According to FMI analysis, more than 60% of the mosquito repellent candles market is driven by the developed countries of North America and Europe.
Demand for the Global Mosquito Repellent Candles Market over next decade, market value from US$ 34.4 Mn in 2019 at a CAGR of over 8.7% to reach US$ 67.3 Mn in 2027
According to FMI analysis, more than 60% of the mosquito repellent candles market is driven by the developed countries of North America and Europe.
Increasing demand for new and innovative products containing natural ingredients is likely to give significant growth opportunities to the natural ingredient mosquito repellents candles market in the next few years.
Manufacturers operating in the market are constantly engaged in extensive research and development activities to develop safer products. Examples include conceal candles manufactured by BioSensory Inc. and Yankee Candle Company
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The fumes produced from burning the synthetic mosquito repellent candles is considered toxic after a certain extent. As a result, consumers are demanding for natural ingredient mosquito repellent candles.
The manufacturers of mosquito repellent candles are anticipated to use natural ingredients such as citronella oil, lemongrass, and basil oil. Thus, companies in the mosquito repellent candles market are hugely investing in the formulation of natural products. Therefore, mosquito repellent candles market is expected to register new growth opportunities during the forecast period. The market is projected to rise at a CAGR of ~8.7% between 2019 and 2027, Future Market Insights foresees moderate growth for the market.
Key Takeaways from the Mosquito Repellent Candles Market Study
Who is winning?
Some of the key players operating in the Mosquito Repellent Candles market are Gies-Kerzen GmbH, Yankee Candle Company, Diversam Comaral, Biosensory Inc., Mosquito Naturals, Bite Lite LLC, Murphy’s Naturals, Inc., Spectrum Brands, Inc., Chagrin Valley Soap & Salve Co., Coghlan’s Ltd., Just Makes Scents Candles and Gifts, UCO Gear and others.
Several leading market players are engaged in partnership with other companies to increase their product offering across the world. Moreover, companies are actively participating in the international and regional trade events to promote their products.
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MOSQUITO REPELLENT CANDLES MARKET TAXONOMY
The global mosquito repellent candles market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Aug 12, 2022