Thursday, 1 August 2019

Global Mosquito Repellent Market to Grow at Substantial Rate Through 2024


Rising incidence of mosquito-borne diseases, health awareness, government initiatives for mosquito control and affordable cost of repellents to drive global mosquito repellent market through 2024
According to Tech Sci Research report, Global Mosquito repellent Market By Product Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024, the global mosquito repellent market is anticipated to grow at a CAGR of around 5% during the forecast period on account of increasing cases of mosquito borne diseases such as malaria, dengue, chikungunya, yellow fever, etc., and rising awareness regarding such diseases. Moreover, initiatives taken by the governments of different countries, such as programs pertaining to personal health and mosquito control is further likely to fuel the demand for mosquito repellents during forecast period.

Browse  market data Tables and  Figures spread through  Pages and an in-depth TOC on
" Global Mosquito Repellent Dietary Fibre Market"
Global mosquito repellent market can be segmented based on product type, distribution channel and region. Based on product type, the mosquito repellent market can be segmented into coils, vaporizers, mats, sprays, creams and other mosquito repellents. Among them, coil segment dominated the market in 2018 and is expected to maintain its dominance during forecast period as well owing to its extensive use by the lower- and middle-class income groups as it is cheaper. Cream segment is anticipated to witness the highest growth in the upcoming years as creams use herbal ingredients and consumers have more inclination towards herbal based products.
On the basis of region, mosquito repellent market can be segmented based on regions including North America, South America, Europe, Asia-Pacific and Middle East & Africa. Among these regions, Asia-Pacific dominates the market due to high demand for repellents in economies like India and China, among others on account of increasing number of malaria and dengue cases in the region. Middle East & Africa is expected to witness the highest growth until 2024 owing to outburst of Zika virus in the region.
Godrej Consumer Product Ltd., SC Johnson & Son Inc, Spectrum Brands Holdings Inc., Reckitt Benckiser Group plc, Enesis Group, Jyothy Laboratories Limited, Coghlan’s Ltd., PIC Corporation, Vitromed Healthcare, Quantum Health, etc., are some of the leading players operating in global mosquito repellent market. The companies operating in the market are using organic strategies such as introduction of innovative mosquito repellents to boost their share and expand their presence in the market.
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“The global mosquito repellent market is anticipated to witness growth over the next five years due to increasing mosquito-borne diseases, rise in the demand for herb-based repellents and lucrative product marketing strategies of the key players. For instance, Godrej Consumer Product Ltd. has introduced a mosquito repellent agarbatti which is made from neem and turmeric. Such product innovations are anticipated to steer growth in the market during forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Global Mosquito repellent Market By Product Type, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of global mosquito repellent market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global mosquito repellent market.

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