Insect Repellent

Insect Repellent

Global Insect Repellents Market to Reach $5.6 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Insect Repellents estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Vaporizers, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$2.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sprays segment is readjusted to a revised 5.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 8.7% CAGR

The Insect Repellents market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 8.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 4.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$730.8 Million by the year 2027.

Creams Segment to Record 3.7% CAGR

In the global Creams segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$705.8 Million in the year 2020 will reach a projected size of US$885.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.7% CAGR through the analysis period.

Select Competitors (Total 42 Featured) -

• Coghlan's Ltd.
• Dabur India Ltd.
• Enesis Group
• ExOfficio LLC
• Godrej Consumer Products Ltd.
• Jyothy Laboratories Limited
• Quantum Health

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