Household insecticides are the chemicals used to destroy or inactivate insects from houses. Household insecticides include the natural and synthetic substances applied to the skin, clothes and the surfaces of houses to control the growth of insects or roaches. Household insecticides are sold in various forms, such as gels/creams, aerosols, vaporizers, mats, patches, powdered, granule and roll-on. The demand for insect sprays for use in kitchens, outdoors and lawn applications has been rising significantly. Household insecticides have a wide range of qualities due to their superior properties.
Moreover, household insecticides are used for various applications, which include cockroaches, mosquitos, bedbugs & beetles, ants, rats & rodents and files & moths. Household insecticides are categorised as synthetic, which include DEET, Picaridin & others, and natural, which include citronella oil, geraniol and others. The incremental $ opportunity created by the household insecticides market during the forecast period is pegged at nearly US$ 6,458.0 Mn. The household insecticides market is expected to expand at a CAGR of 7.7% over the forecast period.
Rising concerns about vector-borne diseases is expected to boost the global household insecticides market
Vector-borne diseases remain a key challenge across the world. The spread of these diseases is determined by complex environmental and social factors. As mosquitoes and flies carry pathogens, they are more likely to spread infections. Rising concerns about vector-borne diseases is significantly fuelling the growth of the household insecticides market. People are increasingly becoming aware about the risks associated with vector-borne diseases, and this is expected to result in an increase in the number of people purchasing household insecticides during the forecast period
Key developments in the global household insecticides market
Companies are increasingly focusing on introducing new products to cater to the high demand from rural markets. The launching new products at reasonable prices can present potential opportunities for household insecticides manufactures in rural areas. For instance:
Global household insecticides market segmentation
The global household insecticides market can be segmented on the basis of nature, product form, applications, sales channel and regions. On the basis of nature, the global household insecticide market is segmented as natural and synthetic household insecticides. By application, the global household insecticides market can be segmented into six segments: mosquitoes, cockroaches, ants, flies & moths, rats & rodents, bedbugs and beetles.
Moreover, on the basis of product form, the global household insecticides market has been segmented as gel/cream, mat, patches, liquid, roll on and powdered granule. By sales channel, the global household insecticide market has been segmented into two key types: store-based retailers and online retailers. Geographically, the global household insecticides market can be segmented into five regions: North America, Latin America, Europe, Asia Pacific and the Middle East & Africa.
Asia Pacific to remain a high-value, high-growth region in the global household insecticides market
Generally, household insecticides are majorly consumed in the densely populated regions such as Asia Pacific. Thus, the Asia Pacific region is expected to be a significant platform for the household insecticides market. China and India are the two major consumers in the Asia Pacific household insecticides market due to the presence of a large population and increasing disposable income.
Moreover, the U.S. market has witnessed steady growth due to the mixed macro-economic environment signals, which have resulted in relatively higher growth in consumer spending. As a result, the U.S. household insecticides market is projected to grow with a high CAGR during the forecast period (2018-2026).
A brief introduction of the research methodology of the global household insecticides market
The initial phase/stage of research includes the formulation of a preliminary hypothesis, which was considered from the primary as well as secondary approaches. The subsequent stages involved the triangulation of the data gathered from these two approaches. To determine the market trends and opportunities, the global household insecticides market report has been segmented on the basis of five criteria: product form, nature, application, sales channel and regions.
For the final data analysis of the household insecticides market, we have considered 2017 as a base year and the basic data collected from the public as well as government sources such as the company’s annual reports, World Bank, newsletters, etc. Furthermore, the data collected is validated from product manufacturers, end-user procurement agencies, distributors and regional representatives. Considering the supply side as well as the demand side drivers and trends of the various regional markets, the historic data includes data for the period 2013-2017.
Key players in the global household insecticides market
The report on the global household insecticides market studies some of the major players of the household insecticides market across the world, which include Zhongshan Lanju, Liphatech Inc., Neogen Corporation, Earth Chemicals Co. Ltd., Jyothy Laboratories Ltd., Amplecta AB, Dabur India Limited, Spectrum Brands limited, Reckitt Benckiser Group PLC, Godrej Consumer Products Ltd., S. C. JOHNSON & SON, INC., Sumitomo Chemicals, Kittrich Corporation, Sanmex International, LODI UK LIMITED, BONIDE PRODUCTS INC., PelGar International, Scotts Australia and Tiger Consumer Brands, among others.
