The extreme weather events experienced at the beginning of 2023, including flooding and the impact of Cyclone Gabriel, served as a stark reminder of the ongoing effects of climate change in New Zealand. The forecast indicates that milder winters and warmer summers are likely to become the norm over the forecast period.
The robust value sales growth observed in 2022 and 2023, driven by rampant inflation in the post-COVID-19 pandemic era, is expected to ease over the forecast period. The disruptions in international and domestic supply chains, coupled with increased costs for manufacturers and retailers due to heightened demand, resulted in higher unit prices passed on to consumers.
While the high rates of inflation persist, the official inflation rate, holding at 6.7% in March 2023, indicates a level of stability, albeit above the Reserve Bank's target range.
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Understand the latest market trends and future growth opportunities for the Home Insecticides industry in New Zealand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Insecticides industry in New Zealand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Home Insecticides
This is the aggregation of spray/aerosol insecticides, electric insecticides, coils, baits and other insecticides.
See All of Our DefinitionsThis report originates from Passport, our Home Insecticides research and analysis database.
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