Tuesday, March 2, 2021

Insects Repellent Market Size Worth $5.8 Billion By 2025 Due To Rising Number Of Insect Borne Diseases | Grand View Research, Inc.

Insects Repellent Market Size Worth $5.8 Billion By 2025 Due To Rising Number Of Insect Borne Diseases | Grand View Research, Inc.
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According to a recent report published by Grand View Research Inc., rise in pests due to increase in global warming leading to a significant surge in insect borne diseases is expected to encourage the market development in the forthcoming years.

According to the report, “Insect Repellent Market Size, Share & Trends Analysis Report By Insect Type (Mosquito, Bugs), By Product Type (Vaporizers, Spray), By Region, And Segment Forecasts, 2019 - 2025”,  the growing consumer awareness for pest management and rise in commercialization of pesticides is likely to impel the market demand for insect repellents in the coming years. Government initiatives to control the effects of insects in surroundings is more likely to propel the market development in the coming years.

There is a notable rise in insect-borne diseases. For example, there is a high number of annual cases of chikungunya, dengue, and malaria throughout the world. Mostly the geriatric population is highly affected by these disease. Therefore, the demand for insect repellent has remained high. Apart, environmental concerns have been limiting the market growth in various countries.

Government initiatives in order to control the effects of insects in the surroundings are also likely to impact market growth in the forecast period. For instance, the government has come up with integrated pest management that aims at keeping the pests under economic level. An increase in the number of global waste is also impacting market growth as it leads to an increase in the number of insect-borne diseases. For instance, according to the WHO, the global waste is anticipated to grow by 70.0% by 2050.

Growing awareness regarding the benefits of insect repellents, particularly in rural areas, is driving the market in the forecast period. In the recent past, the traditional methods of preventing themselves from insects have been replaced with new insect repellents available in the market. In urban areas, an increase in demand for natural and herb-based insect repellents is fueling the market growth. Manufacturers are coming up with various integrations in the products.

Insect Repellent Market Report Highlights:

• By product type, vaporiser is expected to expand at a CAGR of 7.0% in the forecast period.

• By insect type, mosquito repellent is anticipated to expand at a CAGR of 7.4% in the forecast period.

• Countries such as India and Saudi Arabia are projected to witness significant growth in insects repellent market due to increasing number of diseases in the region.

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Grand View Research has segmented the global insects repellent market on the basis of product type, insect type, and region:

Insect Repellent Product Type Outlook (Revenue, USD Million, 2015 - 2025)
    • Vaporizers
    • Spray
    • Cream
    • Others

Insect Repellent Insect Type Outlook (Revenue, USD Million, 2015 - 2025)
    • Mosquito
    • Bugs
    • Fly
    • Others

Insect Repellent Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • U.K.
        • Germany
    • Asia Pacific
        • China
        • India
    • Central & South America
        • Brazil
    • Middle East & Africa
        • Saudi Arabia

List of Key Players in Insect Repellent Market:

  • S.C. Johnson & Son
  • Johnson & Johnson
  • Spectrum Brands
  • Dabur International
  • Coglans Ltd
  • Reckitt Benckiser Group
  • The Godrej Company
  • Jyothi Labs
  • Swayer Ltd
  • Himalaya Herbals

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/6056/ibb

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Pest Control Service Market – The global pest control service market size was valued at USD 19.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2020 to 2027.

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