Europe Insect Repellent Market Investigation & Development Trends Analyzed till 2023

Market Research Reports Search Engine (MRRSE.com) has added a new research report to its vast database on the consumer goods industry. The report, titled “Insect Repellent Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023,” analyzes the market to offer forecasts and statistical estimates in US$, within the given forecast period. According to the report, the Europe insect repellent market is progressing at a CAGR of 3% within a forecast period of 2015 to 2023. This market was valued at US$1.40 bn in 2014 and is expected to grow to US$1.82 bn in 2023.

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The primary driver for the Europe insect repellent market, as stated in the report, is the growing health concern regarding the outbreak of several insect-borne diseases such as dengue fever, West Nile fever, malaria, and Lyme disease. These are commonly spread by flies, ticks, fleas, and mosquitoes. The consumer base across Europe is showing an increase in their level of awareness regarding the use of insect repellents against the spread of deadly diseases.

Another factor promoting the growth of the Europe insect repellent market is the rising availability of products across e-commerce platforms. Online sales are soaring due to the increased level of convenience they offer, creating a higher sales figure for many consumer goods including insect repellents.

One factor that might be considered as a restraint to the overall growth rate of the Europe insect repellent market is the prohibition of several chemicals that were conventionally used. Their toxic nature and the adverse impact on humans and the environment have resulted in their prohibition.

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With body-worn repellents and non-body worn repellents being the two major product types in the Europe insect repellent market, this market enjoyed major sales of non-body worn repellents in 2014 owing to their ease of use and lower price. On the other hand, the segment of body-worn insect repellents is increasing fast due to the growing awareness of consumers regarding their benefits. Body-worn repellents are also being increasingly manufactured with natural and harmless chemicals and materials.

From a regional perspective, the Europe insect repellent market was led by Italy in 2014 with a share of almost 20%. The insect repellent market in Italy is expected to grow at a significant pace owing to the presence of a large number of insects in the country.

The key players in the Europe insect repellent market are Omega Pharma, E.I. DuPont de Nemours and Company, S.C. Johnson & Son, Inc., Avon Products Inc., BASF S.E., and 3M Corporation.

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This release was published on openPR.