VEGETABLE WAX MARKET SIZE TO REACH USD 130 MILLION IN 2020, GROWING AT A CAGR OF AROUND 6% DURING THE FORECAST PERIOD

Global Vegetable Wax Market Size, Share, & Trends Analysis Report Research Report by Wax Type (Carnauba, Candelilla, Castor, and Others), Application (Candles, Cosmetic, Food, Industry, and Others), Distribution (Wholesale and Retail), and Geography (APAC, Europe, Middle East & Africa, North America, and Latin America)Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020-2025

Licence Types What are these?
GET ACTIONABLE INSIGHTS ON HOW COVID-19 IS IMPACTING YOUR BUSINESS
Enquire Now Download Free Sample

Most Exhaustive Report

icon-pages

275 Pages

icon-table

94 Tables

icon-chart

149 Charts

icon-region

5 Regions

icon-country

18 Countries

icon-company

17 Companies

icon-market

4 Market Segment

VEGETABLE WAX MARKET REPORT SCOPE

Report Attribute Details
Market Size (Revenue) USD 130 Million (2020)
CAGR 6% (2020-2025)
Base Year 2019
Forecast Year 2020-2025
Market Segments Wax Type (Carnauba, Candelilla, Castor, And Others), Application (Candles, Cosmetic, Food, Industry, And Others), Distribution (Wholesale And Retail)
Geographic Analysis APAC, Europe, Middle East & Africa, North America, and Latin America
Countries Covered UK, France, Spain, Italy, Germany, Nordic, China, Japan, India, Australia, South Korea, US, Canada, Brazil, Mexico, Argentina, UAE, Saudi Arabia, and South Africa

INDUSTRY INSIGHTS

The vegetable wax market size to reach USD 130 million in 2020, growing at a CAGR of around 6% during the forecast period. The shift from synthetic to natural products across the globe, especially after 2010, has increased the utility of vegetable wax significantly. There has been a growing trend across the world in the last few years toward natural products. Customers opt for additive-free; hence manufacturers focus on natural ingredients, and marketers seek to replace synthetic chemicals in personal care products with safe, organic substitutes without compromising the sensory experience.  Hence, changes in consumer behaviors and the shift toward organic products have augured well for the vegetable wax market.

Several global studies have emphasized the certain negative impact of synthetic materials on human health, thereby increasing the need for cleaner and safe raw materials. This, in turn, has largely affected the consumer product-based markets such as cosmetics and food. This conscious way of living goes hand in hand with making informed decisions about buying products with organic and natural labels. Millennials and Gen Z are checking the ingredients before they buy products. This has widely pushed industry manufacturers to opt for natural raw materials, which, in turn, have increased vast opportunities for the suppliers. Hence, the demand for cleaner raw materials is likely to push the demand for vegetable wax market further during the forecast period.

SNIPPETS

  • APAC is expected to witness steady traction for vegetable wax products during the forecast period.
  • Brazil, Russia, India, and China are likely to witness an increase in market shares with customers shifting toward natural and organic products.
  • The castor wax segment is expected to grow at a CAGR of over 6% during the period 2019­–2025 due to its increasing usage in several cosmetic products such as lipsticks, lotions, and creams.

VEGETABLE WAX MARKET SEGMENTATION

The global vegetable wax research report includes a detailed segmentation by

  • Distribution
  • Product
  • Application
  • Geography

INSIGHTS BY PRODUCTS

The growing health awareness, along with the specific shift toward the adoption of organic wax products, has pushed the candelilla wax industry. Companies catering in this segment have extremely focused on R&D to produce several organic products. This, in turn, push them to formulate several combinations of paraffin and other waxes.  It is the most dominantly used in the food glazing market. It is expected that the increase in demand for processed meat, fish & poultry, and functional foods would drive the demand. In the near future, the growing application of food glazing agents in bakery and confectionery products due to the increasing preference for personalized food items is expected to affect the demand.

The carnauba wax industry growth is driven by highly favorable legislation concerning the use of them as a glazing agent in edible items such as candies, chocolates, and cosmetics. Their usage as a coating medium for regulated pharmaceutical release systems has increased the demand in the pharmaceutical industry. Furthermore, the carnauba segment has witnessed advances in technology, primarily related to wax extraction, and the production and processing techniques have made notable progress. The demand for carnauba wax has remained highly stable despite the availability of several alternatives, such as beeswax and candelilla wax. Superior properties such as permeability and shine have contributed to their widespread use in application industries.

The demand for castor wax market has witnessed significant increments over the years. The growing demand can be attributed due to stringency in government regulations for the use of synthetic chemicals. Moreover, the price for castor seed has also declined in the past years owing to the increasing production in China, Jamaica, and other tropical regions.

INSIGHTS BY APPLICATION     

Europe is an interesting candle market, where consumption and imports are constantly increasing. Candles, rather than purely functional items, have become decorative accessories. This offers wide opportunities, particularly in the upper-mid market segment for exporters from developing countries. Decorative and gift items retailers are enticing sources for this product. Poland is the principal supplier of candles in Europe. Further, consumer behavior is also moving toward the adoption of healthy natural candles such as soy ones. Soy candles are rapidly in demand as they are made of soybean oil, minimize carbon dioxide emissions, and burn 50% longer than paraffin candles.

Cosmetics has been one of the key application sectors where the use of vegetable wax has been witnessing high demand. This demand is mostly attributed due to the shift in the consumer preference for adopting natural products rather than going for synthetic products.  The growth of natural and organic personal care products has also driven the market. Factors such as the expansion of distribution channels, increased customer reach online, and the shift of modern retailers to offering premium personal care products on the shelves are other factors fueling the growth of vegetable wax in the cosmetic industry. Moreover, new product development, advertising, and increased consumer spending capacity on premium products are primary factors driving the overall growth of the global natural and organic personal care market.

