img

Home & Garden Pesticides Market Size By Product Type (Insecticides, Herbicides, Fungicides), By Application (Household, Commercial), By Distribution Channel (Online Retail, Offline Retail), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Home & Garden Pesticides Market Size By Product Type (Insecticides, Herbicides, Fungicides), By Application (Household, Commercial), By Distribution Channel (Online Retail, Offline Retail), By Geographic Scope And Forecast

Home And Garden Pesticides Market Size And Forecast

Home & Garden Pesticides Market size was valued to be USD 8.08 Billion in the year 2024 and it is expected to reach USD 12.17 Billion in 2031, at a CAGR of 4.8% over the forecast period of 2024 to 2031.

  • Home and garden insecticides are a diverse group of chemical and natural remedies used to control pests that might harm home and garden surroundings. Pests include insects, weeds, fungi, rodents, and other creatures that can harm plants, lawns, and structures while also posing health dangers to humans and pets. Pesticides are used in homes and gardens to preserve plant aesthetics and health, to ensure living space safety, and to protect landscaping investments.
  • Home and Garden Pesticides are used for a variety of purposes including plant protection and lawn maintenance as well as pest protection for houses and stored items. Their involvement in integrated pest management, lawn care, mosquito control, and rodent control demonstrates their significance in maintaining the health, safety, and aesthetics of residential environments. While they provide considerable benefits, they must be used wisely taking into account both efficacy and environmental sustainability. As pesticide technology advances, the development of safer and more sustainable alternatives will broaden the applications and benefits for homeowners and gardeners.
  • Technological developments, regulatory changes, and shifting consumer tastes are all expected to have a substantial impact on the future use of home and garden pesticides. As concerns about environmental sustainability, human health, and biodiversity grow, the pesticide industry is working to develop more effective, safer, and ecologically friendly alternatives.

Global Home & Garden Pesticides Market Dynamics

The key market dynamics that are shaping the global home & garden pesticides market include

Key Market Drivers

  • Rising Concerns About Pest Control An increasing recognition of the health and property risks posed by pests such as insects, rodents, and weeds is stimulating the demand for effective pesticides in home and garden settings. This realization prompts investments in pest control solutions by homeowners and property managers.
  • Urbanization and Housing Developments The growth of urban landscapes and the construction of new residential areas are creating fertile grounds for pests. This development necessitates the application of pesticides to manage weeds, eradicate insects, and avert infestations in these expanding habitats.
  • Shifting Consumer Lifestyles The fast-paced nature of modern lifestyles leaves little time for comprehensive garden care. Pesticide treatments that are both accessible and simple to use meet this need for convenience, allowing for prompt and efficient pest management without a significant time commitment.
  • Growth in Organic and Natural ProductsA shift towards environmentally friendly products is shaping the home and garden pesticide sector. The introduction of pesticides made from plant extracts and other renewable sources is being driven by consumers desiring to lessen their environmental impact.
  • Technological Advancements and Formulation Improvements Innovations in pesticide formulations and application methods are being observed in the market. These advancements focus on enhancing efficacy while reducing risks to human health and the environment, including precision targeting systems and the development of less toxic formulas.

Key Challenges

  • Stringent Regulations and Safety Concerns The enforcement of more rigorous regulations on pesticide utilization due to concerns for health and the environment constrains the availability of certain pesticides and escalates development expenses for manufacturers who must adhere to new safety standards.
  • Development of Pest Resistance The consistent reliance on particular pesticides is causing pests to develop resistance compelling the need for novel and inventive pesticide solutions to sustain control over pest populations.
  • Environmental Impact and Sustainability Concerns regarding potential environmental contamination and the impact on non-target species challenge the market to promote the responsible application of pesticides and the advancement of environmentally friendly alternatives.
  • Consumer Misuse and Improper Application The risk of human health and environmental hazards due to incorrect pesticide storage, handling, or application underscores the importance of educating consumers on the safe and responsible usage of these products.
  • Availability of Alternative Pest Control MethodsThe emergence and increasing acceptance of non-chemical pest management techniques such as traps, barriers, and biological controls, present a challenge to the pesticide market as consumers may prefer these methods for being perceived as safer and more environmentally benign.

