Market Size of Household Insecticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.25 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
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*Disclaimer: Major Players sorted in no particular order |
Household Insecticides Market Analysis
The Household Insecticides Market size is estimated at USD 17.24 billion in 2023, and is expected to reach USD 23.34 billion by 2028, growing at a CAGR of 6.25% during the forecast period (2023-2028).
- Increased threats due to communicable diseases such as malaria and an increased emphasis on the control of insect vectors by local and national government bodies are expected to drive the market in the forecast period.
- To cater to the needs of household consumers, companies in the market are increasingly providing convenience through products that are easy to use and require minimal effort. In addition, there is a growing trend towards safer and more environment-friendly household insecticides. This has led to an increase in the usage of synthetic pyrethroids, which are considered to be safer than traditional insecticides.
- One of the major challenges facing the market is the emergence of insect resistance among insects. This has led to the development of new and innovative insecticides that are more effective and have a longer residual effect. Another challenge is the negative impact of insecticides on the environment and human health. This has led to increasing demand for more sustainable and eco-friendly solutions. Therefore, with an increasing focus on safer and more sustainable products, the industry is expected to grow during the forecast period, coupled with increasing new innovations and solutions aimed at improving efficiency and effectiveness in controlling insect vectors.
Household Insecticides Industry Segmentation
Home insecticides are products designed to kill or control insects within and around the home. They are typically used to control common household pests such as ants, roaches, spiders, and flies. Home insecticides come in various forms, such as sprays, baits, powders, and traps, and are formulated with different active ingredients that target specific types of insects.
The household insecticides market is segmented by insect type into mosquitoes & flies, termites, bedbugs & beetles, and other insect types. By chemical type into synthetic and natural. By form into dust and granules, liquids, aerosol sprays, and other forms. By geography into North America, Asia-Pacific, Europe, South America, and Africa.
The market sizing has been done in value terms in USD for all the abovementioned segments.
| Insect Type | |
| Mosquitoes & Flies | |
| Rats & other Rodents | |
| Termites | |
| Bedbugs & Beetles | |
| Other Insect Types |
| Chemical Type | |||||
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| Form | |
| Dust and Granules | |
| Liquids | |
| Aerosol Sprays | |
| Other Forms |
| Geography | |||||||||
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Household Insecticides Market Size Summary
The household insecticides market is poised for significant growth, driven by increasing concerns over communicable diseases transmitted by insects, such as malaria and dengue fever. This growth is further fueled by government initiatives aimed at controlling insect vectors and the rising awareness among consumers about the importance of maintaining insect-free households. Companies in the market are responding to these demands by offering products that are easy to use and environmentally friendly, with a notable shift towards synthetic pyrethroids, which are perceived as safer alternatives to traditional insecticides. However, the market faces challenges such as insect resistance and the environmental impact of insecticides, prompting a demand for more sustainable and innovative solutions.
The Asia-Pacific region is a key driver of market expansion due to rapid urbanization, increasing disposable incomes, and a heightened awareness of vector-borne diseases. The region's growing population and urban density have led to a surge in demand for household insecticides as a preventive measure against disease transmission. Governments in this region are actively promoting awareness campaigns and implementing regulations to ensure the safe and effective use of insecticides. The market is characterized by a few major players who dominate the landscape, with companies focusing on product innovation and integrated marketing strategies to enhance their market presence and cater to both urban and rural consumers.
Household Insecticides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Insect Type
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2.1.1 Mosquitoes & Flies
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2.1.2 Rats & other Rodents
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2.1.3 Termites
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2.1.4 Bedbugs & Beetles
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2.1.5 Other Insect Types
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2.2 Chemical Type
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2.2.1 Synthetic
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2.2.1.1 N, N-Diethyl-Meta-Toluamide
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2.2.1.2 Hydroxyethyl Isobutyl Pieridine Carboxylate
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2.2.1.3 Other Chemical Types
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2.2.2 Natural
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2.2.2.1 Citronella Oil
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2.2.2.2 Geraniol Oil
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2.2.2.3 Other Natural Oils
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2.3 Form
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2.3.1 Dust and Granules
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2.3.2 Liquids
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2.3.3 Aerosol Sprays
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2.3.4 Other Forms
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 Spain
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2.4.2.3 United Kingdom
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 India
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2.4.3.2 China
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2.4.3.3 Singapore
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2.4.3.4 Japan
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2.4.3.5 Australia
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2.4.3.6 Rest of the Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Africa
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2.4.5.1 South Africa
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2.4.5.2 Rest of Souh Africa
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Household Insecticides Market Size FAQs
What is the current Household Insecticides Market size?
The Household Insecticides Market is projected to register a CAGR of 6.25% during the forecast period (2024-2029)
Who are the key players in Household Insecticides Market?
FMC Global Specialty Solutions, Godrej Consumer Products Ltd, S. C. Johnson & Son, Inc., Spectrum Brands, Inc. and Natural INSECTO Products, Inc. are the major companies operating in the Household Insecticides Market.