The food industry has widely used waxes to provide a protective coating to fruits and vegetables. Seeking the potential in the shifting consumer behavior, the food industry uses a variety of post-harvest techniques and natural wax to maintain quality and guarantee the longest possible shelf-life and satisfy consumer demand for fresh and healthy foods. The application of a protective coating on fruits and vegetables is an important factor driving growth.

INSIGHTS BY DISTRIBUTION

Distributors, retailers, and manufacturers are the major vegetable wax suppliers. Manufacturers such as Cargill have promoted the sale through the wholesale network via design models. Vendors, for example, in Europe, primarily sell finished products either through dealers or distributors or the internet. The growth in online sales is set to increase by over 5% during the forecast period. The primary reason for this is online stores offer a variety of options to choose from than retail stores. Besides, prices offered on the internet are lower than retail stores because of the discount offered by vendors to promote their products.

INSIGHTS BY GEOGRAPHY   

The vegetable wax market in North America has vast potential with regard to consumption. Several application areas such as cosmetics, candles, and food among others have largely adopted the utilization of vegetable wax due to the growing awareness in consumers against the use of synthetic products.  Therefore, customers turn to natural and organic products due to concerns about synthetic chemicals in cosmetics & toiletries.

In APAC, wax has wide applications, ranging from paints to textile, ink & coatings for packaging, cosmetics and pharmaceuticals to food, and electrical & electronics to rubber. Hence, their increased application in these end-user industries is generating a large-scale demand for natural wax. China remains one of the dominant players offering a variety of vegetable wax. The market is fragmented with numerous local and global payers. The cosmetic industry has accounted for decent growth in the last years.

Europe has one of the world's largest cosmetics industries. There is an increasing demand for natural ingredients in cosmetics and toiletries, a development anticipated to continue in the future. The consumer demand for cosmetics and toiletries that avoid contentious chemicals is expected to help fuel the growth. Strong demand for natural ingredients provides opportunities for potential suppliers in developing countries.

Mexico has strong market demand, especially candelilla ones. The country is one of the leading producers in the world. However, the outlook for industrial production remains uncertain as the labor supply needed for wax processing continues to decline.

The Middle East and African market has moderate demand for vegetable wax. This demand is driven by the utilization in several application segments, such as cosmetics and candles. Brands that produce organic beauty products driven from African plants and fruits have soothing, cleansing, and moisturizing properties. Further, countries such as Nigeria, South Africa, Ethiopia, Kenya, Uganda, Tanzania, and Mozambique have the largest consumer market, which has resulted in the industry’s growth over the past decade.

INSIGHTS BY VENDORS

The vegetable wax market is highly fragmented with many local and international players in the market. The competition is intense. The rapidly changing technological environment could adversely affect vendors as customers expect continual innovations and upgrades in the manufacturing of natural cosmetics products, pharma, among other application segments. The present scenario is forcing vendors to alter and refine their unique value proposition to achieve a strong presence.

Cargill and Koster Keunen are the key leading vendors in the market. The market concentration in developed countries such as the US and other Western European countries is high, while the market is in its growing stage in developing economies such as China and India because of the entry of global brands in these countries. The competition between vendors exists based on offerings and pricing. Vendors are using new business models and focusing on developing the portfolio of their establishments to drive growth. The focus in cosmetics is heavily shifting toward natural products, which is likely to provide vast opportunities to the vendors.

The vegetable wax market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue from 2019 to 2025 for the following segments: 

Segmentation by Product  

  • Carnauba Wax
  • Candelilla Wax
  • Castor Wax
  • Others

By Distribution

  • Wholesale
  • Online

By Application   

  • Candles
  • Cosmetic
  • Food
  • Industry Applications
  • Others

By Geography

  • Europe
    • UK
    • France
    • Spain
    • Italy
    • Germany
    • Nordic
  • APAC
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa

Frequently Asked Questions

What is the global vegetable wax market size and growth forecast?

The global vegetable wax market size will reach USD 130 million in 2020, growing at a CAGR of around 6%

What are the major factors that are driving the global vegetable wax market share?

The shift from synthetic to natural products across the globe, especially after 2010, has increased the utility of vegetable wax significantly.

Who are the leading vendors in the vegetable wax market?

Cargill, Huzhou Shentgtao Biotech, and Koster Keunen are the key leading vendors in the market.

Which segment will contribute maximum revenue to the vegetable wax market?

The candelilla wax industry will contribute maximum revenue to the global vegetable wax market.

What are the latest industry trends and drivers in the market?

The following factors are likely to contribute to the growth of the vegetable wax market during the forecast period growing demand for cleaner raw materials, high opportunities in cosmetic industry, increasing environmental concerns, expected rise in demand from candle & food sectors

Download Free Sample

The global vegetable wax market is expected to grow at a CAGR of over 5% during the period 2019–2025.

