LOS ANGELES, BEIJING, LONDON and PUNE, India, August 27, 2018 /PRNewswire/ --
QY Research has come up with a brand-new report titled, "Global Mosquito Products and Services Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025," for the forecasted period
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According to the report, in the year 2017, the global market for mosquito products and services was valued at more than US$ 4140 Mn and is expected to reach more than US$ 6750 Mn by 2025. The worldwide mosquito products and services market is likely to expand at a CAGR 6.3 % during the period of assessment. The global mosquito products and services market is likely to show 1.6X growth in revenue growth during the estimated period.
The global mosquito product and services market has seen a positive growth since past few years. This market is shaping up as one of the leading competitive markets at a global level. Increasing awareness of consumers, rising media coverage, and entry of various brands across the world are some of the factors which are driving the growth of global mosquito products and services market.
Global Mosquito Products and Services Market: Drivers
One of the most significant factors, which is driving the growth of global mosquito products and services market is rising in the incident of mosquito-borne diseases. Since past few years, the demand for various products such as mosquito repellents, which include mats, coils and creams has increased remarkably due to the outbreak of dengue, Zika virus and malaria. The impact of mosquito-borne diseases is expected to increase in near future due to increasing population which is likely to increase the demand of mosquito products and services.
The rise in temperature is the matter of concern across the globe. Hot temperature provides a suitable atmosphere to grow their breeds and raise the level of their activeness. Besides wet and damp climate in the certain region is also responsible for the growth of the population of mosquitos. This growth is expected to bring more effective mosquito repellents in the global market.
Another factor that is creating a positive impact on the worldwide market for mosquito products and services is increasing awareness among people regarding mosquito-borne diseases. Several leading players along with Non-Governmental Organizations (NGOs) and local government have now started participating in various awareness programs to make the urban and rural population aware about the different mosquito-borne diseases. All these above-mentioned factors are positively impacting the global mosquito products and services market.
Global Mosquito Products and Services Market: Forecast by Mosquito Repellent
This segment is classified into two parts i.e. by data and by the application. By data is sub-segmented into creams, coils, aerosols, mats and others, while by application is further segmented into rural and urban. Mosquito repellent segment is likely to exhibit the CAGR of 7.81 % over the forecasted period of 8-years. This segment is predicted to attain the value of US$ 2168 Mn by 2025 end. By application, coil segment is the largest segment in mosquito repellent due to increasing preference of consumers to the coils over creams and mats.
Global Mosquito Products and Services Market: Forecast by Mosquito Killer
On the basis of mosquito killer, the global mosquito products and services market is segmented into application and type. The application segment is sub-segmented into commercial and residential, while the data segment is further segmented into physical mosquito killer and chemical formula mosquito killer segment. Based on application, the residential/ commercial segment is likely to grow at the fastest rate. (Please give information which is the largest segment by application and its market share).
Global Mosquito Products and Services Market: Forecast by Mosquito Control Products
Based on mosquito control products, the global mosquito products and services market is segmented into application and type. The type segment consists of Adulticides and Larvicides, while application segment includes residential, government and commercial segments. Mosquito control products segment is projected to grow at US$ 403.9 Mn in 2025 from US$ 290.58 Mn in 2017. This segment is likely to expand at the CAGR of 4.18 % during the forecasted period.
Global Mosquito Products and Services Market: Forecast by Mosquito Control Services
This segment is mainly divided into by type and by application segments. By type, the segment is sub-segmented into regular service and one-time service, while application segment is further segmented into government, commercial and residential. Mosquito control services market is projected to grow at US$ 806.56 Mn in 2025 from US$ 502.17 Mn in 2017. This segment is likely to expand at the robust CAGR of 6.10 % during the forecasted period.
Global Mosquito Products and Services Market: Regional Analysis
Presently, global shipping containers market covers regions such as Asia Pacific, North America, Middle East and Africa, Latin America and Europe. Among all North America is likely to dominate the global market for mosquito products and services for the predicted period and is forecasted to capture major market share of the global market.
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Global Mosquito Products and Services Market: Leading Players
The key players in the market are classified according to segments. Massey Services, Rollins, Ecolab, Rentokil Initial, Terminix and Anticimex are some of the key player operating in the mosquito control services.
In mosquito control products segment Univar, Bayer Environmental Science, Summit Chemical (AMVAC), Valent BioSciences, BASF, Clarke, and Central Life Sciences are some of the companies operating in the last few years.
Koolatron, KAZ-Stinger, PHILIPS, Armatron International-Flowtron, Aspectek, Woodstream Corporation-Mosquito Magnet, and Thermacell Repellents are some of the leading players functioning in the mosquito killer segment.
The competitive landscapes operating in mosquito repellent market are Avon, SC Johnson, Godrej Household, Spectrum Brands, Zhongshan LANJU, Reckitt Benckiser, and 3M.
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