Household Insecticide Market:
Growth opportunities in the Household Insecticide Market look promising over the next six years. This is mainly due to the minimizing chances of vector-borne diseases like dengue, yellow fever, chikungunya, and malaria, along with their accessibility in various formats such as lotions, creams, oils, and dustable powders.
Household Insecticide Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
Some of the crucial drivers supplementing the growth of the global household insecticide market include increasing vector-borne diseases and mounting government measures to promote these household insecticides throughout the world. For example, vector-borne diseases count for over 17% of all kinds of infectious diseases leading to more than 700,000 deaths every year. Also, the ongoing expansions in the insecticide release technology, including aerosols, gels, and sprays, will strengthen the household insecticide market size. The great switch in the consumer’s preference towards non-toxic and eco-friendly products will promote the implementation of synthetic pyrethroids, thereby fuelling the demand of the market. Moreover, the accelerating mosquito and bed bugs population, accompanied by the augmenting awareness about the spread of diseases by these insects, is driving the market growth. However, as per the household insecticide market analysis, the souring consciousness concerned with the side effects caused due to prolonged usage of these insecticides will hamper the market growth.
Regional Drivers
Based on the regional coverage, Asia-Pacific is expected to witness a faster CAGR during the forecast period. This is owing to the growing concern regarding vector-borne diseases such as Dengue, West Nile Virus, Lyme disease, and Malaria primarily across the emerging nations, including India, Japan, and China. In addition, the amplifying urban population and increasing consumer’s preference towards safer homes have bolstered the market growth. The Philippines, in 2019, accounted for approximately 146,000 dengue cases, followed by Thailand having more than 20,000 dengue cases. In contrast, Sri Lanka recorded the highest number of dengue cases across Asia, accounting for more than 200,000 cases. Moreover, the strategic government measures to minimize the diseases caused by mosquitoes and other insects are further contributing to the market growth.
Household Insecticide Market’s leading Manufacturers:
- Natural INSECTO Products, Inc.
- HPM Chemicals and Fertilizers Ltd.
- Bayer AG
- Spectrum Brands, Inc
- Godrej Consumer Products Limited
- C. Johnson & Son, Inc
- FMC Corporation
- BASF SE
- Amplecta
- Sumitomo Chemical Co., Ltd.
Household Insecticide Market Segmentation:
Segmentation by Insect Type
- Mosquitoes & Flies
- Rats & Other Rodents
- Termites
- Bedbugs & Beetles
- Others
Segmentation by Chemical Type
- Synthetic
- N, N-Diethyl-Meta-Toluamide
- Hydroxyethyl Isobutyl Pieridine Carboxylate
- Others
- Natural
- Citronella Oil
- Geraniol Oil
- Others
Segmentation by Form
- Dust and Granules
- Liquids
- Aerosol Sprays
- Other Forms
Segmentation by Distribution Channel
- Hypermarkets/Supermarkets
- Drug Stores
- Online
- Convenience Stores
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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