Press release
Household Insecticides Market is Projected to Increase at 6.9% CAGR and be valued at over US$ 27.7 Bn by 2031
Household Insecticides Market 2022
The global household insecticides market is currently valued at over US$ 14.25 Bn. Sales of household insecticides are projected to increase at 6.9% CAGR and be valued at over US$ 27.7 Bn by 2031. Rising concerns about vector-borne diseases is expected to surge demand for household insecticides.
Click Here to Get Free Sample Copy of this Report@https://www.persistencemarketresearch.com/samples/3923
Consistent growth in urbanization across the globe accompanied by rise in disposable income, especially in emerging economies such as India and China, is also expected aid demand growth. Rise in disposable income is expected to increase per capita household expenditure of the population across the globe, which, in turn, is likely complement sales of household insecticides. Moreover, tourism increasing tourism will lead to growth in demand for household insecticides as spending increases on products such as anti-mosquito gels, creams, and coils.
However, insect repellents are known to be toxic and can lead to health issues. As a matter of fact, many studies have shown that insecticides and insect repellents can have long-term side-effects. This is a primary factor negatively impacting market growth to some extent. Moreover, various stringent regulations imposed over the use of synthetic chemicals in household insecticides across regions are expected to hamper market expansion.
Key Companies -
• S. C. Johnson & Son Inc
• Reckitt Benckiser Group PLC
• Godrej Consumer Products Ltd
• Spectrum Brands Holdings
• Dabur India Limited
• Bonide Products Inc
• Pelgar International Limited
• Tiger Brands Ltd
• Embraced by AB
• Jyothy Laboratories Ltd
• Earth Chemicals Co. Ltd
• Neogen Corporation
• Liphatech Inc
• Zhongshan Lanju Daily Chemical Industries Co., Ltd
• Sumitomo Chemical Co., Ltd
• Kittrich Corporation
• Sanmex International Limited
• Lodi UK
Complete Report Details@https://www.persistencemarketresearch.com/market-research/household-insecticides-market.asp
In this market space, collaborations, acquisitions, and product launches are being witnessed on a large scale:
In 2021, Spectrum Brand Holdings announced its plans to acquire Life Products LLC, a maker of the brand Rejuvenate. This acquisition expanded the company's portfolio in the household insecticides segment.
In 2020, Godrej Consumer Products Ltd. launched a new liquid vaporizer mosquito repellant under its brand Good Knight. The vaporizer is named Good Knight Gold Flash, and the company claims it to be India's most powerful liquid vaporizer.
Key Takeaways from Market Study
• The global household insecticides market is anticipated to reach a value of US$ 27.7 Bn by the end of 2031.
• East Asia is the most prominent market for household insecticides. The region is expected to carry its dominance over the forecast period as well.
• Water-based household insecticides are expected to increase their market share due to shifting consumer base toward eco-friendly products.
• Liquid household insecticides are the most preferred across regions.
• Household insecticides to combat cockroaches and mosquitoes are the most-demanded across the world.
• Key manufacturers are engaged in research & development activities to expand their product portfolios with bio-based products and gain a competitive edge in the market.
• "Demand for household insecticides is estimated to be significantly driven by rising cases of mosquito-borne diseases such as dengue in urban environments," says a Persistence Market Research analyst.
Buy Now@https://www.persistencemarketresearch.com/checkout/3923
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
Related Reports-
Rail Lubricants Market - https://www.persistencemarketresearch.com/market-research/rail-lubricants-market.asp
Cold Insulation Materials Market - https://www.persistencemarketresearch.com/market-research/cold-insulation-material-market.asp
Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com
About PersistenceMarketResearch:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Household Insecticides Market is Projected to Increase at 6.9% CAGR and be valued at over US$ 27.7 Bn by 2031 here
News-ID: 2747544 • Views: …
More Releases from Persistence Market Research
Frozen Foods Market Heats Up with Innovation and Growing Consumer Demand
Market Overview:
The frozen foods market consists of a wide range of products, including frozen fruits and vegetables, meat and seafood, ready-to-eat meals, and desserts. These products are preserved through freezing to maintain freshness and quality for an extended period.
