Mosquito Repellents Market to Cross US$ 8 billion in Revenues by 2030 | According to PMR

Mosquito Repellents Market

The global Mosquito Repellents market is projected to reach USD 8 billion by 2030 due to increasing consumer awareness about the health risks posed by Mosquitos and rising usage of Mosquito Repellents as preventive measures against such risks.

The Mosquito Repellents Market is expected to grow significantly in the coming years. Mosquitos are pesky insects that can cause a range of illnesses, including malaria and dengue fever, among others. As a result, Mosquito Repellents have become an important tool for protecting against these diseases by discouraging Mosquitos from entering an area or person's home.

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Some of the major factors driving this growth include improved product offerings in terms of formulas and technology, government initiatives to reduce Mosquito borne illnesses, an increase in Mosquito-related diseases and rising awareness about Mosquito Repellents. Furthermore, advances in Mosquito Repellent technologies have improved efficacy and safety of the products.

Mosquito Repellent Market Segmented By Coil, Cream, Mat, Spray/Aerosols, Vaporizer Oil Product by Synthetic Mosquito Repellent, Bio-based Mosquito Repellent Source

Global sales of mosquito repellents is expected to generate a valuation of US$ 4 Billion, in 2022 and the global volume sales (in million units) is studied to increase 1.8x, standing at 54,406 Mn units, during the same period. The overall market for mosquito repellents is expected to expand a robust CAGR of 8 percent, in terms of value, through 2018-2026, considering:

• Governments of various regions in South East Asia, Sub-Saharan Africa and Latin America are making substantial investments in several vector-control strategies to bring down reported incidences of malaria.
• Manufacturers are focusing on developing effective and environment-friendly mosquito repelling products, aimed at preventing vector-borne diseases.
• Increased investments in research and development initiatives to discover natural materials for developing cost-effective advanced products, in addition to mosquito repellent products catering to indoor and outdoor demand.
• Stringency in regulation set by authorities such as European Environmental Agency, European Medicines Agency, and Environmental Protection Agency (EPA) to ensure consumer safety, will drive the demand for natural mosquito repellents having lesser concentration of active ingredients.

Key Players- 

• Godrej Group
• S.C. Johnson and Sons
• Dabur India Ltd.
• Jyothy Laboratories Limited
• Reckitt Benckiser Group plc.
• BASF SE
• SPECTRUM BRANDS, INC.
• 3M Company
• Global Consumer Products Private Limited
• Herbal Strategi
• Others.

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The Mosquito Repellents market is segmented on the basis of product type, distribution channel and geography.

Based on product type, the market can be further divided into sprays, coils/incense sticks, vaporizers and mats/patches. The spray form is expected to dominate the Mosquito Repellents segments due to its ease of use and availability across regions.

By distribution channel, the Mosquito Repellents market can be categorized as supermarkets/hypermarkets, drug stores and others.

The Mosquito Repellents market is also analyzed based on geographic presence, with the major regions being North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). Of these regions, the Mosquito Repellents market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period due to increasing consumer awareness about Mosquito-borne diseases. Moreover, government initiatives in this area have led to increased sales of Mosquito Repellent products.

Overall, it is clear that Mosquito Repellents are becoming increasingly important for protecting against Mosquito-borne illnesses and as a result, the Mosquito Repellents market is expected to grow significantly in the coming years. Companies offering Mosquito Repellent products should focus on developing innovative product offerings and tap into untapped markets for further growth. Additionally, Mosquito Repellent manufacturers should also make use of digital marketing platforms to reach out to more customers and increase sales.

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Key Questions Answered in This Report.

• What are the Roadblocks for Mosquito Repellents Suppliers?
• What are the Key Opportunities for Mosquito Repellents Manufacturers?
• How is Focus on Safety Influencing Mosquito Repellents Demand?
• What is the Regulatory Impact on Global Sales of Mosquito Repellents?
• Which Region Offers the Largest Opportunity for Sales of Mosquito Repellents?
• Where Does the U.S. Stand in the Market for Mosquito Repellents?
• What Is the Outlook for Mosquito Repellents Manufacturers in China?
• Why is Germany a Lucrative Market for Mosquito Repellents Manufacturers?
• Why Will Belgium Outpace Other European Markets for Mosquito Repellents?
• Why is There High Demand for Tires in Mosquito Repellents?
• Why are Sales of Mosquito Repellents Surging?

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This release was published on openPR.