With over 3,00,000 countrywide Malaria Cases as of 2019, GOI is expected to increase initiatives when it comes to Malaria eradication. Will be beneficial for the Untreated Mosquito Nets Market: Ken Research
1. ‘Government to focus on disease eradication:’ Favorable Government Policies in order to eradicate malaria are driving the Untreated mosquito market.
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Manipur government aims to achieve “zero malaria status” by 2021, 9 years ahead of the national target of eliminating malaria by 2030. Various states governments procure untreated and treated mosquito nets for distribution. It is considered a cheap and effective method of mosquito repellence. In 2017, 11 Mn long-lasting insecticidal nets (LLINs) were distributed in Odisha, enough to cover every resident in high-endemic regions of the state. In 2016, the state government started implementing a programme called Durgama Anchalare Malaria Nirakaran (elimination of malaria in inaccessible regions), or DAMaN.
2. ‘Contemporary demand increment:’ Increase in demand expected as the production capacity of Petrochemicals increases
In March 2017, production commenced for a petrochemical complex in Dahej PCPIR, by ONGC Petro additions Ltd (OPaL), a Joint Venture of ONGC, Gail and State Petroleum Corporation. Reliance Industries has commissioned a duel feed off gas cracker on January 2, 2018, at Jamnagar refinery with 1.5 million MT/year ethylene plant capacity. The new Jamnagar cracker will raise Reliance’s total ethylene capacity to 4 million MT/year. Export of HDPe in 2017-18 amounted to INR 2000 crore and INR 8000 crore worth of HDPE was imported. As production of HDPE is expected to rise, it might push down prices of mosquito nets, causing an increase in demand. Use of other materials in production of mosquito nets is expected to further decline with respect to HDPE.
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3. ‘Steady growth but a long way to go:’ India untreated mosquito nets Market to witness a robust growth owing to favorable government policies & rising health consciousness in the market
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India untreated mosquito nets market is expected to witness a steady growth in toddler homes & camp nets with online market in the forecasted year. Moreover, consumers are expected to engage with mosquito net companies more than ever before in an attempt to adopt healthier lifestyles and build supporting communities. Even though the market is declining currently in urban areas, the market is expected to have a steady journey in Tier 2 & Tier 3.