The global Mosquito Repellent Market has generated $6.9 billion in value in 2021 and is likely to reach 10.9 billion by the end of 2028, with a healthy CAGR of 5.6% over the forecast period. The report presents a brief analysis of the current performance of the market at the global level. It highlights growth factor restraints, opportunities, and challenges in the market. Additionally, it mentions the recent developments along with geographical and competitive market dynamics.
Zion Market Research CAGR published the latest report titled as “Mosquito Repellent Market By Type (Mat, Vaporizer, Spray, Cream & Oil, Coil, and Others), By Distribution Channel (E-commerce, Independent Stores, and Supermarket), By Afterbite Type, (Roll-On, Gel, Balm, Lotion), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028.” into their research database.
Mosquito Repellent Market: Overview
Mosquito repellent is a chemical substance used on clothing, skin, and other surfaces to prevent the landing of mosquitoes on those surfaces. Mosquito repellents are segregated into different chemical classes named plant-derived oils like oil of citronella & oil of lemon eucalyptus and synthetic chemicals like picaridin and DEET. Mosquito repellents are widely used globally to prevent mosquitoes from biting. These products are generally available in the market in different forms, including vaporizers, oils, coils, creams, and aerosols.
The outbreak of the Covid-19 pandemic has severely impacted most of the industries as supply chains were disturbed and manufacturing & production came to a halt. But the CAGR global mosquito repellent market showed a positive growth trajectory during the pandemic as it was recognized as an essential commodity. Thereby, it remained active during the period. Also, populations all across the globe became very much aware of their health. Therefore, the pandemic period indicated a positive growth trajectory in the global market in the forthcoming years.
Our Free Sample Report Includes:
2022 Updated Report Introduction, Overview, and In-depth industry analysis COVID-19 Pandemic Outbreak Impact Analysis Included 163 + Pages Research Report (Inclusion of Updated Research) CAGR Provide Chapter-wise guidance on Request 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends Includes Updated List of tables & figures Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis Zion Market Research methodology
Industry Dynamics:
Mosquito Repellent Market: Growth Drivers
Growing urbanization and world population is likely to drive the growth of global market
The global mosquito repellent market is constantly growing in revenue and volume on account of various factors like growing urbanization, constantly increasing world population, and others. Additionally, the presence of different epidemics like Zika, dengue, yellow fever, etc., emphasized the importance of mosquito repellents globally. Apart from the urban areas, the growing awareness regarding these epidemics and ill effects of mosquito biting in suburb and rural areas is further penetrating the products deep into the roots of society. However, such a landscape has made mosquito repellent not a generalized product but an essential commodity in the global market today. Growing initiatives by the government are also encouraging people to take preventive measures to avoid mosquito-caused diseases in society, thereby lowering the burden on the public healthcare system.
Mosquito Repellent Market: CAGR Restraints
Usage of pesticides in the product is likely to restrain the growth of the global market
Many mosquito repellent products are packed with DEET and cyfluthrin, which are considered common pesticides. Large doses of these pesticides can lead to skin irritation, headaches, stiffness in joints, skin blisters, memory loss, seizures, and shortness of breath. Thereby people are avoiding these products, which in turn will hamper the growth of the market.
Mosquito Repellent Market: CAGR Opportunities
Growing demand for herbal and plant-based mosquito repellent is likely to create several lucrative growth opportunities in global market.
Due to the growing ill effects of chemical-based mosquito repellents on the skin, people are switching towards herbal and organic plant-based mosquito repellents. Therefore, manufacturers are also propelling research development activities to come up with effective herbal skin-friendly mosquito repellents. However, this initiative is likely to open several new avenues in the market, thereby generating huge volume in the forthcoming years.
Mosquito Repellent Market: CAGR Challenges
Government regulation on using certain ingredients in the product is a huge challenge in the global market.
There are strict rules and regulations regarding the usage of ingredients in mosquito repellent products; therefore, it has emerged as a key challenge to the manufacturers in the global market.
List of Key Players of Mosquito Repellent Market: CAGR
Himalaya Global Holdings Ltd. Sawyer Products Inc. Herbal Strategi Genesis Group AoGrand Group PelGar International Jyothy Labs Limited Dabur India Ltd. 3M Company Natura & Co Holding SA Godrej Consumer Products Limited Spectrum Brands Holdings Inc.
Key Industry Insights & Finding of the Mosquito Repellent Market Reports:
As per the analysis shared by our research analyst, the Mosquito Repellent Market is expected to grow annually at a CAGR of around 5.6% (2022-2028). Through the primary research, it was established that the Mosquito Repellent Market was valued approximately USD 6.9 billion in 2021 and is projected to reach to roughly USD 10.9 billion by 2028. Growing awareness among people regarding the requirement for insect and mosquito repellents in the region.
Key questions answered in this report: CAGR
What are the growth rate forecast and market size for Mosquito Repellent Market? What are the key driving factors propelling the Mosquito Repellent Market forward? What are the most important companies in the Mosquito Repellent Market Industry? What segments does the Mosquito Repellent Market cover? How can I receive a free copy of the Mosquito Repellent Market sample report and company profiles?
This article was shared with Prittle Prattle News as a Press Release.
