Market revenue in 2022 | USD 186.5 million |
Market revenue in 2030 | USD 315.4 million |
Growth rate | 6.8% (CAGR from 2022 to 2030) |
Largest segment | Mosquito repellent |
Fastest growing segment | Mosquito Repellent |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Mosquito Repellent, Bugs Repellent, Fly Repellent |
Key market players worldwide | Reckitt Benckiser Group PLC, Godrej, Dabur India, Johnson & Johnson, Spectrum Brands Holdings Inc, Henkel AG & Co KGaA, Jyothy Laboratories, Coghlan’s, SC Johnson, Sawyer Products |
Mosquito repellent was the largest segment with a revenue share of 52.65% in 2022. Horizon Databook has segmented the Brazil insect repellent market based on mosquito repellent, bugs repellent, fly repellent covering the revenue growth of each sub-segment from 2017 to 2030.
Insects are a consistent problem in cities and the countryside across Brazil. The rise in the number of mosquitoes, bugs, and flies can be attributed to rapid urbanization in the country. According to URBANET, as of 2020, 89% of Brazil’s entire population lives in urban areas, while 6% live in favelas.
There were 37 medium-sized cities with this population size, 19 cities with a population of one to five million, and two urban settlements with 10 million or more inhabitants. The seven largest cities in Brazil will become even bigger by 2030.
Furthermore, Brazil's tropical climate and diverse ecosystems create favorable conditions for the spread of disease-carrying insects, such as mosquitoes. Vector-borne diseases like dengue, Zika, chikungunya, and malaria pose a significant health risk to the population. This increased threat has increased the demand for insect repellents that prevent vector-borne diseases.
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