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Global Candelilla Wax Market Analysis, Share, Forecast: By Form: Lumps, Slabs, Pastilles, Flakes, Spray Powder, Ground Powder, Others; By Application: Additive, Glazing Agent, Binder, Emulsifier, Others; By End Use: Cosmetics and Personal Care, Food, Pharmaceuticals, Textiles, Others; Regional Analysis; Competitive Landscape; 2024-2032
Global Candelilla Wax Market Outlook
The global candelilla wax market is expected to grow in the forecast period of 2024-2032 at a CAGR of 8%.
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Growing Cosmetic and Personal Care Industries to Drive the Demand for Candelilla Wax
The steadily-expanding personal care and cosmetics industries are a major contributor to the growth of the candelilla wax industry. Its properties as a barrier agent to protect the plant from harsh, dry conditions have led to applications in the manufacture of cosmetics and skincare products such as moisturisers, lip balms, lotions, and others.
North America and Latin America are expected to be the leading regions in the candelilla wax industry in terms of the production and consumption of the product. This is due to the cheaply available raw materials and the increasing demand due to its numerous end-uses in various industries. North America and Europe are seeing a rise in demand for plant-based products due to the growing eco-consciousness and, thus, candelilla wax products are expected to capture the market for animal-based products such as beeswax.
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Candelilla Wax: Market Segmentation
Candelilla (scientifically known as Euphorbia antisyphilitica) is a flowering plant that is shrubby in appearance with erect stems that are in densely-packed clusters. It is found naturally in the United States and in Mexico. Candelilla wax is the wax derived from the coated stems of this plant. The product obtained is a yellowish-brown, brittle, aromatic substance, which may be opaque or translucent in appearance.
The major forms of candelilla wax are:
- Lumps
- Slabs
- Pastilles
- Flakes
- Spray Powder
- Ground Powder
- Others
The market can be broadly categorised on the basis of its applications into:
- Additive
- Glazing Agent
- Binder
- Emulsifier
- Others
The end uses of candelilla wax include:
- Cosmetics and Personal Care
- Food
- Pharmaceuticals
- Textiles
- Others
The EMR report looks into the regional markets of candelilla wax like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Vegan Population to Boost the Demand for Candelilla Wax Products
Veganism is the practice of completely avoiding animal products. The rising vegan population, especially in the developed countries of the North American and European regions are expected to drive demand for plant-based products, including candelilla wax. As health-consciousness spreads globally, more and more consumers are opting for organic substitutions to the products they use on a daily basis. This is due to the improved health characteristics associated with naturally-sourced products, and is expected to lead to an increase in the production capacity for the candelilla wax industry on a global scale.
The recent surge in the pharmaceuticals and FMCG industry is expected to persist during the forecast period, which is predicted to drive the demand for candelilla wax due to its use as a glazing agent and binder in the pharmaceuticals sector, as well as in the manufacture of everyday products.
Key Industry Players in the Global Candelilla Wax Market
The report presents a detailed analysis of the following key players in the global candelilla wax, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Norevo GmbH
- Carmel Group
- Kahl GmbH & CO. K.G.
- Koster Keunen
- Multiceras S.A. de C.V.
- Arjun Beeswax Industries
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Application |
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| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Candelilla Wax Market Analysis
8.1 Key Industry Highlights
8.2 Global Candelilla Wax Historical Market (2018-2023)
8.3 Global Candelilla Wax Market Forecast (2024-2032)
8.4 Global Candelilla Wax Market by Form
8.4.1 Lumps
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Slabs
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Pastilles
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Flakes
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Spray Powder
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Ground Powder
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global Candelilla Wax Market by Application
8.5.1 Additive
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Glazing Agent
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Binder
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Emulsifier
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Candelilla Wax Market by End Use
8.6.1 Cosmetics and Personal Care
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Food
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Pharmaceuticals
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Textiles
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Candelilla Wax Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Candelilla Wax Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Candelilla Wax Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Candelilla Wax Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Candelilla Wax Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Candelilla Wax Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
16.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Norevo GmbH
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Carmel Group
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Kahl GmbH & CO. K.G.
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Koster Keunen
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Multiceras S.A. de C.V.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Arjun Beeswax Industries
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Key Figures and Tables
1. Global Candelilla Wax Market: Key Industry Highlights, 2018 and 2032
2. Global Candelilla Wax Historical Market: Breakup by Form (USD Billion), 2018-2023
3. Global Candelilla Wax Market Forecast: Breakup by Form (USD Billion), 2024-2032
4. Global Candelilla Wax Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Candelilla Wax Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Candelilla Wax Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Candelilla Wax Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Candelilla Wax Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Candelilla Wax Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Candelilla Wax Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Candelilla Wax Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. North America Historical Price Trends and Forecast 2018-2032
21. Europe Historical Price Trends and Forecast 2018-2032
22. Asia Pacific Historical Price Trends and Forecast 2018-2032
23. Latin America Historical Price Trends and Forecast 2018-2032
24. Middle East and Africa Historical Price Trends and Forecast 2018-2032
25. Global Candelilla Wax Market Structure
Key Questions Answered in the Report
In the forecast period of 2024-2032, the global candelilla wax market is expected to grow at a CAGR of 8%.
The major drivers of the industry, such as rising disposable incomes, steadily-expanding cosmetics and personal care industry, growing eco and health-consciousness, rapid urbanisation, and the rise in vegan population, are expected to aid the market growth.
The key industry trend in the market is the recent surge in the pharmaceuticals and FMCG industries.
The major regional markets include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The major forms of candelilla wax are lumps, slabs, pastilles, flakes, spray powder, and ground powder, among others.
Candelilla wax finds its applications as an additive, glazing agent, binder, and emulsifier, among others.
The end-uses of the product are cosmetics and personal care, food, pharmaceuticals, textile, and others.
The key industry players of the market are Norevo GmbH, Carmel Group, Kahl GmbH & CO. K.G., Koster Keunen, Multiceras S.A. de C.V., and Arjun Beeswax Industries, among others.
Analyst Review
The global candelilla wax market is being driven by the growth in the cosmetics and personal care industry. Aided by the rising vegan population, the market is expected to witness a healthy growth in the forecast period of 2024-2032, growing at a CAGR of 8%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its forms, the market can be segmented into lumps, slabs, pastilles, flakes, spray powder, ground powder, and others. On the basis of applications, the market is broken up as additives, glazing agents, binders, emulsifiers, and others. There are several end-uses for candelilla wax, such as in cosmetics and personal care, food, pharmaceuticals, textile, and others. The major regional markets for candelilla wax are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Norevo GmbH, Carmel Group, Kahl GmbH & CO. K.G., Koster Keunen, Multiceras S.A. de C.V., and Arjun Beeswax Industries, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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