May 28, 2021   SOURCE: BusinessWire

Insect Repellent Market Report 2021: Rise in Mosquito-Borne Diseases Cases - Global Growth, Trends, COVID-19 Impact, and Forecasts to 2026 - ResearchAndMarkets.com

The "Insect Repellent Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The global insect repellent market was valued at USD 4,150.91 million in 2020 while registering a CAGR of 6.85% - during the period of 2021-2026.

The COVID-19 has a positive outlook on the global insect repellants market across the globe as it is perceived as a home hygiene and home care products. In addition, the demand for personal hygiene and home care products is expected to rise further in the coming days due to the growing awareness among consumers in the wake of the Covid-19 pandemic.

Moreover, manufacturing companies believe that the pandemic has made consumers more aware of the need to maintain hygiene, at a personal level as well as at home, to reduce the chances of infection, and this is expected to become a trend in the long run.

The rising threat of diseases, such as dengue, malaria, chikungunya, Zika virus, and yellow fever, is expected to increase the demand for insect repellents during the forecast period. The government initiatives being undertaken for disease control, rising health awareness among people, and the affordable costs of these products are some of the major factors increasing the demand for insect repellents across the world.

Additionally, with an improvement in standards of living, increasing urbanization, and rising population, demand for mosquito repellents is constantly on the rise, particularly in tropical parts of the region. Also, the wide range of insect repellents including mosquito repellents under different price range has made it is easily accessible and affordable for large consumer base.

There is a rise in the adoption of insect repellents based on natural ingredients. The adoption of such mosquito repellents is increasing, in order to avoid problems, such as skin rashes and allergies, among others. Manufacturers are coming up with various products that are reducing the harmful effects of repellents due to the content of deet in them, which, in turn, is anticipated to boost the insect repellent market growth significantly in the forecast period.

Key Market Trends

Rise in Mosquito-Borne Diseases Cases

Health consciousness is increasing among the urban population across the world, as the awareness regarding safety against mosquito bites is increasing.

Furthermore, the increasing literacy rate in developing countries regarding the rising number of diseases spread by mosquitoes are aiding the rural population to focus more on health and cleanliness. Different regions are impacted by different mosquito-borne diseases depending on climate, the types of mosquitoes common in the region, and access to preventative measures and medicine. However, the impact of such diseases remains widespread.

Competitive Landscape

The global insect repellent market is highly stagnant and competitive, with the presence of various global and regional players. The major market share of the global insect repellent market is dominated by companies, like SC Johnson & Son, which is the market leader, followed by Spectrum brands, and Reckitt Benckiser Group PLC in 2020.

The extensive product portfolio, global presence, and the company's continuous activities in the market studied have made Godrej Consumer Products a leader of the market. During the studied period, the company's major focus lied on product innovations, as it developed four innovative products with an aim to extend its product portfolio and global presence.

Another market leader, SC Johnson & Son, is also enjoying greater sales in the market studied, supported by consumer inclination toward its wider range of products, including all product types, such as DEET products, natural and organic insect repellents, and other products.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 By Product Type

5.1.1 Coil

5.1.2 Liquid Vaporizer

5.1.3 Spray/Aerosol

5.1.4 Mat

5.1.5 Cream & Oil

5.1.6 Other Product Types

5.2 By Distribution Channel

5.2.1 Offline Retail Stores

5.2.2 Online Retail Stores

5.3 By Category

5.3.1 Natural Insect Repellent

5.3.2 Conventional Insect Repellent

5.4 Geography

6 COMPETITIVE LANDSCAPE

6.1 Key Strategies Adopted

6.2 Most Active Players

6.3 Market Share Analysis

6.4 Company Profiles

6.4.1 Spectrum Brands

6.4.2 Henkel AG & Co. KGaA

6.4.3 Newell Brands

6.4.4 Godrej Consumer Products Ltd

6.4.5 Enesis Group

6.4.6 S. C. Johnson & Son

6.4.7 Quantum Health

6.4.8 Reckitt Benckiser Group PLC

6.4.9 Jyothy Labs Limited

6.4.10 Dabur India Ltd

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 IMPACT OF COVID-19 ON THE MARKET

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