Household Insecticides Market Size, Trends, Industry Analysis, Overview, Share And Forecast 2022 To 2028

Posted by Roger on February 23rd, 2023

Growing awareness of vector-borne diseases is driving the market growth for household insecticides. According to the World Health Organization, around 700,000 deaths occur every year due to vector-borne diseases, with malaria accounting for one-fifth of all global mortality. Government initiatives to prevent the spread of mosquitoes and chiggers are also driving the market, as are the technological advances in insecticide discharge technology. However, adverse effects of overexposure to these pesticides and stringent regulations are expected to limit the growth of the market.

Market Dynamics:

Growing cases of insect-borne and communicable diseases such as malaria and dengue is expected to propel growth of the global Household Insecticides Market over the forecast period. Increasing prevalence of such diseases is driving the demand for household insecticides. For instance, according to the World Health Organization (WHO) World malaria report, in 2020, the disease affected 241 million people all over the world and caused 627 000 deaths in the same year, which was an increase of 69 000 deaths from previous year.

However, harmful side effects on human health due to overexposure and growing resistance of vectors to insecticides is expected to hinder growth of the global household insecticides market over the forecast period.

Impact of COVID-19:

The epidemic of COVID-19 affected several industries worldwide. The outbreak of virus spread across more than 200 countries and to control the virus spread many of the countries implemented stringent regulations and restrictions on movements. Thus, various market activities such as manufacturing, supply and distribution were disrupted and demand for products declined during this period. This ultimately affected the global economy. Thus, the COVID-19 pandemic affected the global household insecticides market.

Key Takeaways:

  • The global household insecticides market is expected to grow, with a CAGR of % over the forecast period due to technological development in insecticide releasing devices such as aerosols, gels, and sprays. For instance, in July 2021, SC Johnson launched first-of-its-kind Pest Index created by AccuWeather and designed for a season activation with SC Johnson to help families plan for times such as park trip and backyard BBQ.
  • Asia Pacific is anticipated to witness strong growth in the global household insecticides market over the forecast period due to increased demand for such insecticides due to rising population, growing disposable income, increasing urbanization in the region.
  • Major players operating in the global household insecticides market are Zapi SPA, Amplecta AB, Reckitt Benckiser, BASF SE, Sumitomo Chemical, Bayer AG, Spectrum Brands, Godrej Consumer Products, SC Johnson, and HPM Chemicals and Fertilizers Ltd.

To Know More Information Read the Blog  - https://www.coherentmarketinsights.com/market-insight/household-insecticides-market-4944 

About Coherent Market Insights

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame,
CA 94010, United States
Phone: US +12067016702 / UK +4402081334027
JAPAN:+81-50-5539-1737
INDIA:+91-848-285-0837
Email: sales@coherentmarketinsights.com

Like it? Share it!


Roger

About the Author

Roger
Joined: September 27th, 2022
Articles Posted: 973

More by this author