Beeswax Market
Beeswax Market Size, Share & Trends Analysis Report by Type (Organic and Conventional), and by Application (Pharmaceuticals, Cosmetics, Food & confectionery, and Others) Forecast 2022-2028 Update Available - Forecast 2024-2030
Beeswax market is anticipated to grow at a significant CAGR of 3.2% during the forecast period. Beeswax is a natural wax produced by honey bees. It is applied in many sectors including pharmaceuticals, cosmetics, and food & confectionery among others. Beeswax is used in products due to its beneficiary features such as anti-bacterial, inert high plasticity, natural, and others. Besswax also contains vitamin A which protects skin cells from environmental impurities. Beeswax is used in manufacturing of medicines, ointments, creams, for coating cheese, and to sealing food containers. For instance, in
Impact of COVID-19 Pandemic on Global Beeswax Market
COVID-19 pandemic has decreased the beeswax market. During the COVID-19 period, all the businesses and industries were closed due to which the demand for beeswax has also decreased. Sale and production of the beeswax was also stopped and all distribution channels were not working due to which people were unable to place order online or to purchase beeswax from offline market. The COVID-19 has decreased the global beeswax market.
Segmental Outlook
The global beeswax market is segmented based on the type and application. Based on the type, the market is segmented into organic and conventional. Based on the application, the market is sub-segmented into the pharmaceuticals, cosmetics, food and confectionery, and others. The above mentioned segments can be customized as per the requirements. Among these, the organic segment is expected to propel the growth of the market across the globe, owing to the rise in inclination of consumers towards chemical free cosmetic and food products.
Global Beeswax Market Share by Application, 2021 (%)
Pharmaceutical Segment is Expected to Hold the Considerable Share in the Global Beeswax Market
Among the application segment, the pharmaceutical industry is expected to cater considerable market sare of the globa beeswax marketover the forecast period. Beeswax is used in medicines for lowering cholesterol and to relieving pain. It is also used to cure medical conditions such as swelling, diarrhea, and hiccups among others. The coating properties of beeswax increases the use of beeswax in the pharmaceutical industry. Beeswax is a most suitable stabilizer for keeping oil-based capsule contents in suspension. For instance, in Jnnauary 2019, Poth Hille pharmaceutical include beeswax in their products such as like ointments, creams, soft gel capsules and suppositories.
Regional Outlooks
The global beeswax market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement.
Global Beeswax Market Growth, by Region 2021-2027
The Asia-Pacific Region is Expected to Cater Significant Market Growth of the Global Beeswax Market
The Asia-Pacific region is expected to cater considerable market growth of the global beeswax market over the forecast period. The primay factor contributing to the regional growth is the strong presence of several major manufacturers of beeswax in countries such as China, Japan, and India. The demand for beeswax is rapidly increasing in India due its organic properties and benefits. The increasing awareness about the benefits of organic products made people to consume more organic products. The changing lifestyle and preferences of the people regarding the organic products drives the beeswax market.
Market Players Outlook
The major companies serving the global beeswax market include Koster Keunen, Natural Products (I) Pvt. Ltd., Arjun Bees Wax Industries, Bill’s Bees Inc., Nunya Beeswax Candles, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2021, Hilltop Honey launched Hilltop Honey Lip Balm made with beeswax. As a natural beeswax contains natural emulsifiers that hydrate and protect lips against ultra-violet (UV) rays.
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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Beeswax Market
• Recovery Scenario of Global Beeswax Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Beeswax Market by Type
4.1.1. Organic
4.1.2. Conventional
4.2. Global Beeswax Market by Application
4.2.1. Pharmaceuticals
4.2.2. Cosmetics
4.2.3. Food & Confectionery
4.2.4. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Amrobisa Natural Products (I) Pvt. Ltd.
6.2. Arjun Bees Wax Industries
6.3. Bamboo Heaven
6.4. Bill’s Bees Inc.
6.5. Bulk Apothecary
6.6. HEXTON BEE CO.
6.7. Koster Keunen
6.8. Melland Ecogreen Technology Co.,Ltd
6.9. Miller's Honey Co.
6.10. New Zealand Beeswax Ltd.
6.11. Nunya Beeswax Candles
6.12. Paramold Manufacturing LLC
6.13. Poth Hille & Co. Ltd.
6.14. Strahl & Pitsch, Inc.
6.15. The Beeswax Company LLC
1. GLOBAL BEESWAX MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL BEESWAX IN ORGANIC MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL BEESWAX IN CONVENTIONAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL BEESWAX MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
5. GLOBAL BEESWAX FOR PHARMACEUTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL BEESWAX FOR COSMETICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL BEESWAX FOR FOOD AND CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL BEESWAX FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL BEESWAX MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
10. NORTH AMERICAN BEESWAX MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
11. NORTH AMERICAN BEESWAX MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
12. NORTH AMERICAN BEESWAX MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
13. EUROPEAN BEESWAX MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. EUROPEAN BEESWAX MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
15. EUROPEAN BEESWAX MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
16. ASIA-PACIFIC BEESWAX MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. ASIA-PACIFIC BEESWAX MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
18. ASIA-PACIFIC BEESWAX MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
19. REST OF THE WORLD BEESWAX MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. REST OF THE WORLD BEESWAX MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
21. REST OF THE WORLD BEESWAX MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL BEESWAX MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL BEESWAX MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL BEESWAX MARKET, 2021-2027 (%)
4. GLOBAL BEESWAX MARKET SHARE BY TYPE, 2021 VS 2028(%)
5. GLOBAL BEESWAX IN ORGANIC MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
6. GLOBAL BEESWAX IN CONVENTIONAL MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
7. GLOBAL BEESWAX MARKET SHARE BY APPLICATION, 2021 VS 2028(%)
8. GLOBAL BEESWAX FOR PHARMACEUTICALS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
9. GLOBAL BEESWAX FOR COSMETICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
10. GLOBAL BEESWAX FOR FOOD AND CONFECTIONERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
11. GLOBAL BEESWAX FOR OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
12. GLOBAL BEESWAX MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
13. US BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
14. CANADA BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
15. UK BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
16. FRANCE BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
17. GERMANY BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
19. SPAIN BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
20. REST OF EUROPE BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
21. INDIA BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
22. CHINA BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
23. JAPAN BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
24. SOUTH KOREA BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF ASIA-PACIFIC BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD BEESWAX MARKET SIZE, 2021-2028 ($ MILLION)
