Hair Removal Wax Market – 2019-2025
The wax market is expected to witness a CAGR of around 4% during the forecast period. The major factor driving the market studied is the growing demand from the cosmetics industry, where the wax has a widespread application in lipsticks, mascaras, moisturizing creams, and sunblock. However, fluctuating prices of raw materials and environmental concerns are expected to hinder the growth of the market.
- Petroleum and mineral wax segment dominated the market and is expected to grow during the forecast period, owing to its increasing demand from various applications, such as candle making, packaging, cosmetics, etc.
- Increasing use of mineral wax in rubber production is likely to act as an opportunity for the market in the future.
- Asia-Pacific dominated the market across the world, due to the concentration of dominant petroleum wax producing refineries in countries, like China and India.
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Top Key Players Of Hair Removal Wax Industry:
Darent Wax (UK)
Nads Corporation (U.S.)
Reckitt Benckiser (UK)
Jolen Inc. (U.S.)
Coloris Ltd. (Poland)
Kera-Ban Wax Products (U.S.)
Edgewell Personal Care (U.S.)
Procter and Gamble Co. (U.S.)
American International Industries (U.S.)
LOreal International (France)
Church and Dwight Co., Inc. (U.S.)
Hair Removal Wax Market Key Deliverables
- PESTLE Analysis (Overview): Macro market factors pertinent to the region.
- Market Definition: Main, as well as, associated/ancillary components constituting the market.
- Key Findings of the Study: Top headlines about market trends & numbers.
- Market Dynamics:
o Drivers: The key factors driving growth in the market.
o Restraints: Most relevant threats and restraints that hinder the growth of the market.
o Opportunities: Sectors of high-return or quick turnaround on investment.
o Market Concentration: Porter’s 5 Forces Analysis quantified by a comprehensive list of parameters.
- Supply Chain Analysis.
- Market Share Analysis: Top players in the market (by value and volume)
- Company Profiles: Pertinent details about leading, high growth, and innovation-motivated stakeholders with contact, operations, product/service offerings, financials and strategies & insights.
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Key Market Trends | Growth | Share | Sale | Revenue | Manufactures | Technology Component
High Demand from the Cosmetics Industry
- The cosmetic sector is one of the major applications for wax.
- Waxes are used as ingredients in a variety of products in the cosmetic industry: for the formulation of emulsifiers, solubilizing agents, cleansers, and conditioners among others.
- Natural and synthetic waxes provide protection against mechanical stress, water-loss, UV-radiation, and parasites. For this reason, they are being increasingly used in the manufacturing of cream, lotions, and lip balms.
- Some of the most commonly used waxes used in the cosmetic industry include candelilla wax, carnauba wax, rice bran wax, sunflower wax, berry wax, honey wax, and mimosa wax.
- The market is driven by increasing urbanization and the growth in online beauty spending, due to the continuous growth of disposable income of individuals all over the world.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region dominated the global market share, due to the concentration of dominant petroleum wax producing refineries in countries, like China and India.
- Asia-Pacific is also projected to register the highest growth during the forecast period, driven by increasing production and consumption of cosmetics, adhesives, and packaging products in the region.
- Asia-Pacific demand has reached higher levels in the past few years and has become a major hub for exporting cosmetics and personal care products.
- The tier-2 markets, such as South Korea, are expected to witness a rapid rise in the demand for personal care products.
- Moreover, China and India are also likely to experience good opportunities for the personal care market.
- Besides, China stands to be the largest market for adhesives in the region, in terms of both production and consumption. The consumption of adhesives has been increasing in the industries, such as furniture, construction, etc., which is further driving the growth of the wax market in the region.
The global wax market is partially fragmented. The major players dominating the market include BP PLC, Exxon Mobil Corporation, Cepsa, Sasol, and Eni SpA among others.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics Supply and demand
Market size Current trends/opportunities/challenges
Value chain and stakeholder analysis
With the given market data, We offers customizations as per the company’s specific needs. The following customization options are available for the report:
- Product Analysis: Product matrix, which gives a detailed comparison of the product portfolios of each company
- Geographic Analysis: Further breakdown of the European, Asia Pacific, and the Rest of the World segments into their respective countries for this market
- Company Information: Detailed analysis and profiling of additional market players (up to 5)
- Volume Data: Customization options for volume data (number of units sold) and customization options for volume data (number of tests)
- Opportunities Assessment: A detailed report underlining the various growth opportunities presented in the market
The report includes six parts, dealing with:
1.) Basic Information
2.) The Asia Hair Removal Wax Speaker Market
3.) The North American Hair Removal Wax Speaker Market
4.) The European Hair Removal Wax Speaker Market
5.) Market Entry And Investment Feasibility
6.) The Report Conclusion
Table of Content: Hair Removal Wax Market 2025
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
The key insights of The Report Research:
1.The report Research provides key statistics on the market status of the Hair Removal Wax manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2019-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2019-2025 market development trends of Hair Removal Wax industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Hair Removal Wax Industry before evaluating its feasibility.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
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