Published: Jun, 2016
A new Transparency Market Research report states that the Europe mosquito repellent candles market stood at US$1.3 mn in 2014 and is anticipated to reach US$2.1 mn by 2021. It is poised to rise at a 6.30% CAGR from 2015 to 2021. The title of the report is “Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021.”
Browse the full Mosquito Repellent Candles Market - Europe Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 report at https://www.transparencymarketresearch.com/europe-mosquito-repellent-candles-market.html
Mosquito repellent candles are utilized for discouraging these insects from landing on the skin of human beings. Thus, these candles also control or prevent the diseases caused by mosquitoes. These diseases include yellow fever, dengue fever, chikungunya, zika fever, and bunyamwera fever. Certain oils in these candles help in warding off mosquitoes owing to the smoke produced by these candles. Mosquito repellent candles possess a huge potential for development in comparison to other mosquito repellent products present in the market such as liquids, coils, incense sticks, and creams.
Mosquito repellent candles release less dirt and smoke in comparison to other mosquito repellent products. Hence, a number of consumers residing in Europe are showing a preference for these candles. The market held a small share in previous years in Europe owing to the soaring costs of these candles as compared to other kinds of mosquito repellent products. However, this market is poised to grow in the forecast horizon due to the increasing consumer awareness and the establishment of strong distribution channel within this region.
In addition, the increasing temperatures in Europe are resulting in the rising occurrence of tiger mosquitoes, thus augmenting the development of the market. On the other hand, paraffin wax on burning produces soot and may cause ill effects on the health of human beings if inhaled. This may impede the growth of the market in Europe in forthcoming years.
On the basis of raw material, the report segments the mosquito repellent candles market in Europe into citronella oil, eucalyptus oil, andiroba oil, basil oil, and others. Of these, citronella oil is majorly utilized in the making of these candles. Citronella is extracted from the leaves and stem of lemongrass and is a natural mosquito repellent. It is expected to maintain its dominance throughout the forecast horizon.
By country, the report segments the market into France, Italy, Spain, Portugal, Hungary, and Rest of Europe. Amongst these, France led the Europe mosquito repellent candles market in 2014 and constituted a share of over 30%. It is predicted to expand at a 6.30% CAGR between 2015 and 2021. This country is predicted to maintain its superiority throughout the forecast horizon. Italy and Spain followed France and collectively held the second-largest share in the market in the same year and will continue to rank second all through the forecast period.
According to the report, the major players operating in the mosquito repellent candles market in Europe are engaging in joint ventures and partnerships, mergers and acquisitions, and product innovations by conducting a number of research and development activities. Some of these players are Diversam Comaral, Gies-Kerzen GmbH, Yankee Candle Company, Biosensory Inc., and Bite Lite LLC, among others.
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
Europe Mosquito Repellent Candles Market by Country
- Rest of Europe
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