The Business Research Company’s Household Insecticides Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Household Insecticides Global Market Report 2023 evaluates household insecticides market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global household insecticides market size is expected to grow from $14.48 billion in 2022 to $15.57 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the household insecticides market is expected to grow to $20.69 billion in 2027 at a CAGR of 7.4%.
The increasing prevalence of mosquito-borne diseases is expected to drive the growth of the household insecticides market going forward. Diseases caused by bacteria, viruses, or parasites transmitted by mosquitoes are referred to as mosquito-borne diseases and include diseases such as malaria. The increasing prevalence of mosquito-borne diseases will create significant demand for household insecticides as killing the mosquitos indoors through the spraying of household insecticides helps reduce mosquito bites in households and prevents the spread of mosquito-borne diseases. For instance, according to the World Malaria Report 2021 published by the World Health Organization (WHO), a Switzerland-based body of the United Nations that is responsible for public health, 227 million cases of malaria (a disease caused by a parasite) were reported worldwide in 2019 and this figure was increased to 241 million cases of malaria in 2020. Therefore, the increasing prevalence of mosquito-borne diseases will drive the growth of the household insecticides market.
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The household insecticides market segments in the report are:
1) By Product: Sprays, Vaporizers, Mosquito Coils, Baits, Other Products
2) By Type: Mosquito And Fly Control, Rodent Control, Termite Control, Bedbugs And Beetle Control, Other Types
3) By Composition: Natural, Synthetic
4) By Packaging: Small (50-200 ML), Medium (200-500 ML), Large (500 ML And Above)
5) By Distribution Channel: Online, Hypermarket, Supermarket, Drug Stores, Convenience Stores, Neighbourhood Stores, Other Distribution Channel
The table of contents in TBRC’s household insecticides market report includes:
- Executive Summary
- Household Insecticides Market Characteristics
- Household Insecticides Market Trends And Strategies
- Household Insecticides Market – Macro Economic Scenario
- Household Insecticides Market Size And Growth
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- Africa Household Insecticides Market
- Household Insecticides Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Household Insecticides Market
- Household Insecticides Market Future Outlook and Potential Analysis
- Appendix
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