Home and Garden Pesticides Market: Current Analysis and Forecast (2022-2028)
$3999 – $6999
Emphasis on Type (Herbicides, Insecticides, Fungicides, Fumigants, and Others); Application (Garden, Household); and Region/Country
The Home and Garden Pesticides Market was valued at more than USD 7.5 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of around 6% from 2022-2028.
Home and garden pesticides refer to chemical substances or products that are designed to kill or control pests, such as insects, rodents, weeds, and fungi, in and around homes, gardens, and other outdoor areas. The global home and garden pesticide market is expected to grow steadily over the coming years due to increasing urbanization and growing awareness of the health risks associated with pest infestations. The share of the urban population was expected to rise to 56.5 percent in 2021, according to the United Nations Conference on Trade and Development. Generally speaking, it will be higher in wealthy countries (79.5 percent in 2021) than in underdeveloped countries (51.8 percent). Moreover, the market is also driven by rising demand for organic and eco-friendly pest control solutions, as well as the introduction of innovative and effective products. For instance, on September 30, 2021, BASF introduced two sustainable pest control solutions with Agro Technic Singapore. A non-anticoagulant active ingredient in Selontra rodent soft bait reduces rat and mouse infestations while Seclira SG insecticide quickly controls common insects including cockroaches and bedbugs..
Central Garden & Pet Company, S.C. Johnson & Sons Inc., Bayer AG, The Scotts Company LLC, Syngenta Crop Protection AG, Organic Labs, Reckitt Benckiser Group PLC, DuPont, BASF SE, Willert Home Products are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst type, the herbicides held a significant share of the market in 2021”
Based on types, the market is segmented into herbicides, insecticides, fungicides, fumigants, and others. Amongst these, the herbicides segment dominated the market in 2021. The use of herbicides is driven by several factors, including the need to maintain the aesthetic appeal of lawns and gardens and prevent weeds from damaging crops, and reduce the workload required for manual weeding. Moreover, the herbicides segment is highly regulated due to concerns over the safety and environmental impact of these products.
“Amongst application, the household is expected to grow with a significant CAGR during the forecast period”
On the basis of the application, the market is bifurcated into garden and household. The household is expected to grow with a significant CAGR during the forecast period. This is mainly due to the rising population. As the world population continues to grow, so does the number of households. This trend has led to a rise in demand for products that can effectively control pests in and around homes and gardens.
“North America held a significant share in the market in 2021”
In 2021, North America dominated the home and garden pesticides market owing to the growth of urbanization and the rise in pest control awareness due to rising vector-borne diseases have had a significant impact on the demand for home and garden pesticides in North America. The World Health Organisation estimates that in April 2023, 6-7 million people would be infected with Trypanosoma cruzi, the parasite that causes Chagas disease, predominantly in Latin America. . In addition, as more people move into urban areas, the demand for pest control services and products has increased. Additionally, increased awareness of the health risks associated with pests and the use of pesticides has led to a greater demand for safe and effective pest control solutions.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
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|2.1.||Research Process of the Home and Garden Pesticides Market|
|2.2.||Research Methodology of the Home and Garden Pesticides Market|
|5||IMPACT OF COVID-19 ON THE HOME AND GARDEN PESTICIDES MARKET|
|6||HOME AND GARDEN PESTICIDES MARKET REVENUE (USD BN), 2020-2028F|
|9.1.3.||Rest of North America|
|9.2.6.||Rest of Europe|
|9.3.4.||Rest of Asia-Pacific|
|9.4.||Rest of World|
|11||HOME AND GARDEN PESTICIDES MARKET OPPORTUNITIES|
|12||HOME AND GARDEN PESTICIDES MARKET TRENDS|
|13.1.||Demand Side Analysis|
|13.2.||Supply Side Analysis|
|14||VALUE CHAIN ANALYSIS|
|17.1.1.||Porters Fiver Forces Analysis|
|18.1.||Central Garden & Pet Company|
|18.2.||S.C. Johnson & Sons Inc.|
|18.4.||The Scotts Company LLC|
|18.5.||Syngenta Crop Protection AG|
|18.7.||Reckitt Benckiser Group PLC|
|18.10.||Willert Home Products|
Research Methodology for the Home and Garden Pesticides Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global home and garden pesticides market were the three major steps undertaken to create and analyze the adoption of home and garden pesticides in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global home and garden pesticides market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the home and garden pesticides market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the home and garden pesticides market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as type, drive type, and application. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the home and garden pesticides market. Further, we conducted factor analysis using dependent and independent variables such as various type, and applications of home and garden pesticides. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the home and garden pesticides market sector across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global home and garden pesticides market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the home and garden pesticides market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global home and garden pesticides market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global home and garden pesticides market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of type, and application in the global home and garden pesticides market.
The main objective of the Global Home and Garden Pesticides Market Study
The current & future market trends of the global home and garden pesticides market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the home and garden pesticides market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of type, and application.
- Define and analysis of the regulatory framework for the home and garden pesticides
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the home and garden pesticides market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
- Company profiles of the home and garden pesticides market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry