Market Overview:
The global beeswax absolute market is estimated to be valued at US$ XX million in 2018 and is projected to reach US$ XX million by 2030, registering a CAGR of X.X% during the forecast period. The growth in the market can be attributed to the increasing demand for beeswax absolute from various applications such as food, medicine, cosmetics, and others. Moreover, the growing awareness about the benefits of beeswax absolute is also expected to fuel the growth of this market during the forecast period. On basis of type, food grade accounted for a major share of the global beeswax absolute market in 2018. This can be attributed to its increasing use in various applications such as confectionery items and bakery products. However, cosmetic grade is projected to register highest CAGR over the forecast period owing to its growing use in skin care products and other personal care items. On basis of application, food accounted for majority share of global Bees Wax Absolute Market followed by medicine & cosmetics segments respectively In terms Of value In 2018 And Is Expected To Remain Dominant Over The Forecast Period .This Can Be Attributed To Increasing Use Of Bees Wax Absolute As A Food Ingredient And Its Medicinal Properties Such As Antioxidant Properties And Wound Healing Capacity .
Product Definition:
Beeswax absolute is a natural product obtained from the honeycomb of bees. The wax is melted and the oil is separated by means of distillation. Beeswax absolute has a strong, characteristic odor that is not unpleasant. It blends well with floral, spicy, and woody scents.
Food Grade:
Food-grade beeswax is a type of beeswax that has been processed to remove the honey content. It is used in food products as an alternative to butter and other spreads, where a similar texture and appearance are desired. Food grade beeswax can be produced from several sources including apiaries,rafts,and processing plants.
Cosmetic Grade:
Cosmetic grade beeswax absolute is a natural wax produced from honeybee. It has high demand in the cosmetics market owing to its ability to moisturize, treat dry skin and provide anti-aging benefits.
It also helps in reducing fine lines and wrinkles, which makes it suitable for use as an ingredient in various cosmetic products such as lipsticks, creams & lotions, sunscreens lotions & oils among others.
Application Insights:
The others segment includes paints and coatings, adhesives and sealants, candles, soaps, lubricants and waxes. Beeswax absolute is used in manufacturing various cosmetics including lipsticks, creams/butters/salves (excluding shaving foams), eye shadows/blushers (excluding shaving foams), foundations/concealers as well as hair & skincare products. The product has a high melting point which makes it suitable for candle making. It is also used in the manufacture of other niche applications such as modeling waxes for architects and engineers who require a medium that will not drip or run when applied to the surface of construction models or architectural designs.
Regional Analysis:
North America was the largest market for beeswax absolute, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well due to growing consumer awareness regarding health and hygiene coupled with increasing demand from food and cosmetic industries.
Europe is anticipated to be one of the fastest-growing markets at a CAGR of XX% from 2018 to 2030 owing to high product demand in various applications such as cosmetics, pharmaceuticals, food products and others across countries such as Germany, France Italy, U.K., Spain among others will drive growth over next eight years or so. Moreover it has been observed that consumption of honeybee products increases during festive seasons which includes Christmas Eve/Christmas Day (Dec 25), Easter (Mar 31), Halloween/All Saints Day (Nov 1) & Bonfire Night/Independence Day (Jul 4).
Growth Factors:
- Increasing demand for natural and organic cosmetics products
- Rising awareness about the benefits of beeswax absolute
- Growing popularity of aromatherapy and essential oils therapies
- Proliferation of online retail platforms that offer premium quality beeswax absolute products at competitive prices
- Increasing number of beauty salons and spas that use beeswax absolute in their treatments
Scope Of The Report
Report Attributes
Report Details
Report Title
Beeswax Absolute Market Research Report
By Type
Food Grade, Cosmetic Grade, Others
By Application
Food, Medicine, Cosmetic, Others
By Companies
Lush Retail, Eden Botanicals, Hermitage Oils, Nature’s Gift, Camden-Grey Essential Oils, SEOC, Albert Vieille, Ernesto Ventos, Biolandes Aromes, Lush Retail
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Beeswax Absolute Market Report Segments:
The global Beeswax Absolute market is segmented on the basis of:
Types
Food Grade, Cosmetic Grade, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Medicine, Cosmetic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Lush Retail
- Eden Botanicals
- Hermitage Oils
- Nature’s Gift
- Camden-Grey Essential Oils
- SEOC
- Albert Vieille
- Ernesto Ventos
- Biolandes Aromes
- Lush Retail
Highlights of The Beeswax Absolute Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Cosmetic Grade
- Others
- By Application:
- Food
- Medicine
- Cosmetic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beeswax Absolute Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beeswax absolute is a natural wax obtained from the honeycomb of bees. It has a characteristic yellow color and a strong, sweet odor. Beeswax absolute is used in perfumes, soaps, lotions, and other skin care products.
Some of the major companies in the beeswax absolute market are Lush Retail, Eden Botanicals, Hermitage Oils, Nature’s Gift, Camden-Grey Essential Oils, SEOC, Albert Vieille, Ernesto Ventos, Biolandes Aromes, Lush Retail.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beeswax Absolute Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beeswax Absolute Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beeswax Absolute Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beeswax Absolute Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beeswax Absolute Market Size & Forecast, 2020-2028
4.5.1 Beeswax Absolute Market Size and Y-o-Y Growth
4.5.2 Beeswax Absolute Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Cosmetic Grade
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Medicine
6.2.3 Cosmetic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beeswax Absolute Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beeswax Absolute Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Cosmetic Grade
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Medicine
9.10.3 Cosmetic
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Cosmetic Grade
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Medicine
10.10.3 Cosmetic
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Cosmetic Grade
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Medicine
11.10.3 Cosmetic
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Cosmetic Grade
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Medicine
12.10.3 Cosmetic
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Cosmetic Grade
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Medicine
13.10.3 Cosmetic
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beeswax Absolute Market: Competitive Dashboard
14.2 Global Beeswax Absolute Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Lush Retail
14.3.2 Eden Botanicals
14.3.3 Hermitage Oils
14.3.4 Nature’s Gift
14.3.5 Camden-Grey Essential Oils
14.3.6 SEOC
14.3.7 Albert Vieille
14.3.8 Ernesto Ventos
14.3.9 Biolandes Aromes
14.3.10 Lush Retail
