The global mosquito repellent market was valued at USD 6.51 billion in 2022 and is anticipated to reach USD 9.30 billion by 2029, demonstrating a CAGR of 5.23% during the forecast period. The escalating temperatures on Earth, driven by increasing greenhouse gases in the atmosphere, have led to a surge in the mosquito population. Consequently, there has been a heightened demand for mosquito-repellent products, thereby boosting the market growth. This data is sourced from Fortune Business Insights™'s report titled, “Mosquito Repellent Market, 2024-2029.”

Information Source: https://www.fortunebusinessinsights.com/mosquito-repellent-market-104417 

• 3M (U.S.)
• Coghlan’s Ltd. (Canada)
• Dabur (India)
• Godrej Consumer Products Ltd. (India)
• Homs LLC (U.S.)
• New Avon LLC. (U.S.)
• PIC Corporation (U.S.)
• Reckitt Benckiser Group Plc (U.K.)
• S.C. Johnson & Son, Inc. (U.S.)
• Spectrum Brands Holdings Inc. (U.S.)

Drivers and Restraints: The demand for mosquito repellents is propelled by the rising occurrence of insect-borne diseases such as dengue and malaria. These diseases are particularly prevalent in rural and semi-urban areas, with approximately 14 million new cases of malaria reported in 2020 according to the World Health Organization. However, challenges such as skin reactions associated with repellent usage pose obstacles to businesses operating in this sector.

Segments:

• Product Type: The market is segmented into coil, spray, cream and oil, vaporizers, and others. The coil segment, offering immediate action and widespread availability, dominated the market in 2021 and is expected to continue growing significantly.
• Raw Material: Mosquito repellents are categorized into plant-based and chemically derived variants. Chemically derived repellents, being highly effective against mosquitoes due to their concentrated chemical composition, held the largest market share in 2021.
• Distribution Channel: The market is distributed across retail stores, supermarkets, online platforms, and other channels. Supermarkets, offering a diverse range of products and allowing consumers to verify and select from various portfolios, captured a substantial share of the global market in 2021.

Regional Insights:

• Asia Pacific: Leading the market in 2021, Asia Pacific benefits from increasing consumer awareness of the advantages of mosquito repellents. The introduction of new product variants and growing acceptance among consumers, including those residing in slum areas, contribute to regional market growth.
• North America: Expected to witness significant growth in the coming years, North America benefits from increased production volumes and extensive research and development activities conducted by both leading companies and governments.
• South America: Anticipated to experience rapid growth, the South American market is driven by the surge in insect-borne diseases due to changing weather patterns. Additionally, the proliferation of hypermarkets and supermarkets attracts consumers to purchase various types of insect-repellent products, further fueling regional market growth.

Competitive Landscape: Industry leaders frequently employ strategic initiatives such as collaborations, mergers & acquisitions, and partnerships to enhance market presence. Product launches remain a key tactic for market augmentation. For example, in August 2020, Bodyguard introduced a natural insect-repellent cream devoid of DEET and composed entirely of plant-based ingredients such as neem and aloe vera, offering hydration and protection against mosquitoes.