Product Code: ETC025847 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Insecticides market currently, in 2023, has witnessed an HHI of 1617, Which has increased slightly as compared to the HHI of 1438 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Singapore insecticides market is expected to witness a CAGR of 6.6% during the forecast period of 2020-2026. The growing urbanization and population growth in Singapore are driving the demand for insecticides as they help control pests like mosquitoes, cockroaches, termites, flies ETC, which can spread diseases and other health hazards. Moreover, rising awareness among citizens about hygiene and sanitation is further augmenting the demand for these products. Additionally, increasing government initiatives towards controlling vector borne disease such as dengue fever in Singapore are also contributing to the growth of this market.
Growing Population & Urbanization: Increasing population size coupled with rapid urbanization has resulted in an increased demand for food grains & vegetables along with increasing instances of infestation by vectors which require effective control measures such as insecticides. Hence this factor is projected to drive the growth of insecticide market in coming years.Government Initiatives: The government authorities have taken various initiatives towards controlling vector born diseases like dengue fever in order to reduce its incidence on public health services across different regions throughout Singapore thus creating opportunities for vendors operating within this space.
Regulatory Concerns: Stringent regulations imposed by regional governments regarding use & disposal of hazardous chemicals used as active ingredients has made it difficult for industry participants to keep up with ever changing norms while continuing their operations resulting into decreased profits or even losses due severe fines imposed upon non compliance.Accessibility Issues : Difficulty faced by customers accessing stores located away from their homes or places may hamper sales volumes adversely given that majority of purchasing decisions still take place at physical retail outlets rather than online channels thus making it important for vendors operating within this sector.
Some major players operating within this space include Dupont, Syngenta, Bayer AG, FMC CorporatioN.
The covid 19 pandemic had effects on all industries including pest control ones since movement restrictions were implemented leading people staying indoors instead travelling outside thus reducing chances of being exposed to outdoor pests but simultaneously caused increase indoor pest related issues because people stayed home more often thereby causing need for increased usage amongst consumers given less outdoor activities being done due lockdowns which led companies offering services using chemical based solutions reporting jumpy revenues during first few months post outbreak before things started normalizing again later on.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Insecticides Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Insecticides Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Insecticides Market - Industry Life Cycle |
3.4 Singapore Insecticides Market - Porter's Five Forces |
3.5 Singapore Insecticides Market Revenues & Volume Share, By Crop Type, 2020 & 2030F |
3.6 Singapore Insecticides Market Revenues & Volume Share, By Formulation, 2020 & 2030F |
3.7 Singapore Insecticides Market Revenues & Volume Share, By Forms, 2020 & 2030F |
4 Singapore Insecticides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Insecticides Market Trends |
6 Singapore Insecticides Market, By Types |
6.1 Singapore Insecticides Market, By Crop Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Insecticides Market Revenues & Volume, By Crop Type, 2020-2030F |
6.1.3 Singapore Insecticides Market Revenues & Volume, By Cereals & grains, 2020-2030F |
6.1.4 Singapore Insecticides Market Revenues & Volume, By Oilseeds & pulses, 2020-2030F |
6.1.5 Singapore Insecticides Market Revenues & Volume, By Fruits & vegetables, 2020-2030F |
6.1.6 Singapore Insecticides Market Revenues & Volume, By Other crop types, 2020-2030F |
6.2 Singapore Insecticides Market, By Formulation |
6.2.1 Overview and Analysis |
6.2.2 Singapore Insecticides Market Revenues & Volume, By Wettable powder, 2020-2030F |
6.2.3 Singapore Insecticides Market Revenues & Volume, By Emulsifiable concentrate, 2020-2030F |
6.2.4 Singapore Insecticides Market Revenues & Volume, By Suspension concentrate, 2020-2030F |
6.2.5 Singapore Insecticides Market Revenues & Volume, By Oil emulsion in water, 2020-2030F |
6.2.6 Singapore Insecticides Market Revenues & Volume, By Microencapsulated suspension, 2020-2030F |
6.2.7 Singapore Insecticides Market Revenues & Volume, By Granules, 2020-2030F |
6.3 Singapore Insecticides Market, By Forms |
6.3.1 Overview and Analysis |
6.3.2 Singapore Insecticides Market Revenues & Volume, By Sprays, 2020-2030F |
6.3.3 Singapore Insecticides Market Revenues & Volume, By Baits, 2020-2030F |
6.3.4 Singapore Insecticides Market Revenues & Volume, By Strips, 2020-2030F |
7 Singapore Insecticides Market Import-Export Trade Statistics |
7.1 Singapore Insecticides Market Export to Major Countries |
7.2 Singapore Insecticides Market Imports from Major Countries |
8 Singapore Insecticides Market Key Performance Indicators |
9 Singapore Insecticides Market - Opportunity Assessment |
9.1 Singapore Insecticides Market Opportunity Assessment, By Crop Type, 2020 & 2030F |
9.2 Singapore Insecticides Market Opportunity Assessment, By Formulation, 2020 & 2030F |
9.3 Singapore Insecticides Market Opportunity Assessment, By Forms, 2020 & 2030F |
10 Singapore Insecticides Market - Competitive Landscape |
10.1 Singapore Insecticides Market Revenue Share, By Companies, 2023 |
10.2 Singapore Insecticides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |