At 4.2% CAGR, the South & Central America Mosquito Traps Market is Projected to be worth US$ 40.09 million by 2030, says Business Market Insights

According to Business Market Insights research, the South & Central America mosquito traps market was valued at US$ 28.90 million in 2022 and is expected to reach US$ 40.09 million by 2030, registering a CAGR of 4.2% from 2022 to 2030. Rising preference for environment-friendly mosquito control method and growing government initiatives and awareness campaigns are the critical factors attributed to the South & Central America mosquito traps market expansion.

According to the World Health Organization, over 700 thousand deaths were recorded worldwide as of March 2020 due to diseases such as malaria, dengue, schistosomiasis, human African trypanosomiasis, leishmaniasis, Chagas disease, yellow fever, Japanese encephalitis, and onchocerciasis, generally spread by mosquitoes. The prevalence of mosquito-borne diseases differs as per the geographic location due to climate change, public health interventions, and vector control efforts. The rising awareness regarding health concerns associated with mosquito infestation has positively influenced the use of mosquito control methods. A few mosquito control methods include the use of larvicides, insect repellents, mosquito repellents, and mosquito traps. However, insecticides contaminate the environment, including soil and water bodies. Mosquito traps eliminate the risk of chemical runoff and reduce ecosystem pollution. Mosquito traps are a nontoxic and chemical-free solution to capture mosquitoes. Further, mosquito traps can be designed to attract and capture specific mosquito species. Thus, a rising preference for eco-friendly mosquito control methods, specifically mosquito traps, positively influences the market growth.

On the contrary, availability of alternative mosquito control methods hurdles the growth of South & Central America mosquito traps market.

Based on product type, the South & Central America mosquito traps market is segmented into electric shock mosquito killer, photocatalytic mosquito killer, and sticky trap mosquito killer. The electric shock mosquito killer segment held 63.5% share of South & Central America mosquito traps market in 2022, amassing US$ 18.34 million. It is projected to garner US$ 26.44 million by 2030 to expand at 4.7% CAGR during 2022-2030.

Based on category, the South & Central America mosquito traps market is bifurcated into outdoor and indoor. The indoor segment held 71.1% share of South & Central America mosquito traps market in 2022, amassing US$ 20.55 million. It is projected to garner US$ 28.99 million by 2030 to expand at 4.4% CAGR during 2022-2030.

Based on distribution channel, the South & Central America mosquito traps market is bifurcated into direct sales and retail sales. The retail sales segment held 51.2% share of South & Central America mosquito traps market in 2022, amassing US$ 14.80 million. It is projected to garner US$ 21.17 million by 2030 to expand at 4.6% CAGR during 2022-2030.

Based on country, the South & Central America mosquito traps market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 78.6% share of South & Central America mosquito traps market in 2022. It was assessed at US$ 22.72 million in 2022 and is likely to hit US$ 32.30 million by 2030, exhibiting a CAGR of 4.5% during 2022-2030.

Key players operating in the South & Central America mosquito traps market report Inzecto Corp, Biogents AG, Woodstream Corp, and FDL Pest Control Solutions, among others.

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