Market Overview
The demand for mosquito repellent products has been on the rise over the past few years due to the growing awareness about the health risks associated with mosquito bites. The mosquito repellent market is expected to witness significant growth in the coming years, driven by the increasing prevalence of mosquito-borne diseases such as dengue fever, chikungunya, and Zika virus.
The Mosquito Repellent Market size is expected to be worth around USD 9.67 Bn by 2032 from USD 5.5 Bn in 2022, growing at a CAGR of 5.8% during the forecast period from 2023 to 2032.
The growing demand for natural and organic mosquito repellent products is expected to drive market growth further. The report suggests that the market is likely to be dominated by spray, cream, and oil-based mosquito repellents.
Geographically, the mosquito repellent market is segmented into North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific is anticipated to account for the largest market share due to the increasing population, high prevalence of mosquito-borne diseases, and the growing awareness about the need for mosquito-repellent products.
The mosquito repellent market is highly fragmented with the presence of several global and local players. Some of the key players in the market include Reckitt Benckiser Group PLC, Godrej Consumer Products Limited, SC Johnson & Son Inc., Spectrum Brands Holdings Inc., Dabur International Limited, and others.
The companies are focusing on product innovation and development to gain a competitive advantage in the market. For instance, in 2020, SC Johnson introduced a new line of natural mosquito repellent products under the brand name “OFF! Botanicals”. The products are made with essential oils and do not contain DEET, a chemical commonly used in mosquito repellents.
Furthermore, the companies are expanding their distribution network to reach a larger customer base. The e-commerce platforms have emerged as a popular sales channel for mosquito repellent products, with the increasing penetration of smartphones and the internet.
In addition, the companies are adopting various marketing strategies to promote their products and create brand awareness. Celebrity endorsements, influencer marketing, and social media campaigns are some of the popular marketing techniques being used by companies to attract customers.
However, the market growth is hindered by the availability of alternative mosquito control methods such as insecticides, mosquito nets, and bug zappers. The high cost associated with natural and organic mosquito repellent products is also expected to hamper the market
Driving Factors:
1. Increasing prevalence of mosquito-borne diseases such as Zika, Dengue and Malaria
2. Growing awareness about the benefits of using mosquito repellents for personal protection
3. Climatic changes causing a rise in mosquito populations
4. Government initiatives promoting the use of mosquito repellents
5. Availability and affordability of a wide range of mosquito repellent products
6. Rising consumer disposable income levels
7. Emergence of natural and organic mosquito repellent alternatives
8. Increase in outdoor activities and travel
9. Expansion of distribution networks and online sales channels
10. Innovations in packaging and formulations to enhance convenience and performance.