The global body worn
insect repellents market is the focus of study of a recent market
research report published by Transparency Market Research (TMR).
Insect repellents are the products that help repel insects and thus,
provide protection against insect bites to those applying them. The
report projects healthy growth prospects for the market over the
forecast period between 2015 and 2021. According to the report, the
market, which had a valuation of US$230 mn in 2014, will expand at a
7.4% CAGR and rise to US$378.3 mn by 2021.The report is titled “Body
Worn Insect Repellent Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2021”, and is available
on the company website for sale.
Body
Worn Insect Repellent Market
is one of the growing sectors and is expected to show significant
growth during the forecast period. Body Worn Insect Repellent market
is segmented by product type into apparel, stickers and patches and
oils and creams. Oils and creams held the largest market share
followed by stickers and patches in 2014 and would be the same during
the forecast period of 2015 – 2021. Oils and creams is further sub
segment into plant based and synthetic. Plant based segment held the
largest market in 2014 and expected to be the same in the near
future. Apparel is sub segment into head nets, shirts, jackets,
trousers and others.
The major driving
forces for this market are particularly due to increasing health
awareness in emerging countries such as Brazil and India. Factors
such as availability of products in different websites such as
Wal-Mart, Amazon and eBay are the major driver of the body worn
insect repellent market.
The global body
worn insect repellent market, by geography is segmented into North
America, Europe, Asia-Pacific, and Rest of the World (RoW). In 2014,
North America held the largest market share in the market followed by
Asia Pacific, Rest of the World (RoW) and Europe.
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Among all the
regions, North America held the highest market share of 34.1% in
2014, followed by Asia Pacific. In 2014 Asia Pacific held a market
share of 30.3% in global body worn insect repellent market. This
trend is expected to be the same over the forecast period.
The global body worn
insect repellent market was valued at USD 230 Million in 2014 and is
estimated to reach USD 378.3 Million by 2021, growing at a CAGR of
7.4% from 2015 to 2021.
Key players
profiled in this report include Avon Products Inc., Reckitt Benckiser
Group plc, Sawyer Products Inc., ExOfficio LLC, S. C. Johnson &
Son, Inc., BASF SE, The Orvis Company Inc., Mountain Warehouse Ltd.,
E.I. du Pont de Nemours and Company, and Insect Shield LLC among
others.
The factor driving
the growth of the market is the increasing distribution channel for
body worn insect repellent products globally. In addition, increasing
health awareness is the other factor contributing towards the market
growth. North America is the largest market for body worn insect
repellent market during the forecast period 2015 – 2021.
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