The increased incidence of mosquitos is motivating the mosquito repellant market. Reports that review the consumer and retail industry have been offered by Market Research Future, which generates reports on industry verticals that evaluate the market development and opportunities. The optimistic CAGR is likely to motivate the market in the forecast period.
The increased production of chemical-based mosquito repellents is expected to boost the market share in the coming years. The upsurge in the occurrence of mosquito-borne diseases is a key driver for demand in the mosquito repellents market. Also, the demand for natural mosquito repellents is expected to create new avenues for progress in the coming period.
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Segmental Analysis
The segmental scrutiny of the mosquito repellents market has been carried out on the basis of type, distribution channel, form, and region. Based on type, the mosquito repellents market is segmented into spray, coil, vaporizer, patches, oil & cream, and others. On the basis of form the mosquito repellents market is segmented into liquid, aerosols, solids, and others. Based on the distribution channel, the global mosquito repellents market has been segmented into non-store-based and store-based. The regions segmented in the mosquito repellents market are Europe, APAC, North America, and the Rest of the World.
Detailed Regional Analysis
The regional analysis of the mosquito repellents market notes that there is a high demand of mosquito repellents in the humid regions and little civic sense has made the regions of South America and Asia Pacific chief regions in the mosquito repellents market. The growing number of mosquito-borne diseases has given a lift to the market in the past few years. The coil and spray type of the mosquito repellent controls a major share of the business in these regions due to their minimal cost. Though these are mostly chemical based and can be dangerous to be used on a frequent basis. The demand for mosquito repellents in the established markets of the North American and European is one of the specific types such as natural mosquito repellent skin friendly creams and oils. Similarly, the usage of eco-friendly fabric sprays as mosquito repellents are also favored by the elevated disposable income groups of these regions.
Competitive Analysis
The new players in the market are motivated by the presence of conducive factors prevailing in the market. The forces that are having a considerable pull in the market’s development are dynamically changing, leading to the creation of novel opportunities. The stronger influence of buyer purchasing behavior is dictating the expansion of the market to a great extent. The allocation of assets is being done judiciously so as to ensure improved growth opportunities. The pricing of goods in the market is done in a manner that ensures advantages to individuals and competitors. The industry cost make-up is also likely to modify with time. The role of the government in the market is substantially motivating the market. Also, the development of technology also has increased momentum, guiding to improved market growth. The competition in the market is conducive to the overall growth of the market.
Enesis Group (Singapore), Reckitt Benckiser Group PLC (UK), Godrej Consumer Products Limited (India), PIC Corporation (US), Howad Ltd (UK), Sawyer Products, Inc. (US), SC Johnson & Son, Inc. (US), Jyothi Laboratories (India), Coghlan’s Ltd (Canada), Spectrum Brands Holdings Inc. (US), are the notable competitors shaping the market in the forecast period.
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Industry Updates:
Jun 2019 Godrej is targeting at achieving a significant portion of the Rs 600 crore mosquito repellent agarbatti market in the subsequent few years. The company is counting on establishing its incidence in the mosquito repellent agarbatti market, presently governed by the unorganized sector, through its recently launched products made from turmeric and neem.
Jun 2019 Global BioLife Inc has autonomously researched a new mosquito repellent formula which works well against mosquitos for six to eight hours. The previous analysis of the 3F Mosquito Fragrance which is made up of specialized oils is obtained from botanicals that mosquitoes evade, was promising and the original mosquito repellent formula has such specialized oils as its active ingredient in variable concentrations ranging between 0.25% and 5%.
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