The global insect repellent market is experiencing significant growth, driven by a rising concern for vector-borne diseases like malaria, dengue, and Zika. This market is projected to reach a substantial USD 9.33 billion by 2032, driven by a steady CAGR of 6.8% during the forecast period.
Market Overview:
The insect repellent market encompasses a diverse range of products, including:
- Sprays and Aerosols: The most common form, offering convenient application and varying levels of protection.
- Lotions and Creams: Providing longer-lasting protection, ideal for extended outdoor activities.
- Wipes: Convenient for on-the-go application and easy disposal.
- Coils and Mats: Used for indoor and outdoor protection, releasing repellent fumes.
- Wristbands and Patches: Offering discreet and long-lasting protection.
Some of the major players operating in the global market include:
- Reckitt Benckiser Group PLC
- Godrej Consumer Products Ltd
- Dabur India Limited
- Coghlan’s Ltd.
- S.C. Johnson & Sons Inc
- Johnson & Johnson
- Spectrum Brands, Inc.
- Sawyer Products
- Henkel AG & Co. KGaA
- Jyothy Laboratories Ltd.
Drivers of Market Growth
Several key factors are contributing to the expansion of this market:
- Growing Prevalence of Vector-Borne Diseases: The increasing prevalence of mosquito-borne diseases like dengue, Zika, and malaria is a major driver, as people seek effective protection against insect bites.
- Climate Change: Changing climate patterns are expanding the geographical range of disease-carrying insects, increasing the need for effective insect repellents.
- Outdoor Recreation: The growing popularity of outdoor activities, such as camping, hiking, and travel, increases exposure to insects and the demand for effective repellents.
- Technological Advancements: Ongoing research and development are leading to the development of more effective and longer-lasting insect repellent formulations.
Market Trends
Several key trends are shaping the insect repellent market:
- Focus on Natural and Organic Products: Consumers are increasingly seeking natural and organic insect repellents with minimal side effects.
- Development of Long-Lasting Formulations: The demand for longer-lasting protection is driving the development of new formulations and delivery methods.
- Integration with Wearable Technology: The integration of insect repellent technology into wearable devices, such as clothing and accessories, is emerging as a new area of innovation.
- Emphasis on Sustainability: The focus on sustainability is driving the development of eco-friendly and biodegradable insect repellents.
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/insect-repellent-market
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
Insect Repellant Market, Insect Type Outlook (Revenue – USD Billion, 2019-2032)
- Mosquito Repellent
- Bugs Repellent
- Fly Repellent
- Others
Insect Repellant Market, Product Type Outlook (Revenue – USD Billion, 2019-2032)
- Vaporizers
- Spray
- Cream
- Others
The research report categorizes the market into various segments and sub-segments. The primary segments covered in the study include type, application, end use and region. The splitting of the market into various groups enables businesses to understand market preferences and trends better. Also, stakeholders can develop products/services that align with the diverse needs of consumers in the industry. Besides, the research study includes a thorough examination of all the major sub-segments in the market.
Recent Developments
Recent developments in the insect repellent market underscore the dynamic nature of this space:
- Henkel Korea’s “Zero Mosquito” Campaign: This initiative highlights the growing awareness of the dangers of mosquito-borne diseases and the importance of effective insect repellent use.
- Spectrum Brands’ Scented Aerosols: The introduction of these new aerosols demonstrates the focus on improving consumer experience by addressing concerns about unpleasant odors.
- Reckitt Benckiser’s Mortein Smart+: The launch of this advanced liquid vaporizer showcases the ongoing innovation in product development to enhance effectiveness and user experience.
Table of Contents:
- Global Insect Repellant Market Insights
4.1. Insect Repellant Market – Industry Snapshot
4.2. Insect Repellant Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Technological Advancements
4.2.1.2. The increasing awareness of diseases transmitted by insects
4.2.2. Restraints and Challenges
4.2.2.1. Regulatory Restrictions
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Insect Repellant Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Insect Repellant Market, by Insect Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Insect Repellant, by Insect Type, 2019-2032 (USD Billion)
5.3. Mosquito Repellent
5.3.1. Global Insect Repellant Market, by Mosquito Repellent, by Region, 2019-2032 (USD Billion)
5.4. Bugs Repellent
5.4.1. Global Insect Repellant Market, by Bugs Repellent, by Region, 2019-2032 (USD Billion)
5.5. Fly Repellent
5.5.1. Global Insect Repellant Market, by Fly Repellent, by Region, 2019-2032 (USD Billion)
5.6. Others
5.6.1. Global Insect Repellant Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Insect Repellant Market, by Product Type
6.1. Key Findings
6.2. Introduction
6.2.1. Global Insect Repellant Market, by Product Type, 2019-2032 (USD Billion)
6.3. Vaporizers
6.3.1. Global Insect Repellant Market, by Vaporizers, by Region, 2019-2032 (USD Billion)
6.4. Spray
6.4.1. Global Insect Repellant Market, by Spray, by Region, 2019-2032 (USD Billion)
6.5. Cream
6.5.1. Global Insect Repellant Market, by Cream, by Region, 2019-2032 (USD Billion)
6.6. Others
6.6.1. Global Insect Repellant Market, by Others, by Region, 2019-2032 (USD Billion)
Conclusion:
The insect repellent market is poised for continued growth, driven by a combination of public health concerns, changing consumer preferences, and technological advancements. By adapting to these trends and developing innovative and effective solutions, manufacturers can capitalize on the significant opportunities within this dynamic market.
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