The global housefly control market size is expected to gain momentum backed by the increasing prevalence of vector borne diseases and the growing focus on developing advanced products to control the number of houseflies worldwide. This information is published by Fortune Business Insights in its latest report, titled, “Housefly Control Market, 2022-2029.”
The effect of the global pandemic, COVID-19, has been felt across several economies facing unprecedented loss. Owing to the lockdown announced by the government agencies, several industries have been at a standstill with limited operational activities. However, a collective effort from the government and the industries is likely to bring the economy back on track and aid in the resumption of industrial activities.
Market Segmentation:
On the basis of type, the market is divided into synthetic and natural. Additionally, based on form, the market is segregated into bait, aerosol sprays, liquids, and others. Lastly, based on region, the market is segmented into Asia-Pacific, Europe, North America, the Middle East and Africa, and South America.
What does the Report Include?
The global market for housefly control report includes in-depth analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies such as SWOT and PESTEL analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.
DRIVING FACTORS
Increasing Prevalence of Vector Borne Diseases to Augment Growth
According to the World Health Organization (WHO), vector-borne diseases account for about 17% of all infectious diseases and lead to over 700,000 deaths across the globe annually. Flies, insects, and other organisms are the major reason for the widespread vector borne disease such as typhoid, cholera, jaundice, etc., among the human population. The harmful pathogens transmitted by these insects have led to several incidence of outbreak of fatal diseases worldwide. Therefore, to mitigate the risk of such disease, several manufacturers are focusing on introducing insect control solutions. This is expected to contribute to the global housefly control market growth in the forthcoming years.
REGIONAL INSIGHTS
Asia-Pacific – The region is expected to hold a substantial global housefly control market share during the forecast period. This is ascribable to factors such as the rising population rate and the rapid-paced urbanization in countries such as India and China. According to the data by MacroTrends, the population of India was estimated to be 1,380,004,385 in 2020, an increase of around 0.99%.
North America – The presence of established players and the increasing focus on R&D activities to develop novel housefly control products is expected to bode well for the growth of the region between 2021 and 2028.
COMPETITIVE LANDSCAPE:
Product Innovation by Major Companies to Strengthen Their Market Positions
The market is segmented into several major companies striving to maintain their dominance by introducing innovative housefly control products to cater to the growing industrial applications. Additionally, the adoption of strategies such as merger and acquisition, collaboration, and partnership by other key players is expected to boost market growth during the forecast period.
Industry Development:
- July 2020 - TruGreen introduced its new perimeter pest service to protect consumers from unwanted pests such as houseflies, ants, cockroaches, etc. The company is focusing on consolidating its position in the global marketplace with the introduction of advanced and effective products.
List of the Companies Profiled in the Global Market for Housefly Control:
- SC Johnson & Son, Inc.
- FMC Global Specialty Solutions
- Relaxo Domeswear LLP
- Jyothy Laboratories Ltd.
- Reckitt Benckiser Group plc.
- Natural INSECTO Products, Inc.
- Amplecta AB
- Tainwala Personal Care Products Pvt. Ltd.
- Spectrum Brands Holding
- Shogun Organics
- Others
Browse Summary
https://www.fortunebusinessinsights.com/housefly-control-market-103598
Deep-dive competitive landscape analysis on one or more competitors covering all aspects of their operations, specific business unit or functional areas like manufacturing, contracting, distribution, R, etc.
https://www.aranca.com/competitive-intelligence.php competitive landscape, competitive landscape analysis
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