Vantage Market Research
Jul 05, 2022
In terms of revenue, the Global Mosquito Repellent Market is expected to reach USD 9.2 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.30% from 2022 to 2028.
Mosquitoes are a significant cause of health disorders across the globe. The increasing prevalence of diseases such as malaria, dengue, Chikungunya, and others, especially in developing countries, is expected to drive the Mosquito Repellent Market. Thus, the growth of Mosquito Repellent demand is growing in the consumer sector. The factor that drives the market demand is the growing urbanization and unhygienic conditions in developing countries. Hence, the need for Mosquito Repellent in the coming years is expected to grow.
Key Highlights from Report:
- The Coil sub-segment of the Repellent Spray segment is anticipated to dominate the Mosquito Repellent Market. Mosquito Repellent Coils are readily available at low cost than other products. Thus, the Coil sub-segment is considered the fastest-growing sub-segment for the Mosquito Repellent Market.
- The Hypermarket/Supermarket sub-segment of the Distribution Channel segment accounts for the largest market share in 2021 for the Mosquito Repellent Market. When it comes to health, most of the population prefers branded products purchased from reputed consumer or Distribution Centers. Hypermarket/Supermarket is one of the major distributors of these products across the globe. Thus, this sub-segment is anticipated to grow during the forecast period.
- North America is the largest regional segment. This rise is attributed to the increasing demand for Mosquito Repellents in developing economies such as India, Thailand, and Indonesia. This region has an increasing number of mosquitoes and health issues caused by mosquitoes.
Market Dynamics:
Nobody enjoys mosquito bites and their after-effects of it. They cause itchiness and even deadly diseases such as malaria and dengue, which are difficult to recover. For those reasons, and because mosquitos spread dangerous diseases such as malaria and dengue fever in many regions, Mosquito Repellent is an essential preventative measure for many people. It is estimated that in the United States alone, the market value of Mosquito Repellents is predicted to be approximately 860 million the U.S. dollars in 2021 and is expected to boost to nearly 1.2 billion U.S. D. by 2025.
Out of varied types of Mosquito Repellents on the global market, vaporizer repellents have the most significant market value, forecast to amount to some 861.3 million U.S.D. in 2025. Vaporizer repellents include a liquid mixture of insecticide, stabilizer, and sometimes a scent that is heated to create vapor in the air that repels or kills mosquitos. Perhaps the most well-known of the Mosquito Repellent products, Repellent Sprays had the smallest market value outlook, forecasted to be worth approximately 146 million U.S. dollars in 2025.
North America is expected to dominate the Global Mosquito Repellent Market in 2021 and is likely to run the same trend during the forecast period. Increased critical players and high investment made by countries such as China and India drive global market demand. In addition, Healthcare and awareness among the general population towards mosquito bite aftereffects move the market in this region.