Industry Background:
Beeswax is naturally obtained from the bee's hives by honeybees, it is also produced in laboratories. Beeswax product is available in two types including yellow beeswax and white beeswax. It is produced by two types of extraction methods, melting ad chemical extraction available in natural and commercial form beeswax. Beeswax is used for pain, high cholesterol, fungal skin infections, and others along with its usage in cosmetic & personal care products as it is also very good for the skin.This growth is primarily driven by Emerging Honeycomb Usage in Various Industries
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | Value (USD Million) |
Key Companies in Study | Akrochem Corporation (United States), Paramold Manufacturing Ltd (United States), Poth Hille & Co Ltd (United Kingdom), Bill's Bees (United States), Bee Natural Uganda Ltd (Uganda), New Zealand Beeswax Ltd (New Zealand), Tuchel & Sohn GmbH (Germany), Hase Petroleum Wax Co. (United States), Beeswax Wrap Co. (United Kingdom) and GiriWax (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Increasing Usage of Beeswax in Candle Production. Major Vendors, such as Akrochem Corporation (United States), Paramold Manufacturing Ltd (United States), Poth Hille & Co Ltd (United Kingdom), Bill's Bees (United States), Bee Natural Uganda Ltd (Uganda), New Zealand Beeswax Ltd (New Zealand), Tuchel & Sohn GmbH (Germany), Hase Petroleum Wax Co. (United States), Beeswax Wrap Co. (United Kingdom) and GiriWax (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 5th October 2020, A Nailsworth company launched beeswax wraps is celebrating its latest brand collaboration. The Beeswax Wrap Co has selected two iconic styles from the renowned potter Emma Bridgewater which it is now able to print onto organic cotton and make into beeswax wraps.
Regulatory Insights:
"The use of beeswax is permitted as an additive (E901) for the edible coating and glazing of some foods. If beeswax is used to protect the cheese and is not intended to be eaten, it is a food contact material that must comply with the requirements set out in Regulation (EU) 1935/2004. There is no material-specific legislation for contact materials made from beeswax. It has emerged that in some cases beeswax has been extended with paraffin oil containing mineral oils which are harmful to human health (MOSH and MOAH)."
Market Drivers
- Emerging Honeycomb Usage in Various Industries
- Demand for Beeswax as Natural Exfoliator in Cosmetics Industry
Market Trend
- Increasing Usage of Beeswax in Candle Production
Restraints
- Allergy-Related Side Effects Associated with Beeswax
Opportunities
Easy Availability of Beeswax Product Range Online in Different Packaging and Surging Demand for the Beeswax in Food Industry
Challenges
Availability of Low-Quality Duplicate Beeswax Products in the Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Beeswax Study Sheds Light on
The Beeswax Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Beeswax industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Beeswax industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.