Garden Pesticides Market Share, Growth, Trends, And Forecast To 2024

Posted by Prashanth on November 20th, 2019

MARKET OVERVIEW:

Pesticides are the chemical substances that are meant to control pests or weeds. Global Garden Pesticides Market was worth USD xx billion in 2019 and estimated to be growing at a CAGR of xx%, to reach USD XX billion by 2024.

DRIVERS & RESTRAINTS OF THE MARKET:

• Healthy growth in home applications increased awareness of pest-borne diseases, and various problems with aggressive insects such as bed bugs and imported red ants are driving the global market for garden pesticides.
• Besides, increased disposable income, increased availability of less toxic and naturally occurring insecticides, technological advances in spraying equipment, expanded turf and garden maintenance costs, public health and environmental concerns are also the drivers of market growth.
• However, the majority of households already use at least one pest control product, a limited number of professionals and many are aware of the potential health risks associated with pesticides hampering market growth.

REPORT SEGMENTED AS:

Based on Product Type:

• Herbicide
• Insecticide
• Fungicide
• Other Pesticides

Based on Application:

1. Household

• Insect Control
• Insect Repellents

2. Lawn and garden

• Public
• Private

3. Others

Based on Distribution Channel:

• Home centers
• Garden centers
• Mass Merchandisers
• Online
• Others

GEOGRAPHICAL SEGMENTATION:

Geographically, the Global Garden Pesticides Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. North America is the largest market globally followed by Europe owing to the factors such as increasing public health and environmental concerns, innovative production and zero adverse effects on the environment. Asia-Pacific is growing at the fastest rate due to the emerging economies and an increase in disposable income.

KEY MARKET PLAYERS:

• Scotts Miracle-Gro
• Syngenta AG
• Spectrum Brands
• Bayer AG
• SC Johnson & Son
• BASF SE
• Sumitomo Chemical
• Andersons
• DuPont
• Monsanto 

THE SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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