Global mosquito repellents market is to grow at a CAGR of 5.6% By 2030
2023-08-10
Natural mosquito repellents against mosquitoes include eucalyptus leaf oil, neem oil, and tea tree oil. Synthetic repellents contain insecticides like DEET and picaridin. Since they are powerful enough to kill mosquitoes, synthetic mosquito repellents are thought to be more effective.
The first line of defense against vector-borne illnesses like dengue, malaria, and chikungunya is insect repellent. There are many different types of mosquito repellents, including sprays, vaporizers, creams, lotions, mats, and coils.
The main applications of the repellents are for indoor and outdoor mosquito prevention. Northern climates have warmed as a result of rising global temperatures, expanding mosquito distribution into colder climates. As a result, the demand for mosquito repellents has increased globally.
The demand for mosquito repellents is mainly driven by the rise of mosquito-borne diseases globally. It is the most important driver for the market. The health hazards posed by the use of pesticides and insecticides in mosquito repellents are a key factor in limiting the growth of this market.
The market research conducted by the mosquito repellent market provides a comprehensive analysis of the global market with a focus on future projections. The study is segmented into various sections, each examining the events and factors that are likely to have a significant impact in the upcoming years.
Furthermore, the report includes Porter's Five Forces analysis, which evaluates the competitive forces within the mosquito repellent market, including the bargaining power of customers and suppliers, the threat of new entrants, the threat of substitutes, and the level of competition among existing competitors.
Additionally, the report provides insights into the market dynamics, including market drivers, challenges, and opportunities.
The global mosquito repellents market size was worth USD million in 2022 and is estimated to reach USD million by 2030, growing at a CAGR of 5.6% during the forecast period (2023-2030). A mosquito repellent is a formulation applied to skin, clothing, and other surfaces to stave off mosquitos.
Consumers must use insect repellents due to the rise in insect-borne illnesses like malaria and dengue fever. Diseases transmitted by mosquitoes are spreading globally. In semi-urban and rural areas, dengue and malaria cases and fatalities are at unacceptable levels.
Product demand changes consumer tastes. Consumer lifestyle shifts toward brands and luxury goods have changed the home care industry's competitive landscape. Consumers now prioritize quality products. This allows brand owners to develop new products.
Nowadays, consumption patterns change. Online shopping for non-essential and essential items saves time and offers a wide selection, so higher-income and younger consumers are doing it. Thus, the global mosquito repellent market should grow.
The major companies active in the market adopt several growth strategies such as new product launches, mergers and regional expansion, and joint ventures and collaborations, contributing to global growth in the industry.
To better understand the global mosquito repellent market, its opportunities, and challenges, we invite you to request a sample report from DataM Intelligence. This comprehensive report will provide valuable insights into the market dynamics, helping business decision-makers, investors, CXOs, and R&D professionals make informed decisions in this rapidly evolving industry
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