Global Household Insecticides Market: Asia Pacific to Witness Significant Growth by 2021, PMR Report

According to the latest market report published by Persistence Market Research titled, “Global Market Study on Household Insecticides Market: Asia Pacific to Witness Highest Growth by 2021,” the global household insecticides market has been estimated to be valued at US$ 10,958.0 Mn in 2015 and is expected to expand at a CAGR of 7.9% over 2015–2021, to reach US$ 17,249.0 Mn by 2021.

New York, NY, April 16, 2016 --(PR.com)-- Household insecticides have been witnessing wide acceptance to keep homes and gardens insect-free and to ensure safe and healthy living environment

The growth of the global household insecticides market is majorly driven by increasing demand from emerging regions such as Asia Pacific due to rapid urbanization and growing disposable income among the population. In addition, factors such as rising urbanization and concerns over vector-borne diseases across the globe are projected to fuel demand for household insecticides in the near future.

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Conversely, toxicity levels in household insecticides are increasing (primarily due to the growing immunity level of insects), which is causing health problems from prolonged exposure to chemicals and odor. This is one of the primary factors expected to hamper demand for household insecticides globally.

Revenue from the mosquito and flies control segment is expected to remain dominant owing to increasing demand for these insecticides in developing countries due to growing health concerns. Major players in this market are focused on developing eco-friendly products containing natural ingredients.

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Asia Pacific has been estimated to account for the significant market share of 54.6% in 2015. Also, it is expected to record the highest growth during the forecast period due to greater demand owing to rapid urbanization and increasing awareness regarding home pest control in countries such as India and China.

Godrej Consumer Products Ltd., Reckitt Benckiser Group, SC Johnson, Spectrum Brands Holdings, Earth Chemicals Co. Ltd., Jyothy Laboratories Ltd., and Dabur India Limited are some of the leading players in the global household insecticides market. Other major players include AMPLECTA Europe GmbH VIN Corporation and Jaico R.D.P. N V.

Browse through the full Global Household Insecticides Market Report with TOC at http://www.persistencemarketresearch.com/market-research/household-insecticides-market.asp

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