Overview:

The global household insecticides market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Household insecticides are the chemical products used to control the insecticides inside the house. These chemical inactivates or destroy the insecticides and helps to control the diseases arising from them. The household insecticides are available in various product forms such as powder, liquid, spray, gel, roll-on, etc.

Market Dynamics:

Increasing incidences of vector-borne disease and rising health concern among individuals is resulting in growing demand for mosquitoes, flies, bedbugs, and beetle control insecticides across the globe. This is a major factor expected to drive growth of the global household insecticides market.

Additionally, flourishing E-commerce sector in emerging economies and rising key players focus on online product selling to tap more customers is expected to boost growth of the target market over the forecast period. Also, introduction of small budget friendly packs and product advertising on social media platforms are among the other factors expected to support growth of the global market.

However, factors such as stringent government regulations related with product approval and side effects associated with bedbugs and beetle control solutions are expected to hamper growth of the global household insecticides market to a certain extent.

Key Trends:

Rising focus on development of eco-friendly and less harmful products among key players is a key trend expected to support growth of the global household insecticides market. For example, in December 2018, Godrej Consumer Products Limited has launched mosquito repellent agarbatti which is made from neem and turmeric ingredients.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region holds major market share in the global household insecticides market and is expected to witness highest growth over the forecast period. This is owing to presence of strong consumer base, dense population in countries such as China and India, and rising awareness among individuals related with the health issues may arise from household insecticides. In addition, rising spending capacity and economic development are among the other factors supporting market growth.

However, the target market in North America and Europe expected to witness considerable growth over the forecast period. This is owing to high awareness among general population about the available products and the health issues associated with household insecticides.

Scope of the Report:

Detailed Segmentation:

Global Household Insecticides Market, By Product Type:

• Aerosol
• Liquid
• Powder and Granules
• Others

Global Household Insecticides Market, By Nature:

• Natural
• Synthetic

Global Household Insecticides Market, By Application:

• Mosquito and Fly Control
• Rat and Rodent Control
• Bedbugs and Beetle Control
• Termites
• Others

Global Household Insecticides Market, By Distribution Channel:

• Supermarket & Hypermarket
• Convenience Stores
• Drug Stores
• Online

Key Players Covered:

Key players operating in the global market include, Sumitomo Chemical Co. Ltd., Reckitt Benckiser Group plc, Godrej Consumer Products Limited, Neogen Corporation, Earth Chemical Co. Ltd., S. C. Johnson & Son, Inc., Amplecta AB, Dabur India Limited, Kittrich Corporation, and Sanmex International Ltd.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Household Insecticides Market by product type, nature, application, distribution channel, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global household insecticides market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.