Global Household Insecticides Market to Grow at 7.53% during 2023-2028, Spurred by Spread of Vector-Borne Diseases

According to the latest report by IMARC Group, titled "Household Insecticides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global household insecticides market reached a value of US$ 15.6 Billion in 2022. Household insecticides are chemicals that are utilized to control the growth of insects. These chemicals consist of citronella oil, geraniol oil, boric acid, cyfluthrin and hydroxyethyl isobutyl piperidine carboxylate and are available in various forms, such as gels, creams, roll-on, coils, mats, aerosols, oil sprays, vaporizers, patches, powders and granules. They are widely used to kill flies, rats, ants, moths, cockroaches, mosquitoes and beetles, along with harmful fungi and bacteria, to prevent the spread of vector-borne diseases. As a result, they are extensively employed across outdoor, kitchen and lawn applications in domestic settings.

Global Household Insecticides Market Trends:

The global market is primarily driven by the growing prevalence of vector-borne diseases, such as malaria, dengue fever and chikungunya. Moreover, individuals are becoming more aware of the disease transmission and infestations, which, in turn, is propelling the sales of household insecticides. Along with this, governments of various countries are organizing campaigns to educate individuals regarding the importance of maintaining a hygienic lifestyle. The continual launch of innovative products, such as oil sprays, lotions, repellent sprays and slow-release vaporizing systems, is acting as another major growth-inducing factor. The market is further driven by the advent of organic variants and the growing preference for premium products in urban markets. Other factors, such as rapid urbanization, increasing demand for pest control solutions, and rising consumer expenditure capacities, are creating a positive outlook of the market further. On account of the aforementioned factors, the market is anticipated to expand at a CAGR of 7.53% during 2023-2028.

Market Summary:

• On the basis of the product type, the market is divided into sprays, electric vaporizers, mosquito coils, baits and others.
• Based on the composition, the market has been bifurcated into natural (citronella oil, geraniol and others) and synthetic (N, N-diethyl-meta-toluamide [DEET], hydroxyethyl isobutyl piperidine carboxylate [picaridin] and others).
• On the basis of the packaging, the market has been classified into small, medium and large segments.
• Based on the application, the market has been segmented into cockroaches, ants, flies and moths, mosquitoes, rats and rodents, bedbugs and beetles, and others.
• On the basis of the distribution channel, the market has been categorized into supermarkets and hypermarkets, convenience stores, general stores, online stores, and others.
• On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
• The competitive landscape of the market has been examined in the report with the detailed profiles of the key players operating in the market. Some of these players include Amplecta AB, BASF SE, Bayer AG, Dabur India Limited, Earth Corporation, Godrej Consumer Products Limited, HPM Chemicals & Fertilizers Ltd., Jyothy Laboratories Ltd., NEOGEN Corporation, Reckitt Benckiser Group plc, S. C. Johnson & Son, Inc., Spectrum Brands Holdings, Inc., Sumitomo Chemical Co., Ltd., Zapi S.p.A., and Zhongshan Lanju Daily Chemical Industry Co Ltd.

Report Scope:

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