ALBANY, New York, June 4, 2020 /PRNewswire/ -- Revenue-wise, the global body worn insect repellent market would witness growth at the rate of about 8%, compounded annually, from 2020 to 2030. This steady growth would translate to a market worth of USD 0.9 billion by the end of the forecast period.
As per Transparency Market Research, "Need to control mosquito-borne diseases is increasing with diseases such as Zika emerging in the human world. Additionally, in some countries incidence of Dengue and Malaria is quite high. Awareness about these is leading to demand for mosquito repellents, leading to growth in body worn insect repellent market."
Key Findings of Global Body Worn Insect Repellent Market Study:
Demand for plant-based body worn insect repellents is growing at a steady pace as preference for naturally occurring compounds gains prominence
Patches will witness increase in demand as these become ideal solutions for infants as optimum safety products are now present in the market
Wristbands are witnessing an increase in demand, trend anticipated to continue over the forecast period
Get research-based insights and factual information about the growth of the Body Worn Insect Repellent Market (Product Type: Apparel [Trousers, Shirts, Jackets, Head Nets, and Others], Oils & Creams [Plant-based and Synthetic], and Sticker & Patches; and Distribution Channel: Online and Offline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/body-worn-insect-repellent-market.html
Key Drivers of Growth in Global Body Worn Insect Repellent Market:
High prevalence of mosquito-borne diseases is a major growth factor in the global body worn insect repellent market. As per Transparency Market Research, however, growth in global body worn insect repellent market would be an outcome of multiple factors. A glimpse into these is provided below:
World over, people are opting for outdoor activities such as camping, hiking and sports for health and recreational purposes, driving-up demand for such products
Players operating in the market are focusing on bringing forth new and innovative products at affordable prices paving way for higher demand in the future
Awareness regarding diseases caused my insect bites is increasing, propelling the market on to a high growth trajectory
Increase in research and development also creates a promise of growth for market and its players
Regional Analysis of Global Body Worn Insect Repellent Market:
In terms of market share and value, Asia Pacific (APAC) will top the regional charts of global body worn insect repellent market over the forecast period
High prevalence of mosquito borne diseases and government efforts directed towards battling the challenge are major growth factors
Demand for these products would witness growth in Europe and North America owing to more and more people opting for and participating in outdoor activities
Analyze global body worn insect repellent market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study
Competitive Landscape to Global Body Worn Insect Repellent Market:
Transparency Market Research has provided a comprehensive profile of prominent players, in the global body worn insect repellent market, in its report. Some of the top names include Reckitt Benckiser Group Plc., Godrej Group, Insect Shield LLC, Tender Corporation, Spectrum Brands Holdings Inc., and SC Johnson & Son Inc., among others. TMR has also provided an evaluation of key product offerings, strategies, financials, and recent developments that are considered notable.
Key players in the market are highly focused upon improving product range. Therefore, investments directed towards new and innovative product development are being noted. Additionally, a number of players are expanding presence across regions by entering into strategic alliances. Tie-ups with local or regional players are common.
Insect Repellent Market – Growing consumer awareness related to insect-borne diseases is fueling the growth of the insect repellent market globally. Insect repellents help in protecting consumers from bites from insects such as mosquitoes, ticks, fleas, chiggers, and biting flies. Diseases such as Zika, dengue, yellow fever, malaria, and chikungunya is becoming more common in various regions especially in Southeast Asia and Pacific islands, thus fueling the insect repellent market growth over the forecast timeline.
Home Appliance (Wet and Cold) Market – The global wet and cold appliances market is going through solid growth with the better disposable income levels in a number of countries, rising middle-class economy, busier lifestyles, and the availability of a range of wet and cold appliances at competitive prices. With the rising digitalization, consumers have become more tech-savvy and have robust knowledge associated with the use and benefits of all modern wet and cold appliances.
Mosquito Repellent Market – The global mosquito repellent market is expected to reach a value of US$ 5,698.6 Mn by 2026. The market is estimated to expand at a CAGR of 6.3% during the forecast period from 2018 to 2026. The market in this region witnessed rapid increase in urbanization, changing lifestyle of people, and rise in awareness among consumers about healthy and safe products which has fueled the mosquito repellent market in the region.
Power Lawn and Garden Equipment Market– The global power lawn and garden equipment market is likely to expand at a steady CAGR of 4.8% during the forecast period from 2017 and 2025. The market is expected to gain a worth of around US$96,832.1 Mn by the end of forecast period, 2025. Owing to the intense competition, several players all over the world, have settled themselves in the global power lawn and garden equipment market.
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