Market Snapshot:
Mothballs are used to kill clothes moths and various fabric pests. There are various regulations based on mothballs due to improper use of mothball. For instance, end users used moth ball in containers. If the container is not air tight then it allows the toxic chemical to escape into the air which further causes health issue. This is one of the main reason that is hampering the overall growth of the market. However, increasing use of mothball particularly in rainy season for removing unpleasant smell and killing moths from clothes is boosting the overall growth of the market.
Market Drivers
- Rising Standard of Living of Emerging Economies
- Increasing Demand from Asian Countries
Market Trend
- Increasing Use of Moth Ball Particularly in Rainy Season for Removing Unpleasant Smell and killing moths from Cloths
Restraints
- Hazardous Associated with Moth Balls
- Number of Alternatives Present in the Market
The Mothballs market framework should serve as a basic structure to support the strategic decision-making process for Vendors. For instance, the question of whether a Vendors wants to expand in other areas of the market value chain would fundamentally determines its strategy.
What is the current setup of the Mothballs Industry, and what is its growth trajectory through 2027?
Trends that might impact the resulting strategic moves of the Vendors
How can Vendors take advantage of the changing market dynamics and capture new opportunities lying in Mothballs market?
The key Vendors profiled in the report are Willert Home Products (United States), Paragon (United States), Hovex (United States), ZENSECT, Henkel France SAS (France), BEATLES (United Kingdom), Pan Chem Corporation (India), M.k Incorporation (India), Metro Industries (India) and P & P PRODUCTS (India). Additionally, other players that are part of this comprehensive study are FreshHome (India) and Sumeet Plastic (India).