The global home and garden pesticides market was valued at US$ 19.4 Billion in 2020, which is projected to reach US$ 26.3 Billion by the end of the forecast period, expanding at a CAGR of 4.5% during the period from 2021 to 2027. Home garden pesticides stand for pesticide products that are specifically used for the garden area inside a residence. The scope of the study includes the major pesticide products for gardens such as herbicides, fungicides, insecticides, miticides, and fertilizers. The growing landscaping industry is one of the major factors augmenting market growth of the home garden pesticides market. The trend of gardening is notably visible in the populace aged 25 and above. Further, the geriatric population in several countries have cited lawn care and gardening activities as their hobby and are spending more on law maintenance. North America and Europe are prominent markets for home garden pesticides, as these regions captured a major part of the market. The trend of gardening is prominent among Americans and Europeans. However, Asia Pacific is projected to display the fastest growth during the review period.
The research report analyses the ecosystem of the home garden pesticides market and categorizes the home garden pesticides market to forecast the revenues and analyze the trends in each of the following below-mentioned market segments
Growing Trend of Gardening across Countries is Driving Market Growth
The urban population in the U.S. is increasing rapidly. As such millennials and generation Z have a penchant for the urban lifestyle. Along with this, they have also developed a trend for gardening. The degree of urbanization in the U.S. stood at 82.5% in 2019. The landscaping services industry in the U.S. generated revenue of more than US$ 100 Bn in 2019. The average spend on lawn care and gardening activities amounted to US$ 523 per household in the same year. This has further boosted the home garden pesticides market.
Meanwhile, in Germany, garden care displayed growth in 2019. Growth in the housing market has allowed the home & garden sector to record growth as well. Moreover, the growing demand for urbanization in the country has augmented the demand for gardening activities in the country. German residents are also adopting the idea of cultivating crops in their homes using techniques such as vertical gardening and hydroponics. It is expected that the gardening trend in Germany is expected to remain strong throughout the forecast period as well. The trend of gardening is a key factor supporting the market growth of home garden pesticides in Germany
In Canada, growing employment, increase in household spending combined with healthy GDP growth of the country are factors contributing to the growth of gardening activities in the country. Although new home purchases decreased in the country between 2018-2019, house renovations took a steady pace during the same period.
The home garden pesticides market in Spain displayed a positive trend in 2019, despite economic and political uncertainty. Purchase of new and old properties remained steady among the Spanish population. Further, along with the purchase of properties, demand for small-sized gardens witnessed a steady increase among the Spanish populace. This is driving the market growth of home garden pesticides among the Spanish population
Further, due to the pandemic, and the remote working protocol set by most organizations, more people stayed at home in 2020 than in the prior years. As a result of which, spending on home & garden products increased significantly in 2020 as opposed to 2019. Moreover, millennials and generation Z make up for more than 30% of the gardening demographic in the U.S
Growing Trend of Hydroponics Driving Market Growth of the home garden pesticides market
Hydroponic is a promising practice and a viable alternative farming method and a key segment of the home garden pesticides market. Off-late, hydroponics have emerged as useful for both commercial food producers and gardeners. The use of hydroponic systems can help increase overall productivity with very little input. The growing trend of urbanization has resulted in decreasing arable land, resulting in a decrease in farming activities. However, hydroponics can display the same level of productivity by using approximately 10% of the total land
The steep increase in population has led to rapid urbanization, consequently, the amount of arable land has decreased over time. The steep increase in population has also paved the way for greater food production as well. Considering the decrease in arable land, hydroponics has emerged as an effective alternative to conventional farming techniques. Moreover, hydroponic techniques can deliver 25% more yield as compared to conventional farming techniques
Australia to Display Significant Growth in the Home Garden Pesticides Market in the Coming Years
The home garden pesticides market in Australia was valued at US$ 278.9 Mn in 2019 and the number is expected to touch US$ 395.2 Mn by the end of the forecast period, expanding at a CAGR of 4.9% during the period from 2020 to 2027. The country represented a share of 5.1% in the global home garden pesticides market in 2019, and 25.2% of the home garden pesticides market in the Asia Pacific.
Moreover, urban farms have cropped up all over the country, to make affordable and nutritious food accessible to the citizens. Inner-city spaces have proved to be fertile ground for edible gardens that help the communities with fresh and nutritious produce
Further, the outbreak of COVID-19 and the ensuing lockdown resulted in a major disruption in the entire supply chain of the food & beverage industry, thus widening the demand and supply gap. To tackle this, demand for homegrown vegetables and fruits shot up rapidly, as homegrown produce eased the food security concerns among people.
| Trend Name | Country | Nature | Impact (%) | Impact | ||
| 2 Years | 4 Years | 6 Years | ||||
| Organic ingredients are at the top of the minds of Mexican consumers, and the current health crisis accelerated this trend. Mexican consumers began looking for products with natural ingredients | Latin America | Positive | XX% | Low | Mid | High |
| Mexican consumers prefer fragrant home garden pesticides, which led to manufacturers exploring the opportunity of adding innovative fragrances in their products | Latin America | Positive | XX% | XX | XX | XX |
| Hot temperature in the UAE and the emergence of new species of insects are augmenting demand for home garden pesticides. Humidity is a major factor that draws insects into the country | Middle East & Africa | Positive | XX% | XX | XX | XX |
| The sale of home garden pesticides was not hampered due to the COVID-19 pandemic. This continuity of sale is attributed to the hot and humid weather in the country | Middle East & Africa | Positive | XX% | XX | XX | XX |
| Demand for home insecticides in South Africa was adversely affected by the reducing insect population in the country | Middle East & Africa | Negative | -XX% | XX | XX | XX |
The key players operating in the home garden pesticides market are:
Priyanka has been writing chemicals & material market research reports for the last 12 years. A post-graduate, her specialization is in the chemicals sector. Preparing end-to-end reports covering minute details for market insights, competitive intelligence and trend analysis in the CMFE sector.
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