According to latest report published by Fact.MR, the global home insecticides market is set to surpass a valuation of US$ 10,453 Mn, reflecting steady CAGR over the forecast period (2017-2022). There are a number of home insecticides available in the market with specific utilities. Manufacturers are introducing home insecticides that can be used both indoor and outdoor as well as for different insects, bugs and pests. In addition, there are special sprays available that primarily target mosquitoes or any particular insect. At the same time, all-insect repellent prays are also quite popular among consumers. As consumers continue to become more conscious about health and hygiene, popularity of such products also increase. Moreover, outbreak of deadly disease that are transmitted through bugs and insects is expected to facilitate the growth of the global market for home insecticides in the near future. Increasing consumer desire of a healthy lifestyle will be instrumental for driving the global sales of home insecticides.
Demand for home insecticides has also increased in emerging economies such as India and China due to rapid urbanization and increasing standards of living. Factors as such are anticipated to make a positive impact on the growth of the market over the next couple of years. On the other hand, severe impacts of home insecticides on environment and human health couple with rising immunity levels of pest and insects against repellents are the major implications of such products.