electric-bug-zappers-market

Electric Bug Zappers Market By Type (Freestanding, Hanging), By Application (Indoor, Outdoor, Indoor & Outdoor), By Price (Up to US$ 50, US$ 51 to US$ 100, US$ 101 to US$ 200, Above US$ 200), By End-Use (Residential, Commercial), By Distribution Channel (Online, Offline) - Growth, Share, Opportunities & Competitive Analysis, 2024 - 2032

19 Apr 2023 Format PDF icon PPT icon XLS icon Request Sample

The global electric bug zappers market is expected to grow at a CAGR of 3.5% during the forecast period of 2024 to 2032. The incidence of vector-borne diseases is anticipated to increase the demand for electric insect killers. These devices kill insects using high-voltage electrical grids, thereby lowering their number and the risk of disease transmission. The growth of the global market for electric bug zappers is anticipated to be fuelled by a growing awareness of the need of managing mosquito populations in residential areas. The expansion of e-commerce is anticipated to have a beneficial effect on the market for electric insect killers. E-commerce platforms make it easy for consumers to compare products and pricing and acquire the most suitable insect zapper for their needs. Manufacturers are spending R&D to generate more effective, efficient, and user-friendly insect killers.

Electric Bug Zappers Market

The electric bug zapper is a device used to electrocute a variety of insects and pests. UV light is especially efficient against insects that are attracted to it. A light source attracts insects, while a high-voltage grid electrocutes them upon contact. To lower the insect population and prevent the transmission of vector-borne diseases, electric bug zappers are frequently employed in homes and outdoor areas. They are a chemical-free alternative to conventional pesticides and provide the benefits of being simple to use, economical, and ecologically benign.

Instances of Vector-Borne Infections on the Increase Driving Electric Bug Zapper Market Growth

Insects and bugs transmit diseases to humans, including dengue, Zika, and chikungunya. Each year, more than 700,000 deaths are attributed to malaria, dengue, schistosomiasis, human African trypanosomiasis, leishmaniasis, Chagas disease, yellow fever, Japanese encephalitis, and onchocerciasis, according to the World Health Organization (WHO). More than 17% of all infectious diseases are transmitted by vectors. Anopheline mosquitoes transmit the parasite disease malaria. Around 219 million instances of the virus are reported annually, resulting in over 400 thousand fatalities. The majority of deaths occur among children under the age of five. The most prevalent virus spread by Aedes mosquitoes is dengue. Almost 3,9 billion individuals in over 129 countries are at risk for developing the disease. Each year, approximately 96 million symptomatic cases and 40,000 deaths are attributed to dengue. Thus, the increased frequency of vector-borne diseases is anticipated to drive the growth of the electric bug zapper market shortly.

Growth of the E-commerce Industry

Online purchasing has made it more convenient for consumers to acquire bug zappers without leaving their homes. This has been particularly useful during the COVID-19 outbreak when people are attempting to restrict their exposure to one another. By 2023, it is anticipated that online retail sales would reach $6.17 trillion, with e-commerce websites accounting for 22.3% of all retail sales. The U.S. e-commerce market was projected to surpass $875 billion in 2023. Consequently, it is projected that the expansion of the e-commerce industry would fuel the growth of the electric bug zapper market over the next several years.

North America Remains as the Global Leader

North America dominated the global electric insect zapper market in 2023 and the trend is expected to continue during the forecast period of 2024 to 2032, according to the most recent industry prediction. Shortly, market growth in the region is anticipated to be driven by people's active outdoor lifestyles and heightened awareness of the dangers posed by vector-borne diseases. Asia-Pacific is anticipated to have the sector's fastest growth during the forecast period. In the coming years, the prevalence of vector-borne diseases and the existence of key manufacturers are projected to increase electric bug zapper market statistics in the region. Due to an increase in consumer awareness of vector-borne diseases in Europe and South America, the industry in these regions is predicted to expand at a rapid rate throughout the forecast period.

Advertisements and Partnerships to Enhance Market Share of the Competitors

Alliance Sports Group, L.P., Aspectek, BLACK+DECKER, Flowtron (Armatron Company), GLOUE, HEMIUA, Koolatron, Liba USA, Livin' Well, Woodstream Corporation, and Other notable players are industry leaders. Bug zappers featuring LED lights, longer-lasting grids, and bigger coverage areas are being introduced by manufacturers. To enhance their electric insect zapper market share, they are collaborating with internet retailers and developing e-portals. Major players are increasing their marketing efforts to promote their goods and generate knowledge about the benefits of electric bug zappers. They are participating in marketing efforts such as traditional and digital media advertising and partnerships with retailers and influencers.

Some of the key market developments include the following:

  • In 2023, GLOUE developed a new indoor range of GLOUE Bug Zappers with UL certification. To attract insects, the zapper employs a 360° UV light bulb with a wavelength of 365 nm.
  • Stanley Black & Decker, Inc. announced in 2021 that it would implement the following strategies to increase its revenue: capturing growth potential in various end-markets and adjacencies, improving profitability and return on invested capital, systematic capital allocation & continuous portfolio enhancement, and portfolio development. Also, the company declared ambitions to concentrate on worldwide markets and seek opportunities to expand into other geographies. The company intends to acquire complementary businesses to strengthen its present market position.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Electric Bug Zappers market are as follows:

  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Electric Bug Zappers market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE DETAILS
Research Period  2022-2032
Base Year 2023
Forecast Period  2024-2032
Historical Year  2022
Unit  USD Million
Segmentation
Type
  • Freestanding
  • Hanging

Application
  • Indoor
  • Outdoor
  • Indoor & Outdoor

Price
  • Up to US$ 50
  • US$ 51 to US$ 100
  • US$ 101 to US$ 200
  • Above US$ 200

End-use
  • Residential
  • Commercial

Distribution Channel
  • Online
    •     E-commerce Websites
    •     Company-owned Websites
  • Offline
    •     Supermarkets/Hypermarkets
    •     Specialty Stores
    •     Retail Stores

 Region Segment (2022-2032; US$ Million)

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • UK and European Union
    • UK
    • Germany
    • Spain
    • Italy
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Electric Bug Zappers market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2032.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Electric Bug Zappers market?
  • Which is the largest regional market for Electric Bug Zappers market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Electric Bug Zappers market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Electric Bug Zappers market worldwide?
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