Europe Household Insecticides Market to Reach US$ 3,184.5 Mn at a CAGR of 5.4% in 2027

Europe Household Insecticides Market to 2027 - Regional Analysis and Forecasts By Insect Type (Mosquitoes & Flies, Rats & other Rodents, Termites, Bedbugs & Beetles, Others); Composition (Natural, Synthetic); Packaging (Small, Medium, Large); Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Online Store, others)

  • Report Code : TIPRE00007904
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 197
Buy Now

The Europe household insecticides market is accounted to US$ 2,005.9 Mn in 2018 and is predicted to grow at a CAGR of 5.4% during the forecast period 2019 – 2027, to account for US$ 3,184.5 Mn by 2027.

In 2018, Italy dominated the Europe household insecticides market, followed by France. The market for household insecticides in Italy is increasing as government and local authorities in Italy have taken up initiatives encouraging the use of household insecticides for protection against vector borne diseases. The importation of mosquito species such as Ae. Albopictus in Italy has resulted in the spread of vector borne diseases in the country. Ae. Albopictus has now spread in 22 provinces, in the north east part of the Italy. Italy is now considered the most heavily-infested country in Europe, with the highest incidence of mosquitos in the Veneto and Friuli-Venezia-Giulia regions, large swathes of Lombardia and Emilia-Romagna and coastal areas of central Italy. The growing mosquito menace in Italy has propelled the demand for mosquito insecticides and other pesticides. The growing use of insecticides to mitigate the epidemics caused by mosquitos is expected to drive the household insecticide market in Italy during the forecast period.

Europe Household Insecticides Market

Europe Household Insecticides Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.


Market Insights

Increased emphasis on the control of insect vectors by local and national government bodies

Mosquito-borne diseases are cited among the world's leading causes of death and illness. The World Health Organization predicts that more than 300 million clinical cases are attributable to mosquito-borne diseases each year. Despite great strides over the last five decades, mosquito-borne illnesses continue to posture significant risks to a significant share of the population in Southern Europe. Current challenges postured by the emergence of West Nile virus in the Western hemisphere demonstrates the importance of cooperation and partnership of government to enhance public health. The World Health Organization (WHO) and the European Centre for Disease Prevention and Control (ECDC) are closely working with each other with the assistance of other federal, state, and local agencies to further protect the public from mosquito-borne diseases such as the West Nile virus. European Mosquito Control Association (EMCA) has collaborated with ECDC (European Centre for Disease Prevention and Control), and E-SOVE (European Society for Vector Ecology), for dealing with the control of vectors that cause vector borne diseases to humans. It promotes public and governmental awareness campaigns relating to mosquito control and associated subjects.

Insect Types Insights

Based on insect types, the Europe household insecticides market is bifurcated as mosquitoes & flies, rats & other rodents, termites, bedbugs & beetles, and others. There has been a rising demand for mosquito insecticides in the Europe market. Malathion and permethrin are the two leading household insecticides which are effective against mosquitoes. The flies have been noted to be responsible for many contagious diseases and the insecticides have been observed to be beneficial for the elimination of these flies. The houseflies are known to rest on sunny surfaces during the day and are known to enter the house during the evenings. The areas where these flies come and rest need to be sprayed with insecticides. One of the most significantly used ingredients in the flies' insecticide is pyrethrin. Pyrethrins are used in the aerosol form that works quickly and do not give lasting residues.

Composition Insights

There has been a rising demand for the household insecticides due to the growing awareness of the effects of the insects on the human health. On the basis of composition, the Europe household insecticides market is bifurcated as natural and synthetic. The synthetic segment dominated the Europe household insecticides market whereas natural segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. The rising awareness of the effects of insects and it playing the role of epidemic diseases has led to an upsurge in the use of household insecticides and synthetic household insecticides in particular. Synthetic household insecticides are widely used all over Europe as they are relatively inexpensive and are very efficient in killing pest and insects. The rising spread of mosquitoes, and other bugs due to deforestation and rapid urbanization is expected to drive the market for synthetic household insecticides market in the forecast period. To mitigate the dwindling bees population governments are imposing ban on synthetic insecticides and promoting natural insecticides.

Packaging Insights

The Europe household insecticides market is bifurcated based on packaging into small, medium, and large. The small segment leads the Europe household insecticides market whereas medium segment is expected to grow at fastest growth rate during the forecast period of 2019-2027. The small packaging type of household insecticides generally weighs between 250 gm. to 500 gm. It has been noted that the small packaging insecticides have been frequently used as they are easy to port and can be used before the product expires. It has a short period of use due to its acute weight. The easy portability and low weight of the small packaging household insecticides has been a contributing factor for the expansion of the household insecticides market all over Europe.

Rest of Europe Household Insecticides Market by Packaging 

Rest of Europe Household Insecticides Market by Packaging 
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.


Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

Europe Household Insecticides Market: Strategic Insights

europe-household-insecticides-market
Market Size Value inUS$ 2,005.9 Million in 2018
Market Size Value byUS$ 3,184.5 Million by 2027
Growth rateCAGR of 5.4% from 2019-2027
Forecast Period2019-2027
Base Year2019
Analyst Image

Shejal

Have a question?

Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst Image  Speak to Analyst

New product development, market initiatives and merger and acquisition were observed as the most adopted strategies in Europe household insecticides market. Few of the recent developments in the Europe Household insecticides market are listed below:

2018:

Godrej Consumer Products announced that it has divested its entire stake in its UK business, Godrej Consumer Products UK Limited, to JZ International, a leading pan-European private investment business based in London, effective immediately


2018:

Neogen launched LarvaGuard mosquito larvacide granules a safe and easy solution to keep humans and animals out of harm’s way from the threats posed by mosquitoes.


2016:

Liphatech Inc. launched TakeDown soft bait to fight against anticoagulant-resistant rodent populations

EUROPE HOUSEHOLD INSECTICIDES MARKET SEGMENTATION

By Insect Type   

  • Mosquitoes & Flies
  • Rats & other Rodents
  • Termites
  • Bedbugs & Beetles
  • Others


By Composition

  • Natural
  • Synthetic


By Packaging

  • Small
  • Medium
  • Large


By Distribution Channel

  • Supermarket/Hypermarket
  • Convenience Stores
  • Online Stores
  • Others


By Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest Of Europe


Company Profiles

  • Godrej Consumer Products Limited
  • Liphatech, Inc
  • Neogen Corporation
  • SC Johnson & Son, Inc
  • Spectrum Brands, Inc.
  • Reckitt Benckiser Group plc
  • Sumitomo Chemical Co., Ltd.
  • Bayer AG
  • PelGar International
  • Hockley International Limited
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Insect Type, Composition, Packaging, Distribution Channel

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

UK, Germany, France, Italy, Russia

The List of Companies

  1. Godrej Consumer Products Limited
  2. Liphatech, Inc
  3. Neogen Corporation
  4. SC Johnson & Son, Inc
  5. Spectrum Brands, Inc.
  6. Reckitt Benckiser Group plc
  7. Sumitomo Chemical Co., Ltd.
  8. Bayer AG
  9. PelGar International
  10. Hockley International Limited

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Europe Household Insecticides Market