A recent statement by the U.N., warning against the spread of Zika virus in Southern Europe on account of the increasing mosquito influx, has increased the concerns among European citizens over Zika and other diseases caused by mosquito bites such as malaria and dengue. This factor is emerging as the biggest growth driver of the market for mosquito repellant candles in Europe.
According to a research study published by Transparency Market Research (TMR), a market intelligence and research firm, the Europe mosquito repellant candles market gained a total value of US$1.3 in 2014. Analysts at TMR expect this market to rise at a CAGR of 6.30% during a period from 2015 to 2021 and reach a value of US$2.1 mn by the end of 2021. The market produced a total of 2.5 mn units in 2014 and is likely to raise its production to 3.8 mn units by the end of 2021, rising at a CAGR of 6.0% between 2015 and 2021.
France to Retain Leadership in Europe Mosquito Repellent Candles Market
In 2014, France dominated the market for mosquito repellent candles in Europe with a share of 30% in the market. The rapid climatic changes in France has increased the spread of mosquitos-borne diseases by providing favorable breeding conditions to them, which in turn, has propelled the demand for mosquito repellent candles extensively in this country. The trend is likely to continue over the period from 2015 to 2021, during which, the mosquito repellent candles market is expected to report a CAGR of 6.30% in the country.
The mosquito repellent candles market in the Rest of Europe is also expected to post steady growth in the coming years. Spain and Italy are likely to emerge as the leading domestic markets for mosquito repellent candles in this region.
- The increasing incidence of mosquito-borne diseases in Europe is likely to propel the demand for mosquito repellent candles greatly over the next few years.
- The rising concerns over the high carbon content in these repellant candles are, however, are likely to restrict their demand in this region to a certain extent in future.
Diversam Comaral, Gies-Kerzen GmbH, Bite Lite, Coghlan’s Ltd., Biosensory Inc., Yankee Candle Co., and Guangzhou Tiger Head Battery are some of the major mosquito repellant candles manufacturers in Europe.