The economic recovery, price stabilisation and rising disposable incomes are expected to drive strong growth of spray/aerosol insecticides over the forecast period. Consumers who could not afford spray insecticide will return to purchasing the product as their budgets improve.
Consumers are increasingly concerned about the high amount of chemicals contained in home insecticides. For this reason, companies will focus on new formulas that include natural ingredients over the forecast period.
Retail volume and value growth of home insecticides will be driven by traditional retail stores, such as small local groceries, due to proximity to a large consumer base and price advantage, with consumers continuing to seek affordability. Supermarkets and hypermarkets will see sales growth driven by middle and high-income populations that make purchases from modern retail outlets.
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Understand the latest market trends and future growth opportunities for the Home Insecticides industry in Nigeria with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Home Insecticides
This is the aggregation of spray/aerosol insecticides, electric insecticides, coils, baits and other insecticides.
See All of Our DefinitionsThis report originates from Passport, our Home Insecticides research and analysis database.
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