Market Overview:
The global laurel wax market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural ingredients in cosmetics and rising awareness about the benefits of laurel wax among consumers. Laurel wax is a natural ingredient that is obtained from Laurus nobilis, also known as bay leaves. It has various properties such as emollient, antioxidant, anti-inflammatory, and antimicrobial that make it suitable for use in cosmetics products. Some of its applications include lipsticks, creams and lotions, and others. The global laurel wax market is segmented on the basis of type into cosmetic grade and others. The cosmetic grade segment accounted for a major share of the global laurel wax market in 2017 owing to its widespread use in cosmetics products. On the basis of application, the market is segmented into lipsticks, creams and lotions, hair care products,, sunscreens,, deodorants & antiperspirants,, fragrances,, oral care products,, baby care products,.and Others. The lipsticks segment accounted for a major share ofthe application segmentin 2017 due to rising demandfor color cosmetics worldwide.Onthe basisof region,.Latin America,.Europe., Asia Pacific.
Product Definition:
Laurel wax is a type of natural wax that is derived from the leaves of the laurel tree. It has a variety of uses, including in cosmetics and food products. Laurel wax is also used as an ingredient in some types of candles, because it helps to produce a strong and long-lasting flame.
Cosmetic Grade:
Cosmetic grade is the purest form of wax produced from the leaves of the plant. It has high demand in various cosmetic products such as lipsticks, creams, and sunscreens. The growth factor responsible for its high demand is its ability to protect skin from harmful UV rays which leads to skin tanning and burning. Apart from this property it also offers moisture retention properties that make it suitable for use in various cosmetics formulations like moisturizers, anti-aging creams etc.
Others:
Others is the second largest raw material used in the manufacturing of Laurel Wax. Others mainly consist of paraffin, soy, and microcrystalline waxes. These are generally used to increase melting point and viscosity for better product formation. The market for others is driven by increasing demand from various application industries such as candles & scented products manufacturing, coating & printing inks industry among others which include cosmetics & personal care products manufacturing among many other industries.
Application Insights:
Creams and lotions was the largest application segment in 2017, accounting for over 35% of the global market. The segment is expected to witness growth due to rising health concerns among consumers regarding skin allergies caused by harmful chemicals present in conventional products.
The lip stick industry has been witnessing significant growth over the past few years owing to increasing demand for natural cosmetic products with enhanced features. In addition, growing awareness about personal grooming among women around the world is expected to boost product demand in this segment during forecast period. Creams and lotions are majorly used as emollient agents that help prevent dryness of skin caused due largely because of harsh winters across most parts of Europe and North America regions.
Regional Analysis:
North America held the largest share of over 35.0% in 2017. The region is expected to maintain its lead throughout the forecast period owing to high consumer awareness and availability of a wide range of cosmetic products infused with laurel waxes. Europe is anticipated to be one of the fastest growing regional markets due to increasing demand for natural based cosmetics from countries such as Germany, France, Italy, and U.K.
Asia Pacific is projected to be one of the fastest-growing regional markets at a CAGR exceeding 6.5% during the forecast period on account rising health consciousness among consumers along with increasing disposable income levels in emerging economies including China.
Growth Factors:
- Increasing demand from end-use industries such as cosmetics, pharmaceuticals, and food & beverages
- Rising awareness about the benefits of Laurel Wax among consumers
- Growing popularity of natural ingredients in personal care products
- Technological advancements in the production of Laurel Waxes
- Expansion of distribution channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Laurel Wax Market Research Report
By Type
Cosmetic Grade, Others
By Application
Lip Stick, Creams and Lotions, Others
By Companies
Strahl?Pitsch, MakingCosmetics, Koster Keunen, Poth Hille
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Laurel Wax Market Report Segments:
The global Laurel Wax market is segmented on the basis of:
Types
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
Lip Stick, Creams and Lotions, 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:
- Strahl?Pitsch
- MakingCosmetics
- Koster Keunen
- Poth Hille
Highlights of The Laurel Wax 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:
- Cosmetic Grade
- Others
- By Application:
- Lip Stick
- Creams and Lotions
- 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 Laurel Wax 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?
Laurel Wax is a natural wax that is made from the leaves of the laurel tree. It has been used for centuries to treat hair and skin problems, including dandruff, dryness, and irritation.
Some of the major players in the laurel wax market are Strahl?Pitsch, MakingCosmetics, Koster Keunen, Poth Hille.
The laurel wax market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laurel Wax Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laurel Wax Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laurel Wax Market - Supply Chain
4.5. Global Laurel Wax Market Forecast
4.5.1. Laurel Wax Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laurel Wax Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laurel Wax Market Absolute $ Opportunity
5. Global Laurel Wax Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laurel Wax Market Size and Volume Forecast by Type
5.3.1. Cosmetic Grade
5.3.2. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laurel Wax Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laurel Wax Market Size and Volume Forecast by Application
6.3.1. Lip Stick
6.3.2. Creams and Lotions
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laurel Wax Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laurel Wax Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laurel Wax Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laurel Wax Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laurel Wax Demand Share Forecast, 2019-2026
9. North America Laurel Wax Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laurel Wax Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laurel Wax Market Size and Volume Forecast by Application
9.4.1. Lip Stick
9.4.2. Creams and Lotions
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laurel Wax Market Size and Volume Forecast by Type
9.7.1. Cosmetic Grade
9.7.2. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laurel Wax Demand Share Forecast, 2019-2026
10. Latin America Laurel Wax Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laurel Wax Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laurel Wax Market Size and Volume Forecast by Application
10.4.1. Lip Stick
10.4.2. Creams and Lotions
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laurel Wax Market Size and Volume Forecast by Type
10.7.1. Cosmetic Grade
10.7.2. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laurel Wax Demand Share Forecast, 2019-2026
11. Europe Laurel Wax Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laurel Wax Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laurel Wax Market Size and Volume Forecast by Application
11.4.1. Lip Stick
11.4.2. Creams and Lotions
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laurel Wax Market Size and Volume Forecast by Type
11.7.1. Cosmetic Grade
11.7.2. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
1.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laurel Wax Demand Share, 2019-2026
12. Asia Pacific Laurel Wax Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laurel Wax Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laurel Wax Market Size and Volume Forecast by Application
12.4.1. Lip Stick
12.4.2. Creams and Lotions
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laurel Wax Market Size and Volume Forecast by Type
12.7.1. Cosmetic Grade
12.7.2. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laurel Wax Demand Share, 2019-2026
13. Middle East & Africa Laurel Wax Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laurel Wax Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laurel Wax Market Size and Volume Forecast by Application
13.4.1. Lip Stick
13.4.2. Creams and Lotions
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laurel Wax Market Size and Volume Forecast by Type
13.7.1. Cosmetic Grade
13.7.2. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laurel Wax Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laurel Wax Market: Market Share Analysis
14.2. Laurel Wax Distributors and Customers
14.3. Laurel Wax Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Strahl?Pitsch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MakingCosmetics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Koster Keunen
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Poth Hille
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
