Global Household Insecticides Market, 2015-2021

Global Household Insecticides Market, 2015-2021
Persistence Market Research
Global Household Insecticides Market is
Expected to Reach US$ 17,249 Mn by 2021
and Asia Pacific to Witness Significant
Growth by 2021: Persistence Market
Research
Persistence Market Research
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Global Household Insecticides Market, 2015-2021
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Global Market Study on Household
Insecticides Market: Asia Pacific to Witness Highest Growth by 2021”, the global
household insecticides market has been estimated to be valued at US$ 10,958.0 Mn in 2015
and is expected to expand at a CAGR of 7.9% over 2015–2021, to reach US$ 17,249.0 Mn by
2021.
Household insecticides include substances applied to clothing, skin, or other surfaces to
control or repel insects. A wide range of insecticides is currently available in the global
market. These include insect sprays for use in the kitchen to weed killers for the lawn and
mosquito repellents for indoor or outdoor use. Household insecticides have been witnessing
wide acceptance to keep homes and gardens insect-free and to ensure safe and healthy
living environment
The growth of the global household insecticides market is majorly driven by increasing
demand from emerging regions such as Asia Pacific due to rapid urbanization and growing
disposable income among the population. In addition, factors such as rising urbanization and
concerns over vector-borne diseases across the globe are projected to fuel demand for
household insecticides in the near future.
Conversely, toxicity levels in household insecticides are increasing (primarily due to the
growing immunity level of insects), which is causing health problems from prolonged
exposure to chemicals and odor. This is one of the primary factors expected to hamper
demand for household insecticides globally.
Revenue from the global household insecticides market has been estimated to increase from
US$ 10,958.0 Mn in 2015 to US$ 17,249.0 Mn by 2021 at a CAGR of 7.9%.
The global household insecticides market has been broadly segmented on the basis of
purpose, distribution channel, packaging, composition, and region. On the basis of purpose,
the global household insecticides market has been segmented into: mosquito & flies control
segment (sub-segments include aerosol/spray, electric, coils, and others); rat & rodent
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Global Household Insecticides Market, 2015-2021
control segment (sub-segments include aerosol/spray and baits); termite control segment
(sub-segments include aerosol/spray and others); bedbugs & beetles control segment (subsegments include aerosol/spray and others); and others segment (sub-segments include
aerosol/spray and others). On the basis of the distribution channel, the market is segmented
into online and offline channels. The offline channel segment is further sub-segmented into a
hypermarket, supermarket, drug stores, convenience stores, neighborhood stores and
others. Others sub-segment includes specialty and other traditional stores. On the basis of
packaging, the market has been segmented into three types: small (50 ML– 200 ML),
medium (200 ML– 500 ML), and large (500 ML and above). On the basis of composition, the
market is segmented into natural and synthetic. The synthetic channel segment is further
sub-segmented as N,N-Diethyl-meta-Toluamide (DEET), Hydroxyethyl Isobutyl Piperidine
Carboxylate (Picaridin), and others. The natural segment is further sub-segmented as
Citronella Oil, Geraniol, and Others. Finally, on the basis of region, the global household
insecticides market is segmented into North America, Europe, Asia-Pacific, Middle East &
Africa, and Latin America.
Revenue from the mosquito and flies control segment is expected to remain dominant owing
to increasing demand for these insecticides in developing countries due to growing health
concerns. Major players in this market are focused on developing eco-friendly products
containing natural ingredients.
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Asia Pacific has been estimated to account for the significant market share of 54.6% in 2015.
Also, it is expected to record the highest growth during the forecast period due to greater
demand owing to rapid urbanization and increasing awareness regarding home pest control
in countries such as India and China.
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Godrej Consumer Products Ltd., Reckitt Benckiser Group, SC Johnson, Spectrum Brands
Holdings, Earth Chemicals Co. Ltd., Jyothy Laboratories Ltd., and Dabur India Limited are
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Global Household Insecticides Market, 2015-2021
some of the leading players in the global household insecticides market. Other major players
include AMPLECTA Europe GmbH VIN Corporation and Jaico R.D.P. N V.
