Market Forecast By Type (Coil, Spray, Cream & Oil, Vaporizer, Mat, Others), By Distribution Channel (Hypermarkets/Supermarkets, Independent Stores, Online, Others) And Competitive Landscape
Product Code: ETC4474773 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Bangladesh Mosquito Repellent Marketย |
Forecast period | 2024-2030 |
CAGR | 7.5% |
Growing Sector | Household and personal care |
Bangladesh Mosquito Repellent Market report thoroughly covers the market By Type and By Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh mosquito repellent market is experiencing significant growth due to the country's tropical climate and the prevalence of mosquito-borne diseases such as dengue and malaria. This sector is witnessing a surge in demand for a variety of repellent products including creams, sprays, and electronic devices. The market is competitive, with both local and international brands vying for consumers' attention. Innovations aimed at safety, effectiveness, and convenience, such as natural ingredient-based repellents and long-lasting formulas, are becoming key differentiators. Additionally, public health campaigns and increased awareness about disease prevention are driving consumer interest in mosquito repellent solutions.
According to 6Wresearch, the Bangladesh Mosquito Repellent Market size is projected to register a CAGR of 7.5% during the forecast period of 2024-2030. One of the major drivers for this market is the high incidence of mosquito-borne diseases in Bangladesh, such as dengue fever and malaria. This has led to a higher demand for mosquito repellent products that effectively protect against mosquitoes and reduce the risk of these diseases. Furthermore, with increasing awareness about personal hygiene and health among the population, there is a growing demand for safe and effective mosquito repellent products. Consumers are becoming more conscious of the potential harmful effects of chemical-based repellents and are opting for natural or organic alternatives. This trend is expected to drive the growth of the mosquito repellent market in Bangladesh. Moreover, with a growing population and rising urbanization, there has been an increase in demand for convenience products, including mosquito repellents. The availability of various types of repellent products such as sprays, creams, coils, and electronic devices also contributes to the growth of this market.
However, the Bangladesh mosquito repellent market also faces some challenges, such as the availability of low-quality and counterfeit products in the market. This can affect consumer trust and hinder market growth. Additionally, fluctuations in raw material prices and government regulations on the use of certain chemicals in repellent products can also impact this market.
One of the major players in the Bangladesh mosquito repellent Industry is Godrej Consumer Products Limited, a leading Indian player known for its popular brand Good Knight. The company offers a range of mosquito repellent products including coils, sprays, and electronic devices. Another significant player is Reckitt Benckiser, a British multinational company that manufactures and distributes mosquito repellent products under its popular brand Mortein. The company offers a variety of products such as coils, aerosol sprays, and liquid vaporizers. ACI Limited is another leading player in the Bangladeshi market with its popular brand ACI Mosquito Coil. The company also offers other mosquito repellent products like aerosol sprays and liquid vaporizers. Other key players in the market include SC Johnson, Dabur International Ltd., and Herbal Strategi. These companies are actively involved in product innovation and marketing strategies to maintain their position in the highly competitive market.
The Bangladesh government has taken several initiatives to control the spread of mosquito-borne diseases by promoting the use of mosquito repellents. The Ministry of Health and Family Welfare has collaborated with various organizations to distribute free mosquito repellent coils and sprays in high-risk areas. The government has also implemented a program called "Bangladesh Cleanliness Movement" to create awareness about maintaining cleanliness and using mosquito repellents. In addition to this, the Bangladeshi government has set up a National Malaria Control Program to prevent and control malaria. The program includes initiatives for mass distribution of insecticide-treated bed nets and promoting the use of mosquito repellents in high-risk areas. Furthermore, the government has imposed regulations on manufacturing and importing mosquito repellent products to ensure their quality and effectiveness. These government initiatives are expected to drive the Bangladesh Mosquito Repellent Market Growth.
The Mosquito repellent market in Bangladesh is expected to witness significant growth in the future due to increasing awareness about mosquito-borne diseases and government initiatives promoting the use of mosquito repellents. The rising demand for natural and eco-friendly products is also expected to drive the market growth as consumers become more conscious about the potential harmful effects of chemical-based products. In addition, the development of innovative and technologically advanced mosquito repellent products is anticipated to further boost market growth. With a growing population and increasing urbanization in Bangladesh, the demand for mosquito repellents is expected to rise, providing opportunities for new players to enter the market. The rising disposable income of consumers is also expected to contribute to the growth of the market as people are willing to spend on premium mosquito repellent products. Overall, the future of the Bangladesh mosquito repellent market looks promising with various factors supporting its growth.
It is expected that the spray segment will witness the highest growth in the mosquito repellent market in Bangladesh. This can be attributed to its convenience and ease of use, making it a popular choice among consumers.
According to Dhaval, Research Manager, 6Wresearch, the mosquito repellent market in Bangladesh is primarily dominated by hypermarkets/supermarkets and independent stores. However, with the increasing popularity of online shopping, the online distribution channel is expected to witness significant growth in the coming years.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Mosquito Repellent Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Mosquito Repellent Market Revenues & Volume, 2020 & 2030F |
3.3 Bangladesh Mosquito Repellent Market - Industry Life Cycle |
3.4 Bangladesh Mosquito Repellent Market - Porter's Five Forces |
3.5 Bangladesh Mosquito Repellent Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Bangladesh Mosquito Repellent Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 Bangladesh Mosquito Repellent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Mosquito Repellent Market Trends |
6 Bangladesh Mosquito Repellent Market, By Types |
6.1 Bangladesh Mosquito Repellent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Mosquito Repellent Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 Bangladesh Mosquito Repellent Market Revenues & Volume, By Coil, 2020 - 2030F |
6.1.4 Bangladesh Mosquito Repellent Market Revenues & Volume, By Spray, 2020 - 2030F |
6.1.5 Bangladesh Mosquito Repellent Market Revenues & Volume, By Cream & Oil, 2020 - 2030F |
6.1.6 Bangladesh Mosquito Repellent Market Revenues & Volume, By Vaporizer, 2020 - 2030F |
6.1.7 Bangladesh Mosquito Repellent Market Revenues & Volume, By Mat, 2020 - 2030F |
6.1.8 Bangladesh Mosquito Repellent Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 Bangladesh Mosquito Repellent Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Mosquito Repellent Market Revenues & Volume, By Hypermarkets/Supermarkets, 2020 - 2030F |
6.2.3 Bangladesh Mosquito Repellent Market Revenues & Volume, By Independent Stores, 2020 - 2030F |
6.2.4 Bangladesh Mosquito Repellent Market Revenues & Volume, By Online, 2020 - 2030F |
6.2.5 Bangladesh Mosquito Repellent Market Revenues & Volume, By Others, 2020 - 2030F |
7 Bangladesh Mosquito Repellent Market Import-Export Trade Statistics |
7.1 Bangladesh Mosquito Repellent Market Export to Major Countries |
7.2 Bangladesh Mosquito Repellent Market Imports from Major Countries |
8 Bangladesh Mosquito Repellent Market Key Performance Indicators |
9 Bangladesh Mosquito Repellent Market - Opportunity Assessment |
9.1 Bangladesh Mosquito Repellent Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Bangladesh Mosquito Repellent Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 Bangladesh Mosquito Repellent Market - Competitive Landscape |
10.1 Bangladesh Mosquito Repellent Market Revenue Share, By Companies, 2023 |
10.2 Bangladesh Mosquito Repellent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |