Market Research Report
Asia Pacific Insect Repellent Market (2019-2025)
|Asia Pacific Insect Repellent Market (2019-2025)|
Published: October 30, 2019
Content info: 73 Pages
Delivery time: 1-2 business days
The Asia Pacific Insect Repellent Market would witness market growth of 6.2% CAGR during the forecast period (2019-2025). The China market dominated the Asia Pacific Insect Repellent Market by Country in 2018, and would continue to be a dominant market till 2025; thereby, achieving a market value of $882.3 Million by 2025, growing at a CAGR of 4.1 % during the forecast period. The India market is expected to witness a CAGR of 7.3% during (2019 - 2025). Additionally, The Japan market is expected to witness a CAGR of 7.6% during (2019 - 2025).
Globally, Malaria incidence rate declined between years 2010 and 2017, from 72 to 59 cases per 1000 population at risk thereby representing an 18% reduction over the period. However, the number of cases per 1000 population at risk has stood at 59 since past 3 years.
WHO South-East Asia geography sustained to observe its incidence rate decline - from 17 cases per 1000 population at risk in year 2010 to 7 in year 2017 (a 59% decline). However, all other remaining WHO geographies registered either minimal progress or an increase in incidence rate.
Similarly in Australia, the government's body Australian Pesticides and Veterinary Medicines Authority (APVMA) provides information on the registered insect repellent products. APVMA promotes the users to purchase only the registered products including Chemical based and natural alternatives.
The body also keeps strict monitoring on the marketed products and check for the compliances laid by the government through various Compliance campaigns and Audits.
APVMA monitoring schedule includes remotely evaluating and visiting holders, product manufacturers, retailer and wholesalers of agvet chemicals. Monitoring compliance supports the APVMA to detect emerging issues and hence to take corrective actions promptly to ensure the protection and safety of people, plants, animals, environment and the market.
In Taiwan, Taiwan's EPA is active as regulatory authority for the products related to chemical repellents for human utilization including mosquito repellents. The companies involved in manufacturing, processing and also importing environmental agents have to now register their products as per the laid guidelines. Previous to March 17, the Taiwan Ministry of Health and Welfare was undertaking the responsibility. The takeover came with the revisions in the Working regulations for environmental agents.
To summarize, most of the counties across geographies have laid their individual regulations to protect and safeguard their environment, humans and animals against the risks on using the various insect repellent products. As a common process, each of the product has to be approved by the respective authority before introducing the same in the market. As a common phenomenon, these regulatories conduct audits for the available products in the market there by promoting only the products with approved ingredients.
The report highlights the adoption of Insect Repellent in Europe region. Based on Insect Type, the market is segmented into Mosquito, Bugs, Fly Repellent and Others. Based on Product Type, the market is segmented into Vaporizers, Spray, Cream and other Products. The report also covers geographical segmentation of Insect Repellent market. The countries included in the report are China, India, Japan, South Korea, Singapore, Malaysia and Rest of Asia Pacific.
Key market participants profiled in the report includes Spectrum Brands Holdings Inc., Reckitt Benckiser Group PLC, Jyothy Laboratories Limited, Godrej Group (Godrej Consumer Products Limited), Dabur India Ltd., Henkel AG & Company, KGaA, S.C. Johnson and Son Inc., Enesis Group, Coghlans Ltd. and Quantum Health, Inc.