Market Research Report
Global Household Insecticide Market 2019-2023
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||317813|
|Published||Content info||134 Pages
Delivery time: 1-2 business days
|Global Household Insecticide Market 2019-2023|
|Published: August 1, 2019||Content info: 134 Pages||
An insecticide is a substance that is used to kill insects. Technavio's household insecticide market analysis considers sales from segments including sprays, vaporizers, mosquito coils, baits, and others. Our analysis also considers the sales of household insecticide in APAC, Europe, North America, South America, and MEA. In 2018, the sprays segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the ability of sprays to provide instant relief from insects will play a significant role in the sprays segment to maintain its market position. Also, our global household insecticide market report looks at factors such as the increasing prevalence of mosquito-borne diseases, expansion of retail landscape, and increase in the number of awareness campaigns by vendors and government organizations. However, increasing competition from insect repellents and pest control devices, increasing competition from professional household insecticide services, adverse effects on humans, and stringent regulations and ban on baits may hamper the growth of the household insecticide industry over the forecast period.
Vendors are increasingly introducing new mosquito repellants and care products due to the growing prevalence of dengue, yellow fever, chikungunya, filariasis, and other mosquito-borne diseases. Mosquito repellants and care products come in the form of repellent paints, sprays, lotions, repellent pills, and coils. The growing purchase volume of these products will lead to the expansion of the global household insecticide market at a CAGR of almost 6% during the forecast period.
Products made from natural ingredients is gaining popularity among consumers because products made from synthetic ingredients can cause health issues. Both regional and international players are launching new natural and organic repellant products in the market. This is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global household insecticide market during the forecast period 2019-2023, view our report.
With the presence of several major players, the global household insecticide market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading household insecticide manufacturers, that include Godrej Consumer Products Ltd., Reckitt Benckiser Group Plc, S. C. Johnson & Son Inc., Spectrum Brands Holdings Inc., and Sumitomo Chemical Co. Ltd.
Also, the household insecticide market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key leading countries