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South East Asia Mosquito Repellent Market: Opportunities and Forecast (2019-2024)

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Pune, India -- (SBWIRE) -- 12/11/2019 -- Mosquito Repellent Market:

Executive Summary

Mosquito Repellents are the type of products used to kill and keep away mosquitos and some other insects. The rapid increase in mosquito-borne diseases has been witnessed in south-east Asian markets owing to which the market is expected to see massive growth for the forecasted years. The growing awareness and rising personal healthcare expenditure, are most likely to become a major factor for market growth. Furthermore, immense growth has been seen in the patients suffering from mosquito-transmitted diseases, seeing that, the south-east Asia mosquito repellent market is anticipated to witness a huge growth in the forecasted period.

In addition to that, a vast number of manufacturers and the wide availability of the products has made it easy for consumers to use it at full scale. This factor is predicted to play a major role in market growth. The continuous support from the government and administration for people aware of the benefits of using mosquito repellents and to exterminate the dangerous mosquito-borne diseases is likely increases the demand and boost market growth. As per the report by the World Health Organization (WHO), mosquito-borne diseases like chikungunya, dengue, and Malaria has caused more than four lacks deaths all over the world. More than half of the population lives in the presence of mosquitoes due to which the market is expected to expand rapidly.

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Competitive Landscape

Key players in the industry are expected to work on various product types, with flavoured fragrance to stay competitive in the global market. Growing investment in many of the developing countries in South Asia is expected to play a major role in the market.

Company Analysis – Godrej Consumer Products Ltd, S. C. Johnson & Son Inc, Spectrum Brands Holdings Inc, Reckitt Benckiser, and Henkel AG & Company KGaA

Market Segmentation

Southeast Asia mosquito repellent market is segmented into various factors mainly based on it, product type, and distribution channel. On the basis of product type, the market is segmented into coils, liquid vaporizers, sprays, aerosol, mats, cream, oil and others. Coils and sprays are most likely to get the largest share of the market due to wide application and ability to be effective on every part of the house followed by creams. Mosquito repellent creams are growing rapid popularity for kids and adults going outside places where mosquitos can't be controlled, like schools and parks.

Based on the distribution channel, themosquito repellent market is bifurcated into a large retail store, small retail store, speciality store, hypermarket & supermarket and online stores. Because of being the largest chain, hypermarket and supermarket are expected to have a major share in the market followed by a small retail store. With growing technology, the online market for household items has also been emerged in the last few decades and expected to have a considerable share in the market.

Regional Analysis

Based on regions in south-east Asia, the entire market is expected to have major shares in countries like Singapore, Indonesia, Thailand, Malaysia, Vietnam, Myanmar, and the rest of south-east Asia. Due to being a favourite place for investors, Singapore is expected to dominate the market followed by Malaysia due to environment. Because of increasing health awareness, the rest of south-east Asia is expected to have a significant share in the market as well.

Continuous…

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