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: ETC4474771 | Publication Date: Jul 2023 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Vietnam Mosquito Repellent Market report thoroughly covers the market by type and by distribution channel. The market outlook 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.
Vietnam Mosquito Repellent Market is growing tremendously in the country due to various drivers, like mosquitos borne diseases, climate conditions, and increasing waste from various sectors, leading to a higher mosquito population.ย Furthermore, growing health consciousness among the population with the rising prevalence of numerous diseases, including mosquito-borne diseases, driving the need for mosquito-repellent products.
According to 6Wresearch, the Vietnam Mosquito Repellent Market size is estimated to augment by 6.10% during the forecast period 2023-2029. Mosquito-borne diseases like dengue fever and Zika virus are spreading, this is a prominent driver for the mosquito repellent market. People are increasingly aware of the health risks associated with mosquito bites, encouraging them to use repellent products to prevent their health. Vietnam's tropical climate creates a favourable environment for mosquito breeding. High humidity and rainfall make mosquitoes more prevalent; this increases the number of mosquito repellent products. On the other hand, the market encounters some challenges that create barriers to market growth are offering of counterfeit Products, environmental concerns associated with the chemicals used to manufacture mosquito repellent products, and intense competition in the market leads to price wars. Nevertheless, these challenges cannot impede the market growth to some extent, as there several trends ongoing in the market, which are strengthening the Mosquito Repellent Market industry in Vietnam. Growing health awareness among the population, diversification of products, and increasing introduction of government programmes create awareness about the health risk.
The COVID-19 pandemic had a profound impact on the Vietnam Mosquito Repellent Market which is a part of the Asia Pacific mosquito repellent market. With the virus spread people became more conscious of health, which include the prevention from mosquito-borne diseases like dengue fever and Zika virus. This led to a surge in the demand for mosquito repellent products across the country. however, the lockdown and travel restrictions measures during the pandemic resulted in a reduction in the availability of mosquito repellent products, leading to affected the product sales and simultaneously market revenues.
Below are some leading key players in the market:
These companies are focusing on manufacturing more efficient formulations to attract consumers while killing mosquitos. Moreover, local brands and startups have been entering the market, contributing to increased competition and product diversity.
The market has been growing in the country rapidly on the back of the rising introduction of government policies, strengthening the market. A rise in the risk of mosquito-borne diseases and the importance of mosquito control has also been increasing, hence, the government has introduced certain initiatives encouraging the use of repellent products. Public health campaigns introduced by the government to create awareness among the population about the prevalence of mosquito-borne diseases and the importance of taking preventative measures against them to protect population health. Furthermore, the government has been taking several steps, such is offering affordable mosquito repellents, especially for vulnerable populations. Also, providing subsidies and tax incentives to the manufacturers to widen the production and distribution of repellent products.
According to Nitesh Kumar, Research Manager, 6Wresearch, it is difficult to say which segment is leading as their adoption depends on the consumer preference and effectiveness of the product. Most probably, spray and coil have been traditionally used.
Based on the distribution channel, hypermarkets/supermarkets, and independent stores remain prominent distribution channels for mosquito repellent products. However, online platforms are also witnessing rapid growth as they provide convenience and easy access to customers.
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 Vietnam Mosquito Repellent Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Mosquito Repellent Market Revenues & Volume, 2019 & 2029F |
3.3 Vietnam Mosquito Repellent Market - Industry Life Cycle |
3.4 Vietnam Mosquito Repellent Market - Porter's Five Forces |
3.5 Vietnam Mosquito Repellent Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.6 Vietnam Mosquito Repellent Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4 Vietnam Mosquito Repellent Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Mosquito Repellent Market Trends |
6 Vietnam Mosquito Repellent Market, By Types |
6.1 Vietnam Mosquito Repellent Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Mosquito Repellent Market Revenues & Volume, By Type, 2019 - 2029F |
6.1.3 Vietnam Mosquito Repellent Market Revenues & Volume, By Coil, 2019 - 2029F |
6.1.4 Vietnam Mosquito Repellent Market Revenues & Volume, By Spray, 2019 - 2029F |
6.1.5 Vietnam Mosquito Repellent Market Revenues & Volume, By Cream & Oil, 2019 - 2029F |
6.1.6 Vietnam Mosquito Repellent Market Revenues & Volume, By Vaporizer, 2019 - 2029F |
6.1.7 Vietnam Mosquito Repellent Market Revenues & Volume, By Mat, 2019 - 2029F |
6.1.8 Vietnam Mosquito Repellent Market Revenues & Volume, By Others, 2019 - 2029F |
6.2 Vietnam Mosquito Repellent Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Mosquito Repellent Market Revenues & Volume, By Hypermarkets/Supermarkets, 2019 - 2029F |
6.2.3 Vietnam Mosquito Repellent Market Revenues & Volume, By Independent Stores, 2019 - 2029F |
6.2.4 Vietnam Mosquito Repellent Market Revenues & Volume, By Online, 2019 - 2029F |
6.2.5 Vietnam Mosquito Repellent Market Revenues & Volume, By Others, 2019 - 2029F |
7 Vietnam Mosquito Repellent Market Import-Export Trade Statistics |
7.1 Vietnam Mosquito Repellent Market Export to Major Countries |
7.2 Vietnam Mosquito Repellent Market Imports from Major Countries |
8 Vietnam Mosquito Repellent Market Key Performance Indicators |
9 Vietnam Mosquito Repellent Market - Opportunity Assessment |
9.1 Vietnam Mosquito Repellent Market Opportunity Assessment, By Type, 2022 & 2029F |
9.2 Vietnam Mosquito Repellent Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
10 Vietnam Mosquito Repellent Market - Competitive Landscape |
10.1 Vietnam Mosquito Repellent Market Revenue Share, By Companies, 2022 |
10.2 Vietnam Mosquito Repellent Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |