Global Insect Repellent Market & Future Trends 2023

Posted by Bharat Book on December 18th, 2018

Bharat Book Bureau Provides the Trending Market Research Report on “Insect Repellent: The Global Market to 2023” under Chemical & Materials category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Summary

Insect Repellents play important roles in the protection from vectors such as mosquitoes, bugs, ticks and other insects that are responsible for insect-borne diseases. The increasing incidence of vector-borne diseases such as dengue fever, malaria, West Nile fever, Lyme disease and bubonic plague in developing and low-income regions of APAC and Africa is augmenting the demand for various insect repellent products, including coils, vaporizers and creams. The insect repellent market is expected to reach REDACTED in 2023, up from REDACTED in 2018, at a compound annual growth rate (CAGR) of REDACTED during the forecast period from 2018 through 2023. Insect repellents can be used both indoors and outdoors. Uncleaned outdoor surroundings and some pets are two of the leading vectors for fleas, flies, mosquitos and ticks. Body-worn insect repellents have penetrated the market, which provides protection from insects in both indoor and outdoor environments. The choice of insect repellents is primarily determined by the income levels and awareness of the consumers.

Insect Repellent

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The factors contributing to the growth of the insect repellent market include the rising incidence of mosquito-borne diseases, increased awareness and government initiatives for mosquito control. In May 2010, the Chinese government launched a national malaria elimination program with the goal of eliminating malaria from the country by 2015. In some border areas of Yunnan province, the goal is to eliminate malaria by 2017. As a result of these programs, the mortality has significantly dropped in China. According to the WHO, in 2010, there were approximately 5,000 cases of malaria and 100 deaths reported. These incidences have been reduced to just 10 in 2016 and no fatalities due to malaria registered in 2016.

Mosquito-borne diseases are most prevalent in the Asian and Sub-Saharan regions, whereas tick-borne diseases such as Lyme and are more common in the North American and European regions. Malaria is one of the most prevalent diseases due to mosquitos, and it has a considerable reach to the Asia-Pacific region, Africa, the Middle East and Latin America. According to the WHO’s 2017 WorldMalaria Report, approximately 216 million global cases of malaria were reported in 2016. Nearly 90% of these cases were observed in the African region, followed by the Southeast Asia region at 7%. Due to increases in healthcare facilities, diagnosis, treatment and awareness of the disease, the global incidence rate has decreased by 18% from 76 per 1,000 inhabitants to 63 per 1,000 inhabitants. Approximately 445,000 global mortalities due to malaria were reported compared to 446,000 in 2015. The African region accounted for 91% of the total global mortalities.

According to the Centers for Disease Control and Prevention (CDC), the prevalence of Lyme disease in the U.S. among men was 8.1 people per 100,000 in 2016. Lyme disease, which was previously restricted to the eastern parts of the country, is now spreading to other regions. Many global regions have witnessed an upsurge in cases of the Zika virus. According to the WHO, approximately 70 countries have reported incidences of the Zika virus since 2007, and of that 53 first reported an outbreak since 2015. In 2015, the Zika virus caused a widespread epidemic in Brazil and then spread to other parts of South and North America, as well as to several islands in the Pacific and Southeast Asia. Globally, more than 200,000 cases of Zika were observed in 2015.

Report Scope

The global insect repellent market has a significant scope due to the rising prevalence of insect-borne diseases, rapid urbanization in emerging economies and growing awareness. This report is segmented by insect repellent ingredient type, method of application, distribution channel and demography. These segments are discussed at length, including plausible opportunities available in the market. The global regions covered include North America, Europe, the Asia-Pacific (APAC) region, Latin America, and the Middle East and Africa. A country-specific breakdown of the insect repellent market is also included. The study covers the global insect repellent market irrespective of the included countries. Countries were included mainly on the basis of total revenue generated. The primary countries included are the U.S., Canada, Germany, the U.K., Spain, Italy, France, China, Japan, South Korea and India. Sales data for the global and regional markets were corroborated for the present and forecast values based on statistical analysis.

Estimated values used are based on market players’ total revenues, and forecast revenue values are in constant U.S. dollars unadjusted for inflation. Annual reports and forward-looking statements of insect repellent market players, annual sales of the market players and the average cost of insect repellent were considered to estimate the future market. Numerous insect repellent types and their manufacturers are profiled for a better understanding of the market. Company profiles include a detailed introduction, product portfolios and recent developments. The report also includes regulatory aspects, current and developing technologies, market projections and market share.

Report Includes

- 61 data tables and 19 additional tables

- An overview of the global insect repellent market

- Analyses of global market trends with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023

- Insight into the emergence of mosquito-borne diseases and government initiatives for mosquito control

- Examination of eco-friendly products and their future demand

- Discussion of the major players in the industry, including 3M, DuPont, Godrej, Jyothy Laboratories Ltd., New Avon LLC, Reckitt Benckiser Group Plc, S.C. Johnson & Son, Inc. and Willert Home Products

Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/insect-repellent-the-global-market-to-2023/1307575

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