Friday 14 August 2015

Mosquito Repellent Candles Market - Europe Industry Analysis and Forecast 2015 - 2021


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According to a new market report published by Transparency Market Research “Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” the market was valued at USD 1,354.68 Thousand in 2014, which is expected to reach USD 2,089.91 Thousand by 2021, growing at a CAGR of 6.3% from 2015 to 2021. The market volume of Europe Mosquito Repellent Candles was valued at 2,574.84 Thousand Units in 2014, which is expected to reach 3,888.05 Thousand Units by 2021 growing at a CAGR of 6.0% from 2015 to 2021.

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Mosquito repellant candles market is having huge untapped potential for growth. The mosquito repellant candles are primarily used for outdoor purposes such as camping, outdoor parties and social gatherings. Use of natural raw materials for manufacturing mosquito repellent candles is one of the major factors fueling the mosquito repellent candles market in Europe. Moreover, changing climatic conditions is also having a positive impact on the mosquito repellent candles market. Owing to these factors, mosquito repellant candles market is expected to experience moderate growth in the forecast period.


High price of mosquito repellent candles compared to the other categories of mosquito repellent products currently available in the market such as coils, liquids and incense sticks is the primary factor inhibiting the growth of the mosquito repellent candles market in Europe. In addition, the widespread availability of mosquito liquids, coils and incense sticks compared to mosquito repellent candles is another factor restraining the growth of the mosquito repellent candles market in Europe. Moreover, lack of awareness about mosquito repellent candles among the consumers in Europe is also inhibiting the growth of the mosquito repellent candles market.

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The application of natural products in mosquito repellent candles such as citronella oil, eucalyptus oil and various others is the primary factor fuelling the demand for mosquito repellent candles market in Europe. Mosquito repellent products such as coils and liquids are made from harmful ingredients such as allethrin and S-2 which when airborne is subject to inhalation and that can have severe adverse effects on human health. The fumes emitted from mosquito coil and liquids can also cause breathing problems, allergic reactions and eye irritations. In addition, the smoke emitted from mosquito coils is one of the major reasons for lung cancer. In order to tackle these issues, the manufacturers operating in the mosquito control market have introduced mosquito repellent candles made from natural products such as citronella oil, eucalyptus oil and various others that will replace the use of mosquito repellent coils and liquids.

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France held a market share of more than 30% in Europe mosquito repellent candles market in 2014. Rest of Europe held the second largest market share in the Europe mosquito repellent candles market in 2014 followed by Italy and Spain. Citronella oil held the largest market share in the mosquito repellent candles market in Europe. Gies-Kerzen Inc, Yankee Candle Company, Diversam Comaral, Biosensory Inc are some of the key players operating in the mosquito repellent candles market in Europe at present.

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The report covers Europe Mosquito Repellent Candles market and provides estimates in terms of revenue (USD Thousand) and volume (Thousand Units) from 2015 to 2021. Market estimates on the basis of raw material type have also been provided for each country.

The market has been segmented as follows:

Europe Mosquito Repellent Candles Market, by Raw Material Type
Citronella Oil
Eucalyptus Oil
Andiroba Oil
Basil Oil
Others
Europe Mosquito Repellent Candles Market, by Country
France
Italy
Spain
Portugal
Hungary
Rest of Europe

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