Transparency Market Research delivers key insights on the global mosquito repellent market. In terms of revenue, the global mosquito repellent market is estimated to expand at a CAGR of 6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global mosquito repellent market.
Mosquito repellent companies are expanding their product lines to meet the increasing demand for mosquito repellent products. Moreover, strong product innovation among mosquito repellent companies with newer features in herbal & organic products is expected to boost the market during the forecast period. In addition, mosquito repellent companies are adopting latest technologies to provide extra benefits and more comfort to clients, and also to boost their own efficiencies. All these factors are expected to have a positive impact on the global mosquito repellent market during the forecast period.
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Mosquito Repellent Market: Key Segments
In terms of product, the sprays/aerosols is expected to dominate the mosquito repellent market during the forecast period. In terms of growth rate, the cream & oil product segment is expected to expand at a faster rate during the forecast period. Hygiene concerns across the world are expected to drive the demand for mosquito repellent products during the forecast period. Hygiene is a huge area of concern for customers, and herbal products are more effective and less harmful as compared to synthetic ones.
In terms of ingredients, lemon eucalyptus and DEET segments are anticipated to hold major share and maintain their share during the forecast period. With the increasing incidence of insect-borne diseases, especially in tropical and subtropical climates, the bog myrtle segment is expected to improve in the upcoming years. In terms of growth rate, the citronella oil segment is expected to expand at the fastest rate during the forecast period. Plant-based repellents have been used for generations in traditional practice as a personal protection approach against different species of Anopheles mosquitoes, and thus, the market for natural ingredients is expected to grow in the near future.
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In terms of end user, the humans segment accounted for major revenue share of the global mosquito repellent market and is expected to expand at the fastest rate during the forecast period.
Based on distribution channel, the online segment held major revenue share of the global mosquito repellent market. The eCommerce segment is expected to expand at the fastest rate as compared to other mosquito repellent segments during the forecast period.
Mosquito Repellent Market: Prominent Regions
Based on region, the global mosquito repellent market can be categorized into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific accounted for dominant share of the global mosquito repellent market in 2020 and is expected to remain dominant during the forecast period. The surge in outdoor recreational activities is one of the most important drivers of the Asian economy. This factor is expected to have a positive impact on the Asia Pacific mosquito repellent market during the forecast period.
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Asia Pacific is anticipated to register the highest CAGR in the future in the global mosquito repellent market. Key players operating in the mosquito repellent market in the region are adopting new technologies to provide quality products to their customers. Increasing promotional activities are also projected to have a positive impact on the market in the region.
Mosquito Repellent Market: Key Players
Key players operating in the global mosquito repellent market are 3M, Coghlan’s Ltd., ExOfficio LLC., Godrej Consumer Products Ltd. (GCPL), Homs LLC., New Avon LLC., PIC Corporation, Reckitt Benckiser Group Plc, S.C. Johnson & Son, Inc., and Spectrum Brands Holdings Inc. among others.
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Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers Market Analysis Reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
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