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Global Packaging Wax Market Size Study, by Product Type (Paraffin Wax, Microcrystalline Wax, Soy Wax, Other Waxes), Application (Food Packaging, Pharmaceutical Packaging, Personal Care Products, Other Applications), End-Use Industry (Food and Beverages, P

Publisher Bizwit Research & Consulting
Published Jan 13, 2025
Length 285 Pages
SKU # BIZW19502941

Description

Global Packaging Wax Market Size Study, by Product Type (Paraffin Wax, Microcrystalline Wax, Soy Wax, Other Waxes), Application (Food Packaging, Pharmaceutical Packaging, Personal Care Products, Other Applications), End-Use Industry (Food and Beverages, Pharmaceuticals, Cosmetics and Personal Care, Other Industries), Sales Channel (Direct Sales, Distribution Channels, Online Platforms), Form (Solid Wax, Liquid Wax, Emulsions), and Regional Forecasts 2022-2032


The Global Packaging Wax Market, valued at approximately USD 1.76 billion in 2023, is projected to grow steadily at a compound annual growth rate (CAGR) of 3.49% during the forecast period, reaching a market size of USD 2.40 billion by 2032. Packaging waxes, encompassing paraffin, microcrystalline, soy, and other specialty waxes, play a pivotal role in the food, pharmaceutical, and personal care sectors, offering unparalleled barrier properties, gloss, and moisture resistance. These properties render them indispensable in preserving product quality, extending shelf life, and enhancing visual appeal.

The surging demand for sustainable and bio-based waxes is redefining the market landscape, driven by heightened consumer awareness and stringent environmental regulations. Paraffin wax continues to dominate due to its cost-effectiveness, while microcrystalline and soy waxes are gaining traction in premium and eco-conscious applications. However, challenges such as fluctuating raw material costs and the availability of synthetic substitutes are testing market resilience. Nonetheless, innovations in wax formulations and growing investments in biodegradable alternatives are expected to unlock lucrative growth avenues.

Regionally, North America remains a significant contributor to market demand, fueled by advancements in food packaging technologies and the expansion of the pharmaceutical sector. Europe, characterized by its regulatory focus on sustainability, has witnessed a growing preference for bio-based and renewable waxes. Meanwhile, the Asia-Pacific region is emerging as a high-growth market, driven by rapid industrialization, an expanding population base, and rising consumer demand for packaged goods across economies like China and India.

Major market players included in this report are:
• ExxonMobil Corporation
• Sasol Limited
• BASF SE
• Clariant International Ltd.
• The International Group, Inc. (IGI)
• Dow Inc.
• Royal Dutch Shell plc
• Akzo Nobel N.V.
• Hexion Inc.
• Honeywell International Inc.
• Calumet Specialty Products Partners, L.P.
• Evonik Industries AG
• Koster Keunen, Inc.
• Kerax Limited
• Darent Wax Company Ltd.

The detailed segments and sub-segment of the market are explained below:

By Product Type:
• Paraffin Wax
• Microcrystalline Wax
• Soy Wax
• Other Waxes

By Application:
• Food Packaging
• Pharmaceutical Packaging
• Personal Care Products
• Other Applications

By End-Use Industry:
• Food and Beverages
• Pharmaceuticals
• Cosmetics and Personal Care
• Other Industries

By Sales Channel:
• Direct Sales
• Distribution Channels
• Online Platforms

By Form:
• Solid Wax
• Liquid Wax
• Emulsions

By Region:

