August 01, 2022
According to the research report titled ‘Global Natural Insect Repellent Market Size study, by Product (Vaporizers, Spray, Cream, Others), by Insect (Mosquito, Bugs, Fly, Others) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global natural insect repellant market was worth USD 6919.80 million in 2021 and is anticipated to witness a CAGR of 6.8% during the analysis timeframe to amass USD 10967.11 million by the year 2028.
Report findings suggest that increasing mosquito borne diseases and growing volume of waste leading to mosquito breeding are the major growth determinants for global natural insect repellant market.
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For the unversed, natural insect repellents are substances that are used to safeguard the body from insect bites that may cause local or systemic effects.
Furthermore, growing consumer awareness of insect-borne diseases, in consort with marketing and positioning efforts by companies are likely to bolster industry outlook in the coming years.
However, health concerns regarding mosquito repellants may impede the market growth over the stipulated timeframe.
Based on product terrain, the industry is divided into cream, spray, vaporizers, and others. In terms of insect, worldwide natural insect repellant market is branched into fly, bugs, mosquito, and others.
Regionally, the latest industry trends are studied across North America (U.S., Canada), Europe (UK, France, Germany, Spain, Italy), Asia Pacific (China, South Korea, India, Australia, Japan), and Latin America (Brazil, Mexico).
As per seasoned analysts, Europe market is witnessing notable growth at present, due to the presence of excellent healthcare system in the region.
Whereas Asia Pacific industry is poised to witness a healthy CAGR over the analysis timeframe, on the back of growing cognizance about insect repellants, and surging number of insect-borne diseases.
Speaking of competitive landscape, Reckitt Benckiser Group plc, S. C. Johnson & Son, Inc., Johnson & Johnson Services, Inc. (Johnson & Johnson), Jyothy Laboratories Ltd., Himalaya Wellness Company, Godrej Consumer Products Limited, Dabur International Limited, Coghlan's Ltd., Spectrum Brands Holdings, Inc., and Sawyer Products, Inc. are the leading players in global natural insect repellant market.