Rising concerns about vector-borne diseases is expected to boost the global household insecticides market

Household insecticides are the chemicals used to destroy or inactivate insects from houses. Household insecticides include the natural and synthetic substances applied to the skin, clothes and the surfaces of houses to control the growth of insects or roaches. Household insecticides are sold in various forms, such as gels/creams, aerosols, vaporizers, mats, patches, powdered, granule and roll-on. The demand for insect sprays for use in kitchens, outdoors and lawn applications has been rising significantly. Household insecticides have a wide range of qualities due to their superior properties.

Moreover, household insecticides are used for various applications, which include cockroaches, mosquitos, bedbugs & beetles, ants, rats & rodents and files & moths. Household insecticides are categorised as synthetic, which include DEET, Picaridin & others, and natural, which include citronella oil, geraniol and others. The incremental $ opportunity created by the household insecticides market during the forecast period is pegged at nearly US$ 6,458.0 Mn. The household insecticides market is expected to expand at a CAGR of 7.7% over the forecast period.

Request Report TOC @ https://www.persistencemarketresearch.com/methodology/3923

Rising concerns about vector-borne diseases is expected to boost the global household insecticides market

Vector-borne diseases remain a key challenge across the world. The spread of these diseases is determined by complex environmental and social factors. As mosquitoes and flies carry pathogens, they are more likely to spread infections. Rising concerns about vector-borne diseases is significantly fuelling the growth of the household insecticides market. People are increasingly becoming aware about the risks associated with vector-borne diseases, and this is expected to result in an increase in the number of people purchasing household insecticides during the forecast period

Key developments in the global household insecticides market

Companies are increasingly focusing on introducing new products to cater to the high demand from rural markets. The launching new products at reasonable prices can present potential opportunities for household insecticides manufactures in rural areas. For instance:

In 2014, Godrej Consumer Products Pvt. Ltd. (manufacture of household insecticides) introduced its mosquito repellents under the brand name ‘Good Knight’ and ‘Good Knight Fast Card’ in the Indian market, raking in approximately 28% of its overall revenue from the rural markets in the fiscal year 2014

Request for sample report: https://www.persistencemarketresearch.com/samples/3923

In October 2014, SC Johnson (manufacture of household insecticides) expanded its WOW business in the Yilo Krobo district of Ghana (West Africa) to cater to the consumers in rural areas. The ‘WOW Bundle’ includes products such as Raid Dual Action Insect Repellents & Home Fresheners, Mr. Muscle All-In-One Cleaner, OFF! Insect Repellent Lotion with aloe vera and others
Global household insecticides market segmentation

The global household insecticides market can be segmented on the basis of nature, product form, applications, sales channel and regions. On the basis of nature, the global household insecticide market is segmented as natural and synthetic household insecticides. By application, the global household insecticides market can be segmented into six segments: mosquitoes, cockroaches, ants, flies & moths, rats & rodents, bedbugs and beetles.

Moreover, on the basis of product form, the global household insecticides market has been segmented as gel/cream, mat, patches, liquid, roll on and powdered granule. By sales channel, the global household insecticide market has been segmented into two key types: store-based retailers and online retailers. Geographically, the global household insecticides market can be segmented into five regions: North America, Latin America, Europe, Asia Pacific and the Middle East & Africa.

Asia Pacific to remain a high-value, high-growth region in the global household insecticides market

Generally, household insecticides are majorly consumed in the densely populated regions such as Asia Pacific. Thus, the Asia Pacific region is expected to be a significant platform for the household insecticides market. China and India are the two major consumers in the Asia Pacific household insecticides market due to the presence of a large population and increasing disposable income.

Moreover, the U.S. market has witnessed steady growth due to the mixed macro-economic environment signals, which have resulted in relatively higher growth in consumer spending. As a result, the U.S. household insecticides market is projected to grow with a high CAGR during the forecast period (2018-2026).

Get Full Report of household insecticides market: https://www.persistencemarketresearch.com/checkout/3923

A brief introduction of the research methodology of the global household insecticides market

The initial phase/stage of research includes the formulation of a preliminary hypothesis, which was considered from the primary as well as secondary approaches. The subsequent stages involved the triangulation of the data gathered from these two approaches. To determine the market trends and opportunities, the global household insecticides market report has been segmented on the basis of five criteria: product form, nature, application, sales channel and regions.

For the final data analysis of the household insecticides market, we have considered 2017 as a base year and the basic data collected from the public as well as government sources such as the company’s annual reports, World Bank, newsletters, etc. Furthermore, the data collected is validated from product manufacturers, end-user procurement agencies, distributors and regional representatives. Considering the supply side as well as the demand side drivers and trends of the various regional markets, the historic data includes data for the period 2013-2017.

Key players in the global household insecticides market

The report on the global household insecticides market studies some of the major players of the household insecticides market across the world, which include Zhongshan Lanju, Liphatech Inc., Neogen Corporation, Earth Chemicals Co. Ltd., Jyothy Laboratories Ltd., Amplecta AB, Dabur India Limited, Spectrum Brands limited, Reckitt Benckiser Group PLC, Godrej Consumer Products Ltd., S. C. JOHNSON & SON, INC., Sumitomo Chemicals, Kittrich Corporation, Sanmex International, LODI UK LIMITED, BONIDE PRODUCTS INC., PelGar International, Scotts Australia and Tiger Consumer Brands, among others.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.