Some of the major companies working in the mosquito repellent market comprise SC Johnson& Sons Inc., Godrej Household Products Ltd., Spectrum Brands Holdings Inc., Reckitt Benckiser Group PLC, Quantum Health, Dabur International, Enesis Group, Jyothi Laboratories, PIC Corporation, and Coghlans Ltd. among others. These players are set to bolster the mosquito repellent market in the years to come.
According to the analysts at Zion Market Research, global mosquito repellent market was capitalized at almost USD 3.20 Billion in 2016. The mosquito repellent market is likely to cross almost USD 5.00 Billion in 2022 developing at a CAGR of almost 7.50% from 2017 to 2022.
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Rising Number Of Mosquito-Borne Diseases To Augment The Development Of Global Mosquito Repellent Market In The Years To Come
As per analysts at Zion Market Research, the global mosquito repellent market is majorly augmented by rising number of mosquito-borne diseases. Other primary catalysts for the development of mosquito repellent market are global warming that helps the reproduction of mosquitoes, paired together with rising requirement for such goods, particularly in developing nations. On the other hand, damaging health effects of specific mosquito repellents are a major limitation that might hinder the development of the mosquito repellent market.
Yet, technological enhancements by a number of new companies making an enter into mosquito repellent market, and up-and-coming nations all over the world are expected to reveal the new growth opportunities for mosquito repellent market in the years to come. For example, in June 2018, Xiaomi introduced the second generation of its Portable Mosquito Repeller, which was originally launched in 2016. This boosted the global mosquito repellent market.
Huge Demand From India And China To Suffice The Growth Of Global Mosquito Repellent Market In The Years To Come
Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa are major regional sections of global mosquito repellent market. The mosquito repellent market was dominated in 2016 by Asia Pacific due to huge requirement from India and China. Asia Pacific is likely to be the quickest developing area during the forecast period in mosquito repellent market. In addition to this, Latin America is also likely to exhibit visible development for mosquito repellent market in the coming years. North America is also likely to develop at a perceptible rate in the coming years. The European area is likely to develop at reasonable rate for the mosquito repellent market in the forecast period.
The mosquito repellent market can be divided based on source into plant-derived chemical mosquito repellent and synthetic chemical mosquito repellent. Plant-derived chemical repellent comprise oil of lemon eucalyptus and citronella among others, while synthetic chemical repellent comprise permethrin, DEET, and picaridin.
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The global mosquito repellent market is segmented as follows:
- Synthetic Chemical Derived Market
- Plant Derived Chemical
- Cream & Oil
By Distribution Channel
- Large Retail Stores
- Small Retail Stores
- Specialty Stores
- Online Distribution Chann
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa