Body Worn Insect Repellant Market to Report Steady Growth with Expansion of Distribution Channels

Press Release   •   Jan 04, 2016 04:38 EST

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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