Press release
Residential Pest Control Products Market Size, Growth Status, Share, Trends, Opportunity, and Forecast 2032 | BASF SE, Bell Laboratories, Brandenburg, Cortve Agriscience
The global residential pest control products market revenue was around US$ 6.9 billion in 2022 and is estimated to reach US$ 11.5 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2023 to 2031.Residential pest control products are intended to destroy, repel, prevent, and mitigate any kind of pests that thrive in residential settings like societies, apartments, and independent homes. The most well-known types of pests that thrive in the residential setting are flies, bed bugs, rodents, ants, termites, cockroaches, mosquitoes, wasps, spiders, and others. These pests pose an extreme threat to the health of humans and pet animals.
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Factors Influencing Market Growth
- The increased health consciousness about the adverse health influences of traditional chemical-based pesticides and insecticides, and the growing demand for eco-friendly products among consumers are particularly stimulating the demand for organic pest control products.
- The toxicity and health-related issues due to chemicals present in pesticides are a significant factor controlling the growth of the residential pest control product market.
- The ongoing research and development activities to expand the dependency on bio-based pesticides are anticipated to deliver lucrative growth opportunities.
Impact of COVID-19
The impact of the COVID-19 pandemic had a positive influence on the residential pest control products market as the demand for the market expanded particularly owing to raised health awareness. The increased health consciousness among the population resulted in the advanced adoption of pest control products to keep themselves and their family, protected from the diseases caused by insects and different other pests. The e-commerce segment also played a superior role in the sales and distribution of residential pest control products during the lockdown situation.
Regional Analysis
In 2022, North America dominated the global residential pest control products market in terms of share. The raised awareness regarding the diseases spread by pests, increased product penetration in the U.S., the rising prevalence of infectious diseases, growing healthcare costs, and growing residential applications are the major factors that led to the dominance of North America in the global residential pest control products market.
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Leading Companies
The leading prominent companies profiled in the global residential pest control product market are:
- BASF SE
- Bell Laboratories
- Brandenburg
- Cortve Agriscience
- EcoClear Products
- EPest Supply
- Monterey
- Nixalite, Pelgar International
- Pest Management Supply
- Rentokil Initial Plc
- Sumitomo Chemical India Ltd
- Syngenta AG
- Woodstream Corporation
- Other prominent key players
Segmentation Outline
The global residential pest control product market segmentation focuses on Type, Application Techniques, Pest Type, Distribution Channel, and Region.
Segmentation based on Type
- Chemical Control
- Pesticides
- Rodenticides
- Poison baits
- Others
- Physical Pest Control
- Traps and bait stations
- Glue boards
- Noicemakers
- Bug Zappers
- Others
- Organic Pest Control
Segmentation based on Application Techniques
- Dusters
- Hand Shakers
- Foot Pump
- Hand Crank Dusters
- Space Treating Equipment
- Aerosols
- Fogs
- Mists
- Others
- Sprayers
- Compressed Air Sprayer
- Small Hand Sprayers
- Others
Segmentation based on Pest Type
- Insects
- Chewing insect
- Piercing insect
- Others
- Nematodes
- Weeds
- Rodents
- Others
Segmentation based on Distribution Channel
- Supermarket/Hypermarket
- Independent Retail Stores
- E-commerce
- Others
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Segmentation based on Region
- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
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Analyze market outlook with recent trends and SWOT analysis.
Dynamic market scenario along with market growth opportunities for the coming years.
Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
Regional and national analyzes integrating supply and demand forces that are influencing market growth.
Market value (millions of dollars) and volume (millions of units) data for each segment and sub-segment
Competitive scenario involving the market share of the main players, along with the new projects and strategies adopted by the players in recent years.
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