Household Insecticides Market 2022-2031
New Study Reports “Household Insecticides Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2031” has been Added on PersistenceMarketResearch.
Report Details:
This report provides in depth study of “Household Insecticides Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Household Insecticides Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
According to the latest research conducted by Persistence Market Research on the household insecticides market, global demand is all set to witness high growth at a CAGR of 6.9% over the assessment period of 20212-2031. Rising concerns regarding vector-borne diseases is a key factor driving market growth.
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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 Players:
The report has profiled some of the important players prevalent in the global like – 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, Amplecta 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 and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Household Insecticides Market.
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.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Household Insecticides Market Manufacturers
Household Insecticides Market Distributors/Traders/Wholesalers
Household Insecticides Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Household Insecticides Market – Report Highlights
- A detailed overview of parent market of Household Insecticides Market
- Changing Household Insecticides Market dynamics in the industry
- In-depth segmentation of the Household Insecticides Market
- Historical, current, and projected Household Insecticides Market size regarding volume and value
- Recent industry trends and developments in Household Insecticides Market
- Competitive landscape of the Household Insecticides Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Household Insecticides Market performance
- Must-have information for Household Insecticides Market players to sustain and enhance their market footprint
Key Questions Answered in the Household Insecticides Market Report
How is the Household Insecticides Market expected to grow over the projected period?
What direction is the Household Insecticides Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Household Insecticides Market in future?
What are the key market drivers in the Household Insecticides Market?
What are significant opportunities and improvement areas for Household Insecticides Market manufacturers?
What are the key developments and trends taking over the Household Insecticides Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Household Insecticides Market?
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