Body Worn Insect Repellent Market Revenue, Future Plans, Competitive Landscape and Trends by Forecast 2027
Growth
Boosters and Deterrents
Latest
studies show that there are close to 700 million cases of mosquito-borne
diseases around the world, which include dengue fever, West Nile and Zika, with
nearly 1 million deaths reported. These escalating numbers and the rapid surge
in the number of cases of mosquito-borne diseases, especially in emerging
countries are bound to create a massive demand for effective Body Worn Insect Repellent Market
Revenue.
Additionally, with time, various species of insects have turned extremely
resistant to the traditional parathyroid-based repellents, prompting an
increase in research and development activities in the global market. A great
deal of focus goes on developing body worn insect repellents that are based on
naturally occurring compounds or are plant-based, which claim to not leave any
toxic impact on the environment. Besides, the rising number of outdoor,
physical activities across countries such as camping, marathons and more, can
be favorable for the body-worn insect repellant industry in the ensuing years.
Key
Players
Godrej Group (India), ExOffcio LLC (US),
I. du Pont de Nemours and Company (US), Reckitt Benckiser Group Plc (UK),
Insect Shield (US), AgraCo Technologies International, LLC (US), Spectrum
Brands Holdings, Inc. (US), Larus Pharma Srl (Italy), New Avon Company (US), C.
Johnson & Sons, Inc. (US), are the most affluent companies in the global
industry.
Market Segmentation:
Product type and distribution channel are the key
market segments extensively detailed in the MRFR study.
Creams and oils, apparel, roll-ons, sprays and
others are the top product types covered in the report. The creams and oils
section can expect to advance at the fastest rate in the years ahead, in view
of the rising availability, convenience and ease, and the introduction of
various herbal and natural Body Worn Insect Repellent Market Revenue in cream
and oil forms.
Distribution channels considered in the report
include store-based as well as non-store-based. Some of the key store-based
channels are convenience stores, supermarkets and hypermarkets and more.
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Regional Analysis
North America along with APAC/Asia Pacific, Europe as
well as Middle East and Africa/MEA are the primary markets for Body Worn Insect
Repellent Market Revenue.
North America holds the most promise and can emerge
extremely profitable in subsequent years, since most of the consumers are aware
of various types of body worn insect repellants, in line with the soaring
number of outdoor, sports activities. The US stands as the most lucrative
market in the region, responsible for the highest sales among the financially
strong and health-focused consumers. Big conglomerates in North America
continuously strive to boost their product offerings and presence by entering
mergers & acquisitions as well as tie-ups with smaller vendors in the body
worn insect repellent industry.
APAC’s growth potential is quite significant, as it
is touted to achieve the highest growth rate in the coming years. The Body Worn
Insect Repellent Market Revenue in the region is burgeoning rapidly, backed by
the rampant surge in mosquito and various insect-borne diseases. The rising cases
of these diseases and the need to curb the scaling healthcare costs present
attractive opportunities to the renowned players in the market. Expanding pool
of literate and health consciousness individuals in China, India, and more are
more inclined to buy high-end quality products, which also pushes the market
expansion rate. On top of this, government, community service groups and NGOs
are increasingly working on spreading awareness about the important of
cleanliness as well as a disease-free environment, which seems to be working in
favor of the APAC market.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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