Natural Ingredient Insect Repellent Market

Natural Ingredient Insect Repellent Market Expected to Reach US$ 2,502.5 Mn by
2026
ccording to a new market report published by Transparency Market
Researchtitled“Natural Ingredient Insect Repellent Market –Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” The global natural
ingredient insect repellent market is expected to reach a value of US$ 2,502.5 Mn by
2026. The market is estimated to expand at a CAGR of 6.3% during the forecast
period from 2018 to 2026. In terms of volume, the market stood at around 207.2
Million Units in 2017. North America dominated the natural ingredient insect
repellent market in 2017, acquiring approximately 32% of market share. The market
in this region witnessed increased awareness about safe and healthy insect repellents
containing plant based extracts. Additionally, extensive R&D investment for
development of strong and efficient natural insect repellents is anticipated to drive
the natural insect repellent market in the region.
The natural ingredient insect repellent market is influenced by market dynamics with
the prime driving factor being increasing health awareness. Increase in health
awareness amongst both theurban and rural population across the globe is boosting
the natural ingredient insect repellent market. Furthermore, increase in outdoor
recreational activities is increasing the demand for sprays/aerosols, essential oils etc.
as they are easy to handle and carry, and can be applied as and when required.
Request A Sample - https://www.transparencymarketresearch.com/sample/sample.php?
flag=S&rep_id=53715
Based on product type, the sprays or aerosols segment dominated the market in 2017
and was valued at US$ 456.1 Mnat a CAGR of 6.8% due to its widespread
application across the globe. Sprays and aerosols are compact in size and easy to
handle and carrywhile on the go. Based on ingredient type, oil of lemon eucalyptus
acquired major market share due to its efficiency compared to other natural
ingredients. Oil of lemon eucalyptus is less volatile and does not evaporate quickly
once applied compared to other natural ingredients. According to pest targeted, the
mosquitoes segment acquired major share in the market due to increase in mosquito
borne disease. According to distribution channel, the online channel is anticipated to
expand at a faster rate due to availability of numerous products at a reasonable rate.
Some of the key players in the natural ingredient insect repellent market include
Reckitt Benckiser Group PLC, Godrej Consumer Products Ltd., S.C. Johnson & Son,
Inc., Spectrum Brands Holdings Inc., Honasa Consumer Pvt Ltd., First Step Digital Pvt
Ltd., Quantum, Inc., Dabur International, Enesis Group, and Homes LLC.The key
players adopt numerous strategies to sustain in the market. Product development and
acquisition and partnership are some of the main strategies adopted by key players to
gain a competitive edge.
Download Report TOC for in-depth analysis @
https://www.transparencymarketresearch.com/report-toc/53715