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Mosquito Repellent Market Size to Hit Around $6.0 BN by 2027

12-15-2022 05:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Mosquito Repellent Market Size to Hit Around $6.0 BN by 2027

Allied Market Research published a report, titled, "Mosquito Repellent Market by Type (Coil, Spray, Cream & Oil, Vaporizer, Mat, and Others) and Distribution Channel (Hypermarket/Supermarket, Independent Stores, Online, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027."According to the report, the global mosquito repellentmarket garnered $4.1 billion in 2020, and is estimated to reach $6.0 billion by 2027, registering a CAGR of 5.6% from 2020 to 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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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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