Impact of COVID-19 on insect repellent active ingredients market

The global insect repellent active ingredients market is estimated to be valued at USD 884 million in 2021 and is projected to reach USD 1,361 million by 2026, recording a CAGR of 9.0%, in terms of value.

The growth in consumption of insect repellent products, growth in households, increasing vector borne diseases, and implementation of innovative animal husbandry practices to protect the animals from insect infections have led to the increased consumption of insect repellent active ingredients.

Download PDF Brochure

Impact of COVID-19 on insect repellent active ingredients market


The outbreak of COVID-19 has brought serious medical, social, and economic challenges. Where the medical community is focused on developing successful diagnostic and medical treatment, the insect repellent industry is also focused on manufacturing innovative products for humans and animals to protect them from insect infections.

Owing to the increasing COVID-19 pandemic outbreak in various regions/countries, the insect repellent active ingredients market in 2020 was observed to witness a decline due to the lockdowns in various countries, closure of the international borders, and delay in cross border transit that has led to supply chain hindrances. 

The social distancing and the other measures taken by the regional governments limit the number of people who can work together in small areas. Thus, the decline in 2020 in the insect repellent active ingredients market growth was mainly due to the major impact of the COVID-19 pandemic. Gradually, as the restrictions of the government measures are likely to relax, the market for insect repellent active ingredients would witness a slight increment in the upcoming years till 2026.

Make an Inquiry

Leading companies are BASF SE (Germany), Spectrum Brand Holdings Inc. (US), Reckitt Benckiser Group PLC (UK), Henkel AG & Co KGaA (Germany), MERCK Group (Germany), S C Johnson & Sons Inc. (US), Dabur (India), Godrej Group (India), PT Herlina Indah (Indonesia), Sawyer (US), BUGG Products LLC (US), Coghlan’s (Canada), Vertellus (US), Tropical Labs LLC (US), PelGar International (UK), Clariant AG (Switzerland), Lanxess (Germany), Sumitomo Chemical (UK) PLC (UK), Cetrefine International Limited (UK), Jiangsu Panoxi Chemical Co. Ltd (China), Qingdao Benzo New Materials Co. Ltd (China), Hefei TNJ Chemical Industry Co. Ltd (China), NK Chemiosys Pvt. Ltd. (India), and Shorgun Organics Ltd. (India).

Comments

Popular posts from this blog

Global Bottled Water Processing Market: Key Trends and Insights by 2028

Growth Trends and Opportunities in the Global Edible Oils Market

Beer Processing Market Analysis and Global Forecast to 2025