Wednesday, 22 June 2016

Europe Mosquito Repellent Candles Market to Reach US$2.1 mn by 2021 as Changing Climatic Conditions Favor Mosquito Breeding

Transparency Market Research has recently published a new research study that studies the Europe mosquito repellent candles market in a holistic manner. This research report, titled “Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021,” offers an insightful take on the trends and dynamics of the market. Additionally, it also includes an accurate assessment of the historical data of the Europe mosquito repellent candles market. The researchers have correlated this data with the current market analysis to chalk out the market’s trajectory for the near future. Complete with Porter’s five forces analysis and SWOT analysis, the research report on the Europe mosquito repellent candles market aims to be a guiding document to readers and market enthusiasts.

According to the report, the mosquito repellant candles market was valued at US$1.3 mn in 2014 and is anticipated to reach US$2.1 mn by 2021, registering a positive CAGR of 6.3% from 2015 to 2021. Amongst the various types of mosquito repellents found in Europe, mosquito repellent candles are gaining huge popularity amongst consumers in the region. Other types of mosquito repellents are coils, liquids, and creams, which are predominantly used for outdoor purposes such as camping. The prime growth driver for this market is the fact that mosquito repellent candles do not create any wastage and emit less smoke as compared to coils. However, their market share is still lower than mosquito repellent liquids and coils due to their high price range. Research indicates that the mosquito repellent candles market in Europe will grow considerably in the coming few years.

The Europe mosquito repellent candles market is segmented on the basis of raw material and country. The raw materials used for making these candles include eucalyptus oil, citronella oil, basil oil, andiroba oil, and others. The countries in this market are Portugal, France, Italy, Spain, Hungary, and Rest of Europe.

In terms of regions, France was leading the mosquito repellent candles market in Europe with a share of 30% in 2014. This was closely trailed by Rest of Europe, with Spain and Italy collectively holding a significant share in the overall market in 2014. The demand for mosquito repellent candles will surge in these countries due to the changing climatic conditions, which create a conducive breeding ground for mosquitoes, thereby increasing the chances of spreading of mosquito-related diseases.

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The important players in the mosquito repellent candles market in Europe are Biosensory Inc, Diversam Comaral, Yankee Candle Company, and Gies-Kerzen Inc. The research report offers a detailed analysis of the competitive landscape of the market along with sharing the nature of the regulatory framework and its influence on the market. Furthermore, the research report also gives an assessment of the company profiles, financial overview, research and development activities, product portfolio, and business and marketing strategies of these companies.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

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