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Home and Garden Pesticides Market Expected to Witness a Sustainable Growth by 2031

Home gardens have been a significant part of family farming and local food systems for millennia. Gardening at home is a centuries-old and widely practiced activity all around the world. Many pesticide treatments for residences are now ready-to-use, with liquid formulations requiring no further mixing. Pesticide producers make it simple to apply pesticides safely. Any material used to kill, control, or repel pests is considered a pesticide. Pesticides are used daily, from ant and roach sprays in the kitchen, to weed killer for the yard, mildew cleaners in the bathroom, and mosquito repellents outside. Pesticides have become a common practice for keeping homes and gardens pest-free.

Key drivers of the home and garden pesticides market

The COVID-19 pandemic acted as one of the important factors in the growth of backyard gardens. The lockdown, according to many new growers, provided them more time and energy to focus on their new hobby of cultivating. During the lockdown, U.K. based National Allotment Society reported surge in the number of people signing up for plots on their local council’s waiting lists, demonstrating that this is an urban as well as a rural trend. The growing significance of vector-borne diseases is one of the key factors supporting the growth of the global home & garden pesticide market.

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In addition, increasing demand for hydroponics is another key factor supporting the market growth of home & garden pesticides. The prevalence of dengue and malaria in countries such as India, Bangladesh, and Philippines is one of the highest across the globe. Governments have urged people to buy the recommended insect repellent products owing to such situations prevalent in the country. These factors have led to an increase in usage of home & garden pesticides, which has resulted in increased retail sales of these products.

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Improved products creating opportunities in the home and garden pesticides market

Many companies are launching new products, such as BASF’s Renestra insecticide, which encompasses a dual mode of action that controls a broad spectrum of insects. It gives farmers a technique to control a variety of insect pests as well as soybean aphids. In November 2020, Mortein, among the world’s leading pest control brands announced the launch of its latest innovation ‘Mortein SMART.’ The new plug-in machine comprising a ‘Smart’ chip is 100% automatic and promises 100% continuous protection. Active ingredients such as 2, 4-D, glyphosate, malathion, carbaryl, and DEET (N, N-diethyl-meta-toluamide) remain some of the innovative products used in home and garden pesticides. A growing level of environmental awareness has led to limited usage of toxic and/or naturally derived pesticides. Another major contribution has been the increased presence of ready-to-apply formulations. Most of these products have very low levels of active ingredients, and derive most of their value from the traits that make them especially convenient, such as special formulations and packaging. These factors create new opportunities for the product in the market.

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Ban on synthetic pesticides a restraint of the home and garden pesticides market

One of the restraints of home and garden pesticides is the ban on synthetic products. Pesticides with synthetic products are not just toxic to the environment, but also to humans and animals. Exposure to these chemically-loaded pesticides have been associated with serious illnesses and causes a number of health issues ranging from respiratory disorders to cardiovascular issues. These factors act as restraints for the home and garden pesticides market.

North America the dominant market

North America accounts for highest share in the home and garden pesticides market in terms of revenue contribution as compared to markets in other regions due to the increased adoption of home and garden pesticides. Pesticides are extensively used in the developing world, and demand for pesticides is surging as a result of the existing food production system, which prioritizes high agricultural yields. In addition, the increasing application of home and garden pesticides among consumers in the U.S, Canada, and Rest of North America etc. is expected to trigger demand for home and garden pesticides. Pesticides composed of chemicals can control pests or influence plant growth, and such pesticides have given a new approach to enhance harvests in developing countries such as India, China, and Brazil. These factors are expected to propel growth of the home and garden pesticides market in the region.

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Key players operating in the global market

Companies are working on product innovation and development to expand their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Some of the major companies identified in the home and garden pesticides market are:

  • BASF SE

  • DuPont de Nemours, Inc.

  • Organic Laboratories, Inc.

  • Reckitt Benckiser Group PLC

  • Syngenta

  • Willert Home Products

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  • Revati Mahajan
  • Jan 14 2022
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