Mosquito Repellent Bracelet Market to Raise over $300 Million by 2025 at a CAGR of Around 6.5%

Description :

Global QYResearch in its latest report on “Global Mosquito Repellent Bracelet Market (Types: Electric Repellent Watch, Chemical Mosquito Repellent Wristband, Natural Mosquito Repellent Wristband; Application: Adult, Children”, estimate that global market for mosquito repellent bracelet is expected to grow at a significant rate of around 6.5% CAGR and increase the market over $300 Million by 2025.

Currently, consumers in emerged economies are using bracelet made from citronella oil, neem, soybean oil, thyme oil, birch tree bark and other tree based components. Also, rising demand for cost effective and non-toxic components as well as change in preference of customers are some key factors projected to gain the market growth through predicted timeframe. Also, growing R&D activities on the introduction of cheaper and new natural mosquito repellent ingredients is another chief factor driving the overall industry. Additionally, increment in ingredients on the utilization of synthetic based mosquito repellants and ascend in examples of skin hypersensitivities by the utilization of mosquito repellent gels and lotions is further driving the interest for mosquito repellent bracelet produced using characteristic fixings. Expanding populace of mosquitoes is required to support the effect of mosquito borne ailments which is additionally expected to drive the worldwide mosquito repellent bracelet market.

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Increasing Prevalence Of Mosquito Borne Disease To Aid The Market Growth

Among the entire ailment transmitting insects, mosquito is the greatest threat, spreading dengue, malaria, west nile fever, zika virus, and others which are responsible for a few million demises over the globe. Mosquitoes likewise spread deadly ailments, for example, Japanese encephalitis and lymphatic filariasis. Mosquito-borne sicknesses are caused because of the bite of a tainted mosquito. The demand for mosquito repellent bracelet has enlarged due to expanding events of mosquito-borne maladies particularly among the infants and children.

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Regional Stance 

Asia-Pacific is poised to rise swiftly in the global mosquito repellent bracelet market owing to elevated demand for mosquito repellent products in countries such as India and China. Natural components based mosquito repellent bracelet anticipated to impel the market, globally. North America and Europe collectively accounted for more than 40% of the total market share. Moreover, MEA and LA are also estimated to show a optimistic performance in the market in near future.

Key Players

There are loads of player in this industry, most of them are small players and the market is very scattered. Principal players in the market included are Parakito, Runben, babygo, Dabur, Kinven, Shanghai Windtalk Leisure, and Others.

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