Insect Repellent Market was at USD 5.64 billion in 2021. The market is likely to be valued at ISD 9.6 billion by the end of the forecast period. The insect repellant market will register a compound annual growth rate (CAGR) of 6.8% during the forecast period from 2021-2026.
Insect repellant is a substance made of chemicals aimed at discouraging insects from climbing or landing on clothing, skin, and other surfaces. The outbreak of insect-borne diseases including malaria, Lyme, dengue, bubonic plague, zika, West Nile fever, and river blindness necessitates the application of insect repellants. The insect repellent market has witnessed substantial growth owing to the growing health awareness and extreme health consciousness among consumers. Natural products are expected to entirely substitute the inorganic market based on the purchasing power of the consumers.
Insect Repellent Market Growth Rate and Trends:
The following trends are currently prevailing in the market:
Rural areas have been witnessing rising awareness regarding the advantages of insect repellants in recent years. Insect repellants have been replacing the traditional methods to avoid mosquitoes. With growing awareness and products innovations, demand for herb-based and natural insect repellants has been fueling the market growth in both rural and urban areas. Vendors are developing new products integration. For instance, Dabur launched an insect repellant with additional skin benefits.
The key trend leading to the extensive adoption of insect repellants is the exponential rise in mosquito-borne disease cases. Mosquito bites transmit disease which has been a growing concern among consumers especially while being outdoors for recreational activities leading to increased adoption of repellants. World Health Organization (WHO) registers millions of mosquito-based disease cases around the world annually. These factors have led to extensive advertisements by competitors through televisions, billboards, social media, and newspapers among others. This is a key trend for the insect repellant market growth.
There has been an inconsistent growth for the home care and décor industry, since the outbreak. The focus has been completely shifted towards preventing the spread of the virus. Due to the ongoing economic crisis led by the pandemic, the home care, and décor industry has witnessed an overall performance drop. However, there may be a light of hope for the insect repellent industry owing to the UK army’s belief that insect repellants may protect people from the virus. Disruption of supply chains has affected the market temporarily. Due to the pandemic, there has been widespread awareness campaigns by government and private organization to maintain health and fitness. In order to prevent insect-borne diseases, it is anticipated that the pandemic will fuel the insect repellant market growth in the years to come.
Insect Repellent Market Dynamics:
Insect Repellent Market Drivers:
The primary driver for the insect repellent market is the exponential rise in insect-borne diseases annually. Multi-million cases of malaria and dengue are registered across the globe yearly. The growing awareness is propelling the insect repellant market growth.
The market is also driven by the proactive approach of the government of disease control along with growing awareness campaigns by government and private organizations. Affordability is also an important factor leading to the expansion of the customer base with different purchasing powers.
The demand for natural products is an important factor leading to innovation. Demand for organic products is substituting the inorganic product market leading to larger R&D investment, and thus diversification of product portfolios.
There has been an increase in the generation of waste on commercial, residential, and industrial levels. World Health Organization anticipates the global waste generation to grow by 70%. Garbage dumps act as a breeding ground for insects thus increasing the chances of the spread of insect-borne diseases. This is an important driving factor for the insect repellant market.
Insect Repellent Market Restraints:
Insect repellents have adverse effects on the consumers such as breathing problems, itching in the eyes, and headaches. For instance, DEET is a toxic chemical present in repellants that is harmful to the skin. These factors are restraining the market growth and providing growth opportunities for the development of organic insect repellents which are perceived as “safe”.
The market is highly fragment due to the presence of local vendors. The presence of low-quality and counterfeit products hinders market growth.
Market Size Available
2021 – 2026
2021 - 2026
Based on type, Fuel type, End-user
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
Spectrum Brands, Inc. Henkel AG & Co. KGaA S. C. Johnson & Son Reckitt Benckiser group PLC Dabur India Ltd. Swayer Ltd. The Godrej Company Quantum Health Enesis Group
In 2018, Mortein launched a “2-in-1 insect killer” with the guarantee of 100% kill on the mosquitoes causing dengue and zika, and cockroaches causing diarrhea.
In 2013, Godrej launched a new variant of paper mosquito repellent to capture the rising portion in developing nations.
Mosquito segment dominated the 2018 insect repellent market owing to the rising incidence of waste generation and global warming, which enable breeding of mosquitoes. Stagnant water acts as a breeding ground for mosquitoes. Affordability of the product, awareness campaigns, and government initiatives promote the segment growth. Penetration in the unexploited markets and development of repellents with plant-based ingredients will propel the mosquito segment growth during the forecast period.
Vaporizer segment led the insect repellent market in terms of share in recent years and is expected to retain its dominance over the forecast period. The herbal ingredients of the vaporizer make it popular among consumers. The segment helps in the reduction of insect count as well. This wide range of applications makes the segment popular. The spray segment is among the faster-growing segments due to its various applications. Getting rid of insects in pipelines can be done with the help of sprays.
Geographical and Regional Presence:
Global insect repellent market can be segregated into five key major regions: North America, Latin America, Europe, Middle East & Africa, and the Asia Pacific.
The highest market share in the global insect repellent market is held by the Asia Pacific and the region will continue to retain its dominance over the forecast period. The region held 40% market share in 2018. The majority of the share in the region is held by India which will witness a significant compound annual growth rate of 8.9% in the forecast period. The rise in insect-borne disease along with growing awareness about the product is fueling the market growth in the region.
Middle East & Africa holds the second-largest share in the global insect repellent market. Africa is experiencing a growth in vector-borne disease necessitating the use of insect repellants. The government in the region is implementing necessary actions to avoid the spread and promote the use of repellents. The regional market is supposed to record a considerable growth rate over the calculated period.
Competition in the marketplace:
In order to gain a competitive advantage, various companies prevalent in the market are distinguishing their product portfolios based on the price, ingredients, format, region of operations, and functionality. Industry players are investing heavily in advertisements and paid promotions as consumer awareness regarding the products and their benefits are necessary. The demand for natural product has forced companies to innovate in order to expand their customer base. The target group for the companies belongs to the age group of 20-35 in which the people are more health and skin conscious. They are the potential customers for the market. Additionally, players are developing innovative products catering to the needs of their customers. For instance, lime flavor mosquito hit by Godrej kills mosquito without altering the aroma.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Insect Repellent Market, By Insect Type
6.1.4 Market Size Estimations & Forecasts (2021-2026)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Insect Repellent Market, By Product Type
6.2.4 Market Size Estimations & Forecasts (2021-2026)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2021- 2026)
7.2.1 By Country
7.2.2 By Insect Type
7.2.3 By Product Type
7.3.1 By Country
126.96.36.199 Rest of Europe
7.3.2 By Insect Type
7.3.3 By Product Type
7.4 Asia Pacific
7.4.1 By Country
188.8.131.52 South Korea
184.108.40.206 South East Asia
220.127.116.11 Australia & NZ
18.104.22.168 Rest of Asia-Pacific
7.4.2 By Insect Type
7.4.3 By Product Type
7.5 Latin America
7.5.1 By Country
22.214.171.124 Rest of Latin America
7.5.2 By Insect Type
7.5.3 By Product Type
7.6 Middle East and Africa
7.6.1 By Country
126.96.36.199 Middle East
7.6.2 By Insect Type
7.6.3 By Product Type
8. Key Player Analysis
8.1 Spectrum Brands, Inc.
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Henkel AG & Co. KGaA
8.3 S. C. Johnson & Son
8.4 Reckitt Benckiser group PLC
8.5 Dabur India Ltd.
8.6 Swayer Ltd.
8.7 The Godrej Company
8.8 Quantum Health
8.9 Enesis Group
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures