Albany, NY -- (SBWIRE) -- 09/27/2017 -- Transparency Market Research, a global market intelligence firm, has recently published a new market research report made available on the company website. The research study provides a detailed analysis of the global body worn insect repellent market, focusing on the market overview, product segmentation, market drivers and restraints, challenges and opportunities, current market trends, major geographical segments, and competitive landscape of the market. The research report, titled "Body Worn Insect Repellent Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021," also includes the historical data and forecast figures to present a clear picture of the market.
According to the research study, in 2014, the global market for body worn insect repellents was worth US$230 mn and is estimated to reach a value of US$378.3 mn by the end of 2021. The market is projected to exhibit a healthy 7.40% CAGR between 2015 and 2021.
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Growing distribution channels and increasing health awareness are the major factors that are anticipated to fuel the growth of the global market for body worn insect repellents in the forecast period. In addition, the increasing geographical arena is considered as the biggest opportunity for the market players operating in this market. On the other hand, rigid government regulations are expected to hamper the growth of the market in the next few years.
Based on product type, the global market for body worn insect repellents has been divided into apparels, oils and creams, and stickers and patches. In 2014, the oils and creams segment accounted for the largest share in the overall body worn insect repellent market, followed by the stickers and patches segment. This trend is estimated to remain the same in the next few years. The oils and creams segment is sub-classified into synthetic and plant-based oils and creams. In 2014, plant-based oils and creams dominated the global market. Furthermore, the apparel segment is sub-classified into shirts, head nets, trousers, jackets, and others.
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Based on geography, the global market for body worn insect repellents has been classified into Asia Pacific, North America, Europe, and Rest of the World. In 2014, North America dominated the overall market and is expected to remain in the leading position throughout the forecast period. The high growth of the market in this region can be attributed to the growing spread of various distribution channels and easy availability of products on several websites such as eBay, Amazon, and Wal-Mart. Moreover, several major companies are entering into joint venture agreements with online stores so as to increase the sales of their products.
The research study further covers the competitive landscape of the global market for body worn insect repellents, including the company profile, inception details, product portfolio, business policies, financial overview, mergers and acquisitions, if any, and SWOT analysis. Some of the major players operating in the global body worn insect repellent are Insect Shield LLC, Sawyer Products Inc., The Orvis Company Inc., S. C. Johnson & Son, Inc., Mountain Warehouse Ltd., ExOfficio LLC, Reckitt Benckiser Group plc., E.I. du Pont de Nemours and Company, Avon Products Inc., and BASF SE.
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