Mosquito Repellent Market Share, Size and Growth Analysis By 2029
According to Fortune Business Insights, The global mosquito repellent market size was valued at USD 6.23 billion in 2021 and is projected to grow from USD 6.51 billion in 2022 to USD 9.30 billion by 2029, exhibiting a CAGR of 5.23% during the forecast period. The rising temperature on the earth due to growing greenhouse gases in the atmosphere has contributed to a rise in the mosquito population. This has elevated the need for products to repel mosquitoes, thus driving market augmentation. This information is provided by Fortune Business Insights™, in its report titled, “Mosquito Repellent Market, 2022-2029.
Information Source:
https://www.fortunebusinessinsights.com/mosquito-repellent-market-104417
Key Players: The market was dominated by several prominent companies, including 3M (U.S.), Coghlan’s Ltd. (Canada), Dabur (India), Godrej Consumer Products Ltd. (India), Homs LLC (U.S.), and New Avon LLC. (U.S.), PIC Corporation (U.S.), Reckitt Benckiser Group Plc (U.K.), S.C. Johnson & Son, Inc. (U.S.), Spectrum Brands Holdings Inc. (U.S.).
Growing Awareness: With increasing awareness about mosquito-borne diseases like malaria, dengue, Zika virus, and other health concerns related to mosquito bites, the demand for mosquito repellents has been rising.
Natural and Chemical-Based Products: There was a notable trend toward natural and organic mosquito repellents made from ingredients like citronella, neem oil, lemon eucalyptus, and lavender, catering to the growing demand for eco-friendly and skin-friendly products.
Geographical Variation: The demand for mosquito repellents varied significantly based on the region. Areas with a higher prevalence of mosquito-borne diseases saw greater demand for such products.
Distribution Channels: Mosquito repellents were available through various distribution channels, including supermarkets, convenience stores, online retailers, pharmacies, and specialty stores, making them easily accessible to consumers.
Key Industry Development:
- June 2022: Reckitt Benckiser Group PLC partnered with Amazon to enhance channel optimization, brand protection, advertising, and resolve supply chain issues. The company has also signed Amazon’s Climate Pledge to become carbon neutral by 2040, 10 years before the global deadline.
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