The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Insect Repellent market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Insect Repellent
The report offers actionable and valuable market insights of Insect Repellent. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Insect Repellent Market across various industries and regions.
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The global insect repellent market is projected to expand at a healthy CAGR of 7% from 2021 to 2031, on the back of rising awareness of insect-borne diseases spreading fast across regions. India and China are expected to witness high sales over the next ten years.
Insect repellents are generally used to prevent insect-borne diseases such as malaria, dengue, and others, brought on by insects such as mosquitos, bugs, bees, and flies. Insect repellents are used in many ways to repel insects from homes and individuals. Food and beverage industries also use certain varieties of insect repellents. The agricultural sector also uses insect repellents to prevent insects from ruining crops.
Insect-borne diseases can put an enormous health and economic burden on individuals and nations. Millions of people are directly affected by these infections, causing health disorders, weakness, and blindness, among others. Increase in literacy in developing countries is making rural populations focus more on health and hygiene. Furthermore, the current coronavirus crisis is driving modern consumers’ purchasing decisions. Growing use of insect repellents to protect against insect-borne diseases is recognized as a major market driver worldwide. Consumers are more health-conscious and willing to pay for better solutions in healthcare and home care.
This newly published and insightful report sheds light on Market Insights of Insect Repellent, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Insect Repellent Market.
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Key Market Segments Covered
- Insect Repellents for Mosquitos
- Insect Repellents for Flies
- Insect Repellents for Bees
- Insect Repellents for Bugs
- Insect Repellent Sprays
- Insect Repellent Lotions & Creams
- Insect Repellent Oil
- Insect Repellent Mats
- Insect Repellent Coils
- Insect Repellent Liquid Vaporizers
- Natural Insect Repellents
- Oil of Lemon Eucalyptus
- itronella oil
- Synthetic Insect Repellents
- Natural Insect Repellents
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Aforementioned key players in the market for insect repellents rely on a blend of organic and inorganic strategies to deepen penetration across lucrative markets. These strategies include product launches, collaborations with key players, partnerships, acquisitions, and strengthening of regional and global distribution networks.
Similarly, recent developments related to companies manufacturing insect repellents have been tracked by the team at Fact.MR, which is available in the full report.
Key Takeaways from Market Study
- The insect repellent market is anticipated to add 3X value by 2031.
- Rising health awareness and prevalence of insect-borne diseases is a key driver of the market.
- India and China are expected to become huge markets in the projected period.
- There will be huge investments in insect repellents in many countries in Africa.
- Investments in R&D and new advancements in technology will increase the market for insect repellents.
- Rising demand for insect repellents in the 2nd half of FY2021 will lead to growth in the market.
“With rising awareness towards insect-borne diseases and new advancements in insect repellent technology, market growth will see a steady rise over the coming years,” says a Fact.MR analyst.
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More Valuable Insights on Insect Repellent Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Insect Repellent, Sales and Demand of Insect Repellent, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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