As per PMR analysis, Asia Pacific has been estimated to be the dominant market, accounting for around 54.6% (in terms of value) of the overall market by 2015 end, followed by Europe. The market in Asia Pacific is also expected to record highest CAGR during the forecast period, followed by the Middle East & Africa.
New York, NY -- (SBWIRE) -- 04/14/2016 -- According to a 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.
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.
Get a Sample Report for Valuation: http://www.persistencemarketresearch.com/samples/3923
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.
View Full Report Press Release: http://www.persistencemarketresearch.com/mediarelease/household-insecticides-market.asp
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
For More Info: http://www.persistencemarketresearch.com/toc/3923
About Persistence Market Research
Persistence Market Research (PMR) is an innovative provider of market research reports and consulting services. The three PMR pillars of strength that have helped us win clients for years are Quality Research, Quick Research, and In-depth Research.
PMR's team of seasoned analysts and consultants are experts in their domain. At PMR, we process complex, exhaustive primary and secondary research data into valuable insight. We understand that each client has a unique problem statement, and address it with our strengths.
LinkedIn: https://www.linkedin.com/company/persistence-market-research-&-consulting