The global beeswax market is anticipated to grow at a considerable CAGR of 3.2% during the forecast period. The cosmetic industry holds prominent share of the global beeswax market, as it is highly used in the cosmetic and skin care products. Due to the high consumption of beeswax in cosmetics, beeswax market is expected to grow during the forecast period. It is used in manufacturing cosmetics products such as lip balms, gels, creams, butters, and others, due to which several market players are inclined towards expanding their businesses in cosmetic product line. As a result of which, the companies are coming up with innovative products to attract the people and to increase their customer base.
For instance, in December 2021, VedaOils launched DIY kits for the beauty conscious consumers. As the cosmetic industry market is heavily dominated with the chemical-based beauty products which deteriorates the quality of skin. Thus, the people are inclined towards adopting various natural DIY kits.
Furthermore, in June 2020, Burt’s Bees partnered with PopSockets to launche PopGrip Lips PopSockets with lip balm to ensure that users always have lip balm on hand. PopGrip Lips feature a flip-top lid which is filled with burt’s bees original beeswax lip balm. PopGrip Lips x Burt’s Bees will be offered in five unique patterns for $19.99 and includes two pans of Burt’s Bees lip balm. The product has been launched on PopSockets.com, Burtsbees.com and in Target stores across the US.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including Koster Keunen, Natural Products (I) Pvt. Ltd., Arjun Bees Wax Industries, Bill’s Bees Inc., Nunya Beeswax Candles, and others.
Beeswax Market Report Segment
By Type
- Organic
- Conventional
By Application
- Pharmaceuticals
- Cosmetics
- Food & Confectionery
- Others
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Beeswax Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Amrobisa Natural Products (I) Pvt. Ltd.
- Arjun Bees Wax Industries
- Bamboo Heaven
- Bill’s Bees Inc.
- Bulk Apothecary
- HEXTON BEE CO.
- Koster Keunen
- Melland Ecogreen Technology Co.,Ltd
- Miller’s Honey Co.
- New Zealand Beeswax Ltd.
- Nunya Beeswax Candles
- Paramold Manufacturing LLC
- Poth Hille & Co. Ltd.
- Strahl & Pitsch, Inc.
- The Beeswax Company LLC
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