- The key vendors in the Global Household Insecticides Market 2014-2018 are Dow Chemicals, Reckitt Benckiser plc, SC Johnson’s & Son and Spectrum Brands.
London, 21 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Household Insecticides Market 2014-2018. One key trend in the market is the increase in demand for household insecticides in developing countries. All major vendors are investing in developing countries because of the increase in populations, awareness about the prevention of diseases caused by insects, and disposable income. The market is expected to grow at a CAGR of 5.66 percent during 2013-2018.
Specific insect-related problems can be seen in a few regions across the world because of the regions’ climatic conditions. In the US, the sales of bed-bug-related insecticide have increased because of the outbreak of bed bugs.
“Vendors of the Global Household Insecticides market are using integrated marketing communications, such as television, newspapers, billboards and hoardings, and internet and radio to reach their consumers and sell their products,” says Faisal Ghaus, Vice President of TechNavio Research.
“Many vendors are also spreading awareness about the harmful diseases spread by household insects and some of them have launched campaigns to prevent the spread of diseases such as malaria and dengue.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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