Household insecticides are the chemical used to destroy insects from the houses. Insecticides also include the chemicals or substances applied to the surfaces of clothes or houses to control the growth of insects or roaches and to the skin to repel the contact of insects. Household insecticides products are available in different forms, such as gels/creams, aerosols, vaporizers, mats, granules, patches, powdered, and roll-on. The growing emphasis on the control of insect vectors by local and national government bodies has bolstered the growth of the India household insecticides market
The rising incidences and growing awareness about diseases caused by mosquitoes, flies, cockroaches, rats, and others have created a need for mosquito repellants and insect care products. These products are available in various forms, including lotions, sprays, coils, repellant paints, and repellant pills, and at a lower price, and thus consumers in rural India can afford them. The increasing prevalence of mosquito-borne diseases will bolster the demand for mosquito repellants, consequently fueling the growth of the household insecticide market in the rural region during the forecast period.
Product innovation is the most common market strategy adopted by firms to increase market penetration in rural areas and consumption growth in urban areas. Currently, spray/aerosol insecticides recorded the fastest growth, followed by electric insecticides. Moreover, the use of insecticide coils, which costs less per unit and available in wider options are preferred by low-income Indians. However, Indian companies such as Jyothy Laboratories and Godrej Consumer Products Limited have introduced a range of low priced products such as mosquito repellent cards priced at INR 1 per card mainly to tap the rural consumers. In addition, new players are also investing heavily in R&D activities to develop new and innovative products in order to sustain the competition in the India household insecticides market.
The India household insecticides market by insect types has been categorized in mosquitoes & flies, rats & other rodents, termites, bedbugs & beetles, others. In 2018, the mosquitoes & flies segment accounted for a larger share of the India household insecticides market. Mosquitos and flies are one of the major insects which are perceived to cause diseases. An increase in unhygienic environmental conditions and rapid urbanization are leading to the multiplication of mosquito and flies population. Anopheles and Aedes aegypti species of mosquito-spread several types of diseases such as Malaria, Dengue, Zika, and Chikungunya. Malaria has been a major problem in India for centuries. The rise in populations of insects, along with the growing awareness about insect-borne diseases, is expected to drive the growth of the India household insecticides market.
On the basis of composition, the India household insecticides market has been segmented into natural and synthetic. Under the composition segment, synthetic household insecticides are the leading segment in the India household insecticides market. Moreover, the natural household insecticides segment is projected to register for a higher CAGR over the forecast period. Chemicals used in synthetic household insecticides are hazardous for human health. They cause headaches, dizziness, muscular weakness, nausea, and several other health issues. The government of India has also imposed stringent regulations on chemicals that to be used in these products. The rising consumer awareness about the side effects of synthetic household insecticides, coupled with government regulations, has boosted the demand for household insecticides made by natural and organic ingredients. These factors are projected to boost the natural household insecticides market in India.
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 1,147.5 Million |
| Market Size by 2027 | US$ 1,829.6 Million |
| Global CAGR (2019 - 2027) | 5.4% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Insect Types
|
| Regions and Countries Covered | India
|
| Market leaders and key company profiles |
The List of Companies
The major players operating in the India household insecticides market, includes Godrej Consumer Products Limited, SC Johnson Products Pvt. Ltd., Reckitt Benckiser (India) Limited, and Jyothy Laboratories Ltd.
The Indian industry for household insecticides is estimated to grow at a CAGR of 5.4% during the forecast period of 2019-2027.
Natural household insecticides are expected to grow at a faster pace than synthetic household insecticides, as synthetic products contain chemicals that are hazardous to human health. Rising government regulations towards the reduction of harmful chemical usage in the insecticidal products, coupled with growing consumer awareness about the harmful effects of synthetic products, have led to the rising demands for natural products.