The global beeswax market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period (2022-2028). The cosmetic industry holds prominent share of the global beeswax market, as it is highly used in the cosmetic and skin care products. Due to the high consumption of beeswax in cosmetics, beeswax market is expected to grow during the forecast period. It is used in manufacturing cosmetics products such as lip balms, gels, creams, butters, and others, due to which several market players are inclined towards expanding their businesses in cosmetic product line. As a result of which, the companies are coming up with innovative products to attract the people and to increase their customer base.
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For instance, in December 2021, VedaOils launched DIY kits for the beauty conscious consumers. As the cosmetic industry market is heavily dominated with the chemical-based beauty products which deteriorates the quality of skin. Thus, the people are inclined towards adopting various natural DIY kits.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Beeswax Market by Type
- Organic
- Conventional
Global Beeswax Market by Application
- Pharmaceuticals
- Cosmetics
- Food & Confectionery
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amrobisa Natural Products (I) Pvt. Ltd.
- Arjun Bees Wax Industries
- Bamboo Heaven
- Bill’s Bees Inc.
- Bulk Apothecary
- HEXTON BEE CO.
- Koster Keunen
- Melland Ecogreen Technology Co.,Ltd
- Miller’s Honey Co.
- New Zealand Beeswax Ltd.
- Nunya Beeswax Candles
- Paramold Manufacturing LLC
- Poth Hille & Co. Ltd.
- Strahl & Pitsch, Inc.
- The Beeswax Company LLC
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global beeswax market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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