From USD 18.7 billion in 2022 to USD 31.5 billion by 2031 the worldwide home insecticides market is expected to expand at a CAGR of 6.8%. Asia-Pacific is most projected to rule the market during the designated period.
Growing understanding of vector-borne illnesses, urbanization, sanitary and sanitation issues drives consistent increase in the home insecticide market. Demand for fast and simple pesticide treatments is driven by consumers starting to spend more focus on maintaining their houses free from bug infestations. Even further market expansion will be facilitated by the creation of ecologically friendly pesticide formulations appealing to customers with such values.
Changing market direction towards environmentally friendly pesticide formulations
Natural and environmentally friendly formulations of home pesticides are gradually changing the market. Growing environmental effect and perhaps health issues push consumers looking for alternatives for conventional chemical-based pesticides more and more. Rising knowledge of the negative impacts of synthetic chemicals, a desire for safer products around children and pets, and a general change toward more sustainable living all mix to fuel this trend.
Manufacturers are meeting this need by creating plant-based pesticides, products mixed with essential oils, and other natural formulations providing great pest control free of harsh chemicals. Often combining neem, citronella, eucalyptus, and other plant extracts with insect-repelling characteristics, these goods Beyond their clear safety advantages, many customers appreciate these natural substitutes because of their appealing smells and minimal residue.
Companies stressing the natural and environmentally friendly features of their products to draw customers sensitive to their surroundings are impacting not just product development but also marketing techniques. Even more creative, natural pesticide solutions on the market in the next years could be expected as research and development in this sector develops.
Market Drivers: Leader in the market learning about illnesses transmitted by vectors
One of the main causes for the expansion of the home insecticide industry is increasing understanding of vector-borne illnesses. Consumers are starting to be more proactive in shielding themselves and their families from insect vectors as governments and international health organizations raise public knowledge on the risks connected with malaria, dengue fever, Zika virus, and Lyme disease.
Growing knowledge of this has resulted in demand for smart home pesticide solutions as a preventative action. Customers are aware that lowering their risk of disease spread depends increasingly on establishing insect-free living surroundings. This is especially clear in areas where vector-borne illnesses are more widespread, when public health programs could largely depend on home pesticides. The COVID-19 epidemic has intensified this trend even more because it has brought attention to general hygiene and health issues. This increased attention to health also applies to vector management; many homes use a variety of pesticide solutions to guarantee complete defense against disease-carrying insects.
Manufacturers are profiting from this trend as they create more strong and long-lasting formulas as well as creative application techniques meant to increase efficiency and comfort of usage. Furthermore under more focus are educational marketing initiatives highlighting not only goods but also knowledge of the significance of pest management in the prevention of diseases.
Market Restraints: Health and environmental issues related to chemical pesticides
Although home pesticides are more popular than ever, the industry suffers major difficulties due to rising environmental and health issues around chemical-based solutions. Many conventional pesticides include active components that, while beneficial against insects, can possibly endanger human health and the environment if applied improperly or too much.
These issues originate from many causes, including possible acute toxicity from accidental consumption or skin contact as well as long-term health impacts from continuous exposure to certain chemical substances. Furthermore casting doubt are the effects of these drugs on non-target species including beneficial insects like bees and their possible contamination of sources of soil and water.
In response to these problems, some national regulatory agencies have tightened rules on the production and use of home pesticides. This has led to certain active components being banned or restricted, which forces producers to rework their goods or look for substitutes.
Part of the explanation for consumer knowledge of these concerns is environmental and health group activity. This has caused some people reluctant to replace natural alternatives or non-chemical pest control techniques with chemical pesticides in their homes.
The sector is spending in research and development to provide safer, more ecologically friendly formulations in order to overcome these obstacles. Still, striking a balance between safety and effectiveness might be somewhat difficult. The need to follow changing rules and satisfy customer expectations for both efficacy and safety still limits market expansion and product development in the home insecticides sector.
