As of 2023, household expenditure on insecticides and moth repellents in Japan was 1.93 thousand Japanese Yens. The forecast for 2024 to 2028 shows a slight downward trend, with values decreasing marginally each year from 1.93 to 1.91. This reflects a consistent yet minimal decline in household spending over the forecast period.
Year-on-year percentage variations for 2024 to 2025 show zero change, while a slight decrease is observed from 2026 onwards. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is negative, indicating a gradual reduction in expenditure.
Future trends to watch for:
- Environmental awareness and shifts towards more sustainable pest control solutions may impact spending in this category.
- Technological advancements could introduce more efficient alternatives, possibly affecting traditional insecticide sales.
- Demographic changes, such as an aging population, may influence household spending habits in this sector.