Key Trends

  • Focus on Online Sales and DistributionThe growing reliance on e-commerce platforms is reshaping the distribution methods for home and garden pesticides, with consumers increasingly seeking the convenience of online purchasing and home delivery.
  • Demand for Integrated Pest Management (IPM) Solutions The adoption of Integrated Pest Management (IPM) strategies which combine various control techniques including cultural practices, biological measures, and careful pesticide use is a notable trend towards achieving sustainable pest management.
  • Personalization and Targeted Products The market is experiencing the introduction of pesticide solutions that are more specialized and targeted addressing specific pest issues, plant varieties, or local environmental conditions for a customized pest control approach.
  • Rise of Smart and Connected Home Technologies The potential incorporation of smart technologies such as automated spray systems and connected sensors is poised to transform pest control in homes and gardens by enabling more accurate and efficient methods.
  • Emphasis on Public Education and Awareness Efforts to enhance public education and raise awareness about responsible pesticide use are essential for reducing health and environmental risks associated with these products.
  • Focus on Sustainability and Environmental ResponsibilityThe prioritization of eco-friendly and sustainable pesticide solutions by manufacturers aimed at reducing environmental footprints, is expected to respond to changing consumer preferences and stricter environmental guidelines.

What's inside a
industry report?

Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.

Global Home & Garden Pesticides Market Regional Analysis

Here is a more detailed regional analysis of the global home & garden pesticides market

North America

  • The North American region is estimated to dominate the home and garden pesticide market during the forecast period. This dominance is driven by several factors including consumers in North America are highly aware of the benefits of pest control and have access to a broad spectrum of pesticide products. Key industry players in North America are constantly innovating with eco-friendly and organic solutions catering to the rising demand for sustainable products.
  • The increasing popularity of DIY lawn and garden care among homeowners in Canada and the U.S. boosts the demand for home and garden pesticides. Regulatory bodies like the Environmental Protection Agency (EPA) have a crucial role in monitoring and regulating pesticide use ensuring product safety for consumers and the environment. The growing trend of urban gardening and indoor plant cultivation is creating a demand for safe and effective indoor pesticides. A focus on research and development has led to advanced formulation technologies in North America enabling extended protection with minimal environmental impact.

Asia-Pacific

  • The Asia-Pacific region is estimated to exhibit the highest growth within the market during the forecast period. This rapid expansion is driven by rapid urbanization and a growing middle class with disposable income for home care including pest control are fueling market growth. Leading this market are countries like China, India, and Australia where a shift towards Western gardening practices and maintaining aesthetically pleasing living spaces is evident.
  • Increasing awareness of the health risks associated with chemical pesticides is leading to a growing interest in natural and organic alternatives. However, the availability of these eco-friendly products varies considerably across the region offering significant room for market growth.
  • Significant diversity exists in the Asia-Pacific market. Consumer preferences, climatic conditions, and prevalent pest types differ greatly across countries. This necessitates a customized approach to product development and marketing strategies with companies often crafting region-specific solutions. The growing popularity of online retail in the Asia-Pacific region provides consumers with easier access to a wider range of home and garden pesticide products including those from international brands. E-commerce platforms are emerging as a key growth channel offering convenient access to product information and reviews.

Global Home And Garden Pesticides Market Segmentation Analysis

The Global Home And Garden Pesticides Market is segmented based on Product Type, Application, Distribution Channel, And Geography.

