Press release
Household Insecticides Market to Witness Increased Revenue Growth Owing to Rapid Increase in Demand by 2026
Household insecticides are used to control the growth of mosquitoes and other crawling & flying insects to prevent the spread of vector-borne diseases. The products used most often are spray cans, oil sprays, mosquito coils, and slow-release vaporizing systems such as mats and liquid vaporizer.The key players operating in the global household insecticides market have strategically focused on product launch as their key strategy to gain significant market share. Amplecta AB, BASF SE, Bayer AG, Godrej Consumer Products, HPM Chemicals and Fertilizers Ltd., SC Johnson, Spectrum Brands, Sumitomo Chemical, Reckitt Benckiser, Zapi SPA are the key players in market.
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Increase in incidence of vector-borne diseases; rise in government initiatives prompting the use of household insecticides; and advancements in insecticide release technology such as sprays, aerosols, and gels are the factors that drive the growth of the global household insecticides market. However, adverse effects on human health on overexposure and increase in resistance of vector to insecticides hamper the growth of the market.
The report segments the global household insecticides market based on type, composition, distribution channel, packaging, and geography. On the basis of type, the market is classified into mosquito & fly control, rodent control, termite control, bedbugs & beetle control, and others. By composition, it is bifurcated into natural and synthetic. According to distribution channel, it is divided into supermarket, hypermarket, convenience stores, drug stores, online stores, neighborhood stores, and others.
As per packaging, it is segmented into small, medium, and large. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific is expected to dominate the global market, and is witnessing substantial growth in widely populated countries such as China, India, and South Korea.
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Key Benefits
• This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the household insecticides market.
• In-depth analysis of the market is conducted and estimations for key segments between 2015 and 2023 are provided.
• Global industry analysis for factors that drive and restrain the growth of the market are provided.
• Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the industry trends.
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