Published on : May 04, 2016
The global insect repellent market is one of the fastest growing markets in the global consumer goods industry. With the advent of technology and with increasing government spending towards research and development activities, leading players in the global insect repellent market are able to introduce new products to help people prevent insect-borne diseases. Over the past few years, the number of people suffering from insect-borne diseases has gone up. Consumers prefer buying various insect repellent products such as stickers and patches, oils and creams, and apparels to protect themselves from various incest-borne diseases.
Why are Insect Repellents in Demand?
Nowadays, all leading manufacturers are concentrating on introducing innovative and safe insect repellents in the global market. The new products are expected to provide safety and protection from many insect-borne diseases.
Going forward, stringent rules and regulations are predicted to hamper the growth of the global insect repellent market. However, thanks to the advancements in the technology, manufacturers are able to manufacture and introduce insect repellents made from natural ingredients and products such as eucalyptus oil, lemongrass, and citronella oil. The rising demand for new, naturally made insect repellents is expected to contribute towards the growth of the global insect repellent market in the years to come.
The rising health awareness among people is predicted to benefit the global insect repellent market in the near future. The growth of the global market for insect repellents is definite due to the entry of new companies. As new companies enter the global market, their focus would be on introducing new products. Changes in the lifestyle of people coupled with increasing spending capacity are expected to reflect in the growing consumption of premium healthcare products. Going forward, the demand for oil and cream based insect repellents is expected to be the highest in the global market.