 The following factors are likely to contribute to the growth of the vegetable wax market during the forecast period:

  • Growing Demand for Cleaner Raw Materials
  • High Opportunities in Cosmetic Industry
  • Increasing Environmental Concerns
  • Expected rise in Demand from Candle & Food Sectors

 

Base Year:                  2019

Forecast Year:           2020–2025

The study considers the present scenario of the vegetable wax market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

Key Vendors

  • Cargill
    • Business Overview
    • Major Product Offerings
    • Key Strengths
    • Key Strategies
    • Key Opportunities
  • Huzhou Shentgtao Biotech
  • Koster Keunen

Other Vendors

  • Croda Industrial Chemicals
    • Business Overview
    • Key Strengths
    • Key Strategies
  • Brenntag (EPChem)
  • Marcus Oil
  • Argan Co.
  • FAITH Industries
  • BASF
  • CALWAX
  • PJ Group India
  • Falcon
  • Foncepi
  • Carnaúba do Brasil
  • Brasil Ceras
  • KAVYA IMPEX
  • Shri Ram Sons Wax Private Ltd.

 

Market Segmentation by Product  

  • Carnauba Wax
  • Candelilla Wax
  • Castor Wax
  • Others

Market Segmentation by Distribution

  • Wholesale
  • Online

Market Segmentation by Application   

  • Candles
  • Cosmetic
  • Food
  • Industry Applications
  • Others

Market Segmentation by Geography

  • Europe
    • UK
    • France
    • Spain
    • Italy
    • Germany
    • Nordic
  • APAC
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.2 Base Year

