The Mosquito Repellent Market is being driven by Increase in number of awareness campaigns by government organizations and vendors
The Mosquito Repellent Market is expected to grow at a CAGR of 6.4% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 4156.7 million. The mosquito repellent market is experiencing a notable shift towards organic and natural products, driven by rising consumer consciousness regarding the potential health risks associated with synthetic alternatives. This trend is particularly pronounced among families with young children and pregnant women. In response, vendors are introducing mosquito repellents formulated with natural ingredients to cater to this growing demand. The increasing preference for organic repellents, coupled with the launch of new products, is poised to fuel significant market expansion throughout the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
161 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.4% |
Market growth 2024-2028 |
USD 4156.7 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
5.61 |
Key countries |
China, Germany, US, India, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Mosquito Repellent Market has gained significant traction in recent years due to the proliferation of mosquito populations in both rural and urban areas, particularly in regions with humid climates and rapid urbanization. Workplace safety and process efficiency are key concerns in industries such as drug manufacturing and chemical processing, where mosquitoes can pose a risk to employees and production. Mosquitoes are known to thrive in environmental conditions conducive to the production of greenhouse gases, making water treatment an essential application for mosquito repellent products. Mosquito repellent comes in various forms, including drums, cartridges, and bags. These products play a crucial role in protecting against mosquitoes, which can carry deadly diseases such as Yellow Fever, Zika, and Dengue. In construction sites and urban areas, mosquito repellent is essential for creating a safe and healthy atmosphere. As the mosquito population continues to grow, the demand for effective and eco-friendly mosquito repellent solutions is expected to increase.
According to Technavio, the global mosquito repellent market is a significant segment of the expansive household products industry. The global household products market encompasses non-durable consumer goods, such as detergents, soaps, diapers, and various tissue and household paper products. The market's growth is primarily driven by the surge in disposable income and consumer spending. The global economy's expansion and the subsequent rise in disposable income are key factors fueling the growth of the household products market, including mosquito repellents. For instance, the US Bureau of Economic Analysis reported that consumer spending on non-durable goods in the US reached USD3 trillion in 2019.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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