Mosquito Repellent Global Market Registering a CAGR of 7.7 % During the Forecast Period 2016 - 2022

Research Beam added report on“World Mosquito Repellent Market Overview, Analysis, Demand, Report, Trends, Growth and Research – Mosquito Repellent Market by Product Type (Spray, Coil, Cream & Oil, Mat, Vaporizer, Other products) and Channels of Distribution (Large retail stores, Small retail stores, Specialty stores, Online) - Global Opportunity Analysis and Industry Forecast, 2015 - 2022”

Research Beam study says Mosquito Repellent Market is expected to garner $4.8 billion by 2022, registering a CAGR of 7.7 % during the forecast period 2016 - 2022, Request Sample Copy @ http://www.researchbeam.com/mosquito-repellent-market/request-sample

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.

Popularly used chemical ingredients in the preparation of mosquito repellents include diethyl carbonate, ethyl hexane diol, N-diethyl-3-methylbenzamide (DEET), and diethyl phthalate. Moreover, natural substances such as Lemon Eucalyptus Oil, Lavender, Cinnamon Oil, Soybean Oil and others are used in herbal repellents. Adoption of such natural ingredients based mosquito repellents is increasing to avoid problems such as skin rashes, allergies and others.

The world mosquito repellent market is expected to register notable growth in the near future attributed to rise in incidence of mosquito-borne diseases and global warming, which facilitates breeding of mosquitoes. Other factors that drive the market are rising health awareness, government initiatives for mosquito control, and affordable cost of repellents. However, presence of toxic chemicals, such as DEET, in various mosquito repellent products causes ill effects on health, which is likely to restrain the growth of this market. Huge opportunities prevail for the world mosquito repellent market owed to rising demand for plant based repellents and increasing penetration in untapped markets of rural regions.

Segment Overview:
The world mosquito repellent market has been segmented on the basis of product type, distribution channel, and geography. On the basis of product type, the market is categorized into spray, coil, cream & oil, mat, vaporizer and other products. The coil segment dominates the global market in terms of revenue owing to their extensive use by the middle and lower income groups across various developing and rural regions of the world. Cream & oil is emerging as the largest segment due to their increasing availability with herbal ingredients. According to the channels of distribution, the market is classified into large retail stores, small retail stores, specialty stores and online distribution channel. Large retail stores dominates the market, while online distribution channel is expected to witness lucrative growth over the forecast period due to increasing internet penetration in developing regions. Geographic breakdown of the market includes 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). Asia-Pacific dominates the market due to high demand in China and India. LAMEA expects to witness the highest growth during the forecast period owed to outbreak of Zika virus in the major countries.

TOP FACTORS IMPACTING WORLD MOSQUITO REPELLENT MARKET

Rising mosquito borne diseases
In the recent years the demand for mosquito repellents has been amplified due to rising incidences of mosquito borne diseases, such as zika virus, malaria, dengue, west nile fever and others. Various countries of Europe, Asia and North America witnessed outburst of various diseases such as Malaria, Zika Dengue chikungunya. The recent outbreak of zika virus caused by bite of Aedes mosquito, spread across Caribbean regions of North America and South Africa. The impact of mosquito borne diseases is expected to increase in upcoming years owing to increasing population of mosquitoes and transmission of virus from pregnant ladies to their children.

Increasing awareness
Various key market players coupled with NGOs and local governments have participated into improving the level of awareness amongst people residing in urban and rural areas against various mosquito borne diseases. The impact of rising awareness would foster the demand of world mosquito repellent market owing to increased penetration levels.

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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