Market Research Report
North America Household Insecticides Market to 2027 - Regional Analysis and Forecasts By Insect Type ; Composition ; Packaging ; Distribution Channel
|Published by||The Insight Partners||Product code||924939|
|Published||Content info||147 Pages
Delivery time: 1-2 business days
|North America Household Insecticides Market to 2027 - Regional Analysis and Forecasts By Insect Type ; Composition ; Packaging ; Distribution Channel|
|Published: December 31, 2019||Content info: 147 Pages||
The North America household insecticides market is accounted to US$ 2245.1 Mn in 2018 and is expected to grow at a CAGR of 5.5% during the forecast period 2019 - 2027, to account to US$ 3610.3 Mn by 2027. The North America household insecticides market is segmented on the basis of insect type as mosquitoes & flies, rats & other rodents, termites, bedbugs & beetles, and others. The mosquitoes & flies North America household insecticides market is estimated to hold a dominant share in the market. There has been a rising demand for mosquito insecticides in the North America market. There are two leading and most widely used insecticides that are used in the preparation of household insecticides to be effective against mosquitoes known as malathion and permethrin. Malathion is an organophosphate that is quite often used for the elimination of mosquitoes indoors as well as outdoors and also against a wide range of insects. It is used in a small amount as in the mosquito insecticide as it possesses no harm to humans. Permethrin is another chemical that is widely used in the preparation of mosquito insecticides that belongs to the group of chemicals known as pyrethroids. This chemical is mixed with water or oil and is applied as a mist. This chemical is used in the preparation of mosquito insecticides as it damages the central nervous system of the mosquitoes and is noted to cause no harm to the humans as well as animals. Growing concerns regarding the risks associated with vector-borne diseases carried by mosquitoes and flies in urban areas is expected to fuel the growth of the household insecticides market in North America
The North America household insecticides market is segmented based on composition as natural and synthetic. The synthetic segment accounts for the largest share in the North America household insecticides market, while the natural segment also contributes a significant share in the market. The rising awareness of the effects of insects and it playing the role of epidemic diseases has led to an upsurge in the use of household insecticides and synthetic household insecticides in particular. Synthetic household insecticides are widely used all over North America as they are relatively inexpensive and are very efficient in killing pest and insects. The rising spread of mosquitoes, and other bugs due to deforestation and rapid urbanization is expected to drive the market for synthetic household insecticides market in the forecast period. While growing awareness about the ill-effects of synthetic pesticides has swayed many users towards more eco-friendly natural household insecticides. Manufacturers are launching new natural household insecticides to cater to these demand. The market for natural household insecticides is anticipated to grow in the forecast period.
The North America household insecticides market is segmented based on packaging as small, medium, and large. The small segment leads the North America household insecticides market whereas medium segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. The small packaging type of household insecticides generally weighs between 250 gm. to 500 gm. It has been noted that the small packaging insecticides have been frequently used as they are easy to port and can be used before the product expires. It has a short period of use due to its acute weight. The easy portability and low weight of the small packaging household insecticides has been a contributing factor for the expansion of the market all over the globe.
North America household insecticides market is segmented on the country as US, Canada, and Mexico. US has a major share in the North America household insecticides market, which is followed by Mexico. The large population of US generates significant demand for household pesticides per capita annually. The rise in home ownership, the burgeoning immigrant population, and growing income levels are attributed to the growing sales of household pesticides in the US, and Canada. The US led the North America household insecticides market in 2018, and is expected to continue its dominance during the forecast period by accounting for a significant share of the total North America market revenue share in 2027.
Some of the players present in North America Household Insecticides market are Godrej Consumer Products Limited, Liphatech, Inc, Neogen Corporation, SC Johnson & Son, Inc, Spectrum Brands, Inc., Reckitt Benckiser Group plc, Sumitomo Chemical Co., Ltd., Bayer AG, Medella Laboratories, and Chase Products Co.
The overall North America Household insecticides market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the North America household insecticides market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America household insecticides market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America household insecticides market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.