4.3 Scope of The Study

4.3.1 Market Segmentation by Product

4.3.2 Market Segmentation by Application

4.3.3 Market Segmentation by Geography

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

8 Market Opportunities & Trends

8.1 Rising Demand for Cleaner Raw Materials

8.2 Opportunity in Cosmetic Industry

8.3 Expected Rise in Demand from Candle & Food Sectors

9 Market Growth Enablers

9.1 Increase in Environmental Concerns

9.2 Emphasis on Human Health

9.3 Shifting Consumer Focus on Organic Products

10 Market Restraints

10.1 Fluctuation in Material Price

10.2 Political Problems Hampering Market Growth

10.3 Change in Climatic Conditions

11 Value Chain Analysis

11.1 Value Chain Overview

11.1.1 Overview

11.1.2 Raw Material Suppliers

11.1.3 Manufacturers

11.1.4 Distributors/Dealers

11.1.5 Retailers

11.1.6 End-users

12 Market Landscape

12.1 Historical Data 2017—2018

12.2 Market Size & Forecast

12.2.1 Revenue

12.2.2 Volume

12.3 Market by Geography

12.3.1 Revenue

12.3.2 Volume

12.4 Five Forces Analysis

12.4.1 Threat of New Entrants

12.4.2 Bargaining Power of Suppliers

12.4.3 Bargaining Power of Buyers

12.4.4 Threat of Substitutes

12.4.5 Competitive Rivalry

13 Vegetable Wax Market by Product

13.1 Market Snapshot & Growth Engine − Revenue

13.2 Market Snapshot & Growth Engine − Volume

13.3 Market Overview

13.4 Candelilla Wax

13.4.1 Market Size & Forecast – Revenue & Volume

13.5 Market by Geography

13.5.1 Revenue

13.5.2 Volume

13.6 Carnauba Wax

13.6.1 Market Size & Forecast – Revenue & Volume

13.7 Market by Geography

13.7.1 Revenue

13.7.2 Volume

13.8 Castor Wax

13.8.1 Market Size & Forecast – Revenue & Volume

13.9 Market by Geography

13.9.1 Revenue

13.9.2 Volume

13.10 Other Wax

13.10.1 Market Size & Forecast – Revenue & Volume

13.11 Market by Geography

13.11.1 Revenue

13.11.2 Volume

14 Vegetable Wax Market by Application

14.1 Market Snapshot & Growth Engine − Revenue

14.2 Market Snapshot & Growth Engine − Volume

14.4 Market Overview

14.5 Candles

14.5.1 Market Size & Forecast – Revenue & Volume

14.6 Market by Geography

14.6.1 Revenue

14.6.2 Volume

14.7 Cosmetics

14.7.1 Market Size & Forecast – Revenue & Volume

14.8 Market by Geography

14.8.1 Revenue

14.8.2 Volume

14.9 Food

14.9.1 Market Size & Forecast – Revenue & Volume

14.10 Market by Geography

14.10.1 Revenue

14.10.2 Volume

14.11 Industry

14.11.1 Market Size & Forecast – Revenue & Volume

14.12 Market by Geography

14.12.1 Revenue

14.12.2 Volume

14.13 Others

14.13.1 Market Size & Forecast – Revenue & Volume

14.14 Market by Geography

14.14.1 Revenue

14.14.2 Volume

15 Vegetable Wax Market by Distribution Channel

15.1 Market Overview

15.1.1 Manufacture, Production, & Distribution

15.1.2 Distribution through Wholesale Channels

15.1.3 Distribution through Online Channels

16 Vegetable Wax Market by Geography

16.1 Market Snapshot & Growth Engine − Revenue

16.2 Market Snapshot & Growth Engine − Volume

16.3 Geographic Overview

17 North America

17.1 Market Overview

17.1.1 Historic Data 2017−2018

17.2 Pest Analysis

17.2.1 Political

17.2.2 Economic

17.2.3 Social

17.2.4 Technology

17.3 Market Size & Forecast

17.3.1 Revenue

17.3.2 Volume

17.4 Product

17.4.1 Market Size & Forecast – Revenue

17.4.2 Market Size & Forecast – Volume

17.5 Application

17.5.1 Market Size & Forecast – Revenue

17.5.2 Market Size & Forecast – Volume

17.6 Key Countries

17.6.1 Market Snapshot & Growth Engine – Revenue

17.6.2 Market Snapshot & Growth Engine – Volume

17.7 US

17.7.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

17.8 Canada

17.8.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

18 APAC

18.1 Market Overview

18.1.1 Historic Data 2017−2018

18.2 Pest Analysis

18.2.1 Political

18.2.2 Economic

18.2.3 Social

18.2.4 Technology

18.3 Market Size & Forecast

18.3.1 Revenue

18.3.2 Volume

18.4 Product

18.4.1 Market Size & Forecast – Revenue

18.4.2 Market Size & Forecast – Volume

18.5 Application

18.5.1 Market Size & Forecast – Revenue

18.5.2 Market Size & Forecast – Volume

18.6 Key Countries

18.6.1 Market Snapshot & Growth Engine – Revenue

18.6.2 Market Snapshot & Growth Engine – Volume

18.7 China

18.7.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

18.8 India

18.8.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

18.9 Japan

18.9.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

18.10 Australia

18.10.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

18.11 South Korea

18.11.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

19 Europe

19.1 Market Overview

19.1.1 Historic Data 2017−2018

19.2 Pest Analysis

19.2.1 Political

19.2.2 Economic

19.2.3 Social

19.2.4 Technology

19.3 Market Size & Forecast

19.3.1 Revenue

19.3.2 Volume

19.4 Product

19.4.1 Market Size & Forecast – Revenue

19.4.2 Market Size & Forecast – Volume

19.5 Application

19.5.1 Market Size & Forecast – Revenue

19.5.2 Market Size & Forecast – Volume

19.6 Key Countries

19.6.1 Market Snapshot & Growth Engine – Revenue

19.6.2 Market Snapshot & Growth Engine – Volume

19.7 UK

19.7.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

19.8 Germany

19.8.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

19.9 France

19.9.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

19.10 Italy

19.10.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

19.11 Spain

19.11.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

19.12 Nordic

19.12.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

20 Latin America

20.1 Market Overview

20.1.1 Historic Data 2017−2018

20.2 PEST ANALYSIS

20.2.1 Political

20.2.2 Economic

20.2.3 Social

20.2.4 Technology

20.3 Market Size & Forecast

20.3.1 Revenue

20.3.2 Volume

20.4 Product

20.4.1 Market Size & Forecast – Revenue

20.4.2 Market Size & Forecast – Volume

20.5 Application

20.5.1 Market Size & Forecast – Revenue

20.5.2 Market Size & Forecast – Volume

20.6 Key Countries

20.6.1 Market Snapshot & Growth Engine – Revenue

20.6.2 Market Snapshot & Growth Engine – Volume

20.7 Mexico

20.7.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

20.8 Brazil

20.8.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

20.9 Argentina

20.9.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

21 Middle East & Africa

21.1 Market Overview

21.1.1 Historic Data 2017−2018

21.2 Pest Analysis

21.2.1 Political

21.2.2 Economic

21.2.3 Social

21.2.4 Technology

21.3 Market Size & Forecast

21.3.1 Revenue

21.3.2 Volume

21.4 Product

21.4.1 Market Size & Forecast – Revenue

21.4.2 Market Size & Forecast – Volume

21.5 Application

21.5.1 Market Size & Forecast – Revenue

21.5.2 Market Size & Forecast – Volume

21.6 Key Countries

21.6.1 Market Snapshot & Growth Engine – Revenue

