European Home and Garden Fungicides Market 2021-2027

European Home and Garden Fungicides Market Size, Share & Trends Analysis Report By Product Type (Organic & Inorganic) By Form (Liquid and Dry Powder) By Application (Garden, Household, and Turf & Ornamentals) Forecast, 2021-2027

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 home and garden fungicides market in the European countries is set to display growth owing to the factors such as an increase in awareness, rising population, increasing disposable income, and rising use of fungicides to kill fungus in plants. Besides, the increasing food security, rising R&D investments for organic fungicides, and change in garden practices are also prominent factors accelerating the growth of the market. Moreover, the increasing mergers and acquisitions among players have also a positive impact on the growth of the European home and garden fungicides market. For instance, in April 2021, Spectrum Brands Holdings, Inc. acquired Life Products, LLC, a manufacturer of household cleaning products for $300 million.

During the COVID-19 pandemic, the home and garden fungicides market in Europe was negatively impacted. For instance, in Spain, the demand for fungicides was getting down due to rising concerns amongst the population regarding their safety in the home linked to the inhalation of chemicals. Hence market experienced a downfall in growth. 

The European home and garden fungicides market is segmented based on product type, forms, and application. Based on type, the market is bifurcated into organic and inorganic. Among these, the organic segment is propjected to gain a dominant position during the forecast period. Based on forms, the market is again bifurcated into liquid and powder form. Among these, the liquid segment is projected to hold the largest share in the market during the forecast period owing to their easy applications, fast distribution, and high penetration rate. Whereas, based on application, the market is further analyzed into the home garden, household, and turf & ornamentals. The garden segment is expected to hold the largest revenue share in the market during the forecast period.

Geographically the European home and garden market is segmented into UK, Germany, France, Italy, Spain, and the rest of Europe. Among these, Germany is projected to grow at a faster rate during the forecast period owing to the growing awareness regarding fungicides, and favorable reimbursement policies for use of fungicides. The major players contributing to the growth of the European home and garden fungicides market include Spectrum Brands Holdings, Inc., Bayer AG, Reckitt Benckiser Group PLC, BASF SE, DuPont de Nemours, Inc., Corteva Agriscience Inc., FMC Corp, among others. To remain in the competition, these market players are more focused on the adoption of strategies that can help them to generate more revenue. The strategies adopted by them are new product launches, business expansion, partnership collaborations, and mergers and acquisitions.

Research Methodology

The market study of the European home and garden fungicides market is incorporated by extensive primary and secondary research.  Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Europe Home and Garden Fungicides Market Research and Analysis by Product Type
2. Europe Home and Garden Fungicides Market Research and Analysis by Form
3. Europe Home and Garden Fungicides Market Research and Analysis by Application

The Report Covers

• Comprehensive Research Methodology of the Europe Home and Garden Fungicides market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European Home and Garden Fungicides market.
• Insights about market determinants that are stimulating the Europe Home and Garden Fungicides market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.