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List of Profitable Business Ideas in Mosquito Repellent and Insect Repellent Industry.

Saturday, April 14, 2018

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List of Profitable Business Ideas in Mosquito Repellent and Insect Repellent Industry.

Production of Mosquito Coils, Mosquito Repellent Candles, Mosquito Repellent Mats & Liquid, Insects Repellent Mat, Liquidators, Lotions, Electronic Mosquito Destroyer, Lotions, Electronic Mosquito Destroyer

 

The mosquito repellent market is one of the rapidly growing vibrant markets in FMCG sector India. Due to increase awareness regarding vector borne disease, the demand for mosquito repellent products like coils, strips, liquid vaporizers, etc. are rising than before, thereby providing high momentum to the Indian Mosquito repellent market. Mosquito Repellent has become a gripping market for new product developments and innovation where producers are trying to convince consumers through aggressive campaign and advertizing that they should adopt mosquito repellent products to improve home hygiene and to be protected from mosquito borne disease.

Wide variety of chemical and natural ingredient based mosquito repellents are being used to keep the mosquitoes away and prevent mosquito-borne diseases such as malaria, dengue, chikungunya, yellow fever, Zika virus, and others.

Growing awareness regarding prevention of mosquitoes, brand awareness, increasing disposable income, growing demand in middle class people and affordable price of mosquito repellent products. The various formats such as coils, mats, liquid vaporizers, sprays, creams, lotions, etc. are driving the segmental market of mosquito repellent market in India.

Over the last decade, India has witnessed robust increase in use of mosquito repellents due to rising incidence of mosquito borne diseases, increasing consumer awareness and growing health concerns. Moreover, Indian consumers are gaining interest in new technologically advanced products, which are less harmful to human health and are herbal in nature. On account of increasing heath concerns, major mosquito repellent players operating in India have also been increasing their focus on introducing new products, like herbal creams, lotions, fabric Roll On and perfumes. These new products are created from plant based extracts that are considered less harmful compared to the chemical based compositions that dominate the India mosquito repellent market. Mosquito repellents market in India is highly competitive, and consequent, companies are increasingly focusing on product diversification to consolidate and expand their market shares.

Insect Repellents

Demand : Past and Future

Year

(Rs. in Billion)

1990-91

2.00

2000-01

10.00

2001-02

11.50

2002-03

13.10

2003-04

14.80

2004-05

16.65

2005-06

18.90

2006-07

21.50

2007-08

24.60

2008-09

28.25

2009-10

32.15

2010-11

33.96

2011-12

35.75

2012-13

37.64

2013-14

39.62

2014-15

41.70

2015-16

44.20

2016-17

46.85

2017-18

49.66

2018-19

52.64

2019-20

55.80

2024-25

77.27

 

India Mosquito Repellent Market has been growing with a CAGR of 4.79% from last five years and is projected to reach new heights by the year 2021 due to rising incidence of vector borne disease in India, growing awareness regarding prevention of mosquitoes, brand awareness, increasing disposable income, growing demand in middle class people and affordable price of mosquito repellent products. The various formats such as coils, mats, liquid vaporizers, sprays, creams, lotions, etc. are driving the segmental market of mosquito repellent market in India.

Global mosquito repellent market was valued at approximately USD 3.20 billion in 2016, is expected to reach around USD 5.00 billion in 2022 growing at a CAGR of around 7.50% between 2017 and 2022.

A mosquito repellent can be either a substance put on skin, clothing or vaporizer, mats, etc. which discourages mosquitoes from landing or crawling on that surface. Female mosquito feeds on blood which helps it to acquire protein, which is important for the development of her eggs. Whenever mosquito bites, she releases saliva into the area where she is feeding. If a mosquito is harboring a pathogen, such as a virus, a protozoan, or a nematode worm, it is possible that she can transmit the pathogen to humans through her saliva.

Global mosquito repellent market is primarily driven by increasing number of mosquito-borne diseases. Other major driving factors for the growth of mosquito repellent market are global warming which aids the breeding of mosquitoes coupled along with increasing demand for such products, especially in developing countries. However, harmful health effects of certain mosquito repellents is a major restraint that may curb the growth of the market. Nonetheless, technological advancements by a number of new players entering into this market, and emerging markets across the globe are likely to disclose the new avenues for mosquito repellent market in the near future.

Mosquito repellent market vendors today are focusing on high-quality packaging that provides utmost safety to consumers so that the chemicals used in the repellents like vaporizers and aerosols do not come in direct contact with skin. Innovations in packaging are driving the growth of the global mosquito repellents market. With more people taking preventive measures against mosquito-borne diseases, vendors in the market have been launching new products and investing in marketing initiatives to promote the use of mosquito repellents.

Rise in Global Temperature

The global temperature of the earth has continued to rise during the past few years and would also increase in coming times owing to rising levels of greenhouse gases in the atmosphere. Hot temperature provides optimum conditions to the mosquitoes to breed and increases their level of activeness. It also provides damp and wet climate in certain regions which also favors in their population’s multiplication. Thus, impact of the rise in global warming would directly impact the growth of mosquito population which would lead into an increase in the penetration of products designed to repel them.

Increasing Awareness

Various key market players coupled with NGOs and local governments have participated into improving the level of awareness amongst people residing in urban and rural areas against various mosquito borne diseases. The impact of rising awareness would foster the demand of world mosquito repellent market owing to increased penetration levels.

Health Vulnerabilities

The health hazards caused from various mosquito repellent products would have a lesser impact on the mosquito repellent market owing to changing consumer preference towards herbal ingredients and product innovation. Key competitive players are introducing products such as wristbands, patches and stickers which do not cause harmful effects over the health. Moreover, creams, sprays and oils produced are inclining towards raw material based on plants. Thus, leading towards lesser health vulnerabilities.

 

List of Small Businesses You Can Start:

MOSQUITO COILS (AUTOMATIC PLANT)

Mosquitoes need to be exterminated using with right tools and little bit of effort. Mosquito coil is mosquito-repelling incense usually shaped into a spiral. Burning usually begins at the outer end of the spiral and progresses slowly toward the centre of the spiral, Read more

MOSQUITO REPELLENT CANDLES

Mosquito repellent candles repel mosquitoes even without being alighted. The mosquitoes, owes to their prominence as a disease carrying pests. Repellents are materials that affect insects and other organism and disrupt their natural behaviour. Read more

MOSQUITO REPELLANT MATS & LIQUID

Repellent may be mildly poisonous or only offensive there by making food or living conditions unattractive for insects. They are used in a variety of ways e.g. poisons barriers for bags & termites, repellents on animals to prevent insect feeding of mosquito repellents & so on. Read more

MOSQUITO INSECTS REPELLENT LIQUIDATOR (VAPOURIZER)

Its season for existence in the market is the omnipresent mosquito, which makes life excruciating difficult for the average Indian during summer and monsoon months. In many ways the primary factor fulling the explosive growth of this market characterized by low brand loyalty and low product involvement has been the availability of cost-effective mosquito repellents. Read more

MOSQUITO COIL AND MATS

Mosquitoes not only suck human blood but also transport disease like malaria. Mosquito coil is used for repelling and killing of insects like flies, mosquitoes etc. It protects human bodies from mosquitoes without coming into direct contract of human body. Read more

 

See more

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https://goo.gl/B22nrp

 

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Tags

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