Simple and flexible method of pest control
Still dominating the home pesticide industry, sprays and aerosols provide customers a quick and adaptable solution for bug control. The simplicity, fast efficacy, and ability to reach difficult-to-access spots where insects may hide or nest help to explain the appeal of this segment. Usually pressurized cans with a fine mist or spray of insecticide, these products enable targeted treatment on surfaces, in the air, or straight on insects by means of their huge coverage area and indoor and outdoor application alternatives lead them to be generally accepted. Consumers looking for continuous protection also find sprays with longer-lasting residual effects from improvements in formulation technology appealing.
Manufacturers are constantly developing and introducing goods with better smells, fewer chemical smells and less likely to leave obvious residue components within this sector. To meet the rising demand for more ecologically friendly solutions, aerosol sprays with natural or botanical components are also becoming very popular. Sprays and aerosols are the most often used product type in the home pesticide market because of adaptability in addressing a broad variety of insects, from flying pests like mosquitoes and flies to crawling insects like ants and roaches. The major focus of consumers on their pest control products is simplicity and efficiency; consequently, the sprays/aerosols industry is predicted to keep its leading market share in the next years.
Asia Pacific leads the globe household insecticides market
Many insects and rising awareness of health: Driven by a mix of causes including high insect populations, increasing health awareness, and fast urbanization, the Asia-Pacific region is expected to maintain its dominance in the worldwide home insecticides market. Particularly India, China, and Southeast Asia, these nations have tropical and subtropical temperatures that support insect growth, which fuels a continual need for successful home pesticide treatments.
Rising disposable incomes in many different fields and the region's fast expanding population taken together help to foster market growth. increased attention on health, cleanliness, and pleasant surroundings promotes increased spending on pest control solutions as living standards change. Urbanites often exhibit greater initiative in terms of pest management, hence the continuous urbanization trend of various Asian nations is also encouraging market development.
Vector-borne illnesses as chikungunya, malaria, and dengue fever have raised awareness of the need of pest management in many countries of Asia-Pacific as well. Especially in public health campaigns, governments and local health groups aggressively encouraging the use of pesticides serve to increase market expansion even further.
Local and multinational businesses are profit-making on this market potential by offering a broad selection of items tailored to regional tastes and demands. While undeveloped nations still give pricing first priority, natural and ecologically friendly pesticides are becoming more and more significant in more industrialized places all around. The explosion of e-commerce in Asia-Pacific is also greatly influencing market development and increasing availability of a great range of home insecticide goods to customers in both urban and rural locations. The Asia-Pacific area is most likely going to become even more dominant as awareness increases and product improvements address particular regional challenges help to reinforce its position as the top market for household insecticides in the next years.
Strong rivalry among regional businesses and multinational companies defines the home insecticides industry. Important rivals in the industry are SC Johnson, Reckitt Benckiser, and Godrej Consumer goods rule with their great diversity of products and excellent brand identification. Often with an eye toward natural and environmentally friendly solutions to fulfill changing customer preferences, these firms use their R&D resources to develop innovative formulations and application techniques. Often at similar cost, regional businesses compete by providing goods appropriate for local tastes and climatic circumstances. Larger corporations trying to distribute their goods and global reach are driving more merger and acquisition activity in the market. Since e-commerce gives smaller businesses more market access, it aggravates competition. Furthermore, the entrance of new businesses with specialized, natural product lines breaks the market and drives existing businesses to develop and change according to customer needs. Companies trying to stand out with sustainable credentials, safety, and product effectiveness create a dynamic entire competitive environment.
Under its Raid brand, SC Johnson debuted in 2023 a new range of natural, plant-based pesticides aimed at ecologically minded customers.
To further establish its presence in the swiftly expanding Southeast Asia, Reckitt Benckiser bought a regional pesticide producer there in 2022.
- SC Johnson & Son, Inc.
- Reckitt Benckiser Group plc
- Godrej Consumer Products Limited
- Spectrum Brands Holdings, Inc.
