The European home and garden fungicides market is anticipated to grow at a CAGR of around 3.1% during the forecast period (2021-2027). The European home and garden fungicides market is mainly driven by the increasing demand for fungicides due to increasing food safety owing to the increased population, rising awareness regarding pest-borne disease, and other infections caused by bed bugs, insects, and others. Moreover, the market in Europe is also accelerated by the other factors which include, high disposable income, increasing standard of living, rising expenditure on lawn and gardening activities, and developments in less toxic and natural derivatives fungicides. The rising household expenditure on garden activities and related products, ornamental horticulture, and landscaping are also boosting the market growth. In 2017, the spending by the UK households on garden goods was nearly around $10.39 million, and $3.33 on services of gardeners and landscapers. On average, a household spends $207 on gardening every year in the UK. Whereas, according to the German Garden Industry Association (IVG), the average consumer in Germany spends every year about 180 euros ($255) on plant products.
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Moreover, the increase in gardens and nurseries in Europe lead to the growth in garden fungicides due to which the overall market has surged. In 2018, according to the Horticultural Trades Association, there were 2000 garden centers and nurseries in the UK. Due to increased expenditure by household and commercial sectors on gardening activity maintenance and developments have augmented the growth of fungicides as these products are the first and basic need of plantation in pest management.
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Market Coverage
- The market number available for – 2020-2027
- Base Year- 2020
- Forecast Period- 2021-2027
- Segment Covered-
o By Product Type
o By Form
o By Application
- Competitive Landscape- Spectrum Brands Holdings, Inc., Bayer AG, Reckitt Benckiser Group PLC, BASF SE, DuPont de Nemours, Inc., Corteva Agriscience Inc., Nufarm Europe GmbH, FMC Corp, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Europe Home and Garden Fungicides Market Report Segment
By Product Type
- Organic
- Inorganic
By Form
- Dry Powder
- Liquid
By Application
- Garden
- Household
- Turf & Ornamentals
Company Profiles
- Spectrum Brands Holdings, Inc.
- Bayer AG
- Reckitt Benckiser Group PLC
- BASF SE
- DuPont de Nemours, Inc.
- Corteva Agriscience Inc
- Nufarm European GmbH
- FMC Corp
- Sumitomo Chemical European NV/SA
- Henkel Kg & Co. KGaA
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