1h Free Analyst Time
Global Beeswax Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
The beeswax market analysis considers sales from both conventional beeswax and organic beeswax. Our report also provides a detailed analysis of the market in APAC, Europe, MEA, North America, and South America. In 2019, the conventional beeswax segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the low price and health benefits will play a vital role in influencing the conventional beeswax segment’s market position. Also, our global beeswax market report looks at factors such as the growing awareness about the benefits of beeswax, expansion of organized retailing, and restoration of natural bee habitats. However, the declining number of honeybee colonies, availability of substitutes, and the increasing popularity of DIY beeswax-based products may hamper the growth of the beeswax industry over the forecast period.
Global Beeswax Market: Overview
Growing awareness about the benefits of beeswax
Beeswax helps in eliminating airborne pollutants when burnt, soothes and hydrates skin, promotes healthy hair growth, and protects foods from the effect of acids, which makes it ideal for use in various applications. With the growing awareness about these benefits, market vendors are offering beeswax in different sizes and particles for industry-specific applications. Thus, the growing awareness will lead to the expansion of the global beeswax market at a CAGR of over 2% during the forecast period.
Increasing popularity of beeswax product kits
The growing demand for assorted cosmetic kits among consumers encourages vendors to manufacture beeswax-based body lotions and lipsticks. For instance, the cosmetic kit offered by The Naked Bee includes a hand and body lotion made from lavender and absolute beeswax. Additionally, there are numerous product kits available on e-commerce platforms with various combinations of beeswax products such as multi-color candles, candle sheets, and food wrappers. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global beeswax market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading beeswax product manufacturers, that include Akrochem Corp., Beeswax Co. LLC, Frank B. Ross Co. Inc., Kahl GmbH & Co. KG, Koster Keunen, New Zealand Beeswax Ltd., Norevo GmbH, Paramold Manufacturing LLC, Poth Hille & Co Ltd., and Strahl & Pitsch Inc.
Also, the beeswax market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global beeswax market: Akrochem Corp., Beeswax Co. LLC, Frank B. Ross Co. Inc., Kahl GmbH & Co. KG, Koster Keunen, New Zealand Beeswax Ltd., Norevo GmbH, Paramold Manufacturing LLC, Poth Hille & Co Ltd., and Strahl & Pitsch Inc.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing popularity of beeswax product kits.”
According to the report, one of the major drivers for this market is the growing awareness about the benefits of beeswax.
Further, the report states that one of the major factors hindering the growth of this market is the increasing popularity of DIY beeswax-based products.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akrochem Corp.
- Beeswax Co. LLC
- Frank B. Ross Co. Inc.
- Kahl GmbH & Co. KG
- Koster Keunen
- New Zealand Beeswax Ltd.
- Norevo GmbH
- Paramold Manufacturing LLC
- Poth Hille & Co Ltd.
- Strahl & Pitsch Inc.
