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Europe Mosquito Repellent Candle Market Thrives as Consumers Prefer Candles due to their Benefits over Other Repellents, Says TMR

Posted on Feb 26, 2016

The Europe mosquito repellent candles market is led by companies that are engaged in intensive research and development to differentiate their products, observes Transparency Market Research in a research report. Companies such as Gies-Kerzen GmbH Germany, Yankee Candle Company, Diversam Comaral, Biosensory Inc., Guangzhou Tiger Head Battery Group, Coghlan’s Ltd., and Bite Lite LLC are working towards developing products that are safe for the environment and for human health to win a bigger share in the market. Furthermore, efforts to make candles from natural substances as far as possible is also expected to help this market gain a competitive edge over other players in the near future. 

According to the research report published by Transparency Market Research, the Europe mosquito repellent candle market is expected to be worth US$2.0 bn by the end of 2021 rising from US$1.3 bn in 2014. Between 2015 and 2021, the overall market is expected to expand at a CAGR of 6.3%. Out of all the countries, France will take the lead in the Europe mosquito repellent candle market. This country-specific market is expected to rise at a CAGR of 6.3% between 2015 and 2021 due to a larger population base and geographical area. During the forecast period, citronella candles will form the prime segment as it expands at a CAGR of 6.0% in terms of revenue. Reasonable pricing of these candles will keep their demand at a significant high in the forthcoming years.

Advantages of Mosquito Repellent Candles over Conventional Products Drives Market Growth

The outbreak of Zika virus and the possibility of other mosquito-related diseases have been the primary concerns driving the Europe mosquito repellent candles. Amongst the various categories of mosquito repellents, mosquito repellent candles are gaining substantial momentum as consumers are realizing their benefits over other products. The prime advantage of mosquito repellent candles is that they emit less smoke and dirt as compared to liquids and coils. Furthermore, these candles do not contain any chemicals as they are made from essential oils or extracts of natural repellents such as citronella, basil, eucalyptus, and andiroba.

The emergence of mosquitoes as a threat to human and animal life since Zika has prompted the government and private sector to take up an assertive stand. Thus, the campaigns and promotional activities to avert mosquito-borne diseases are also boosting the sales of mosquito repellent candles across Europe. Consumers are investing in high-quality mosquito repellent candles in order to prevent health hazards that can be caused by malaria and dengue mosquitoes.

Harmful Effects of Carbon Content Threatens Overall Market

The high cost of candles is a key factor discouraging the market from achieving its full potential. Additionally, the availability of alternatives to repel mosquitoes is expected to hamper the Europe mosquito repellent candles market in the near future.

The high carbon content in mosquito repellent candles is expected to discourage consumers from purchasing these. Furthermore, the health hazards of inhaling soot that is left behind after paraffin wax burns are hampering the market growth. The unnecessary exposure to lead, which is used to make candle wicks, is also anticipated to restrain consumers from purchasing these candles in the near future.

This review has been published on the basis of Transparency Market Research’s research report, titled “Mosquito Repellent Candles – Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021”.

Key Takeaways:

  • The Europe mosquito repellent candle market is expected to reach US$2089.91 mn by the end of 2021
  • Citronella candles segment expands at a CAGR of 6.0%
  • France leads the overall market during the forecast period due to larger population base

The report segments the mosquito repellent candles market as:

Europe Mosquito Repellent Candles Market by Raw Material Type:

  • Citronella Oil
  • Eucalyptus Oil
  • Andiroba Oil
  • Basil Oil
  • Others

Europe Mosquito Repellent Candles Market by Country

  • France
  • Italy
  • Spain
  • Portugal
  • Hungary
  • Rest of Europe

Browse : Our new press releases http://www.transparencymarketresearch.com/pressrelease/europe-mosquito-repellent-candles-industry.htm

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