Mosquito Traps Market Analysis, Size, and Growth (2023-2030)
Mosquito Traps Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 364.62 Million |
Market Size by 2030 | US$ 597.48 Million |
Global CAGR (2022 - 2030) | 6.4% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
COVID-19 Impact:
The COVID-19 pandemic affected almost all industries in various countries. Lockdowns, travel restrictions, and business shutdowns in North America, Europe, Asia Pacific (APAC), South & Central America (SAM), and the Middle East & Africa (MEA) hampered the growth of several industries, including the chemicals & materials industry. The shutdown of manufacturing units disturbed global supply chains, manufacturing activities, delivery schedules, and essential and nonessential product sales. Various companies reported delays in product deliveries and a slump in their product sales in 2020. Due to the pandemic-induced economic recession, consumers became cautious and selective in purchasing decisions. Consumers significantly reduced nonessential purchases due to lower incomes and uncertain earning prospects, especially in developing regions. Many manufacturers of mosquito traps faced declining profits due to reduced consumer demand during the initial phase of the pandemic. However, by the end of 2021, many countries were fully vaccinated, and governments announced relaxation in certain regulations, including lockdowns and travel bans. People started traveling to different places, which increased the demand for mosquito traps. All these factors positively impacted the growth of the mosquito trap market across different regions.
Competitive Landscape and Key Companies:
Woodstream Corp, Inzecto Corp, TNT Mosquito LLC, Novelty Manufacturing Co, Milo Enterprises Inc, Armatron International Inc, Kensizer Inc, Awoco, Shenzhen Tesenni Industrial Co Ltd, and Biogents AG are among the prominent players operating in the global mosquito traps market. These players offer high-quality mosquito traps and cater to many consumers in the global market.