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Household Insecticides Market to Eyewitness Massive Growth by 2027

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Household Insecticides Market to Eyewitness Massive Growth by 2027

May 20
21:57 2021
Household Insecticides Market to Eyewitness Massive Growth by 2027
The household insecticides market was valued at US$ 11,785.9 Mn in 2018, and it is expected to grow at a CAGR of 5.2% during the forecast period 2019 – 2027 to reach US$ 18,514.3 Mn by 2027.

The market for global household insecticides is concentrated with some very well-established players. Some of the key players in the global household insecticides market include Godrej Consumer Products Limited, Liphatech, Inc., Neogen Corporation, SC Johnson & Son, Inc., Spectrum Brands, Inc., Reckitt Benckiser Group plc, Jyothy Laboratories Ltd., Sumitomo Chemical Co., Ltd., Bayer AG., and Medella Laboratories among others.

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The rising demand of household insecticides from the Asia Pacific region is projected to escalate the household insecticides market at a CAGR of 5.2%

In the Asia Pacific region, termites and other insects are of major risk for wood products in many situations for both permanent needs and short terms. The rise and expansion of the building and construction industry have been another contributing to the growth of the household insecticides market in the Asia Pacific region. With the presence of large household insecticides manufacturers in Japan, India and China, there has been an increasing demand for household insecticides in this region. The growing awareness of the harmful effects of insects such as mosquitoes, flies, cockroaches, rats and others has led to an elevated consumption rate of household insecticides in the Asia Pacific region. There have been growing occurrences of malaria in the Asia Pacific countries that have led to the growing use of household pesticides in this region. The consumers in the Asia Pacific region are well educated of the fact that these insects prove to be carriers of some of the most toxic epidemic diseases that have led to an elevation in the use of household insecticides in this region.

Report Spotlights

  • Progressive industry trends in the global household insecticides market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the market from 2017 to 2027
  • Estimation of the demand for household insecticides across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
  • Recent developments to understand the competitive market scenario and the demand for household insecticides
  • Market trends and outlook coupled with factors driving and restraining the growth of the household insecticides market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to global household insecticides market growth
  • household insecticides market size at various nodes of market
  • Detailed overview and segmentation of the global Household insecticides market as well as its dynamics in the industry
  • household insecticides market size in various regions with promising growth opportunities

Market Segmentation:

Household Insecticides Market, by Insect Type

  • Mosquitoes & Flies
  • Rats & other Rodents
  • Termites
  • Bedbugs & Beetles
  • Others

Household Insecticides Market, by Composition

  • Small
  • Medium
  • Large

Household Insecticides Market, by Packaging

  • Natural
  • Synthetic

Household Insecticides Market, by Distribution Channel

  • Supermarket/Hypermarket
  • Convenience Stores
  • Online Stores
  • Others

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Country: India
Website: https://www.theinsightpartners.com/reports/household-insecticides-market