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Global Mosquito Coil Market is Projected to Reach 5,040 million US$ by the end of 2025

Author: QYResearch | Publish date: 2018-08-18 | Views: 32
New report published by QY Research which offers insights on the global Mosquito Coil market. The Mosquito Coil market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Mosquito Coil is expected to reflect a 1.5x increase in the revenue growth. In 2017 the global Mosquito Coil market was valued at US$ 3,260 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 5,040 Mn growing at a value CAGR of 5.6% throughout the period of forecast.


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Global Mosquito Coil Market: Market Driver and Restraint

Applications of Mosquito Coil are anticipated to create new business segments in the market. Mosquito Coil is in use for a broad range of Residential products such as market expansion in underdeveloped areas, Zika virus infection in America, Brazil region & others. The companies are focusing on launching products that are launched in few regions. There lies a great opportunity since only a few companies are into this business due to introductory stage of this product market. Mosquito Coil application is developed towards a more active mode.

Manufacturers are exploring the potential of Mosquito Coil in Public Areas. Application of Mosquito Coil in safety improvement and smoke reduce of mosquito coil are gaining traction in the recent years. Recently, manufacturers have started using Mosquito Coil in the Commercial area.


Global Mosquito Coil Market: Key Takeaways

·           On the one hand, Mosquito Coil manufacturers are dedicated to lowering their manufacturing cost; on the other hand, they try to provide more qualified products to customers.

·           Besides, they are trying to broaden the applications of Mosquito Coil such as safety improvement and smoke reduce of mosquito coil.

·           As major suppliers are seeking acquisition to expand global presence, the market concentration is estimated to increase in the coming 5 years.


Global Mosquito Coil Market: Forecast by Nature

This segment includes Ordinary Coil, Smokeless Coil, etc. In terms of volume, Ordinary Coil segment is expected to remain dominant in the global Mosquito Coil market.


Global Mosquito Coil Market: Forecast by Region

Mosquito coils are widely used in Asia, Africa, South America, Canada and Australia. In October 2015, Brazil reported an association between Zika virus infection and microcephaly. Outbreaks and evidence of transmission soon appeared throughout the Americas, Africa, and other regions of the world. To date, a total of 86 countries and territories have reported evidence of mosquito-transmitted Zika infection. Asia Pacific is the dominant market in the global Mosquito Coil market in terms of value. The Asia Pacific Mosquito Coil market was estimated to be valued at US$ 1,466 Mn in 2017 and is expected to expand at a value CAGR of 6.2% over the forecast period. The Africa market is expected to expand at a robust rate of 5.9% in terms of revenue over the forecast period due to the steadily increasing production capacity for market expansion in underdeveloped areas products in this region.


Global Mosquito Coil Market: Key Players

S C Johnson, Manaksia, Coghlan's Ltd, DAINIHON JOCHUGIKU, PIC Corporation, Kapi Limited, Sathaporn Marketing, Sumitomo Chemical (UK), SUMMIT CHEMICAL, Globe Janakantha, Lion-Tiger, PT.Mega Artha Perkasa, Spotless, Hovex, Good Luck, Zhongshan LANJU, Nice-Lizi, etc. are the key vendors included in this report.

The market concentration of Mosquito Coil is medium. The supply and demand relationship in the industry has been stable and modest. Of the 2017 global market, the top 5 companies, account for more than 40.00% of sales. S C Johnson Chemical is by far the leader, followed by Manaksia and Coghlan's Ltd.Key Vendors like DAINIHON JOCHUGIKU, PIC Corporation, and Kapi Limited, also play important part in regional market, so the market share in each region is quite different.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/417985/global-mosquito-coils-sales-market




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