Household Insecticides Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Market Scenario 

Global household insecticides market to generate a revenue of US$ 20,976.7 Million by 2031 from US$ 12,693.6 million in 2022 at a CAGR of 6% during the forecast period 2023–2031. 

The increasing prevalence of vector-borne diseases such as malaria, dengue fever, and Zika virus, coupled with rising consumer awareness regarding the importance of maintaining hygiene and cleanliness, is expected to drive the demand for household insecticides during the forecast period. Furthermore, the growing trend of indoor gardening and the consequent need to keep insects and pests at bay are expected to further fuel market growth.

Region-wise, the Asia Pacific region is expected to witness the highest growth in the household insecticides market during the forecast period, owing to the presence of a large population, increasing awareness regarding vector-borne diseases, and the rising trend of indoor gardening. The North American and European markets are expected to remain dominant due to the high prevalence of insect-borne diseases and the high demand for household insecticides.

However, there are certain factors that may hinder the growth of the market. For instance, the negative impact of certain insecticides on the environment and human health may pose a challenge for the market players. Moreover, the availability of alternative pest control methods such as biopesticides and mechanical pest control may limit the demand for household insecticides.

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Market Dynamics 

Increasing Prevalence of Vector-Borne Diseases

Vector-borne diseases such as malaria, dengue fever, and Zika virus are a significant health concern globally. These diseases are transmitted by insects such as mosquitoes, flies, and ticks. The incidence of these diseases has been increasing in recent years due to factors such as climate change, urbanization, and travel. As a result, there is a growing need for effective measures to control the insect populations that transmit these diseases, and household insecticides play a crucial role in this regard.

Household insecticides are used to kill insects and pests that enter homes, thereby reducing the risk of vector-borne diseases. These products are available in various forms such as sprays, coils, and mats, and are easy to use. As the prevalence of vector-borne diseases increases, the demand for household insecticides is expected to rise, driving the growth of the household insecticides market.

Moreover, with the emergence of new vector-borne diseases and the increasing resistance of insects to traditional insecticides, there is a growing need for innovative and effective insecticide products. This creates an opportunity for market players to develop and launch new and advanced household insecticide products that cater to the evolving needs of consumers.

Growing Trend of Indoor Gardening

The growing trend of indoor gardening is another prominent driver of the household insecticides market. Indoor gardening involves growing plants indoors, either for decorative purposes or for food production. However, indoor plants can attract insects and pests, which can cause damage to the plants and create an unhygienic environment. This has led to an increase in demand for household insecticides that can effectively control insects and pests without harming the plants.

Household insecticides designed for indoor gardening are available in various forms, such as insecticidal soaps, neem oil, and pyrethrin sprays. These products are specifically designed to target the insects and pests that commonly infest indoor plants, such as spider mites, aphids, and whiteflies. As the trend of indoor gardening continues to grow, the demand for these products is expected to rise, driving the growth of the household insecticides market.

Furthermore, the growing popularity of organic and natural products is also driving the demand for eco-friendly household insecticides. Consumers are becoming more conscious of the potential harmful effects of chemicals in insecticides and are opting for products that are safe for their families and the environment. This trend creates an opportunity for market players to develop and launch eco-friendly household insecticides that cater to the evolving needs of consumers.

Restrain

Growing Environmental and Health Concerns

Despite the growth drivers for the household insecticides market, there are also several factors that may restrain market growth. One of the primary concerns is the negative impact of certain insecticides on the environment and human health. Many household insecticides contain chemicals that can harm the environment and human health. These chemicals can pollute water and soil, harm wildlife, and cause health problems such as skin irritation, respiratory problems, and even cancer. As a result, there is growing consumer awareness regarding the potential health and environmental impacts of insecticides, which may lead to a decline in demand for these products.

The regulatory environment for insecticides is becoming increasingly stringent, with many countries imposing restrictions on the use of certain chemicals in household insecticides. For instance, the European Union has banned the use of certain chemicals in insecticides due to concerns regarding their impact on the environment and human health.

Apart from this, the availability of alternative pest control methods such as biopesticides and mechanical pest control may limit the demand for household insecticides market. Consumers are becoming more conscious of the potential harmful effects of chemicals in insecticides and are opting for alternative methods that are safer for the environment and human health.

Segmental Analysis

By Product Form:

The product form segment of the household insecticides market includes essential oils, sprays, baits, and others. Among these, essential oils are expected to dominate the market, growing at a CAGR of 7.6% during the forecast period. The demand for essential oils is increasing due to their eco-friendly and natural properties, which are gaining popularity among consumers. Essential oils are derived from natural sources, such as plants, and are considered safe for humans and pets. Moreover, they have a pleasant fragrance and do not leave any harmful residues.

By Composition:

The composition segment of the household insecticides market includes synthetic and natural insecticides. Synthetic insecticides are expected to dominate this segment, accounting for 57% of the market share. Synthetic insecticides are chemical-based and are widely used in household pest control due to their effectiveness in controlling a wide range of pests. They are more potent than natural insecticides and can provide long-lasting protection.

By Active Ingredients:

The active ingredients segment of the household insecticides market includes pyrethroids, neonicotinoids, organophosphates, and others. Permethrin is expected to dominate this segment, accounting for over 8% of the market share. Permethrin is a type of pyrethroid and is widely used in household insecticides due to its effectiveness in controlling a wide range of pests, including mosquitoes, ticks, and fleas. Pyrethroids are synthetic versions of pyrethrins, which are naturally occurring compounds found in chrysanthemum flowers. Neonicotinoids are widely used as systemic insecticides and are highly toxic to bees and other pollinators. Organophosphates are highly toxic and can cause acute poisoning in humans and animals.