21.6.2 Market Snapshot & Growth Engine – Volume

21.7 Saudi Arabia

21.7.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

21.8 UAE

21.8.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

21.9 South Africa

21.9.1 Vegetable Wax Market Size & Forecast – Revenue & Volume

22 Competitive Landscape

22.1 Competition Overview

23 Key Company Profiles

23.1 CARGILL

23.1.1 Business Overview

23.1.2 Cargill in Global Vegetable Wax Market

23.1.1 Major Product Offerings

23.1.2 Key Strengths

23.1.3 Key Strategy

23.1.4 Key Opportunities

23.2 Huzhou Shengtao Biotech

23.2.1 Business Overview

23.2.2 Huzhou Shengtao Biotech in Global Vegetable Wax Market

23.2.3 Major Product Offerings

23.2.4 Key Strengths

23.2.5 Key Strategy

23.2.6 Key Opportunities

23.3 Koster Keunen

23.3.1 Business Overview

23.3.2 Koster Keunen in Global Vegetable Wax Market

23.3.3 Major Product Offerings

23.3.4 Key Strength

23.3.5 Key Strategies

23.3.6 Key Opportunities

24 Other Prominent Vendors

24.1 ARGAN CO.

24.1.1 Business Overview

24.1.2 Key Strengths

24.1.3 Key Strategies

24.2 BASF

24.2.1 Business Overview

24.2.2 Key Strengths

24.2.3 Key Strategies

24.3 Brasil Ceras

24.3.1 Business Overview

24.3.2 Key Strengths

24.3.3 Key Strategies

24.4 BRENNTAG (EPCHEM)

24.4.1 Business Overview

24.4.2 Key Strengths

24.4.3 Key Strategies

24.5 Croda Industrial Chemicals

24.5.1 Business Overview

24.5.2 Key Strengths

24.5.3 Key Strategies

24.6 Calwax

24.6.1 Business Overview

24.6.2 Key Strengths

24.6.3 Key Strategies

24.7 CARNAÚBA DO BRASIL

24.7.1 Business Overview

24.7.2 Key Strengths

24.7.3 Key Strategies

24.8 FAITH INDUSTRIES

24.8.1 Business Overview

24.8.2 Key Strengths

24.8.3 Key Strategies

24.9 FALCON

24.9.1 Business Overview

24.9.2 Key Strengths

24.9.3 Key Strategies

24.10 FONCEPI

24.10.1 Business Overview

24.10.2 Key Strengths

24.10.3 Key Strategies

24.11 Kavya Impex

24.11.1 Business Overview

24.11.2 Key Strengths

24.11.3 Key Strategies

24.12 Marcus Oil

24.12.1 Business Overview

24.12.2 Key Strengths

24.12.3 Key Strategies

24.13 PJ Group India

24.13.1 Business Overview

24.13.2 Key Strengths

24.13.3 Key Strategies

24.14 Shri Ram Sons Wax

24.14.1 Business Overview

24.14.2 Key Strengths

24.14.3 Key Strategies

25 Report Summary

25.1 Key Takeaways

25.2 Strategic Recommendations

26 Quantitative Summary

26.1 Global

26.1.1 Revenue

26.1.2 Volume

26.2 North America

26.2.1 Product (Revenue & Volume)

26.2.2 Application (Revenue & Volume)

26.3 APAC

26.3.1 Product (Revenue & Volume)

26.3.2 Application (Revenue & Volume)

26.4 Europe

26.4.1 Product (Revenue & Volume)

26.4.2 Application (Revenue & Volume)

26.5 Latin America

26.5.1 Product (Revenue & Volume)

26.5.2 Application (Revenue & Volume)

26.6 Middle East & Africa

26.6.1 Product (Revenue & Volume)

26.6.2 Application (Revenue & Volume)

26.7 Product

26.7.1 Revenue

26.7.2 Volume

26.7.3 Candelilla Wax – Revenue

26.7.4 Candelilla Wax – Volume

26.7.5 Carnauba Wax – Revenue

26.7.6 Carnauba Wax – Volume

26.7.7 Castor Wax – Revenue

26.7.8 Castor Wax – Volume

26.7.9 Other Wax – Revenue

26.7.10 Other Wax – Volume

26.8 Application

26.8.1 Revenue

26.8.2 Volume

26.8.3 Candles – Revenue

26.8.4 Candles – Volume

26.8.5 Cosmetics – Revenue

26.8.6 Cosmetics – Volume

26.8.7 Food – Revenue

26.8.8 Food – Volume

26.8.9 Industrial Applications – Revenue

26.8.10 Industrial Applications – Volume

26.8.11 Other Applications – Revenue

26.8.12 Other Applications – Volume

27 Appendix

27.1 Abbreviations

List of Exhibits 

Exhibit 1               Segmentation of Global Vegetable Wax Market

Exhibit 2               Market Size Calculation Approach 2019

Exhibit 1               Penetration of Vegetable Wax in Global Wax Market 2019

Exhibit 2               Advantage of Vegetable Wax

Exhibit 3               Overview of Global Vegetable Wax Market 2019

Exhibit 4               Global Vegetable Wax Market by Geography 2025 (Revenue)

Exhibit 5               Global Vegetable Wax Market by Geography 2019 & 2025 (Revenue Share)

Exhibit 6               Impact of Rising Demand for Cleaner Raw Materials

Exhibit 7               Initiative taken for Developing Cleaner Material

Exhibit 8               Impact of Opportunity in Cosmetic Industry

Exhibit 9               Global Market Value for Natural Cosmetics 2018-2027 ($ billion)

Exhibit 10             Impact of Expected Rise in Demand from Candle & Food Sectors

Exhibit 11             Consumer Preferences in US (2019)

Exhibit 12             Impact of Increase in Environmental Concerns

Exhibit 13             Regulations Impacting Petroleum Wax Production in US

Exhibit 14             Impact of Emphasis on Human Health

Exhibit 15             Consumer Behavior Trends Impacting Manufacturing Process in Cosmetics Industry

Exhibit 16             Impact of Shifting Consumer Focus on Organic Products

Exhibit 17             Shifting Consumer Focus on Organic Products

Exhibit 18             Impact of Fluctuation in Material Price

Exhibit 19             Global Palm Oil Prices ($ per metric ton)

Exhibit 20             Impact of Political Problems Hampering Market Growth

Exhibit 21             Top Palm Oil Production Countries in 2019

Exhibit 22             Impact of Change in Climatic Conditions

Exhibit 23             Key Environmental Issues Impacting Vegetable Wax Production

Exhibit 24             General Value Chain Analysis of Vegetable Wax Market

Exhibit 25             Global Vegetable Wax Market: Historical Data 2017−2018

Exhibit 26             Global Vegetable Wax Market 2019–2025 ($ million)

Exhibit 27             Global Vegetable Wax Market 2019–2025 (million pounds)

Exhibit 28             Benefits of Vegetable Wax

Exhibit 29             Impact Value of Factors Affecting Global Vegetable Wax Market 2019 vs. 2025

Exhibit 30             ASP of Vegetable Wax Across Geographies 2019—2025 ($ per lbs.)

Exhibit 31             Global Natural Cosmetics Market 2018−2027 ($ billion)

Exhibit 32             CAGR Comparison Across Geography 2019—2025 (%)

Exhibit 33             Five Force Analysis 2019

Exhibit 34             Incremental Growth by Product 2019 & 2025 (Revenue)

Exhibit 35             Incremental Growth by Product 2019 & 2025 (Volume in Pounds)

Exhibit 36             Global Vegetable Wax Market by Product: Overview

Exhibit 37             Global Market Share by Product 2019

Exhibit 38             CAGR Comparison of Global Market by Product 2019−2025

Exhibit 39             Global Candelilla Wax Market 2019–2025 ($ million)

Exhibit 40             Global Candelilla Market 2019–2025 (million pounds)

Exhibit 41             Candelilla Market in the US in 2019 & 2020 ($ million)

Exhibit 42             Global Carnauba Wax Market 2019–2025 ($ million)

