It is well-known that the use of insect repellents can help prevent and control outbreaks of insect-borne diseases. Growing consumer awareness regarding insect-borne diseases is driving the growth of the insect repellent market globally. Market Research Hub (MRH) has publicized a new study titled, “Insect Repellent Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” to its massive repository, which provides a professional & in-depth study on the current state of the insect repellent worldwide. To analyze market future growth prospects, the study offers extensive nine-year forecast analysis, which is 2018 to 2026. An in-depth and unbiased market assessment has been made to offer readers accurate analysis. The report emphasizes all the major trends and services playing a key role in insect repellent market expansion during the mentioned forecast.
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In the present time, people are taking more precaution about their health and are becoming aware of the use of protective aids to prevent insect bites that may cause harm to the body, especially during outdoor recreational activities. In outdoor activities, need protective aids such as insect repellent sprays/aerosol, oil & creams, coil, mat, and liquid vaporizers to remain safe from insect bites. Apart from that, the yearly rise in insect-borne diseases aids insect repellent manufacturers to produce personal care products which in turn is expected to drive the usage of insect repellent product. Considering these facts, the research finds that the global insect repellent market is expected to reach US$ 7 Bn by 2026, expanding at a CAGR of 6.5% from 2018 to 2026.
Segmental Overview
As the report moves ahead, the study offers segmental analysis of the insect repellent market on the basis of product type, ingredient, distribution channel, and geography. The geographical segregation of the study highlights market growth factors in some prime regions, such as North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America; which are analyzed in terms of value and volume shipments in the insect repellent industry. By ingredient, the study includes natural and synthetic ingredient. By distribution channel, it includes online and offline channels.
In terms of geography, the research finds that Asia Pacific region is expected to account for the highest market share in both value and volume terms. Factors such as high levels of urbanization, favorable climate, and lack of awareness about basic sanitation in the Asia Pacific region plays a major role in insect breeding.
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Competitive Tracking
As the report concludes, the profiles of major players in the insect repellent market are targeted. They are Avon Products Inc, Coghlan’s Ltd., Jyothi Laboratories, ExOfficio LLC, E.I. DuPont de Nemours and Company, Enesis Group, Reckitt Benckiser Group PLC, Godrej Consumer Products Ltd, SC Johnson & Sons Inc., Dabur International, Homs LLC, PIC Corporation, Quantum Health, Spectrum Brands Holdings Inc., and 3M.
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