Household Insecticides Market: Trends, Forecasts 2027
The global household insecticides market is witnessing consistent growth, driven by rising awareness of hygiene, increasing prevalence of vector-borne diseases, and changing lifestyles. Valued at US$ 11,785.9 million in 2018 , the market is projected to reach US$ 18,514.3 million by 2027 , growing at a CAGR of 5.2% during the forecast period 2019–2027. With urbanization accelerating and pest-related health risks growing, demand for effective and safe insecticide solutions continues to expand worldwide. Market Dynamics 1. Growth Drivers a. Rising Health Concerns The increasing number of diseases caused by insects—such as malaria, dengue, Zika virus, and chikungunya—is a major driver for the household insecticides market. Governments and health agencies globally have stepped up campaigns to promote the use of insect repellents and sprays, boosting market demand. b. Urbanization and Hygiene Awareness Rapid urbanization has led to denser living conditions, often associated wit...