Beeswax Market by Product and Geography - Forecast and Analysis 2020-2024

Beeswax Market by Product and Geography - Forecast and Analysis 2020-2024

Global Beeswax Market: About this market

Technavio’s beeswax market analysis considers sales from both conventional beeswax and organic beeswax. Our report also provides a detailed analysis of the market in APAC, Europe, MEA, North America, and South America. In 2019, the conventional beeswax segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the low price and health benefits will play a vital role in influencing the conventional beeswax segment’s market position. Also, our global beeswax market report looks at factors such as the growing awareness about the benefits of beeswax, expansion of organized retailing, and restoration of natural bee habitats. However, the declining number of honeybee colonies, availability of substitutes, and the increasing popularity of DIY beeswax-based products may hamper the growth of the beeswax industry over the forecast period.

Global Beeswax Market: Overview

Growing awareness about the benefits of beeswax

Beeswax helps in eliminating airborne pollutants when burnt, soothes and hydrates skin, promotes healthy hair growth, and protects foods from the effect of acids, which makes it ideal for use in various applications. With the growing awareness about these benefits, market vendors are offering beeswax in different sizes and particles for industry-specific applications. Thus, the growing awareness will lead to the expansion of the global beeswax market at a CAGR of over 2% during the forecast period.

Increasing popularity of beeswax product kits

The growing demand for assorted cosmetic kits among consumers encourages vendors to manufacture beeswax-based body lotions and lipsticks. For instance, the cosmetic kit offered by The Naked Bee includes a hand and body lotion made from lavender and absolute beeswax. Additionally, there are numerous product kits available on e-commerce platforms with various combinations of beeswax products such as multi-color candles, candle sheets, and food wrappers. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global beeswax market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global beeswax market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading beeswax product manufacturers, that include Akrochem Corp., Beeswax Co. LLC, Frank B. Ross Co. Inc., Kahl GmbH & Co. KG, Koster Keunen, New Zealand Beeswax Ltd., Norevo GmbH, Paramold Manufacturing LLC, Poth Hille & Co Ltd., and Strahl & Pitsch Inc.

Also, the beeswax market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key Offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Segments of global agricultural products market
      • Table Global agricultural products market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Conventional beeswax - Market size and forecast 2019-2024
      • Table Conventional beeswax - Market size and forecast 2019-2024 ($ millions)
      • Table Conventional beeswax - Year-over-year growth 2020-2024 (%)
    • Organic beeswax - Market size and forecast 2019-2024
      • Table Organic beeswax - Market size and forecast 2019-2024 ($ millions)
      • Table Organic beeswax - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growth of e-commerce market
    • Increasing popularity of beeswax product kits
    • Emergence of private-label brands
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Akrochem Corp.
      • Table Akrochem Corp. - Vendor overview
      • Table Akrochem Corp. - Product segments
      • Table Akrochem Corp. - Key offerings
    • Beeswax Co. LLC
      • Table Beeswax Co. LLC - Vendor overview
      • Table Beeswax Co. LLC - Product segments
      • Table Beeswax Co. LLC - Key offerings
    • Frank B. Ross Co. Inc.
      • Table Frank B. Ross Co. Inc. - Vendor overview
      • Table Frank B. Ross Co. Inc. - Product segments
      • Table Frank B. Ross Co. Inc. - Key offerings
    • Kahl GmbH & Co. KG
      • Table Kahl GmbH & Co. KG - Vendor overview
      • Table Kahl GmbH & Co. KG - Business segments
      • Table Kahl GmbH & Co. KG - Organizational developments
      • Table Kahl GmbH & Co. KG - Key offerings
    • Koster Keunen
      • Table Koster Keunen - Vendor overview
      • Table Koster Keunen - Business segments
      • Table Koster Keunen - Key offerings
    • New Zealand Beeswax Ltd.
      • Table New Zealand Beeswax Ltd. - Vendor overview
      • Table New Zealand Beeswax Ltd. - Product segments
      • Table New Zealand Beeswax Ltd. - Key offerings
    • Norevo GmbH
      • Table Norevo GmbH - Vendor overview
      • Table Norevo GmbH - Business segments
      • Table Norevo GmbH - Key offerings
    • Paramold Manufacturing LLC
      • Table Paramold Manufacturing LLC - Vendor overview
      • Table Paramold Manufacturing LLC - Business segments
      • Table Paramold Manufacturing LLC - Key offerings
    • Poth Hille & Co Ltd.
      • Table Poth Hille & Co Ltd. - Vendor overview
      • Table Poth Hille & Co Ltd. - Business segments
      • Table Poth Hille & Co Ltd. - Key offerings
    • Strahl & Pitsch Inc.
      • Table Strahl & Pitsch Inc. - Vendor overview
      • Table Strahl & Pitsch Inc. - Business segments
      • Table Strahl & Pitsch Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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