Home And Garden Pesticides Market Analysis Report By Type, By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global home and garden pesticides market size was accounted at USD 6.8 billion in 2018. The market is expected to witness a CAGR of 3.8%, during the forecasted years, 2019 to 2025. This growth can be attributed to the rising trend for indoor gardening coupled with rising expenditure being spent on the maintenance of gardens and lawns. Moreover, usage of herbicides being prevalent for the removal of unwanted plants is expected to positively impact market growth.

The demand for organic pesticides is increasing at a rapid pace owing to their less toxic and eco-friendly nature. Moreover, its property of instant biodegradation is expected to impact significantly on market growth. Further, organic pesticides can aid the growth of useful insects including honey bees and ladybugs.

However, continuous exposure to such pesticides can lead to nausea, headache, and dizziness. Thus, over usage of these products may lead to health issues thereby negatively impacting the market growth. As the awareness about health hazards is increasing among the manufacturers, they have started investing more in R&Ds for innovation and product development which is anticipated to boost the market growth for pesticides during the forecasted years, 2019 to 2025.

North America can be considered as the largest market for these pesticides owing to the increasing home-gardening trend. A developing region like the Asia Pacific is expected to witness the fastest growth in the upcoming years owing to improved living standards coupled with an increasing number of construction activities in the residential sector.  

Application Insights

The application segment can be classified into two types viz. household and garden. The garden segment held the largest market share in 2018. This segment is also projected to witness the highest growth rate during the forecasted years, 2019 to 2025. This growth can be associated with rising expenditure on garden and lawn care products. The household application segment is also expected to witness strong growth in the upcoming years owing to rising health concerns due to insects like red ants and bed bugs. Moreover, an increasing number of skin-related problems due to insects is anticipated to boost the market growth for pesticides during the forecasted years, 2019 to 2025.    

Type Insights

In 2018, the herbicides segment held the largest share in the global home and garden pesticide market. This can be associated with its usage for getting rid of insects, weeds, and other hazardous plants. Since these weeds are mostly found on plants, the need for such pesticides to eradicate their existence is anticipated to grow in the upcoming years.

The segment of insecticides is anticipated to register the highest CAGR during the forecast period, 2019 to 2025. This growth can be attributed to rising plant health issues due to insects. Moreover, these botanical insecticides have less or zero effects on the surrounding, thereby are free from side effects. The fungicides product segment is also anticipated to register significant growth in the upcoming years.

Regional Insights

In 2018, Asia Pacific is anticipated to witness the highest growth during the forecasted years. This can be attributed to the increasing trend of gardening coupled with an improved standard of living. Moreover, the emerging sector of real estate has paved the way for the rise in residential projects of construction. In addition, the rising number of health issues due to insects is responsible for the market growth.

North America held the largest share across the global home and garden pesticides market. Stringent norms being set up by the statutory governing bodies for the new entrants are acting as a hindrance in the market growth for such products. Moreover, Europe is anticipated to register significant growth in the pesticide market. This growth can be attributed to rising demand for these products across countries like Germany, France, and the U.K.

Home and Garden Pesticides Market Share Insights

The market includes key players such as The Scotts Miracle-Gro Company; SC Johnson & Son; Central Garden & Pet; Bayer AG; Organic Laboratories Inc.; Syngenta AG; DuPont de Nemours, Inc. and BASF SE. These manufacturers are continuously engaged in innovation and product development. Additionally, acquisitions, mergers, geographical expansion, and partnerships are being undertaken by these manufacturers to gain a competitive advantage over other players. For example, Rentokil Steritech went into an acquisition with Active Pest Control for expanding its reach in the state of Texas.    

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For this study, Million Insights has segmented the global home and garden pesticides market report based on type, application, and region:

• Type Outlook (Revenue, USD Million, 2015 - 2025)
    • Herbicides
    • Insecticides
    • Fungicides
    • Fumigants

• Application Outlook (Revenue, USD Million, 2015 - 2025)
    • Garden
    • Household

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • U.K.
    • Germany
        • France
    • the Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East and Africa