Fly Repellent Market Forecast 2023-2031 – Market Size, Drivers, Trends, And Competitors

Posted on 2024-03-29 by Transparency Market Research in Advertising // 0 Comments

Wilmington, United States, 2024-Mar-01 — /EPR Network/ — In recent years, the global fly repellent market has witnessed significant growth, driven by the escalating prevalence of vector-borne diseases and the introduction of innovative products. This market, valued at US$ 2.7 billion in 2022, is projected to expand at a compound annual growth rate (CAGR) of 5.6%, reaching US$ 4.4 billion by 2031. The rise in vector-borne illnesses, coupled with the launch of novel repellent solutions, has propelled the demand for fly repellents across various regions worldwide.

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Key Players and Market Developments

S.C. Johnson & Son, Inc., Reckitt Benckiser Group Plc, Godrej Consumer Products Ltd., Spectrum Brands, Inc., The Avon Company, Coghlan’s, ExOfficio LLC, Homs LLC, PIC Corporation, and 3M are key players operating in this fly repellent industry.

Analyst Viewpoint:

One of the primary factors fueling the growth of the fly repellent market is the surge in vector-borne diseases, imposing significant health and financial burdens, particularly in low- and middle-income countries. In response to this challenge, vendors are focusing on developing long-lasting repellents effective against disease-carrying insects. Furthermore, the preference for natural ingredient-based repellents is gaining momentum due to their human-friendly characteristics, compared to conventional options containing chemicals like DEET or picaridin.

Market Introduction:

Fly repellents play a crucial role in preventing and controlling the outbreak of insect-borne diseases such as leishmaniasis, malaria, and dengue fever. These repellents typically contain active ingredients like DEET, picaridin, IR3535, or natural extracts such as oil of lemon eucalyptus. While they do not aim to eliminate insects, they effectively deter them, thus mitigating the risk of bites and disease transmission. Available in various forms such as sprays, creams, or wipes, fly repellents can be applied to both skin and clothing.

Drivers:

The rise in vector-borne diseases, including the alarming spread of leishmaniasis and malaria, is a significant driver for the fly repellent market. With no vaccine currently available for diseases like leishmaniasis, the importance of fly repellents in disease prevention cannot be overstated. Additionally, the approval and launch of new products, exemplified by Zevo’s On-Body Mosquito and Tick Repellent, endorsed by Parent Tested Parent Approved (PTPA), are accelerating market growth, providing consumers with effective and trusted solutions.

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Regional Outlook:

Asia Pacific emerges as the leading region in the fly repellent market, driven by the high prevalence of vector-borne diseases. Countries like India, grappling with tuberculosis and other infectious diseases transmitted by flies, witness substantial demand for fly repellents. The World Health Organization (WHO) reports underscore the severity of the situation, with India alone recording millions of tuberculosis cases annually, further emphasizing the critical need for effective repellent solutions in the region.

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