Asia Pacific Potassium Soap Insecticides Market Size & Outlook

The potassium soap insecticides market in Asia Pacific is expected to reach a projected revenue of US$ 8,389.0 thousand by 2030. A compound annual growth rate of 9% is expected of Asia Pacific potassium soap insecticides market from 2023 to 2030.
Revenue, 2022 (US$K)
$4,196.1
Forecast, 2030 (US$K)
$8,389.0
CAGR, 2023 - 2030
9%
Report Coverage
Asia Pacific

Asia Pacific potassium soap insecticides market, 2018-2030 (US$K)

Asia

Asia Pacific potassium soap insecticides market highlights

  • The Asia Pacific potassium soap insecticides market generated a revenue of USD 4,196.1 thousand in 2022.
  • The market is expected to grow at a CAGR of 9% from 2023 to 2030.
  • In terms of segment, horticulture was the largest revenue generating application in 2022.
  • Outdoor Gardening is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, South Korea is expected to register the highest CAGR from 2023 to 2030.


Asia Pacific data book summary

Market revenue in 2022USD 4,196.1 thousand
Market revenue in 2030USD 8,389.0 thousand
Growth rate9% (CAGR from 2022 to 2030)
Largest segmentHorticulture
Fastest growing segmentOutdoor Gardening
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD thousand
Market segmentationHorticulture, Indoor Gardening, Outdoor Gardening, Field Crops


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 50.3% of the global potassium soap insecticides market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 1,656.8 thousand by 2030.

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Potassium Soap Insecticides Market Companies

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Asia Pacific potassium soap insecticides market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to potassium soap insecticides market will help companies and investors design strategic landscapes.


Horticulture was the largest segment with a revenue share of 79.28% in 2022. Horizon Databook has segmented the Asia Pacific potassium soap insecticides market based on horticulture, indoor gardening, outdoor gardening, field crops covering the revenue growth of each sub-segment from 2018 to 2030.


Asia Pacific is home to some of the world's largest agricultural economies including China and India. The region's growing population and changing dietary patterns have resulted in an increased demand for agricultural products. 

This expansion has driven the need for effective pest management solutions such as potassium soap insecticides. 

For instance, in 2021, Asia Pacific held a dominant position in global rice production, with the top three Asian producers being China (contributing 27% to the world's total rice production), India (25%), and Bangladesh (7%).

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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific potassium soap insecticides market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific potassium soap insecticides market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific potassium soap insecticides market outlook size, by country, 2018-2030 (US$K)

Asia Pacific Potassium Soap Insecticides Market Outlook Share, 2022 & 2030 (US$K)

Asia Pacific potassium soap insecticides market outlook size, by country, 2018-2030 (US$K)

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