By Application:

The application segment of the household insecticides market includes mosquitoes, flies, rodents, and others. Among these, mosquitoes are expected to dominate with a 25% market share. Mosquitoes are responsible for transmitting deadly diseases such as dengue fever, malaria, and Zika virus, which are a significant health concern globally. Household insecticides are widely used to control mosquitoes and prevent the spread of these diseases. Flies and rodents are also a significant nuisance in households and are controlled using various household insecticides.

By Distribution Channel:

The distribution channel segment of the household insecticides market includes offline and online channels. The online segment is expected to grow at the fastest CAGR of 6.7% during the forecast period. This is due to the increasing adoption of e-commerce platforms and the convenience of online shopping for household insecticides. Online channels offer a wide range of products, competitive pricing, and easy accessibility. Moreover, the availability of online reviews and ratings helps consumers make informed decisions about their purchases. Offline channels such as supermarkets, hypermarkets, and convenience stores are also significant distribution channels for household insecticides. However, the offline segment is expected to grow at a slower rate due to the increasing popularity of online channels.

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Regional Analysis 

The Asia Pacific region is expected to lead the global household insecticides market, accounting for more than 47% of the market revenue. The region's large population base, urbanization, and increasing awareness of hygiene and cleanliness are significant drivers of market growth. The higher risk of pest infestations in urban areas due to increased urbanization is driving the demand for household insecticides in the Asia Pacific region.

Moreover, the high prevalence of vector-borne diseases such as dengue fever, malaria, and Zika virus in the Asia Pacific region is driving the demand for household insecticides. These diseases are mainly transmitted by mosquitoes, and the use of household insecticides is crucial in preventing their transmission.

The favorable regulatory environment in many countries of the Asia Pacific region is another driver of market growth. Governments in the region have adopted policies and regulations promoting the use of safer and more sustainable household insecticides. This has led to the launch of new and innovative products in the market. Market players in the region are investing heavily in research and development to develop eco-friendly and effective products that meet the evolving needs of consumers.

Additionally, the growing trend of indoor gardening in the Asia Pacific region is leading to an increase in demand for household insecticides market. Indoor plants are prone to pest infestations, and household insecticides are necessary in keeping pests and insects at bay. The increasing awareness among consumers of the harmful effects of chemical pesticides on the environment and human health is also driving the demand for eco-friendly and natural household insecticides.

The convenience of online shopping and the adoption of e-commerce platforms are expected to drive the growth of the market in the Asia Pacific region. The widespread adoption of smartphones and the internet has made it easier for consumers to purchase household insecticides. E-commerce platforms offer a wide range of products, competitive pricing, and easy accessibility, making it more convenient for consumers to purchase household insecticides.

List of Key Companies Profiled:

• BASF SE
• Bayer AG
• FMC Global Specialty Solutions
• Johnson & Son
• Natural INSECTO Products, Inc.
• Spectrum Brands Holding
• Sumitomo Chemical Co.
• Shogun Organics Ltd.
• Terminix
• Rentokil
• Ecolab
• Rollins, Inc.
• Other Prominent players

Recent Developments:

• April 2022: Exponus, an agtech company, unveiled an efficient and versatile tool aimed at assisting farmers in combating a diverse range of insect pests. This tool has been specifically designed to counteract resistance issues. It serves as an integral part of a comprehensive integrated pest management strategy, thus reaffirming Exponus' commitment to supporting sustainable and effective farming practices.
• March 2022: Bayer, the multinational pharmaceutical and life sciences company, confirmed plans to sell its pest control chemicals unit, which caters to the landscaping and facility management sectors, to Cinven, a private equity firm. The sale, valued at $2.6 billion, forms part of Bayer's strategic initiative to reduce its debt load and refocus its crop science business on serving core farming customers. This move indicates a shift in Bayer's strategic direction towards a more focused approach in serving the needs of the farming sector.

Market Segmentation Overview:

By Product Form

• Foams and Sprays
• Liquid Vaporizer
• Plug-in Mats
• Coils
• Baits
• Essential Oils
• Others

By Composition

• Natural
• Synthetic

By Active Ingredients

• Allethrin
• Bifenthrin
• Boric Acid
• Cyfluthrin
• Cypermethrin
• Deltamethrin
• Diatomaceous Earth
• D-limonene
• Esfenvalerate
• ETOC
• Fipronil
• Metafluthrin
• Permethrin
• Pyrethrin
• Resmethrin
• Sumithrin
• Tetramethrin
• Tralomethrin
• Transfluthrin
• D trans allethrin/ Esbiothrin
• Meperfluthrin
• Dimefluthrin
• Profluthrin
• Empenthrin
• Alpha cypermethrin
• cyphenothrin
• Heptafluthrin
• Momfluorothrin
• Others

By Application

• Cockroaches
• Ants
• Files & Moths
• Mosquitoes
• Termites
• Rodents
• Bedbugs & Beetles
• Others

By Distribution Channel

• Online
• Offline
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • General Stores 

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • Western Europe
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
• Asia Pacific
  • China
  • India
  • Japan
  • Australia & New Zealand
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of MEA
• South America
  • Argentina
  • Brazil
  • Rest of South America