Household Insecticides Market: Snapshot
The household insecticides market is slated to observe substantial growth across the forecast period of 2020-2030 owing to the rising cases of vector-borne diseases such as Dengue, West Nile Fever, and others. The overwhelming demand for insecticides in the residential sector may help in boosting the growth prospects of the household insecticides market.
The World Health Organization (WHO) states that vector-borne diseases account for more than 17 percent of all infectious diseases. Nearly 700000 deaths are caused due to vector-borne diseases. Dengue is also the most common viral infection through the Aedes mosquito. ~3.9 bn people across nearly 129 countries are on the threat radar of contracting dengue. Hence, these statistics show the importance of eliminating these diseases.
To eliminate these diseases, consistent pest control is of great importance. Hence, this prospect may invite promising growth for the household insecticides market. Not only mosquitoes, some types of wasps, bugs, flies, and others are known to harm the health to a great extent. Thus, based on all these factors, the household insecticides market may incur phenomenal growth.
Household insecticides are available in different forms such as liquids, aerosol sprays, dust, granules, and other forms. On the basis of nature, the household insecticides market can be classified into natural and synthetic. These insecticides are customized according to the types of pests such as mosquitoes, flies, moths, bedbugs, rats, rodents, cockroaches, and others.
This report on the household insecticides market aids the stakeholder to eliminate the barriers of fake information and offers a detailed analysis of a plethora of segments. The report provides the 3M (Market trends, Manufacturer analysis. Minute study on regions) advantage to the stakeholder. This advantage proves to be a game-changer for the stakeholder and assures ideal information on all aspects surrounding the household insecticides market.
The report focuses on the impact of the SARS-CoV-2 outbreak and also on the threats that may harm the growth prospects of the household insecticides market. The scrutinized study conducted by the researchers also highlights the opportunities and challenges that the household insecticides market may face during the tenure of 2020-2030.
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Household Insecticides Market: Competitive Prospects
The household insecticides market is highly fragmented with a large number of players in the ring. It is a mixed bag of players with some players operating at the domestic level while some of them operating at the global level. All the players indulge in intense research and development activities for gaining insights into novel formulations that prove to be of great convenience to the end-users.
Advertising strategies also form an important part. The players in the household insecticides market, with the help of effective advertising strategies and good social media presence, try to attract a large customer base. Expansion activities are one of the top priorities of the players in the household insecticides market to cater to the increased demand.
Some prominent participants in the household insecticides market are Zhongshan Lanju, PelGar International, Dabur India Limited, Reckitt Benckiser Group PLC, Sanmex International, Sumitomo Chemicals, and Godrej Consumer Products Ltd.
Household Insecticides Market: Key Trends
Non-toxic household insecticides are gaining good traction and are expected to help in increasing the growth rate of the household insecticides market. Toxic insecticides are harmful to humans and can lead to many problems. Hence, natural insecticides may bring exceptional growth for the household insecticides market.
Household Insecticides Market: Regional Landscape
The household insecticides market in Asia Pacific may invite great growth across the forecast period of 2020-2030 on the back of the escalating demand. Densely populated countries like India and China may serve as prominent growth contributors. North America may also observe lucrative growth for the household insecticides market during the tenure of 2020-2030.
Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.