Market Size and Growth:
The global market for frozen foods is forecasted to be of valuation US$ 281.0 Billion in the year 2022 which is expanding at a value CAGR of 5.1% and…
The Global Graphene Market's Striking Growth and Innovative Applications
Introduction
Graphene, a single layer of carbon atoms arranged in a hexagonal lattice, has gained global recognition for its extraordinary properties, such as exceptional electrical and thermal conductivity, mechanical strength, and flexibility. Since its isolation in 2004 by Andre Geim and Konstantin Novoselov, graphene has sparked considerable interest in both scientific and industrial communities. This report explores the current state of the graphene market and its potential growth opportunities.
Get Access To…
Business Opportunities in Cyber Security Mesh Market : Top Countries Data Analys …
Market Overview:
The projected global market size for cyber security mesh is expected to reach $8.8 billion by the year 2033, with an estimated valuation of $1.2 billion by 2023. This market is poised to experience a compound annual growth rate (CAGR) of 21.7% from 2023 to 2033.
The global Cyber Security Mesh market is poised for significant growth as organizations worldwide grapple with the escalating threat landscape. Cybersecurity has become an…
Synthetic Beta-Carotene Market To Boost Incredible Growth: 2033, Share Valuation …
Key market trends included a shift towards natural and plant-based ingredients, as consumers sought cleaner labels and healthier options. This drove the demand for naturally sourced beta-carotene, but synthetic beta-carotene still had its place due to its cost-effectiveness and consistency in production. The market was also influenced by regulatory changes and evolving dietary preferences, which affected the application and formulation of synthetic beta-carotene in various products.
To obtain the latest market…
More Releases for Household
Global Household Cleaning Gloves Market, Global Household Cleaning Gloves Indust …
The Household Cleaning Gloves market is expected to grow from USD X.X million in 2020 to USD X.X million by 2026, at a CAGR of X.X% during the forecast period. The Global Household Cleaning Gloves Market report is a comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Household Cleaning Gloves market. The report focuses on well-known providers…
Global Household Appliances Market | Global Household Appliances Industry | Glob …
Household appliances are devices & equipments that have been produced to augment the comfort levels of consumers and also provide comfort in household activities for instance cooking, storage, entertainment, cleaning, washing. Based on their functions & capabilities they are either fixed or mobile. They are categorized into three sub-categories: small household appliances, major household appliances or white goods, and consumer electronics. Small household appliances include semi-portable & portable machines that…
Household Clothes Dryer Market
Household Clothes Dryer Market Size, Status, Business Future Scenarios and Brief Analysis 2020-2026
The "Global Household Clothes Dryer Market Report 2026"offers a clear understanding of the subject matter. The report has been gathered using principal and subordinate research methodologies. Both these methods are directed towards cooperating accurate and meticulous data concerning the market dynamics, historical events, and the current market landscape. Additionally the report includes a SWOT analysis that concludes the…
Household Air Care Products Market- Need for Desirable Household Ambience to Pus …
Key Findings
Desperate Need for Cleaner Air owing to Increase in Pollution Levels Raises Demand
The global household air care products market is predicted to gain impetus on the back of increasing adoption due to the surge in air pollution. The growing need for cleaner air could be another factor propelling the growth of the global household air care products market. High preference for fragrances in household air care products is expected to give…
Household Tissue Paper Products Market
Household Tissue Paper Products Market Overview
Various tissue papers products are widely used for household purposes in many forms such as paper towels, napkins, toilet rolls and much more. Although the products used for the household purpose and away from home purpose is same, the market characteristics widely differ. Also, paper products are widely preferred due to their high availability, completely biodegradable and complete recyclable characteristics over plastics and textiles. Due…
Household Vacuum Cleaning Robots Market 2018
Household Vacuum Cleaning Robots Market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Global Household Vacuum Cleaning Robots Market, provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Household Vacuum Cleaning Robots Market analysis is provided for the international Industry including development trends,…