Persistence Market Research (PMR) published a research study on the household insecticides market in its revised report titled “Household Insecticides Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026.” The main purpose behind the household insecticides report is to offer a detailed analysis of household insecticides. This report offers a value-volume analysis for global household insecticides market. The report shows the market value (US$ Mn) and Y-O-Y growth on the basis of product forms, nature, sales channels, applications, and regions. For analyzing the volume analysis, firstly, we considered the product form. As per the research study, there are three forms of household insecticides such as units (pieces), powdered granule, and liquid form. To determine the overall volume analysis of household insecticides consumed in the world, we tracked the product forms sold at regional levels and calculated the entire volume in three different sections- units, tons, and million liters.
The report on the global household insecticides market provides forecast factors, macroeconomic factors, market definition, Porter's analysis, PESTLE analysis, and other factors. The report provides significant information pertaining to the above-mentioned segments in the global household insecticides market.
For a better understanding and market analysis, the report includes market dynamics- drivers, restraints, trends, and opportunities that influence the current market scenario and are expected to impact the global household insecticides market over the forecast period (2018-2026). The research report provides the data for the financial year 2017 with an inclusive analysis of market forecast for the period 2018-2026.
For the illumination of market trends and opportunities of household insecticides, we are offering the report titled- global household insecticides market (2018-2026). The report has been categorically segmented into different sections such as product forms, applications, nature, sales channel, and regions. The first section of the report includes market introduction/definition, taxonomy, and market definition by segments.
Next, the second section of the global household insecticides market includes the macroeconomic factors along with the value chain, drivers, restraints, trends, and opportunities, & pricing analysis pertaining to the global household insecticides market.
After this, the household insecticides market viewpoint has been covered, which includes the global value and volume analysis for household insecticides with a pricing analysis for five regions including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
By Product Form
By Sales Channel
The final part in the market background is included in the impact of the forecast factors, which include a study of the factors that are expected to have an impact on the household insecticides market, such as regulations and other key insights pertaining to the market.
The sections that follow consist of the global household insecticides market analysis – by product form, nature, sales channel, application, and region/country. The overall market analysis for numerous regions depends on the macroeconomic environment of those particular regions. Each regional section of the report contains qualitative data and quantitative aspects of the global household insecticides market.
In the final section of the report, we have provided a competition analysis with company market share pertaining to the household insecticides and performance of manufactures by tier down structure of global household insecticides market. In the competition dashboard section of the global household insecticides market, we have provided a dashboard view of major players along with the market share, and their key business strategies. This would enable clients to evaluate strategies deployed by market leaders and help them develop effective strategies consequently.
The first stage of research includes the formulation of a preliminary hypothesis, which was considered from primary as well as secondary approaches. The subsequent stages involved triangulation of data gathered from the two approaches. To determine the market trends and opportunities, the global household insecticides market report has been segmented on the basis of five criteria: product form, nature, application, sales channel, and region.
For the final data analysis of the household insecticides market, we have considered 2017 as a base year and the basic data collected from the public as well as government sources such as the company’s annual reports, World Bank, newsletters, published reports on government or public sites, etc. Further, the collected data of household insecticides validated from product manufacturers, end-user procurement agencies, distributors, and regional representatives was gathered.
For market estimation, we have considered both the side market drivers- demand side as well as supply-side drivers. Historical data includes data for the period 2013-2017 and forecast estimation for the period 2018-2026. We have considered the market trends, product development, and strategic developments among the manufactures of household insecticides. The forecast presented in the global household insecticides report evaluates the actual market size (US$ Mn) in 2017 with regard to the product (household insecticides) and the expected market value in the global household insecticides market over the forecast period. Moreover, the report shows the market attractiveness for the upcoming eight years. This market attractiveness value helps clients identify real opportunities in the global household insecticides market.
Further, we also considered the regulations of household insecticides for estimation of consumption of household insecticides for every region. Regulation is majorly affected by the consumption of household insecticides. For instance, in Europe, there are number of stringent regulations for the usage of household insecticides, which have moderate to high impact on the global household insecticides market. Moreover, to analyze the market share and competition analysis section, we tracked the company’s key developments like expansion, collaboration, acquisitions, product launches, and recognition.
For tier analysis and market share of key players of household insecticides, we collected the data from annual reports published by the manufacturers of household insecticides and estimated the market share of players on the basis of the distribution of the product at the regional level.