Boston, MA -- (SBWIRE) -- 06/02/2014 -- The performance of home insecticides in 2013 was significantly better than that recorded during the review period, when value sales grew at a current CAGR of 3% and volume sales declined at a CAGR of 1%. An unusually hot spring was the main reason for an early boom in the insect population, which boosted demand for home insecticides during 2013.
SC Johnson Wax, Atlantic Grupa and Krka dd Nova Mesto led home insecticides sales in Bosnia-Herzegovina in 2013, with respective value shares of 56%, 25% and 9%. Advertising and purchasing for the category were seasonal - with the summer being the peak season for insecticides. As at the end of the review period, only SC Johnson Wax managed to penetrate all major grocery chains. Furthermore, SC Johnson Wax has the widest product portfolio, covering all niche areas.
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The performance of home insecticides over the forecast period will likely be in line with that recorded during the review period. Home insecticides is not a category that is easily influenced by economic trends. Ecological trends have a far greater effect on demand.
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The Insecticides in Bosnia-Herzegovina market research report includes:
- Analysis of key supply-side and demand trends
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the market size of Insecticides in Bosnia-Herzegovina?
- What are the major brands in Bosnia-Herzegovina?
- Which type of insects (eg. ants, mosquitoes, flies, cockroaches etc) are most prevalent in Bosnia-Herzegovina?
- What are the key new product launches in the insecticides market?
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