Insect repellent is a type of chemical substance which is applied on cloths, skin, or other surfaces, which discourages insects from climbing or landing on that surface. Insect repellents help to prevent and control the outbreak of insect-borne diseases include dengue, malaria, Lyme disease, bubonic plague, river blindness, and many more. Insect repellents are used in several ways to repel insects from restaurant, homes and individuals. The agriculture sector uses insect repellents to prevent insects from ruining the crops. Food and beverage industries also use a varieties of insect repellents. As rising the awareness about the benefits of insect and consumers have becomes extremely health conscious these days, witness the significant growth of the insect repellent over the forecast period. The uncertain situation due to the coronavirus may affect the trend of the global all-terrain crane market in the next few years. The global insect repellent market is expected to register steady growth during the forecast period, 2022-2030.
Impact of Covid-19 pandemic on market
COVID-19 crisis impacted manufacturers involved in various industries and obstructed the entire supply chain, from raw materials to end product delivery. Moreover, government and policymakers are mostly engaged in handling and controlling the medical crisis to meet a healthy and safe environment for the nation's population. The lack of understanding to manage economic risks and the business sector is expected to put the economic and industrial growth towards vulnerability. However, the demand for insect repellents has gone up due to COVID-19 as the fact that some studies have found that coronavirus is killed by the insect repellents. As the insect repellents are available in many forms worldwide, people use it more and frequently. The report will include the impact of COVID-19 on the target market in detail.
Market Dynamics: Global Insect Repellent Market
Growing awareness regarding the benefits of insect repellents in rural areas, as seems that the traditional methods of preventing themselves from insects have been replaced with the insect repellents available in the market helps to drive the global insect repellent market over the forecast period.
However, presence of toxic chemicals in various mosquito repellent products such as DEET, causes ill effects on human health, which might be hamper the growth of the global repellent market over the forecast period.
The market player has an opportunity to invest in global mosquito repellent market owing the rise in demand for the plant-based repellents and increasing the penetration in the rural region.
Market Segmentation: Global Insect Repellent Market
The global insect repellent market is segmented based on product type, insect type and regions.
The global insect repellent market is segmented based on the product type as spray, lotion & cream, Liquid Vaporizer, and others. Liquid vaporizer segment is estimated to retain its dominance the global insect repellent market over the forecast period. The vaporizer has wide range of applications and made it popular among consumers.
Based on the insect type, the global insect repellent market is segmented into fly repellent, bugs, mosquito and others. Among the segmented insect type, the mosquito segment holds the largest market share owing to rise in incidence of mosquito-borne diseases and global warming which facilitates breeding of mosquitoes. The bug segment is expected to grow with highest CAGR as increasing the number of bed bugs and cockroaches. Also it seems that the numbers of bed bugs has increased drastically at an average of 50% every year. Rising the numbers of cockroaches in restaurant and household kitchen is likely to drive the bugs segment over the forecast period.
Regional Overview: Global Insect Repellent Market
In the region, the global Insect Repellent market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific's Insect Repellent market is projected to endure its dominance owing to rising awareness regarding the benefits of insect repellents among the people of this region. In addition, increasing number of insect borne diseases in emerging nations such as Indonesia, India, and Philippines fuel the growth of the global insect repellent market in this region.
North America has the biggest economy in the world, the US of America has biggest players involved in the repellent manufacturing. The government and people of the country are well aware of borne diseases and they protect themselves by using several types of insect repellents.
Competitive Landscape: Global Insect Repellent Market
The key players operating in the global Insect Repellent market include Avon Products Inc., Coghlans Ltd.Dabur India Limited, Entomol Products, LLC., Enesis group, ExOfficio LLC, Godrej Consumer Products Ltd, Homs LLC, Jyothy Labs Ltd., PIC Corporation, Quantum Health, Reckitt Benckiser Group PLC, Spectrum Brands Holdings Inc, S.C. Johnson & Son, Inc and other players.
Investment in new product categories with a differentiated pricing strategy enables the manufactures to lure new customers and gain prominent market share in the various product category. Moreover, the industrial giants are building a strong distribution network to penetrate the potential market.
Detailed Segmentation: Global Insect Repellent Market
The base year for estimation
2022 – 2030
Revenue in USD Million & CAGR from 2022 – 2030
By Product type – Spray, Lotion & Cream, Liquid Vaporizer and Others
By Insect type – Fly Repellent, Bugs, Mosquito, and Others
North America - U.S., Canada
Europe - Germany, UK, Spain, France, Italy, Russia, Rest of Europe
Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific
Latin America - Brazil, Mexico, Argentina, Rest of Latin America
Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2021 to 2028. For the purpose of this study, analyst has segmented the global Insect Repellent market report based on the product type, insect type and region.