Insect Repellent Market Scope
Increasing incidences of arthropod borne diseases across the world is a major factor leading towards the growth of Global Insect repellent market. An insect repellent (Bug Spray) is a substance which is applied to the skin, clothing, or other surfaces which discourages insects (and arthropods in general) from landing or climbing on that surface. Insect repellents help prevent and control the outbreak of insect-borne (and other arthropod-borne) diseases like Malaria, Dengue, Chikungunya. According to the World Health Organization (WHO) there were 219 million malaria cases reported in 2018 & 4,3500 deaths in 2017. Moreover, Growing healthcare awareness programs to create consciousness among consumers is stimulating the demand for bug resistance products. Severe efforts are being taken to prevent epidemics are likely to play a key role in the increasing adoption for these repellents in the upcoming years. However, Factors like Easy product availability along with the competitive pricing and discount offers will enhance the product demand.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | SC Johnsonn & Son , Inc. (United States), Reckitt Benckiser Group plc (United Kingdom), 3M (United States), Spectrum Brands, Inc. (United States), Godrej Group (India), Avon, Inc. (United Kingdom), The Coleman Company Inc. (United States), Tender Corporation (United States), Cheerwin Group (China), Sawyer Products Inc. (United States), BASF SE (Germany), Dupont (United States) and Ego Pharmaceuticals (Australia) |
CAGR | 7.9% |
The market appears to be fragmented by many emerging players for the market. Manufacturers are focusing on producing innovative insect repellent products by using natural ingredients in order to have an extensive, established product portfolio to target different consumers. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Insect Repellent market throughout the predicted period.
SC Johnsonn & Son , Inc. (United States), Reckitt Benckiser Group plc (United Kingdom), 3M (United States), Spectrum Brands, Inc. (United States), Godrej Group (India), Avon, Inc. (United Kingdom), The Coleman Company Inc. (United States), Tender Corporation (United States), Cheerwin Group (China), Sawyer Products Inc. (United States), BASF SE (Germany), Dupont (United States) and Ego Pharmaceuticals (Australia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Bushman Repellant (Australia), Insect Shield LLC (United States), Omega Pharma (United States) and Quantum Health (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Insect Repellent market by Type , by Application (Household, Agricultural, Chemical and Other) and Region with country level break-up.
On the basis of geography, the market of Insect Repellent has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2023, Zevo, America’s fastest-growing pest control brand, announced the release of its new On-Body Mosquito + Tick Repellents, protecting against mosquitos and ticks for up to 8 hours.
In March 2022, Godrej Agrovet Limited, a prominent diversified agri-business in India, introduced Gracia (Fluxametamide), an isoxazoline compound, into the Indian market. This patented chemistry, originally discovered and developed by Japan's Nisan Chemical Corporation, will be launched in India through a collaborative effort with Godrej Agrovet Limited. This solution demonstrates exceptional efficacy in managing chewing and sucking pests, including larvae, caterpillars, and thrips.
Influencing Trend:
Increasing demand for plant-based repellents and Impact of the increase in global warming would directly impact the growth of the mosquito population which would lead to an increase in the penetration of products designed to repel them.
Market Growth Drivers:
Increase in health consciousness among people globally, Growing awareness regarding the safety against insects, Rising incidence of mosquito borne disease and Government initiatives to control insects and affordable cost of insect repellants.
Challenges:
Stringent government legislation such as Environment Protection Agency and FDA, concerning the consumer’s safety and guidelines for the production of direct human contact insect repellent products are expected to act as a challenge for market growth
Restraints:
Presence of synthetic chemicals which can cause adverse effects on human health after usage may hamper the growth of the market.
Opportunities:
Increasing demand for plant-based repellent and Rising penetration in the untapped rural market is anticipated to create opportunities for the market players.
Key Target Audience
Insect Repellent Manufacturers, Insect Repellent Traders/Distributors/Suppliers, Potential Investors, Government & Regulatory Bodies and Downstream Vendors