Exhibit 43             Carnauba Market in the US in 2019 & 2020 ($ million)

Exhibit 44             Global Carnauba Market 2019–2025 (million pounds)

Exhibit 45             Global Castor Wax Market 2019–2025 ($ million)

Exhibit 46             Castor Market in the US in 2019 & 2020 ($ million)

Exhibit 47             Global Castor Market 2019–2025 (million pounds)

Exhibit 48             Global Other Wax Market 2019–2025 ($ million)

Exhibit 49             Comparison of Share Accounted by Other Segment in 2019 & 2025 (Revenue)

Exhibit 50             Global Other Market 2019–2025 (million pounds)

Exhibit 51             Other Market by Geography 2019−2025 (million pounds)

Exhibit 52             Incremental Growth by Application 2019 & 2025 (Revenue)

Exhibit 53             Incremental Growth by Application 2019 & 2025 (Volume in Pounds)

Exhibit 54             Global Vegetable Wax Market by Application Type: Overview

Exhibit 55             Global Market Share by Application 2019

Exhibit 56             CAGR Comparison of Global Vegetable Wax by Application 2019−2025

Exhibit 57             Global Market in Candles 2019–2025 ($ million)

Exhibit 58             Global Market in Candles 2019–2025 (million pounds)

Exhibit 59             Global Market in Cosmetics 2019–2025 ($ million)

Exhibit 60             Global Market in Cosmetics 2019–2025 (million pounds)

Exhibit 61             Global Market in Food Sector 2019–2025 ($ million)

Exhibit 62             Global Market in Food Sector 2019–2025 (million pounds)

Exhibit 63             Global Market in Industrial Applications 2019–2025 ($ million)

Exhibit 64             Global Market in Industrial Application 2019–2025 (million pounds)

Exhibit 65             Global Market for Other Applications 2019–2025 ($ million)

Exhibit 66             Global Market for Other Applications 2019–2025 (million pounds)

Exhibit 67             Global Vegetable Wax Market by Distribution Channel

Exhibit 68             Incremental Growth by Geography 2019 & 2025 ($ million)

Exhibit 69             Incremental Growth by Geography 2019 & 2025 (Volume in pounds)

Exhibit 70             Global Vegetable Wax Market: Segmentation by Geography 2019 (% share)

Exhibit 71             Global Market: Segmentation by Geography 2025 (% share)

Exhibit 72             North America: Vegetable Wax Market Historical Data 2017−2018

Exhibit 73             PEST Analysis: North America

Exhibit 74             Market in North America 2019–2025 ($ million)

Exhibit 75             US GDP Growth Rate Changes Q1 2016–Q4 2018

Exhibit 76             Vegetable Wax Market in North America 2019–2025 (million pounds)

Exhibit 77             Incremental Growth in North America 2019 & 2025 (Revenue)

Exhibit 78             Incremental Growth in North America 2019 & 2025 (Volume in pounds)

Exhibit 79             Market in US 2019–2025 ($ million)

Exhibit 80             Market in US 2019–2025 (million pounds)

Exhibit 81             Market in Canada 2019–2025 ($ million)

Exhibit 82             Market in Canada 2019–2025 (million pounds)

Exhibit 83             APAC: Vegetable Wax Market Historical Data 2017−2018

Exhibit 84             Overview of PEST Analysis: APAC

Exhibit 85             Vegetable Wax Market in APAC 2019–2025 ($ million)

Exhibit 86             Market in APAC 2019–2025 (million pounds)

Exhibit 87             Forecast of Real GDP Growth by Group for Asia (% share)

Exhibit 88             Incremental Growth in APAC 2019 & 2025 (Revenue)

Exhibit 89             Incremental Growth in APAC 2019 & 2025 (Volume in pounds)

Exhibit 90             Market in China 2019–2025 ($ million)

Exhibit 91             Market in China 2019–2025 (million pounds)

Exhibit 92             Market in India 2019–2025 ($ million)

Exhibit 93             International Lifestyles Survey in 2019

Exhibit 94             Market in India 2019–2025 (million pounds)

Exhibit 95             Market in Japan 2019–2025 ($ million)

Exhibit 96             Shipment Value of Natural and Organic Cosmetics in Japan 2012-2018 ($ billion)

Exhibit 97             Market in Japan 2019–2025 (million pounds)

Exhibit 98             Market in Australia 2019–2025 ($ million)

Exhibit 99             Skin Care Market in Australia 2019 & 2020 ($ million)

Exhibit 100          Market in Australia 2019–2025 (million pounds)

Exhibit 101          Market in South Korea 2019–2025 ($ million)

Exhibit 102          Skin Care Market Revenue in South Korea for 2019 & 2020 ($ million)

Exhibit 103          Market in South Korea 2019–2025 (million pounds)

Exhibit 104          Europe: Vegetable Wax Market Historical Data 2017−2018

Exhibit 105          Overview of PEST Analysis: Europe

Exhibit 106          Vegetable Wax Market in Europe 2019–2025 ($ million)

Exhibit 107          Growth in European Natural Cosmetics Market 2013–2018 ($ billion)

Exhibit 108          Real GDP Growth Change EU vs. Global 2019-2024(% share)

Exhibit 109          Market in Europe 2019–2025 (million pounds)

Exhibit 110          Incremental Growth in Europe 2019 & 2025 (Revenue)

Exhibit 111          Incremental Growth in Europe 2019 & 2025 (Volume in pounds)

Exhibit 112          Market in UK 2019–2025 ($ million)

Exhibit 113          Market in UK 2019–2025 (million pounds)