- Dabur India Limited
- Jyothy Laboratories Ltd.
- Newell Brands Inc.
- Earth Pharmaceuticals Ltd.
- Sumitomo Chemical Co., Ltd.
- Henkel AG & Co. KGaA
1. INTRODUCTION
1.1. Market Definition
1.2. Study Scope
1.3. Currency Conversion
1.4. Study Period (2022- 2031)
1.5. Regional Coverage
2. RESEARCH METHODOLOGY
2.1. Primary Research
2.2. Secondary Research
2.3. Company Share Analysis
2.4. Data Triangulation
3. EXECUTIVE SUMMARY
3.1. Global Household Insecticides Market (2018 – 2022)
3.2. Global Household Insecticides Market (2023 – 2031)
3.2.1. Market Segment By Product Type (2023 – 2031)
3.2.2. Market Segment By Composition (2023 – 2031)
3.2.3. Market Segment By Distribution Channel (2023 – 2031)
4. MARKET DYNAMICS
4.1. Market Trends
4.1.1. Shift towards natural and eco-friendly insecticide formulations
4.1.2. Increasing demand for long-lasting and multi-insect formulations
4.1.3. Growth of smart and connected insecticide devices
4.2. Market Drivers
4.2.1. Rising awareness of vector-borne diseases
4.2.2. Urbanization and changing lifestyles
4.2.3. Increasing disposable income in developing countries
4.3. Market Restraints
4.3.1. Health and environmental concerns associated with chemical insecticides
4.3.2. Stringent regulations on insecticide ingredients
4.4. Porter's Five Forces Analysis
4.4.1. Threat of New Entrants
4.4.2. Bargaining Power of Buyers/Consumers
4.4.3. Bargaining Power of Suppliers
4.4.4. Threat of Substitute Products
4.4.5. Intensity of Competitive Rivalry
4.5. Supply Chain Analysis
4.6. Pricing Analysis
4.7. Regulatory Analysis
4.8. Pipeline Analysis
5. BY PRODUCT TYPE (MARKET VALUE (US$ MILLION) – 2022-2031*)
5.1. Sprays/Aerosols
5.2. Coils
5.3. Electric Vaporizers
5.4. Others
6. BY COMPOSITION
6.1. Natural
6.2. Synthetic
7. BY DISTRIBUTION CHANNEL
7.1. Supermarkets/Hypermarkets
7.2. Convenience Stores
7.3. Online Retail
7.4. Others
8. REGION
8.1. North America
8.1.1. United States
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Rest of South America
8.3. Europe
8.3.1. Germany
8.3.2. United Kingdom
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Russia
8.3.7. Rest of Europe
8.4. Asia-Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. Australia
8.4.5. South Korea
8.4.6. Rest of Asia-Pacific
8.5. Middle-East
8.5.1. UAE
8.5.2. Saudi Arabia
8.5.3. Turkey
8.5.4. Rest of Middle East
8.6. Africa
8.6.1. South Africa
8.6.2. Egypt
8.6.3. Rest of Africa
9. COMPETITIVE LANDSCAPE
9.1. Key Developments
9.2. Company Market Share Analysis
9.3. Product Benchmarking
10. SWOT ANALYSIS
11. COMPANY PROFILES
11.1. SC Johnson & Son, Inc.
11.2. Reckitt Benckiser Group plc
11.3. Godrej Consumer Products Limited
11.4. Spectrum Brands Holdings, Inc.
11.5. Dabur India Limited
11.6. Jyothy Laboratories Ltd.
11.7. Newell Brands Inc.
11.8. Earth Pharmaceuticals Ltd.
11.9. Sumitomo Chemical Co., Ltd.
11.10. Henkel AG & Co. KGaA
11.11. Pelgar International
11.12. Zhongshan LANJU Daily Chemical Industrial Co., Ltd. (*LIST NOT EXHAUSTIVE)
12. MARKET OPPORTUNITIES
By Product Type:
By Composition:
By Distribution Channel:
By Region:
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