Home And Garden Pesticides Market, By Product Type

  • Insecticides
  • Herbicides
  • Fungicides

Based on Product Type, the market is bifurcated into Insecticides, Herbicides, Fungicides. Insecticides are the dominant type of pesticide among insecticides, herbicides, and fungicides in home and garden settings. This dominance is primarily due to the immediate and pervasive nature of insect pests such as ants, cockroaches, and mosquitoes which pose direct threats to human health, comfort, and property. Insect infestations can cause significant discomfort and damage prompting homeowners to prioritize their control. Moreover, insects can spread diseases making their management a critical concern for health and safety. While herbicides and fungicides are important for maintaining lawns and plant health, the urgent need to protect living spaces from harmful and bothersome insects drives the higher use of insecticides in residential environments.

Home And Garden Pesticides Market, By Application

  • Household
  • Commercial

Based on Application, the market is bifurcated into Household, Commercial. The commercial segment dominates the home and garden pesticides market. This dominance is primarily due to the larger scale and higher frequency of pesticide application required in commercial settings such as farms, parks, golf courses, and other public spaces. These environments demand robust pest management solutions to ensure the health and aesthetics of extensive green spaces which are vital for their economic value and public satisfaction. Moreover, commercial entities often have higher budgets allocated for pest control and maintenance enabling the use of advanced and specialized pesticide products.

Home And Garden Pesticides Market, By Distribution Channel

  • Online Retail
  • Offline Retail

Based on Distribuion Channel, the market is bifurcated into Online Retail, Offline Retail. Currently, offline retail is the dominant distribution channel for home and garden pesticides. This dominance is due to the immediacy and personal assistance provided by brick-and-mortar stores such as supermarkets, specialty gardening stores, and hardware stores. Consumers often prefer in-person shopping for pesticides to receive expert advice, ensure the correct product selection, and obtain the product immediately without waiting for shipping. Additionally, physical stores facilitate trust and allow consumers to visually inspect products before purchase. While online retail is growing rapidly due to its convenience and wide range of options, the tangible benefits of offline retail such as direct access to knowledgeable staff and the ability to resolve questions instantly, maintain its lead in the market.

Home And Garden Pesticides Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East, and Africa

Based on regional analysis, The market is divided into four regionsNorth America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Currently, North America dominates the home and garden pesticides market. The United States, in particular holds the largest share due to its significant consumer base engaged in gardening and lawn care coupled with a strong presence of key market players offering a wide range of pesticide products. Canada and Mexico also contribute to the region’s dominance with steady demand driven by landscaping trends, agricultural practices, and residential pest control needs. Regulatory frameworks in North America while stringent also foster innovation in safer and more sustainable pesticide solutions catering to increasing consumer preferences for environmentally friendly products.

Key Players

The Global Home And Garden Pesticides Market study report will provide valuable insight with an emphasis on the market including some of the major players of the industry are Bayer CropScience, Syngenta, BASF SE, FMC Corporation, Corteva Inc., The Scotts Miracle-Gro Company, S.C. Johnson & Son Inc., Central Garden & Pet Company, and Spectrum Brands Holdings Inc.

Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.

Home And Garden Pesticides Market Recent Development

  • In June 2023, Educational campaigns to encourage the responsible application of pesticides by consumers were initiated by major home improvement chains, centering on safety and ecological consciousness.
  • In August 2023, Partnerships with prominent home & garden brands to enhance their pest control product range were announced by several online retailers, underscoring the expanding role of e-commerce within the sector.
  • In October 2023, The proposition of more stringent approval guidelines for new synthetic pesticides was made by regulatory authorities in the US and Europe, which could influence the composition of future market products.
  • In December 2023, Funding for the development of a novel bio-insecticide was secured by a premier manufacturer of organic pesticides, showcasing an increased focus on sustainable pest management solutions.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Bayer CropScience, Syngenta, BASF SE, FMC Corporation, Corteva Inc., The Scotts Miracle-Gro Company, S.C. Johnson & Son Inc., Central Garden & Pet Company, and Spectrum Brands Holdings Inc.

SEGMENTS COVERED

By Product Type, By Application, By Distribution Channel And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )