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Insect Repellent Market Size
Insect Repellent Market was valued at USD 5.6 billion in 2023 and is estimated to grow at a CAGR of 6% during the forecast period. The global prevalence of mosquito and tick-borne diseases like malaria, dengue fever, Lyme disease, and Zika virus is a major driver.
As public health awareness campaigns highlight the dangers of these illnesses, people are increasingly seeking preventative measures. Insect repellents offer a convenient and effective solution for reducing the risk of insect bites and subsequent disease transmission. According to an article published in The New England Journal of Medicine in November 2022, the Intergovernmental Panel on Climate Change has communicated a high level of certainty that vector-borne diseases have risen significantly in recent years.
The increasing penetration and adoption rate of insect repellents is due to growing consumer awareness about insect-borne diseases. According to the U.S. Census data and Simmons National Consumer Survey (NHCS), there were 195.5 million users of insect repellents in the U.S. in 2020. Increasing product visibility via the internet and through advertisements further drives the adoption of insect repellents. The global popularity of outdoor activities like hiking, camping, fishing, and adventure travel is another key driver. Participants in these activities require protection from insects that can disrupt enjoyment and potentially transmit diseases. Insect repellents provide a crucial layer of defense for outdoor enthusiasts.
Insect Repellent Market Report Attributes
| Report Attribute |
Details |
| Base Year: | 2023 |
|---|
| Insect Repellent Market Size in 2023: | USD 5.6 billion |
|---|
| Forecast Period: | 2024 - 2032 |
|---|
| Forecast Period 2024 - 2032 CAGR: | 6% |
|---|
| 2032 Value Projection: | USD 9.5 billion |
|---|
| Historical Data for: | 2021 - 2023 |
|---|
| No. of Pages: | 487 |
|---|
| Tables, Charts & Figures: | 428 |
| Segments covered: | Type, Ingredient Type, Insect type, Price Range, End-use, Distribution Channel, Region |
|---|
| Growth Drivers: | - Increasing vector borne diseases
- Increasing consumer awareness
- Growing outdoor activities trends
- Rapid urbanization
|
|---|
| Pitfalls & Challenges: | - Regulatory hurdles
- Health and safety concerns
|
|---|
Stringent regulations regarding the use of chemicals in insect repellents can complicate product formulation and market entry. Different regions have varying regulations, making it challenging for companies to maintain compliance globally. Concerns about the potential health effects of synthetic chemicals like DEET and permethrin can lead to consumer skepticism and regulatory scrutiny.
