According to a new
market report published by Transparency Market Research
“Insect
Repellent Market - Europe Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023,” in terms of revenue,
Europe insect repellent market was valued at US$1.40 bn in 2014, and
is expected to reach US$1.82 bn by 2023, increasing at a CAGR of 3.0%
from 2015 to 2023.
The insect repellant
market in Europe is primarily driven by increasing concerns about
insect-borne diseases and existence of strong distribution networks
in the continent. Furthermore, rising demand for natural insect
repellant products is likely to create a potential growth opportunity
for the insect repellant market in the future. However, strict
government regulations pertaining to safety of insect repellent
products is expected to hinder the growth of the market throughout
the forecast period.On the basis of product type, the insect
repellent market in Europe is subdivided into body worn insect
repellent and non body worn insect repellent. The market for body
worn insect repellent is driven by increasing consumer awareness
about the safety aspect of these products. These insect repellents
are mostly made of natural ingredients such as citronella oil and
eucalyptus oil, which have minimal toxicity levels and do not have
any side effects when applied on the skin. Insect repellent sprays
are also manufactured from these natural raw materials and are
considered to be safe for children, with little or no side effects.
Non body worn insect
repellents provide protection from critical insect-borne diseases
such as malaria, dengue, Lyme disease and yellow fever among others.
Moreover, low price of these products and easy availability across
online stores, retail outlets, supermarkets, and hypermarkets are
propelling the growth of the non body worn insect repellent products
market in Europe. Thus by revenue, non body worn insect repellent was
the largest contributor in the insect repellent market in Europe in
2014 and accounted for market share of approximately 96%.
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The market for body
worn insect repellent in Europe is further subdivided into oils and
creams, apparel, stickers and patches, and aerosols. By revenue, oils
and cream was the largest contributor to the market for body worn
insect repellent in 2014. The major reason is attributed to wide
utilization of these products in order to protect an individual from
the bites of mites, mosquitoes, lice and ticks among others.
The market for non
body worn insect repellent in Europe is further classified into
coils, mats and sheets, liquid vaporizers, and aerosols. By revenue,
aerosol was the largest contributor to the market for non body worn
insect repellent in 2014. Aerosol cans are extensively used to repel
or kill different insects including flies, mosquitoes, and
cockroaches among others.
The insect repellent
market in Europe is divided into fourteen countries: - Germany, U.K.
France, Italy, Spain, Belgium, Switzerland, Netherlands, Denmark,
Norway, Sweden, Finland, Iceland, and rest of Europe. In terms of
revenue, Italy was the largest contributor in the market in 2014,
accounting for a market share of approximately 20%. The market for
insect repellent products in Italy is likely to grow at a rapid pace,
owing to increasing health consciousness among consumers. Moreover,
factors such as low prices of mosquito repellent coils and aerosol
based insecticides in Italy are also responsible for propelling the
growth of the market. However, the insect repellent market in the
U.K. is likely to grow at the highest CAGR during the forecast
period. The major reason is attributed to increasing prevalence of
mosquitoes, ants, wasps, and flies among others in the country during
the summer months. In addition, insect repellents are more popular in
rural areas than urban areas as problems such as wasps are less
common in towns and cities.
Some of the Leading
Players in the insect repellent
market in Europe are Avon Products Inc. (U.S.), S.C. Johnson &
Son, Inc. (U.S.), 3M Corporation (U.S.), E.I. DuPont de Nemours and
Company (U.S.), BASF S.E (Germany) and Omega Pharma (Belgium). Key
players have also been profiled on the basis of company overview,
financial overview, business strategies and recent developments in
the field of insect repellent.
Europe Insect
Repellent Market: by Product Type
Body Worn Insect
Repellent
Oils and Cream
Synthetic
Deet
Picaridin
Permethrin
Plant Based
Citronella
Geraniol
Oil of Lemon
Eucalyptus
Apparel
Stickers and Patches
Aerosols
Deet
Non Deet
Non Body Worn Insect
Repellent
Coils, Mats and
Sheet
Aerosol
Deet
Non Deet
Liquid Vaporizer
Europe Insect
Repellent Market: by Country
U.K.
Germany
France
Italy
Germany
Spain
Belgium
Switzerland
Netherlands
Denmark
Norway
Sweden
Finland
Iceland
Rest of Europe
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