NEW YORK, July 12, 2021 /PRNewswire/ — Technavio has been monitoring the home outdoor pest control devices market, operating under the consumer discretionary industry. The latest report on the home outdoor pest control devices market 2021-2025, estimates it to register an incremental growth of USD 208.91 million, at a CAGR of almost 7.68% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Armatron Co., Bell Laboratories Inc., Bird B Gone Inc., Bird-X Inc., JT Eaton & Co. Inc., Nixalite of America Inc., O.S.D. GRUPPO ECOTECH SRL, Olee International Pte Ltd., STV International Ltd., and Thermacell Repellents Inc. are among some of the major market participants.