Transparency
Market Research, a global market intelligence firm, has
recently published a new market research report made available on the
company website. The research study provides a detailed analysis of
the global body worn insect repellent market, focusing on the market
overview, product segmentation, market drivers and restraints,
challenges and opportunities, current market trends, major
geographical segments, and competitive landscape of the market. The
research report, titled “Body
Worn Insect Repellent Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2021,” also
includes the historical data and forecast figures to present a clear
picture of the market.
According to the
research study, in 2014, the global market for body worn insect
repellents was worth US$230 mn and is estimated to reach a value of
US$378.3 mn by the end of 2021. The market is projected to exhibit a
healthy 7.40% CAGR between 2015 and 2021.
Growing distribution
channels and increasing health awareness are the major factors that
are anticipated to fuel the growth of the global market for body worn
insect repellents in the forecast period. In addition, the increasing
geographical arena is considered as the biggest opportunity for the
market players operating in this market. On the other hand, rigid
government regulations are expected to hamper the growth of the
market in the next few years.
Based on product
type, the global market for body worn insect repellents has been
divided into apparels, oils and creams, and stickers and patches. In
2014, the oils and creams segment accounted for the largest share in
the overall body worn insect repellent market, followed by the
stickers and patches segment. This trend is estimated to remain the
same in the next few years. The oils and creams segment is
sub-classified into synthetic and plant-based oils and creams. In
2014, plant-based oils and creams dominated the global market.
Furthermore, the apparel segment is sub-classified into shirts, head
nets, trousers, jackets, and others.
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Based on geography,
the global market for body worn insect repellents has been classified
into Asia Pacific, North America, Europe, and Rest of the World. In
2014, North America dominated the overall market and is expected to
remain in the leading position throughout the forecast period. The
high growth of the market in this region can be attributed to the
growing spread of various distribution channels and easy availability
of products on several websites such as eBay, Amazon, and Wal-Mart.
Moreover, several major companies are entering into joint venture
agreements with online stores so as to increase the sales of their
products.
The research study
further covers the competitive landscape of the global market for
body worn insect repellents, including the company profile, inception
details, product portfolio, business policies, financial overview,
mergers and acquisitions, if any, and SWOT analysis. Some of the
major players operating in the global body worn insect repellent are
Insect Shield LLC, Sawyer Products Inc., The Orvis Company Inc., S.
C. Johnson & Son, Inc., Mountain Warehouse Ltd., ExOfficio LLC,
Reckitt Benckiser Group plc., E.I. du Pont de Nemours and Company,
Avon Products Inc., and BASF SE.
About Us :
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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