Mosquito Repellents Market Surges to USD 9.0 Billion by 2030, Propelled by 5.6% CAGR - Verified Market Reports®
PR Newswire
LEWES, Del., Sept. 10, 2024
The global Mosquito Repellents Market is primarily driven by increasing awareness of mosquito-borne diseases, such as malaria, dengue, and Zika virus, which has heightened the demand for effective preventative measures. Additionally, rising global temperatures and urbanization have expanded mosquito habitats, further propelling market growth. Conversely, the market faces restraints including the growing preference for natural and organic repellents, which can limit the appeal of chemical-based products. Moreover, regulatory challenges and concerns over the safety and potential side effects of certain repellents may also hinder market expansion.
LEWES, Del., Sept. 10, 2024 /PRNewswire/ -- The Global Mosquito Repellents Market is projected to grow at a CAGR of 5.6% from 2024 to 2030, according to a new report published by Verified Market Reports®. The report reveals that the market was valued at USD 6.9 Billion in 2023 and is expected to reach USD 9.0 Billion by the end of the forecast period.
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Browse in-depth TOC on Mosquito Repellents Market
202 - Pages
126 – Tables
37 – Figures
Scope of The Report
REPORT ATTRIBUTES | DETAILS |
STUDY PERIOD | 2021-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2021-2022 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | SC Johnson, Spectrum Brands, Reckitt Benckiser, 3M, Zhongshan LANJU, Godrej Household, Avon, Tender Corporation |
SEGMENTS COVERED | By Type, By Application, By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Global Mosquito Repellents Market Overview
Rising Health Concerns and Disease Prevention
As global health awareness grows, so does the focus on preventing mosquito-borne diseases such as malaria, dengue fever, and Zika virus. Increased incidence of these illnesses has heightened the demand for effective mosquito repellents, particularly in regions where these diseases are endemic. Governments and health organizations are also intensifying efforts to combat these diseases, further driving the market for repellents. The growing concern for personal health and the desire to avoid disease transmission are significant factors fueling market growth. Consumers are increasingly turning to mosquito repellents as a preventative measure, boosting demand for various products in the market.
Innovations in Repellent Technologies
The mosquito repellent market is experiencing significant growth due to advancements in repellent technologies. Companies are investing in research and development to create more effective, long-lasting, and environmentally friendly products. Innovations such as the use of natural and organic ingredients, slow-release formulations, and high-efficiency mosquito traps are appealing to health-conscious consumers. These technological advancements not only enhance the efficacy of repellents but also cater to the growing demand for eco-friendly and safe alternatives. The continuous evolution of repellent technology is a major driver for market expansion.
Growing Outdoor Activities and Tourism
The increasing popularity of outdoor activities and travel is another key factor driving the growth of the mosquito repellents market. As more people engage in activities such as camping, hiking, and international travel, the need for effective mosquito protection becomes more prominent. Outdoor enthusiasts and tourists are seeking reliable repellents to prevent discomfort and potential health risks associated with mosquito bites. This rising trend in outdoor leisure and travel activities is contributing to a surge in demand for mosquito repellents, thereby fueling market growth. The market is expanding to meet the needs of a more active and travel-oriented population.
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Concerns Over Chemical Ingredients
A significant restraint on the mosquito repellents market is the growing concern over the safety and environmental impact of chemical ingredients used in many products. Some common repellents contain chemicals like DEET, which have been scrutinized for potential health risks when used frequently. Consumers and regulatory bodies are increasingly demanding products with safer, natural alternatives, which can limit the market for traditional chemical-based repellents. This shift in consumer preferences towards eco-friendly and non-toxic solutions is challenging companies to reformulate their products and may slow overall market growth. Balancing efficacy with safety remains a key challenge for manufacturers.
High Cost of Advanced Repellent Technologies
The development and production of advanced mosquito repellent technologies can be expensive, posing a restraint to market expansion. Innovations such as long-lasting formulations and high-efficiency mosquito traps often involve higher costs due to the research, development, and manufacturing processes required. These higher costs can result in elevated retail prices, potentially limiting the affordability and accessibility of these products to a broader consumer base. The cost barrier may particularly affect price-sensitive markets and hinder the widespread adoption of newer, advanced repellent solutions.
Market Saturation and Competition
The mosquito repellents market is becoming increasingly saturated with a wide variety of products, ranging from chemical-based to natural and organic options. This saturation leads to intense competition among manufacturers, which can impact profit margins and market share. With numerous brands and products available, distinguishing oneself in the market requires significant marketing efforts and innovation. The high level of competition may result in price wars and reduced profitability for companies, which can restrict their ability to invest in new product development and market expansion. The crowded marketplace is a challenge for both new entrants and established players alike.
Geographic Dominance
The mosquito repellents market demonstrates significant geographic dominance, with notable strongholds in North America, Europe, Africa, and Asia. In North America and Europe, the market is driven by high consumer awareness and increasing demand for personal protection against mosquito-borne diseases. Meanwhile, Africa's market is growing due to the high prevalence of mosquito-related illnesses and a rising focus on public health interventions. Asia, with its vast population and diverse climates conducive to mosquito breeding, also shows considerable market strength, reflecting both high consumption rates and a growing emphasis on mosquito control. This geographic diversity underscores the global importance of mosquito repellents and highlights the varying factors influencing market dynamics across different regions.
Mosquito Repellents Market Key Players Shaping the Future
Major players, including SC Johnson, Spectrum Brands, Reckitt Benckiser, 3M, Zhongshan LANJU, Godrej Household, Avon, Tender Corporation and more, play a pivotal role in shaping the future of the Mosquito Repellents Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry's key players.
Mosquito Repellents Market Segment Analysis
Based on the research, Verified Market Reports® has segmented the global Mosquito Repellents Market into Type, Application and Geography.
To get market data, market insights, and a comprehensive analysis of the Global Mosquito Repellents Market, please Contact Verified Market Reports®.
- Mosquito Repellents Market, By Type
- Coils
- Vaporizer
- Mats
- Aerosols
- Creams
- Mosquito Repellents Market, By Application
- General Population
- Special Population
- Mosquito Repellents Market, By Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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