South Korea Insect Repellent Market Size & Outlook
South Korea insect repellent market, 2017-2030 (US$M)
Related Markets
South Korea insect repellent market highlights
- The South Korea insect repellent market generated a revenue of USD 100.2 million in 2022 and is expected to reach USD 182.2 million by 2030.
- The South Korea market is expected to grow at a CAGR of 7.8% from 2023 to 2030.
- In terms of segment, mosquito repellent was the largest revenue generating insect type in 2022.
- Mosquito Repellent is the most lucrative insect type segment registering the fastest growth during the forecast period.
Insect repellent market data book summary
| Market revenue in 2022 | USD 100.2 million |
| Market revenue in 2030 | USD 182.2 million |
| Growth rate | 7.8% (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 |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.1% of the global insect repellent market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China insect repellent market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 610.7 million by 2030.
Mosquito repellent was the largest segment with a revenue share of 48.9% in 2022. Horizon Databook has segmented the South Korea insect repellent market based on mosquito repellent, bugs repellent, fly repellent covering the revenue growth of each sub-segment from 2017 to 2030.
South Korea remains consistently vulnerable to mosquito-borne illnesses, with instances of conditions like malaria and Japanese encephalitis transmitted by mosquitoes. Nevertheless, regions like Seoul Metropolitan City exhibit distinct mosquito occurrence patterns compared to natural settings due to various factors like landscape, land utilization, weather conditions, and mosquito control measures.
Amidst the surge in vector-borne diseases, market participants within the country are responding with proactive measures, including the initiation of awareness campaigns. In July 2022, Henkel Korea, a homecare solutions manufacturer, for the consecutive year, announced the launch of Zero Mosquito Campaign, an awareness initiative in collaboration with the Korean Red Cross, focusing on educating about the hazards posed by mosquitoes.
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Insect Repellent Market Scope
Insect Repellent Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea insect repellent market size, by insect type, 2017-2030 (US$M)
South Korea Insect Repellent Market Outlook Share, 2022 & 2030 (US$M)
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