Mosquito Repellent Market is expected to garner $4.8 billion by 2022 | CAGR 7.7 %

Asia-Pacific holds the largest share in the world mosquito repellent market owing to higher demand for mosquito repellent products in countries such as China and India. However, the market is at a nascent stage in the rural areas due to lower level of health and hygiene consciousness. Recently, countries in America and Africa have witnessed a surge in the demand of mosquito repellent products due to the outbreak of Zika virus caused by Aedes mosquito. Increasing demand for herbal and organic ingredient based products is offering lucrative business opportunity for the players operating in the market.

The developing markets are characterized by higher adoption of lower priced mosquito repellent products such as coils and mats. Penetration level of mosquito repellent sprays, creams and oils prepared from organic and herbal ingredients is higher in developed markets such as North America and Europe. Moreover, the demand for such high-end products is consistently increasing in developing markets owing to factors such as rising literacy levels and increasing awareness campaigns run by government and players operating in the industry. The industry has witnessed the entry of numerous small players since recent past, who manufacture and market innovative mosquito repellent products such as wrist bands, patches and others.

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Mosquito Repellent Market is expected to garner $4.8 billion by 2022, registering a CAGR of 7.7 % during the forecast period 2016 - 2022.

Wide variety of chemical and natural ingredient based mosquito repellents are being used to keep the mosquitoes away and prevent mosquito-borne diseases such as malaria, dengue, chikungunya, yellow fever, Zika virus, and others.

Rise in the demand of herb based repellents

Toxic substances present in the mosquito repellents such as DEET causes skin rashes, breathing problems and other health hazards. While, the smoke emitted from burning the mosquito coil is also poisonous for children and pregnant women. With the growing incidences of health hazards caused by such chemical based mosquito repellents, the consumers have begun to switch their preferences towards herbal based products. Presently, people in the developed regions have started to use sprays, creams & oils based on neem, citronella oil, birch tree bark and other plant based ingredients. The change in the preference towards herb based mosquito repellent is expected to garner the growth of the market in coming years.

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KEY BENEFITS

The study provides an in-depth analysis of the world mosquito repellent market to elucidate the prominent investment pockets in the market.
Current and future trends are outlined to determine the overall attractiveness and to single out profitable trends to gain a stronger foothold in the market.
The report provides information regarding key drivers, restraints, and opportunities with impact analysis.
Geographically, the market is analyzed based on various regions such as North America (US, Canada, Mexico), Europe (Western Europe, Russia & Rest of Europe), Asia-Pacific (China, India & Rest of APAC), and LAMEA (Brazil, South Africa & Rest of LAMEA)
Analysis of value chain is conducted for better understanding of the role of intermediaries.
SWOT analysis highlights the internal and external environment of the leading companies for current strategy formulation.

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Comprehensive competitive analysis and profiles of major market players, such as Reckitt Benckiser Group PLC, Spectrum Brands Holdings Inc., Godrej Household Products Ltd., SC Johnson& Sons Inc., Dabur International, Jyothi Laboratories, Enesis Group, Coghlans Ltd., Quantum Health and PIC Corporation are also provided in this report. Players operating in the market have introduced innovative mosquito repellants to strengthen their foothold. For instance, Dabur introduced a mosquito repellent wristband in 2014, under its Odomos brand, which is worn on the wrist to repel mosquitoes.

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