The latest report by IMARC Group, titled “Household Insecticides Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the household insecticides market statistics. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global household insecticides market size reached USD 16.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 30.1 Billion by 2032, exhibiting a growth rate (CAGR) of 6.5% during 2024-2032.
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Household Insecticides Market Trends:
The global market is primarily driven by the rising awareness of vector-borne diseases such as dengue, malaria, and zika virus. In line with this, the increase in high-density living conditions is contributing to the proliferation of insects, thereby increasing the market growth. Furthermore, the growing consumer preference for convenience and ready-to-use products, is another key driver of market expansion. Additionally, inflating disposable incomes and changing lifestyles are augmenting demand for premium and innovative products, thereby impelling the market.
The rise in e-commerce platforms and online retailing is increasing the accessibility to a wider consumer base, enhancing the market appeal. Moreover, continual technological advancements in formulation and delivery methods, encouraging the efficacy and safety, are further expanding the market reach. Besides this, favorable government initiatives and public health campaigns aimed at controlling pest-related diseases are also creating a positive market outlook.
Household Insecticides Market Scope and Growth Analysis:
The scope of the market is poised for substantial growth, driven by its essential role in ensuring public health and safety in domestic settings. The market’s scope is expanding as consumers increasingly seek effective solutions to combat a variety of pests, driven by both health concerns and a desire for comfortable living conditions. According to market analysis, the rapid development of eco-friendly and less toxic insecticide formulations, appealing to environmentally conscious consumers, is broadening the market scope.
Additionally, the rising trend of integrated pest management, combining chemical and non-chemical methods for more comprehensive pest control, is further supporting growth in the market. The growing availability of household insecticides through online channels, providing consumers with easy access to a diverse range of products, is contributing to expansion in the market. As health and hygiene continue to be a priority for consumers worldwide, the market scope is expected to experience sustained growth.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Amplecta AB
- BASF SE
- Bayer AG
- Dabur India Limited
- Earth Corporation
- Godrej Consumer Products Limited
- HPM Chemicals & Fertilizers Ltd.
- Jyothy Laboratories Ltd.
- NEOGEN Corporation
- Reckitt Benckiser Group plc
- C. Johnson & Son, Inc.
- Spectrum Brands Holdings, Inc.
- Sumitomo Chemical Co., Ltd.
- Zapi S.p.A.
- Zhongshan Lanju Daily Chemical Industry Co Ltd.
Household Insecticides Market Segmentation:
Our report has categorized the market based on product type, composition, packaging, application and distribution channel.
Breakup by Product Type:
- Sprays
- Electric Vaporizers
- Mosquito Coils
- Baits
- Others
Breakup by Composition:
- Natural
- Citronella Oil
- Geraniol
- Others
- Synthetic
- N,N-Diethyl-Meta-Toluamide (DEET)
- Hydroxyethyl Isobutyl Piperidine Carboxylate (Picaridine)
- Others
Breakup by Packaging:
- Small
- Medium
- Large
Breakup by Application:
- Cockroaches
- Ants
- Files & Moths
- Mosquitoes
- Rats & Rodents
- Bedbugs & Beetles
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- General Stores
- Online Stores
- Others
Breakup by Region:
- North America (USA, Canada)
- Europe (Germany, France, UK, Italy, Spain, Russia, others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Middle East/Africa
- Latin America (Brazil, Mexico, others)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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