Press release
Mosquito Repellent Market Size to Hit Around $6.0 BN by 2027
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Drivers, restraints, and opportunities-
Rise in incidences of mosquito borne diseases, increase in health concerns and literacy levels, and cost efficiencyof mosquito repellent products drive the growth of the global mosquito repellent market. However, fake mosquito repellents flooded in the city markets hinders the marketgrowth. On the other hand, increase in the demand of herb-based repellents, aggressive marketing, and positioning strategiesare anticipated to offer new opportunities in the coming years.
Regional Outlook:
Based on region, Asia-Pacificaccounted for the highest share based on revenue, holding for nearly halfof the global mosquito repellent market in 2019, and is projected to maintain its dominant position throughout the forecast period.Moreover, the same region is estimated to generate the fastest CAGR of 6.5% from 2020 to 2027. This is attributed toincrease in number of vector borne diseases in Asia-Pacific region. Furthermore, North America region is anticipated to manifest the CAGR of 4.5% from 2020 to 2027.
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Leading Key Players In The Market:
The key players operating in the mosquito repellent industry include S. C. Johnson & Son, Inc., Spectrum Brands Holdings, Inc., Sawyer Products, Inc., Coghlan's Ltd., Dabur International Ltd, Godrej Consumer Products Limited, Himalaya Herbals, Johnson & Johnson Services, Inc., Jyothy Laboratories Ltd., and Reckitt Benckiser Group plc.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current mosquito repellent market trends, estimations, and dynamics of the mosquito repellent market analysis from 2019 to 2027 to identify the prevailing market opportunities.
The key countries in all the major regions are mapped on the basis of the market share.
The mosquito repellent market forecast is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the market segmentation assists to determine the prevailing mosquito repellent market opportunity.
Major countries in each region are mapped according to their revenue contribution to the global industry.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global industry trends, key players, market segments, application areas, and market growth strategies.
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