Tag: insect borne diseases

Insect-borne diseases can put an enormous health and economic burden on individuals and nations. Millions of people are directly affected by these infections, causing health disorders, weakness, and blindness, among others. Increase in literacy in developing countries is making rural populations focus more on health and hygiene. Furthermore, the current coronavirus crisis is driving modern consumers’ purchasing decisions. Growing use of insect repellents to protect against insect-borne diseases is recognized as a major market driver worldwide. Consumers are more health-conscious and willing to pay for better solutions in healthcare and home care.

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As per a new report published by Fact.MR, the global insect repellent market is projected to reach a revenue of US$ 9.3 billon by the end of 2031, and is poised to expand at a CAGR of around 7% over the next ten years.

Key Takeaways from Market Study

• The insect repellent market is anticipated to add 3X value by 2031.
• Rising health awareness and prevalence of insect-borne diseases is a key driver of the market.
• India and China are expected to become huge markets in the projected period.
• There will be huge investments in insect repellents in many countries in Africa.
• Investments in R&D and new advancements in technology will increase the market for insect repellents.
• Rising demand for insect repellents in the 2nd half of FY2021 will lead to growth in the market.

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Key Market Segments Covered

• Insect
  • Insect Repellents for Mosquitos
  • Insect Repellents for Flies
  • Insect Repellents for Bees
  • Insect Repellents for Bugs
  • Others
• Product
  • Insect Repellent Sprays
  • Insect Repellent Lotions & Creams
  • Insect Repellent Oil
  • Insect Repellent Mats
  • Insect Repellent Coils
  • Insect Repellent Liquid Vaporizers
  • Others
• Ingredient
  • Natural Insect Repellents
    • Oil of Lemon Eucalyptus
    • itronella oil
  • Synthetic Insect Repellents
    •  DEET
    • Picaridin
    • Permethrin
    • R3535
• Region
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

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Crucial insights in the Insect Repellent Market research:

• Underlying macro- and microeconomic factors impacting the growth of the Insect Repellent Market Basic overview of the Insect Repellent Market including market definition, classification, and applications.
• Scrutinization of each Insect Repellent Market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Insect Repellent Market across various industries.
• Important regions and countries offering lucrative opportunities to Insect Repellent Market stakeholders.

For More Insights-https://www.prnewswire.com/news-releases/demand-for-threaded-industrial-fasteners-growing-study-301258547.html

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