomy market for commercial properties reduces demand |
Social | Technological |
1. Growing middle class increases the hygiene standards
2. Employee wellbeing at workplace, a growing trend
| 1. Digitally monitored hygiene consumables will save resources
2. Tech-leveraged innovative products to drive growth
|
Legal | Environmental |
1. Subject to comply with various laws and regulations
2. Allegations of violating California state laws
| 1. Growing emissions in the air will necessitate air filtration
2. Global warming responsible for spread of pests
|
On purchase the Rentokil Initial SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
Detailed Pestle Analysis of Rentokil Initial
Political
1. WHO’s food safety promotion will increase demand: Food safety has become a priority for WHO. The member countries of WHO need to apply a ‘One Health’ approach to promote food safety. The member states are mandated to put in place national food safety systems to prevent any foodborne diseases. Any data relevant to such outbreaks should be reported to International Network of Food Safety authorities. The national food safety system should apply new technologies to bolster the reporting of data. Rentokil Initial has been reviewing the food safety segment as an emerging sector. Its expertise in safety services gives it the ability to provide reliable solutions in food safety. The customers in this segment will be primarily the national governments. The changing environment in food safety can offset the loss of business in core hygiene segment.
The remaining section under "Political" is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
This section is available only in the 'Complete Report' on purchase.
Major Competitors :
- Orkin
- Terminix
- Anticimex
- Ecolab
- Massey Services
- Rollins
Major Brands :
- Rentokil
- Initial
- Ambius
- Steriltech
- Workwear
- Ambius
- Property Care
- Dental Waste
- Medentex
On purchase the Rentokil Initial SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
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Rentokil Initial Covid-19 Impact Analysis |
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Rentokil Initial BCG Analysis |
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Rentokil Initial Segmentation, Targeting and Positioning (STP) Analysis |
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Rentokil Initial Ansoff Matrix Analysis |
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References used in Rentokil Initial SWOT & PESTLE Analysis Report
1. 2021 Annual Report - https://www.rentokil-initial.com/~/media/Files/R/Rentokil/documents/annual-reports/rentokil-initial-annual-report-2021.pdf
2. 2020 Annual Report - https://www.rentokil-initial.com/about-us/business-model.aspx
3. About Us - https://www.rentokil-initial.com/about-us/business-model.aspx
4. SURFACE DISINFECTANT MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2021 - 2026) - https://www.mordorintelligence.com/industry-reports/surface-disinfectant-market
5. Clear and considered legal news and insights - https://www.ashurst.com/en/news-and-insights/legal-updates/rentokil-fail-to-come-clean---penalty-for-inadequate-responses-to-information-requests/
The detailed complete set of references are available on request in the 'Complete report' on purchase.
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Rentokil Initial SWOT and PESTLE analysis has been conducted by Mohit Harishchandra Deshmukh and reviewed by senior analysts from Barakaat Consulting.
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