Exhibit 114          Market in Germany 2019–2025 ($ million)

Exhibit 115          Market in Germany 2019–2025 (million pounds)

Exhibit 116          Market in France 2019–2025 ($ million)

Exhibit 117          Market in France 2019–2025 (million pounds)

Exhibit 118          Market in Italy 2019–2025 ($ million)

Exhibit 119          Italy in European Vegetable Wax Market 2019−2025 (% share)

Exhibit 120          Market in Italy 2019–2025 (million pounds)

Exhibit 121          Market in Spain 2019–2025 ($ million)

Exhibit 122          Natural Cosmetic Products in Spain 2019 & 2020 ($ million)

Exhibit 123          Market in Spain 2019–2025 (million pounds)

Exhibit 124          Market in Nordic Countries 2019–2025 ($ million)

Exhibit 125          Market in Nordic Countries 2019–2025 (million pounds)

Exhibit 126          Latin America: Vegetable Wax Market Historical Data 2017−2018

Exhibit 127          Overview of PEST Analysis: Latin America

Exhibit 128          Vegetable Wax Market in Latin America 2019–2025 ($ million)

Exhibit 129          Market in Latin America 2019–2025 (million pounds)

Exhibit 130          Incremental Growth in Latin America 2019 & 2025 (Revenue)

Exhibit 131          Incremental Growth in Latin America 2019 & 2025 (Volume in pounds)

Exhibit 132          Market in Mexico 2019–2025 ($ million)

Exhibit 133          Market in Mexico 2019–2025 (million pounds)

Exhibit 134          Market in Brazil 2019–2025 ($ million)

Exhibit 135          Market in Brazil 2019–2025 (million pounds)

Exhibit 136          Market in Argentina 2019–2025 ($ million)

Exhibit 137          Market in Argentina 2019–2025 (million pounds)

Exhibit 138          MEA: Vegetable Wax Market Historical Data 2017−2018

Exhibit 139          Overview of PEST Analysis: MEA

Exhibit 140          Vegetable Wax Market in Middle East & Africa 2019–2025 ($ million)

Exhibit 141          Market in MEA 2019–2025 (million pounds)

Exhibit 142          Incremental Growth in MEA 2019 & 2025 (Revenue)

Exhibit 143          Incremental Growth in MEA 2019 & 2025 (Volume in pounds)

Exhibit 144          Market in Saudi Arabia 2019–2025 ($ million)

Exhibit 145          Market in Saudi Arabia 2019–2025 (million pounds)

Exhibit 146          Market in UAE 2019–2025 ($ million)

Exhibit 147          Market in UAE 2019–2025 (million pounds)

Exhibit 148          Market in South Africa 2019–2025 ($ million)

Exhibit 149          Market in South Africa 2019–2025 (million pounds)

               

               

               

List of Tables    

Table 1             Key Caveats

Table 2             Currency Conversion 2013−2019

Table 3              List of Top Palm Oil Producer Countries 2019

Table 4              Global Vegetable Wax Market by Geography 2019−2025 ($ million)

Table 5               Global Vegetable Wax Market by Geography 2019−2025 (million pounds)

Table 6               Candelilla Wax Market by Geography 2019−2025 ($ million)

Table 7                Market by Geography 2019−2025 (million pounds)

Table 8                Carnauba Wax Market by Geography 2019−2025 ($ million)

Table 9                 Market by Geography 2019−2025 (million pounds)

Table 10               Global Castor Wax Market by Geography 2019−2025 ($ million)

Table 11               Global Castor Wax Market by Geography 2019−2025 (million pounds)

Table 12               Other Wax Market by Geography 2019−2025 ($ million)

Table 13               Global Vegetable Wax Market in Candles by Geography 2019−2025 ($ million)

Table 14               Global Market in Candles by Geography 2019−2025 (million pounds)

Table 15               Global Market in Cosmetics by Geography 2019−2025 ($ million)

Table 16               Global Market in Cosmetics by Geography 2019−2025 (million pounds)

Table 17               Global Market in Food Sector by Geography 2019−2025 ($ million)

Table 18               Global Market in Food Sector by Geography 2019−2025 (million pounds)

Table 19               Candelilla Wax Industrial Applications

Table 20               Global Market in Industrial Application by Geography 2019−2025 ($ million)

Table 21               Market in Industrial Applications by Geography 2019−2025 (million pounds)

Table 22               Global Market for Other Applications by Geography 2019−2025 ($ million)

Table 23               Global Market for Other Applications by Geography 2019−2025 (million pounds)

Table 24               Product Segment in North America 2019−2025 ($ million)

Table 25               Product Segment in North America 2019−2025 (million pound)

Table 26               Application Segment in North America 2019−2025 ($ million)

Table 27               Application Segment in North America 2019−2025 (million pounds)

Table 28               Change in Real GDP Growth in Key APAC Countries 2019 & 2020 (% share)

Table 29               Product Segment in APAC 2019−2025 ($ million)

Table 30               Product Segment in APAC 2019−2025 (million pound)

Table 31               Application Segment in APAC 2019−2025 ($ million)

Table 32               Application Segment in APAC 2019−2025 (million pounds)

Table 33               Product Segment in Europe 2019−2025 ($ million)

Table 34               Product Segment in Europe 2019−2025 (million pounds)

Table 35               Application Segment in Europe 2019−2025 ($ million)

Table 36               Application Segment in Europe 2019−2025 (million pounds)

Table 37               Macroeconomic Indicators (Forecast for 2019)

Table 38               Change in Real GDP Growth in Key Latin American Countries 2019 and 2020 (% share)

Table 39               Product Segment in Latin America 2019−2025 ($ million)

