Insect Repellent Market Set To Attain $ 9,615.7 Million Worldwide By 2026 – LionLowdown

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Awareness of insect-borne diseases is increasing significantly, which is increasing the demand for insect repellants. In addition, the increasing global temperature offers favorable conditions for breeding various insects such as mosquitoes and thus leads to increased penetration of insect repellants on the world market. In addition, the development of natural herbal insect repellants has reduced various side effects of the repellants on human health such as rashes, breathing problems, and other health risks. Currently, consumers in developed regions use sprays, creams, and oils based on neem, citronella oil, birch bark, and other herbal ingredients. The change in consumer preferences towards herbal insect repellants is likely to fuel the growth of the market over the forecast period.

According to a new report from Allied Market Research titled “Insect repellent market By Insect Type and Product Type: Global Opportunity Analysis and Industry Forecast, 2019-2026The global insect repellent market is projected to generate $ 9,615.7 million by 2026 and grow at a CAGR of 6.8% from 2019 to 2026. In 2018, the vaporizer segment led the insect repellent market, followed by the spray segment. Growth in this segment is complemented by increased awareness of insect-borne diseases such as malaria, Zika, Lyme disease, dengue, bubonic plague, river blindness and West Nile fever.

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In recent years, the demand for mosquito repellants has increased due to the increasing incidence of mosquito-borne diseases such as Zika virus, malaria, dengue fever, West Nile fever and others in countries such as Europe, Asia and North America. The effects of mosquito-borne diseases are expected to increase in the coming years due to the increasing mosquito population and the transmission of viruses from pregnant women to their children. Various key market players, in collaboration with NGOs and local governments, have participated in raising the awareness of people living in urban and rural areas of various insect-borne diseases. This is expected to drive the global growth of the insect repellent market. The global temperature of the earth has continued to rise for several years and is expected to continue to rise in the coming years. High temperatures offer the mosquitoes optimal conditions for breeding and increase their activity.

The effects of the rise in global warming would thus have a direct impact on the growth of the mosquito population, ultimately leading to an increase in the penetration of products designed to repel them. The main market players have consistently engaged in the implementation of effective marketing strategies aimed at promoting various mosquito repellants. Companies have regularly participated in spreading awareness among people through various awareness-raising campaigns and the free distribution of samples. Some companies like Godrej targeted mothers to promote their sales for the Good Knight brand and create a sense of fear in their minds relating to their children being infected with mosquito-borne diseases. This has led to increased sales of various products around the world to prevent disease. The effects of these innovative marketing strategies are expected to continue to drive demand for mosquito repellants in the future.

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The global Insect Repellent Market is segmented into mosquitos, insects, fly repellants, and others based on insect type. The mosquito segment dominated the market with the largest share in 2018 and is expected to show significant growth in the forecast period for the insect repellent market. The increase in the incidence of mosquito-borne diseases and global warming facilitating the breeding of mosquitoes are the main factors expected to drive the market over the forecast period. Other factors driving the market are increased health awareness, government initiatives to control mosquitoes, and affordable repellant costs. However, the presence of toxic chemicals such as DEET in various mosquito repellent products creates adverse health effects that are likely to stifle the growth of this market. Due to the increasing demand for herbal repellants and the increasing penetration of untapped markets in rural regions, there are enormous opportunities for the global market for personal repellants.

Key Findings of the Insect Repellent Market:

  • In terms of insect type, the mosquito segment was the largest contributor to global insect repellent market demand in 2018 and is expected to grow at a CAGR of 6.3%.
  • Based on the product type, the Vaporizer Insect Repellent market size is expected to grow from 2019 to 2026 with the highest CAGR of 7.0%.
  • Based on the region, the Asia-Pacific Insect Repellent market size is projected to grow by 8.8% from 2019 to 2026.
  • China had the largest insect repellent market share in 2018 at 42.4% and is expected to grow at an annual growth rate of 8.6% from 2019 to 2026.
  • Based on product type, the spray segment is expected to grow at a CAGR of 7.5% from 2019 to 2026.

In terms of value, Asia Pacific and LAMEA combined contributed 59.5% of the global insect repellent market in 2018. Key insect repellant industry players featured in this report include Reckitt Benckiser Group, Godrej Company, Dabur International, Johnson and Johnson, Spectrum Brands, Jyothi Labs, Swayer Ltd., Himalaya Herbals, Enesis Group and Quantum Health.

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