Rising number of vector-borne diseases drives the India Mosquito Repellent Market towards the anticipated growth.
According to TechSci report, “India Mosquito Repellent Market - By Product Type (Coils, Vaporizers, Mats, Sprays, Creams and Others), By Distribution Channel (Retail, Supermarkets/Hypermarkets, Online Sales Channel and Others), By Sector (Organized Vs. Unorganized Sector), By Region, Competition Forecast & Opportunities, FY2027”, India mosquito repellent market has shown promising growth in historical years until FY2020 and is expected to continue its growth in the forecast years FY2022 to FY2027. Rising awareness regarding diseases like dengue and malaria and their precautions is driving the India Mosquito Repellent Market towards its anticipated growth. Government is investing in growing this awareness among the rural population as well and thus, the market might experience an exponential growth in the rural areas of the country along with the urban areas. Moreover, rising disposable income of urban population further drives the India mosquito repellent market towards the anticipated growth in forecast years.
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The report on India Mosquito Repellent market is segmented by product type, distribution channels, sectors, and region. Based on the distribution channel, the segments are retail, supermarkets/ hypermarkets, online sales channel, and others. Indian economy was widely affected by the COVID-19 pandemic that set foot in early FY2021. India Mosquito Repellent market was not untouched, either. While observing the lockdown, consumers were not able to visit multiple distribution channels and could only order online. The online retail is expected to gain major revenue shares thus driving the growth in Indian mosquito repellent market in the forecast yeas. After observing a setback, mosquito repellent market is expected to revisit its growth and show a promising future.
Based on sectors the market is categorized into organized and unorganized. In the historical years, the market for mosquito repellent in India was quite unorganized and manufacturers were bringing latest products into distribution channels in a varied format. In the recent years until FY2020, the market has become organized but still the sales are recorded about 60% from the unorganized sector of the market. Consumers are now more inclined towards herbal and healthier versions of the product. So, manufacturers are involving natural ingredients like thyme oil, neem oil, citronella oil and lemon eucalyptus oil in mosquito repellents.
Major players operating in India Mosquito Repellent Market include Godrej Consumer Product Ltd, Reckitt Benckiser Pvt Ltd., SC Johnson Products Pvt Ltd, Jyothy Laboratories Ltd, Dabur India Ltd, Spectrum Brands Holdings Inc., Herbal Strategi, Coghlan’s Ltd, Quantum Health, Enesis Group, among others. The companies are focusing on extensive research and development activities in order to stay competitive in the market. Other competitive strategies include formation of alliances and partnerships.
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“India Mosquito Repellent market is expected to witness significant growth during the forecast period. India faces large number of vector-borne diseases such as Dengue, Malaria, Chikungunya, annually which increases risks of deaths and illness due to their bite, which is driving the growth of the market.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Mosquito Repellent Market By Product Type (Coils, Vaporizers, Mats, Sprays, Creams and Others), By Distribution Channel (Retail, Supermarkets/Hypermarkets, Online Sales Channel and Others), By Sector (Organized Vs. Unorganized Sector), By Region, Competition Forecast & Opportunities, FY2027” has evaluated the future growth potential of India Mosquito Repellent market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Mosquito Repellent market.