Mosquito Repellent Market Poised to Grow at a CAGR of 3.5% by 2024
Infinium Global Research has added a new report on Mosquito
Repellent Market. The report presents analysis of global as well as
regional markets of mosquito repellent market over the period of 2016 to 2024.
Global mosquito repellent market
is showing a positive trend of development around the globe. There are many
factors which are showing a positive outlook of market for medium and long
term. Mosquito repellent market is growing rapidly due to rise in incidence of
mosquito-borne diseases as chikungunya, dengue, filariasis, or yellow fever,
resistance of mosquito populations to pyrethroids, and global warming, which
facilitates breeding of mosquitoes. Other factors that drive the market are
rising health awareness, many governments initiatives for mosquito control programs,
affordable cost of repellents, and its easily availability around consumers.
However, application of low-cost but toxic chemical ingredients in
manufacturing of mosquito repellent, such as DEET, in various mosquito
repellent products causes ill effects on human health, and numerous health
related clauses for mosquito repellents by many governments are likely to obstruct
the growth of this market for medium term. There is sea of opportunities for
mosquito repellent market due to changing consumer choice of mosquito
repellents product, raising awareness
about ingredients used in mosquito repellent products and their side effects on
human health, rising demand for organic repellents, which would be ecofriendly,
and virtually no harmful for human health, and increasing penetration in
untapped markets of rural regions.
On the basis of region, the
Global mosquito repellent market is segmented into North America, Europe, Asia,
and the Rest of the World (RoW). Asia-Pacific dominates the global mosquito
repellent market, due to high awareness about mosquito-borne diseases,
government and non-government supported programs to minimize the mosquito borne
disease etc. Also, Latin
America region is expected to grow at the highest CAGR during the forecast
period of 2018-2024 due to huge demand of mosquito repellents.
Key Development:- In June,2018 XIAOMI launches a MiHome Mosquito
repellent and a new Mi mini scooter for kids, but only in China
Xiaomi has launched the Mi home mosquito repellent and a brand
new Mi mini scooter for kids. In 2016, a portable mosquito repeller and the Mi electric
scooter were introduced in the market.
launches Good Knight “baby safe” mosquito repellents
Godrej launched a natural, baby safe and non-skin application
mosquito repellents range of products which are pediatrician certified, as per
company sources. The baby-safe mosquito repellent market was dominated by
Odomos which made mosquito repellent skin cream.
Moreover, the growth matrix presented by Infinium Global
Research identifies the key investment markets in the near future, this will
not only help the companies to understand the competitive position in the
global mosquito repellent market but also make strategic decisions to capture
the most lucrative markets in the near future.
The market size is presented in terms of value for the historic
year 2016 and estimated for forecast period of 2018-2024.
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The recent report identified that Asia-Pacific dominated the
global mosquito repellent market over the last couple of years, while emerging
markets of Asia-Pacific and Latin America are anticipated to contribute
significantly to the growth in the mosquito repellent market worldwide.
The report segments the global mosquito repellent market on the
basis of Product Type and Channels of Distribution.
Global Mosquito Repellent Market by Product Type
Cream & Oil
Global Mosquito Repellent Market by Channels Of
Large Retail Stores
Small Retail Stores
Companies Profiled in the Report
Godrej Consumer Products Limited
Reckitt Benckiser Group PLC
SC JOHNSON & SON, INC.
Spectrum Brand Holdings Inc.
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