Cockroach Killer Market Size, Share, Growth, and Industry Analysis, By Type (Multiple Pest Control and Professional Cockroach Control), By Application (Household Use and Commercial Use), Regional Insights, and Forecast To 2031

Updated On: 13 November 2023

Cockroach Killer Market Report Overview

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The global cockroach killer market size was USD 537.8 million in 2021 and is projected to touch USD 862.81 million by 2031, exhibiting a CAGR of 4.8% during the forecast period.

The cockroach killer is an insecticide used to kill cockroaches. Considering the fact that cockroaches have become a major pest in urban areas, cockroach killer was developed to deal with this issue. It is available in various types and is diverse. It is widely used in commercial and domestic applications. Various end-users such as airports, offices, hotels, hospitals, and other factories. The rising awareness about the product is expected to propel market growth in the forecast period. Cockroach killer is also known as a cockroach repellent. It is gaining popularity in the global market owing to the use of stored food in the kitchen. The areas are suggested to avoid the use or storing of contaminated food, kitchen, utensils, and others. 

These are the most common rodents that can easily be found in many buildings and homes. These rodents search for food during the night and enter the kitchen, rubbish bins, sewers, drains, and food storage places. These pests are made of foul smell and dirty habits, which causes infections and diseases in humans. People may be allergic to them after some frequent exposures. The rise in such insects or rodents may play a vital role as carriers of various intestinal diseases such as dysentery, cholera, typhoid, and diarrhea. 

COVID-19 Impact: Halt in Supply Chain Affected Growth of the Market

The global COVID-19 pandemic has been unprecedented and staggering, with cockroach killer experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The spike in CAGR is attributable to cockroach killer market growth and demand returning to pre-pandemic levels once the pandemic is over.

The value sales of insects and pesticides grew during the pandemic. The sales of insect pest control services and products increased during the pandemic as the population was more concerned about their health. The market experienced significant growth due to the rise in applications of insect pest control services. But, the lack of products and the ban on stepping out of homes affected the growth rate of the market. The demand for the product could not be fulfilled due to the ban on transportation and the disruption caused in the distribution channel and supply chain.

LATEST TRENDS

"Climate Change to Boost Product Adoption "

The change in climate results in a rising population of insects. The increase in temperature boosts physiological activities, which boosts metabolic rates. The insects get more food to survive and grow faster. Which ultimately boosts the growth rate of the insect population. The combined effect of climate change coupled with expanding agriculture is expected to cause insect populations, which is anticipated to propel the demand for cockroach killers in various regions. As per research, the abundance of bugs is noticed in the places that are hardest hit. The warmer temperature boosts the spread of vectors such as ticks and mosquitos. The rain boosts the spread of cockroaches which enhances the cockroach killer market growth.

Cockroach Killer Market Segmentation

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• By Type Analysis

By type, the market is segmented into multiple pest control and professional cockroach control.

• By Application Analysis

Based on application, the market is classified into household use and commercial use.

DRIVING FACTORS

"Adoption of AI and IoT Technologies to Augment Product Demand"

The rapid adoption of pest control technology has enhanced the product's efficiency and effectiveness. The key players are rapidly adopting IoT and AI in the pest control industry to gain steady results. The cumulative formulation is gaining popularity which has resulted in the development of Integrated Pest Management (IPM). The integration of various advanced technologies, such as artificial intelligence and the internet of things, is increasing owing to the low price of the product and its remote operations. Integration of technologies is expected to ease pest control, which is anticipated to propel cockroach killer market growth.

"Rise in Biocontrol Agent Development to Open Up Market Opportunities"

Market expansion is anticipated to be facilitated by the increased development of biocontrol agents that may be utilized to reduce pest populations. Living creatures, biological agents are less harmful than most commonly used chemical pesticides, which is forecasted to increase their use in the near future. The deployment of such agents is anticipated to significantly increase demand for meta pest control services. Pesticides made from synthetic chemicals harm the ecosystem. Biorational pesticides, on the other hand, come from live bacteria like Beauvaria Bassiana or minerals like copper hydroxide. The fact that these pesticides are less dangerous to the environment and animals is a significant concern.

RESTRAINING FACTORS

"Side Effects Associated with The Product to Impede Market Growth"

The products used as cockroach killers are made with chemicals that may result in allergies or infections in humans. The escalated use of pesticides in commercial and personal spaces may lead to infections or allergies. These factors are expected to hinder market growth. Use of cockroach killers may result in general allergies such as sneezing or feeling of nausea. 

Cockroach Killer Market Regional Insights

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"North America to Be Dominant Owing to The Population Demand to Have Pest-Free Surrounding"

North America is expected to propel market growth accredited to the population experiencing a rise in the number of rodents in their homes and offices. The population believes in pest control as an effective way to maintain a pest-free surrounding. These factors are forecasted to boost the product demand in the region.

Asia Pacific is most likely to hold a significant part of the cockroach killer market share due to the rising infections among the population due to the spread of this pest and insects. The increasing risks of pests within the region. 

KEY INDUSTRY PLAYERS

"Key Players Focusing On Innovative Technology Development to Grow in Market"

Businesses are working on developing new technology to offer more easy ways to increase product portfolio. Companies also use innovative practices and techniques to create new technologies. Companies are focused on acquisitions and investments to increase sales. Because there are so many large companies in the market, it is competitive. Other traits include having a sizable global consumer base and operating through specialized distribution networks. The leading companies offer new items in an effort to increase their market share.

List of Market Players Profiled

• Bayer (Germany)
• Syngenta (Switzerland)
• Henkel (Germany)
• PF Harris (U.S.)
• S. C. Johnson & Son (U.S.)
• Rockwell Labs (U.S.)
• BASF (Germany)
• Sumitomo Chemical (Japan)
• FMC Corporation (U.S.)
• Nufarm Limited (Australia)
• Kincho (Thailand)
• Spectrum (Hot Shot)
• Aestar (Zhongshan)
• Shandong Yukang (China)
• Guangxi Jiebing (China)
• Zhejiang Tianfeng (China)
• Wuhan Biokiller (China)

REPORT COVERAGE

An overview of the product is provided along with the product description. Numerous industry elements are included in the research.

• The pandemic's aftereffects and the subsequent lockdown.
• The market's most recent trend is currently fueling expansion.
• The factors are most likely to stimulate market growth.
• The reasons the market is expected to grow more slowly.
• A comprehensive regional analysis of the market is conducted.
• Significant players and their business offices are also covered in the article.