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Market History:
Household insecticides include any substances applied to clothing, skin, or other surfaces to
control or repel insects. Demand for insecticides is currently on the rise; ranging from sprays
for controlling insect infestations in the kitchen, to weed killers for gardens and lawns and
mosquito repellents for indoor or outdoor use. Household insecticides have been widely
gaining acceptance to keep homes and gardens insect-free and to ensure safe and healthy
living environment.
Overall sales revenue from the global household insecticides market is expected to increase
at a CAGR of 7.9% over the forecast period to reach US$ 17,248.9 Mn by 2021.
Drivers and Trends
The growth of the global household insecticides market is majorly driven by increasing
demand from emerging regions such as Asia Pacific due to rapid urbanization and growing
disposable income among the population. In addition, factors such as increasing
urbanization and concerns over vector-borne diseases across the globe are projected to fuel
demand for household insecticides in the near future.
Conversely, toxicity levels in household insecticides are increasing (primarily due to the
growing immunity level of insects), which is causing health problems from prolonged
exposure to chemicals and odor. This is one of the factors restraining demand for household
insecticides globally.
Market Taxonomy
Persistence Market Research (PMR), in its report titled, “Household Insecticides: Global
Industry Analysis and Forecast, 2015–2021,” has segmented the global household
insecticides market on the basis of purpose, distribution channel, packaging, composition,
and region. On the basis of purpose, the global household insecticides market has been
segmented into: mosquito & flies control segment (sub-segments include aerosol/spray,
electric, coils, others); rat & rodent control segment (sub-segments include aerosol/spray
and baits); termite control segment (sub-segments include aerosol/spray and others);
bedbugs & beetles control segment (sub-segments include aerosol/spray and others); and
others segment (others segment includes lizard, ants, cockroaches & others and subsegments include aerosol/spray and others). On the basis of the distribution channel, the
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Global Household Insecticides Market, 2015-2021
market is segmented into online and offline channels. The offline channel segment is further
sub-segmented into a hypermarket, supermarket, drug stores, convenience stores,
neighborhood stores and others. Others sub-segment includes specialty and other traditional
stores. On the basis of packaging, the market has been segmented into three types: small
(50 ML– 200 ML), medium (200 ML– 500 ML), and large (500 ML and above). On the basis of
composition, the market is segmented into natural and synthetic. The synthetic channel
segment is further sub-segmented as N,N-Diethyl-meta-Toluamide (DEET), Hydroxyethyl
Isobutyl Piperidine Carboxylate (Picaridin), and others. The natural segment is further subsegmented as Citronella Oil, Geraniol, and Others. Finally, on the basis of region, the global
household insecticides market is segmented into North America, Europe, Asia-Pacific, Middle
East & Africa, and Latin America.
Household insecticides are manufactured in different forms and used for controlling various
types of insects. Household insecticides formats used for controlling mosquitos and flies are
aerosol/spray, electric, coils, others. The format for controlling rats & rodents are
aerosol/spray and baits. The format for termite control includes aerosol/spray and others
while aerosol/spray and others are used for controlling bedbugs & beetles. Aerosol/spray and
others formats are also used to control lizards, ants, cockroaches & others. Household
insecticides or insect repellents come in different forms depending on the basis of the
composition of materials namely ‘synthetic’ and ‘natural’. Preference for synthetic
insecticides for use at home has been increasingly shifting towards natural insecticides
owing to increasing health awareness. Growing online retail sales have also resulted in
increased opportunities for insecticides manufacturers over the long run. Demand for
household insecticides via the online channel is also expected to increase substantially over
the forecast period.
Analysis, by Region
Asia-Pacific accounted for the largest revenue share in the global household insecticides
market in 2014, and revenue from the market in the region is anticipated to increase at the
highest CAGR as compared to other regions over the forecast period. Consumption of
household insecticides in Asia Pacific is projected to increase by 1.9X between 2014 and
2021. Mature markets, i.e., North America and Europe, are expected to register relatively
slower growth during the forecast period.
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Global Household Insecticides Market, 2015-2021
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