Household Insecticides Market to Grow with a CAGR of 6.13% through 2028
Health concerns, lifestyle changes, and environmental considerations are expected to drive the Global Household Insecticides Market growth in the forecast period, 2024-2028.
According to
TechSci Research report, “Household Insecticides Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2028”,
the Global Household Insecticides Market stood at USD 17.21 billion in 2022 and
is anticipated to grow with a CAGR of 6.13% in the forecast period, 2024-2028.
This can be attributed to consumer preferences and convenience. Changing
consumer lifestyles and preferences are shaping the household insecticides
market. There is a growing demand for convenient and easy-to-use products, such
as aerosol sprays, vaporizers, and mosquito coils, reflecting a preference for
hassle-free solutions that integrate seamlessly into daily routines.
Furthermore, with
a heightened focus on safety, there is a growing demand for household
insecticides that are safe for children and pets. Manufacturers are formulating
products with ingredients that pose minimal risk to humans and animals while
effectively targeting pests. This trend aligns with the changing priorities of
safety-conscious consumers.
Browse over XX
market data Figures spread through XX Pages and an in-depth TOC on
"Global Household Insecticides Market”
The market is
anticipated to experience growth in the forecast period due to heightened
concerns about communicable diseases such as malaria, prompting increased
efforts by local and national government bodies to control insect vectors. In
response to the preferences of household consumers, businesses in the market
are increasingly offering user-friendly products that require minimal effort.
Additionally,
there is a rising inclination towards safer and environmentally friendly
household insecticides, leading to a surge in the utilization of synthetic
pyrethroids, acknowledged for their safety compared to traditional
insecticides.
However, the
market faces significant challenges, including the emergence of insect
resistance, which has spurred the development of more effective and
longer-lasting insecticides. Another obstacle is the adverse impact of
insecticides on both the environment and human health, driving the demand for
sustainable and eco-friendly alternatives. As the industry places a growing
emphasis on safer and more sustainable products, it is expected to witness
growth during the forecast period, propelled by ongoing innovations and
solutions aimed at enhancing the efficiency and effectiveness of insect vector
control.
The Global Household
Insecticides Market is segmented into insect type, chemical type, form,
regional distribution, and company.
Based on its insect
type, Mosquitoes and flies are poised to dominate the global household
insecticides market due to their pervasive presence and the associated health
risks they pose. These insects are not only nuisance pests but also carriers of
various diseases, making them a primary target for consumers seeking effective
insect control solutions. With increasing awareness of the potential health
hazards associated with mosquito and fly infestations, there is a growing
demand for reliable and potent insecticides that can efficiently eliminate
these vectors. Additionally, the rise in urbanization and globalization has led
to changing lifestyles, creating environments conducive to insect breeding. As
a result, the market for household insecticides is witnessing a surge in
demand, with a focus on products specifically designed to combat mosquitoes and
flies. Manufacturers are actively developing innovative formulations and
delivery systems to address the unique challenges posed by these insects,
further driving the dominance of mosquito and fly control solutions in the
global household insecticides market.
Based on form, Liquids
are positioned to dominate the global household insecticides market as the
preferred form for several compelling reasons. Firstly, liquid formulations
offer a high degree of versatility, allowing for easy application on various
surfaces and substrates. This adaptability ensures effective coverage in
diverse household settings, including hard-to-reach areas where insects may
proliferate. Secondly, liquid insecticides often come in user-friendly
packaging with convenient application mechanisms such as spray bottles or
trigger dispensers, making them accessible and straightforward for consumers to
use. The liquid format also facilitates precise dosage control, minimizing
wastage and ensuring cost-effectiveness for both manufacturers and end-users.
Furthermore, the liquid form enables the incorporation of advanced formulations
and active ingredients, enhancing the efficacy of insecticides against a wide
range of pests. As consumer preferences shift towards efficient and
user-friendly solutions, the liquid format's convenience and efficacy position
it as the dominant form in meeting the demands of the global household
insecticides market.
Major companies
operating in Global Household Insecticides Market are:
- Amplecta AB
- FMC Global Specialty Solutions
- Godrej Consumer Products Limited
- Natural Insecto Products Inc
- Nicols International SA
- Johnson & Son Inc
- Shogun Organics Limited
- Spectrum Brands Holdings, Inc.
Download Free Sample Report
Customers can
also request for 10% free customization on this report
“Global
household insecticides market is undergoing a significant evolution driven by
sustainability, technology, and changing consumer preferences. As these trends
continue to unfold, the industry is poised to offer innovative solutions that
not only effectively control pests but also align with the values and
expectations of a conscious and dynamic consumer base,” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“Household Insecticides Market By Insect
Type (Mosquitoes & Flies, Rats & other Rodents, Termites, Bedbugs &
Beetles, Others), By Chemical Type (Synthetic, Natural), By Form (Dust and
Granules, Liquids, Aerosol Sprays, Other), By
Region, By Competition Forecast & Opportunities, 2018-2028F”,
has evaluated the future growth potential of Global Household Insecticides Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Household Insecticides Market.
Contact
TechSci
Research LLC
420 Lexington
Avenue, Suite 300,
New York,
United States- 10170
Tel: +1-332-258-6602
Email: [email protected]
Website: www.techsciresearch.com