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Allied Market Research

Home Insecticides Market by Product Form (Units, Liquid, and Powdered Granule), Application (Cockroaches, Ants, Mosquitoes, Flies & Moths, Rat & Rodents, and Bedbugs & Beetles), Product Type (Natural, and Synthetic), and Distribution Channel (Supermarkets/Hypermarkets, Drug Stores & Pharmacies, Online Retailing, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11828
Pages: NA
Aug 2021 | 163 Views
   
Author(s) : Roshan Deshmukh
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COVID-19

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Pests are living organisms that annoy or harm plants, humans, and animals, including pets. Living things such as rats, mice, and insects are examples of pests. Insects infest the home, contaminating food and food goods. Pest control in and around the home is a never-ending issue. Mosquitoes and other crawling and flying insects are controlled with household insecticides to avoid the spread of vector-borne diseases. Spray cans, oil sprays, mosquito coils, and slow-release vaporizing systems including mats and liquid vaporizers are the most commonly utilized devices. The global household insecticides market is experiencing growth due to an increase in the incidence of vector-borne diseases, a rise in government programs encouraging the use of household insecticides, and developments in pesticide release technologies such as sprays, aerosols, and gels. Integrated Pest Management (IPM) is a pest-control system that employs a variety of pest-control treatments in a cost-effective, safe, and environmentally sound manner. Physical, cultural, genetic, biological, chemical, and legal controls are among the different pest management strategies.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

2020–2030

Base Year Considered

2020

Forecast Period

2021–2030

Forecast Unit

Value (USD)

Regions Covered

North America, Europe, Asia-Pacific, LAMEA

Segments Covered

Product Form, Application, Product Type, Distribution Channel and Region

Companies Covered

FMC Global Specialty Solutions, Godrej Consumer Products Ltd., S.C. Johnson & Son, Inc., Spectrum Brands, Inc., Liphatech, Inc., Neogen Corporation, Earth Chemicals Co. Ltd., Dabur India Limited, Godrej Consumer Products Ltd.

COVID-19 Impact analysis

  • According to an analysis conducted by the Agriculture Ministry, the Indian pesticide industry is strongly reliant on Chinese imports for raw materials, and the COVID-19 outbreak could have a significant impact. The employment of lockdown and quarantine measures to combat the COVID-19 pandemic has reduced the manufacturing and supply of chemicals required to make pesticides, limiting the market growth.
  • Consumer stockpiling of household insecticides during the early stages of COVID-19 resulted in product shortages later in the pandemic since no new goods were available owing to a manufacturing standstill.
  • As a result of the government's initiative to maintain the local and home environment safe from various diseases, several insecticides that are commonly used to kill cockroaches and flies is expected to experience an increase in demand.

Top Impacting Factors

  • Increased threats from communicable illnesses such as malaria, as well as a greater focus on insect vector control by local and national government organizations, are likely to propel the growth of the industry.
  • Neem oil, Pyrethrin, Malathion, and Carbaryl are all common household pesticides. However, prolonged exposure to the odor or toxic chemical emissions from these products may constitute a health risk. The market's expansion is hampered by negative health effects from overexposure and an increase in vector resistance to insecticides.
  • There is an increase in awareness regarding the adverse effects of synthetic items on human health and thus people prefer organic products, which is anticipated to boost the market growth.

Market Trends

The global home insecticides industry is predicted to grow in response to rising concerns about vector-borne diseases.

Vector-borne diseases continue to be a major problem all over the world. Complex environmental and socioeconomic variables influence the spread of these diseases. Mosquitoes and flies are more prone to spread diseases. The market for household insecticides is gaining momentum owing to rise in concerns about vector-borne diseases. Individuals are becoming more aware of the dangers of vector-borne diseases, which is projected to lead to a rise in the number of people purchasing household pesticides over the projection period.

Godrej Consumer Products Pvt. Ltd. (a manufacturer of household pesticides) launched their mosquito repellents, Good Knight and Good Knight Fast Card, in the Indian market in 2014. This product, which is small and effective at killing mosquitos, was frequently sold in rural regions in 2014 and is expected to exhibit increase in demand during the forecast period.

Green Products of the Second Generation

Until recently, much of the attention paid to green products was centered on public health concerns. However, as the EPA focuses on how materials harm the environment, the demand for green products is increasingly turning to eco-protection. While green products have been available for some time, second-generation green items are now becoming available.

Key Segments Covered

Product Form

  • Units
    • Gel/Cream
    • Mat
    • Patches
    • Roll On
  • Liquid
    • Aerosol
    • Vaporizers
  • Powdered Granule

Application

  • Cockroaches
  • Ants
  • Mosquitoes
  • Flies & Moths
  • Rat & Rodents
  • Bedbugs & Beetles

Product Type

  • Natural
  • Synthetic

Distribution Channel

  • Supermarket/Hypermarket
  • Drug Stores & Pharmacies
  • Online Stores
  • Others

Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Benefits of the Report

  • This study presents the analytical depiction of the home insecticides industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the home insecticides market share.
  • The current market is quantitatively analyzed from 2020 to 2028 to highlight the home insecticides market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed home insecticides market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the Report

  • Who are the leading market players active in the home insecticides market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • What is "Home Insecticides" Market prediction in the future?
  • Which will be the niches at which players profiling with recent advancements should set a presence?
  • What are the driving factors and opportunities in the market?
  • What are the current trends and predicted trends?
  • What are the challenges faced in the "Home Insecticides" Market?
 
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