Table 40               Product Segment in Latin America 2019−2025 (million pounds)

Table 41               Application Segment in Latin America 2019−2025 ($ million)

Table 42               Application Segment in Latin America 2019−2025 (million pounds)

Table 43               Change in Real GDP Growth in Key MEA Countries 2019 & 2020 (% share)

Table 44               Product Segment in MEA 2019−2025 ($ million)

Table 45               Product Segment in MEA 2019−2025 (million pounds)

Table 46               Application Segment in MEA 2019−2025 ($ million)

Table 47               Application Segment in MEA 2019−2025 (million pounds)

Table 48               Cargill: Product Offerings End-use

Table 49               Huzhou Shengtao Biotech: Product Offerings

Table 50               Koster Keunen: Product Offerings

Table 51               Global Vegetable Wax Market by Geography 2019−2025 ($ million)

Table 52               Global Vegetable Wax Market by Geography 2019−2025 (million pounds)

Table 53               Product Segment in North America 2019−2025 ($ million)

Table 54               Product Segment in North America 2019−2025 (million pound)

Table 55               Application Segment in North America 2019−2025 ($ million)

Table 56               Application Segment in North America 2019−2025 (million pounds)

Table 57               Product Segment in APAC 2019−2025 ($ million)

Table 58               Product Segment in APAC 2019−2025 (million pound)

Table 59               Application Segment in APAC 2019−2025 ($ million)

Table 60               Application Segment in APAC 2019−2025 (million pounds)

Table 61               Product Segment in Europe 2019−2025 ($ million)

Table 62               Product Segment in Europe 2019−2025 (million pound)

Table 63               Application Segment in Europe 2019−2025 ($ million)

Table 64               Application Segment in Europe 2019−2025 (million pounds)

Table 65               Product Segment in Latin America 2019−2025 ($ million)

Table 66               Product Segment in Latin America 2019−2025 (million pound)

Table 67               Application Segment in Latin America 2019−2025 ($ million)

Table 68               Application Segment in Latin America 2019−2025 (million pounds)

Table 69               Product Segment in MEA 2019−2025 ($ million)

Table 70               Product Segment in MEA 2019−2025 (million pound)

Table 71               Application Segment in MEA 2019−2025 ($ million)

Table 72               Application Segment in MEA 2019−2025 (million pounds)

Table 73               Global Vegetable Wax Market by Product Segmentation 2019−2025 ($ million)

Table 74               Global Vegetable Wax Market by Product Segmentation 2019−2025 (million pounds)

Table 75               Candelilla Wax Market by Geography 2019−2025 ($ million)

Table 76               Market by Geography 2019−2025 (million pounds)

Table 77               Carnauba Wax Market by Geography 2019−2025 ($ million)

Table 78               Market by Geography 2019−2025 (million pounds)

Table 79               Castor Wax Market by Geography 2019−2025 ($ million)

Table 80               Market by Geography 2019−2025 (million pounds)

Table 81               Other Wax Market by Geography 2019−2025 ($ million)

Table 82               Market by Geography 2019−2025 (million pounds)

Table 83               Global Vegetable Wax Market by Application Segmentation 2019−2025 ($ million)

Table 84               Global Market by Application Segmentation 2019−2025 (million pounds)

Table 85               Global Vegetable Wax Market in Candles by Geography 2019−2025 ($ million)

Table 86               Global Market in Candles by Geography 2019−2025 (million pounds)

Table 87               Global Market in Cosmetics by Geography 2019−2025 ($ million)

Table 88               Global Market in Cosmetics by Geography 2019−2025 (million pounds)

Table 89               Global Market in Food Sector by Geography 2019−2025 ($ million)

Table 90               Global Market in Food Sector by Geography 2019−2025 (million pounds)

Table 91               Global Market in Industrial Applications by Geography 2019−2025 ($ million)

Table 92               Global Market in Industrial Applications by Geography 2019−2025 (million pounds)

Table 93               Global Market in Other Applications by Geography 2019−2025 ($ million)

Table 94               Global Market in Other Applications by Geography 2019−2025 (million pounds)

Select a license type that suits your business needs

single-user Single User Licence
$3500.00
  • Report accessible by one user only
  • Free 10% or 3 days of customization
  • Free post-sale service assistance
  • Continuous support through email
Best Value Tag
5-user 5 User Licence
$4000.00
  • Report accessible by 5 users within the organization
  • Free 15% or 4.5 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
corporate.png Corporate Licence
$5000.00
  • Free Datasheet worth $1500
  • Report accessible by the entire organization
  • Free 20% or 6 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Direct access to lead analysts
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
datasheet.png Datasheet Licence
$1500.00
  • Report accessible by 1 user only
  • Free 15% or 32 hours of customization
  • Free post-sale service assistance
  • Direct access to lead analysts

Our Clients

Licence Types What are these?

Our Clients Speak

erick

"The report by Arizton was spot on. It not only gave us insight into the pro audio market, we used it to raise funds for our company. The data proved (to the VC we pitched to) that the market was large enough for our company to not only survive but also grow."

Erik Young
CEO, Co-founder
Audink Inc., DBA Audios
SPEAK WITH OUR ANALYST

Want to know more about the report or any specific requirement?

Click to Email +1-312-235-2040

Want to Customize the Report?

Click Here

Why Arizton?

  • 100% Customer Satisfaction
  • 24x7 availability – we are always there when you need us
  • 200+ Fortune 500 Companies trust Arizton's report
  • 80% of our reports are exclusive and first in the industry
  • 100% more data and analysis
  • 1000+ reports published till date