North America:
• U.S.
• Canada

Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America:
• Brazil
• Mexico

Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Extensive market size estimates and forecasts for a decade (2022–2032).
• Segmental insights covering product types, applications, end-use industries, sales channels, and form factors.
• Comprehensive analysis of regional trends and country-level revenue data.
• Competitive landscape highlighting key players and their strategic initiatives.
• Recommendations for stakeholders to capitalize on emerging market opportunities.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global Packaging Wax Market Executive Summary
1.1. Global Packaging Wax Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Product Type
1.3.2. By Application
1.3.3. By End-Use Industry
1.3.4. By Sales Channel
1.3.5. By Form
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Packaging Wax Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Packaging Wax Market Dynamics
3.1. Market Drivers
3.1.1. Rising Demand for Sustainable and Bio-Based Waxes
3.1.2. Increasing Applications in Food and Pharmaceutical Packaging
3.1.3. Advancements in Wax Formulations and Technologies
3.2. Market Challenges
3.2.1. Fluctuating Raw Material Costs
3.2.2. Availability of Synthetic Substitutes
3.3. Market Opportunities
3.3.1. Innovations in Biodegradable Wax Alternatives
3.3.2. Expansion into Emerging Markets
3.3.3. Development of Premium and Eco-Conscious Applications
Chapter 4. Global Packaging Wax Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Packaging Wax Market Size & Forecasts by Product Type 2022-2032
5.1. Segment Dashboard
5.2. Global Packaging Wax Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Paraffin Wax
5.2.2. Microcrystalline Wax
5.2.3. Soy Wax
5.2.4. Other Waxes
Chapter 6. Global Packaging Wax Market Size & Forecasts by Application 2022-2032
6.1. Segment Dashboard
6.2. Global Packaging Wax Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Food Packaging
6.2.2. Pharmaceutical Packaging
6.2.3. Personal Care Products
6.2.4. Other Applications
Chapter 7. Global Packaging Wax Market Size & Forecasts by Region 2022-2032
7.1. North America Packaging Wax Market
7.1.1. U.S. Packaging Wax Market
7.1.1.1. Product Type Breakdown Size & Forecasts, 2022-2032
7.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
7.1.1.3. End Use Industry Breakdown Size & Forecasts, 2022-2032
7.1.2. Canada Packaging Wax Market
7.1.2.1. Product Type Breakdown Size & Forecasts, 2022-2032
7.1.2.2. Application Breakdown Size & Forecasts, 2022-2032
7.1.2.3. End Use Industry Breakdown Size & Forecasts, 2022-2032
7.2. Europe Packaging Wax Market
7.2.1. UK Packaging Wax Market
7.2.2. Germany Packaging Wax Market
7.2.3. France Packaging Wax Market
7.2.4. Spain Packaging Wax Market
7.2.5. Italy Packaging Wax Market
7.2.6. Rest of Europe Packaging Wax Market
7.3. Asia-Pacific Packaging Wax Market
7.3.1. China Packaging Wax Market
7.3.2. India Packaging Wax Market
7.3.3. Japan Packaging Wax Market
7.3.4. Australia Packaging Wax Market
7.3.5. South Korea Packaging Wax Market
7.3.6. Rest of Asia Pacific Packaging Wax Market
7.4. Latin America Packaging Wax Market
7.4.1. Brazil Packaging Wax Market
7.4.2. Mexico Packaging Wax Market
7.4.3. Rest of Latin America Packaging Wax Market
7.5. Middle East & Africa Packaging Wax Market
7.5.1. Saudi Arabia Packaging Wax Market
7.5.2. South Africa Packaging Wax Market
7.5.3. Rest of Middle
East & Africa Packaging Wax Market
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. ExxonMobil Corporation
8.1.2. Sasol Limited
8.1.3. BASF SE
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. ExxonMobil Corporation
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. Sasol Limited
8.3.3. BASF SE
8.3.4. Clariant International Ltd.
8.3.5. The International Group, Inc. (IGI)
8.3.6. Dow Inc.
8.3.7. Royal Dutch Shell plc
8.3.8. Akzo Nobel N.V.
8.3.9. Hexion Inc.
8.3.10. Honeywell International Inc.
8.3.11. Calumet Specialty Products Partners, L.P.
8.3.12. Evonik Industries AG
8.3.13. Koster Keunen, Inc.
8.3.14. Kerax Limited
8.3.15. Darent Wax Company Ltd.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
List of Tables
TABLE 1. Global Packaging Wax Market, Report Scope
TABLE 2. Global Packaging Wax Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Packaging Wax Market Estimates & Forecasts by Product Type 2022-2032 (USD Million/Billion)
TABLE 4. Global Packaging Wax Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
TABLE 5. Global Packaging Wax Market Estimates & Forecasts by End-Use Industry 2022-2032 (USD Million/Billion)
TABLE 6. Global Packaging Wax Market Estimates & Forecasts by Sales Channel 2022-2032 (USD Million/Billion)
TABLE 7. Global Packaging Wax Market Estimates & Forecasts by Form 2022-2032 (USD Million/Billion)
TABLE 8. Global Packaging Wax Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 9. Global Packaging Wax Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 10. Global Packaging Wax Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 11. Global Packaging Wax Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 12. Global Packaging Wax Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 13. Global Packaging Wax Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 14. Global Packaging Wax Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 15. U.S. Packaging Wax Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 16. U.S. Packaging Wax Market Estimates & Forecasts by Product Type 2022-2032 (USD Million/Billion)
TABLE 17. U.S. Packaging Wax Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
TABLE 18. Canada Packaging Wax Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 19. Canada Packaging Wax Market Estimates & Forecasts by Product Type 2022-2032 (USD Million/Billion)
TABLE 20. Canada Packaging Wax Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
...
This list is not complete; the final report does contain more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIG 1. Global Packaging Wax Market, Research Methodology
FIG 2. Global Packaging Wax Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Packaging Wax Market, Key Trends 2023
FIG 5. Global Packaging Wax Market, Growth Prospects 2022-2032
FIG 6. Global Packaging Wax Market, Porter’s 5 Force Model
FIG 7. Global Packaging Wax Market, PESTEL Analysis
FIG 8. Global Packaging Wax Market, Value Chain Analysis
FIG 9. Global Packaging Wax Market by Product Type, 2022 & 2032 (USD Million/Billion)
FIG 10. Global Packaging Wax Market by Application, 2022 & 2032 (USD Million/Billion)
FIG 11. Global Packaging Wax Market by Food Packaging, 2022 & 2032 (USD Million/Billion)
FIG 12. Global Packaging Wax Market by Region, 2022 & 2032 (USD Million/Billion)
FIG 13. Global Packaging Wax Market by Segment, 2022 & 2032 (USD Million/Billion)
FIG 14. Global Packaging Wax Market, Regional Snapshot 2022 & 2032
FIG 15. North America Packaging Wax Market 2022 & 2032 (USD Million/Billion)
FIG 16. Europe Packaging Wax Market 2022 & 2032 (USD Million/Billion)
FIG 17. Asia-Pacific Packaging Wax Market 2022 & 2032 (USD Million/Billion)
FIG 18. Latin America Packaging Wax Market 2022 & 2032 (USD Million/Billion)
FIG 19. Middle East & Africa Packaging Wax Market 2022 & 2032 (USD Million/Billion)
FIG 20. Global Packaging Wax Market, Company Market Share Analysis (2023)
...
This list is not complete; the final report does contain more than 50 figures. The list may be updated in the final deliverable.

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