Mosquito Repellent Market
In-depth analysis of the market segmentation assists to determine the prevailing mosquito repellent market opportunity.
PORTLAND, UNITED STATES, UNITED STATES, October 10, 2020 /EINPresswire.com/ — According to the report, the global mosquito repellent market garnered $4.1 billion in 2020, and is estimated to reach $6.0 billion by 2027, registering a CAGR of 5.6% from 2020 to 2027.
Drivers, restraints, and opportunities-
Rise in incidences of mosquito borne diseases, increase in health concerns and literacy levels, and cost efficiency of mosquito repellent products drive the growth of the global mosquito repellent market. However, fake mosquito repellents flooded in the city markets hinders the market growth. On the other hand, increase in the demand of herb-based repellents, aggressive marketing, and positioning strategies are anticipated to offer new opportunities in the coming years.
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