According to a new report, published by KBV research, The Global Fly Traps Market size is expected to reach $388.5 million by 2031, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 16,923.3 thousand units, experiencing a growth of 16.8% (2020-2023).
The Commercial segment is leading the Global Fly Traps Market by Application in 2023; thereby, achieving a market value of $300.1million by 2031. Commercial environments, especially those in the food service, hospitality, and healthcare industries, often deal with large populations of flies due to high foot traffic, food waste, and other attractants. This creates a greater need for effective fly control solutions. Commercial establishments are frequently exposed to conditions that attract pests, such as open food sources, waste areas, and high moisture levels. The high incidence of fly activity necessitates robust pest control measures.
The Container segment is anticipating a CAGR of 5.4% during (2024 - 2031). Container fly traps are designed to attract and capture flies using various methods such as bait, UV light, or pheromones. Their design often includes a container that traps flies inside, preventing their escape and ensuring effective pest control. These traps are versatile and can target various fly species, including fruit, house, and drain flies, making them suitable for different environments and needs.
The Medium segment is generating the maximum revenue in the Global Fly Traps Market by Price Range in 2023; thereby, achieving a market value of $198.2 million by 2031. Medium-priced fly traps typically offer a good balance between affordability and performance. They provide effective fly control without the higher costs associated with premium models or cheaper options' lower effectiveness. Consumers and businesses often find that medium-priced fly traps deliver sufficient performance and durability for their needs, offering good value for their money.
The Supermarkets & Hypermarkets segment is registering a CAGR of 5.5% during (2024 - 2031). The distribution networks for fly traps have expanded, allowing suppliers to reach more hypermarkets and supermarkets across various regions. This increased accessibility ensures that these retail environments can easily procure effective fly control solutions. Enhanced logistics and supply chain management contribute to the efficient distribution of fly traps. Faster and more reliable delivery of products ensures that hypermarkets and supermarkets can maintain effective pest control without delays.
Full Report: https://www.kbvresearch.com/fly-traps-market/
The North America region dominated the Global Fly Traps Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $180.5 million by 2031. The Europe region is experiencing a CAGR of 5.5% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 6.8% during (2024 - 2031).
By Application (Volume, Thousand Units, USD Million, 2020-2031)
By Type (Volume, Thousand Units, USD Million, 2020-2031)
By Price Range (Volume, Thousand Units, USD Million, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Million, 2020-2031)
Unique Offerings 
