Press release
Body Worn Insect Repellent Market is Expected to be Worth US$ 975 Million by 2032
The global body worn insect repellent market is valued at $464 million in 2022 and is expected to reach $975 million by 2032, with demand expected to rise at a 7.7% CAGR through 2032.The top five body worn insect repellent producers in the world held more than 31% of the market in 2021.According to a study analysis issued by Fact.MR, a market research and competitive intelligence company, the value of the body worn insect repellent market expanded at a 7.2% CAGR between 2016 and 2021. During this time, Tanzania, Malaysia, Indonesia, India, and Brazil held a sizable share of the global market.
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Concerns about the spread of hazardous diseases by insects are projected to drive growth prospects for body worn insect repellent manufacturers in the next years. Furthermore, consumers are becoming more likely to employ these repellents as a result of respiratory difficulties created by liquid machines and coil vapor.
Many people have developed allergies to the smell of coil vapors, which has benefited the repellent market. These repellent products are also typically thought to be more effective than other options on the market.
Recent Development:
o Insect Shield, LLC, in 2019, began online illness education with rising Lyme/Zika health hazards. The company has established new protection programs and expanded its brand partners across the world.
o Sawyer Items, Inc., in 2019, conducted an advertisement of its products on MENARDS, Dick's Sporting Goods, Walmart, and Amazon, among other offline and online retailers. In addition, the company is also concentrating on promoting its products through its own distribution channels.
Competitive Landscape:
The team involved in Fact.MR's research operations keeps track of the most recent advances in the field of body worn insect repellents. C. Johnson & Son, Inc., Godrej Group, Insect Shield, LLC, Reckitt Benckiser Holdings, Inc., Spectrum Brands Holdings, Inc., and Tender Corporation are among the important firms addressed in the research.
Furthermore, the research paper discusses significant organizations that have focused on expansion, acquisitions, delivery focus, investment, portfolio expansion, unique product launching, and brand development.
Key Players:
o C. Johnson & Son, Inc.
o Godrej Group
o Insect Shield, LLC
o Reckitt Benckiser Holdings, Inc.
o Spectrum Brands Holdings, Inc.
o Tender Corporation
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Regional Analysis:
At the start of this decade, around 2.1 million dengue cases were reported in Brazil. During the same time period, the country saw an increase in the number of zika virus and chikungunya cases. There is a noteworthy increase in these occurrences in the country on a yearly basis.
The country's climatic circumstances are likely to play a significant role in increasing incidence of vector-borne diseases such as zika, chikungunya, and others. These increased incidences are expected to raise demand for these repellents in the Brazilian market.
Mexico is growing at a comparable rate as Brazil, with an increasing number of cases of vector-borne diseases reported each year. Furthermore, firms serving local markets are forming alliances with local educational institutions to raise knowledge of these insect repellents. These companies are also implementing creative tactics to increase their global footprints.
From 2016 to 2021, the Indian market grew at a CAGR of 6.2%. Since 2000, the number of insect-borne diseases in the country has decreased noticeably. Furthermore, there has been a decrease in the number of deaths caused by malaria in recent years.
Key Segments of Industry:
• By Product Type :
o Apparel
o Oils & Creams
o By Distribution Channel :
o Online Sales
o Offline Sales
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About Fact.MR
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