Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Insect traps are devices used to capture and control the population of insects. They use various methods, including glue boards, pheromones, UV lights, and suction fans, to attract and trap flies, mosquitoes, moths, and other insects. The purpose of insect traps is to reduce the number of insects in an area, especially in public spaces, by trapping them instead of using harmful chemicals or pesticides. Some insect traps are designed for indoor use, while others are meant for outdoor use in gardens or other outdoor areas. They are a safe and effective alternative to traditional insect control methods. According to the latest estimates, the global baited insect traps market is set to achieve an incremental growth of USD 236.1 million, accelerating at a CAGR of almost 6.3% during the forecast period 2023-2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global baited insect traps market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, pest type, distribution channel, end user, and region. The global market for baited insect traps can be segmented by product: gel and paste baits, granular baits, liquid baits. Among these, the gel and paste baits segment was accounted for the highest revenue generator in 2022. Baited insect traps market is further segmented by pest type: ants, bedbugs, cockroaches, moths & flies, others. The cockroaches segment is estimated to account for the largest share of the global baited insect traps market. Based on distribution channel, the baited insect traps market is segmented into: offline, online. The offline segment held the largest share of the global baited insect traps market in 2022 and is anticipated to hold its share during the forecast period. On the basis of end user, the baited insect traps market also can be divided into: commercial, residential, others. In 2022, the commercial segment made up the largest share of revenue generated by the baited insect traps market. Baited insect traps market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, North America was accounted for the highest revenue generator in 2022.
The commercial market is further segmented into agriculture, commercial warehousing, hospitality, hospitals, others. The hospitality segment captured the largest share of the market in 2022 and is expected to maintain its dominance during the forecast period.
Market Segmentation
By product: gel and paste baits, granular baits, liquid baits
By pest type: ants, bedbugs, cockroaches, moths & flies, others
By distribution channel: offline, online
By end user: commercial, residential, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global baited insect traps market. Some of the leading players profiled in the report include Aeroxon Insect Control GmbH, AP&G Co., Inc. (Catchmaster), Earth Corporation, Fujian Blue-touch Products Inc., Henkel AG & Co. KGaA, Pelsis Limited, S. C. Johnson & Son, Inc., Spectrum Brands Holdings, Inc., Syngenta AG, Woodstream Corporation, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global baited insect traps market.
• To classify and forecast the global baited insect traps market based on product, pest type, distribution channel, end user, region.
• To identify drivers and challenges for the global baited insect traps market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global baited insect traps market.
• To identify and analyze the profile of leading players operating in the global baited insect traps market.
Why Choose This Report
• Gain a reliable outlook of the global baited insect traps market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
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