Market revenue in 2022 | USD 48.7 million |
Market revenue in 2030 | USD 59.5 million |
Growth rate | 2.5% (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 49.69% in 2022. Horizon Databook has segmented the Mexico insect repellent market based on mosquito repellent, bugs repellent, fly repellent covering the revenue growth of each sub-segment from 2017 to 2030.
Mexico's climate and geography create conditions conducive to a high population of insects, including mosquitoes and other biting insects. The country has a diverse range of ecosystems, from tropical rainforests to arid deserts, where insects thrive. As per the Mexico IHR National Focal Point's report, the tally of dengue instances stood at 31,549 by Epidemiological Week 26 of 2023.
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