| Product Code: ETC5669940 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Gabon continued to witness a high concentration of industrial wax imports, with top exporters including China, USA, France, Areas, nes, and Germany. Despite the significant presence of multiple exporting countries, the Herfindahl-Hirschman Index (HHI) remained at elevated levels, indicating a concentrated market. The compound annual growth rate (CAGR) for industrial wax imports in Gabon registered a decline of -11.1%, while the growth rate plummeted by -81.33%, reflecting challenging market conditions in the sector. These figures suggest a complex landscape for industrial wax trade in Gabon, with potential opportunities for market players to explore.

The industrial wax market in Gabon is growing as the demand for wax-based products increases in industries such as manufacturing, cosmetics, and food processing. Industrial waxes are used for a wide range of applications, including coatings, lubricants, and additives in the production of candles, packaging, and cosmetics. As Gabons industrial and manufacturing sectors expand, particularly in the food and beauty industries, the demand for industrial wax is expected to increase. Moreover, innovations in wax formulations that offer improved sustainability and performance are shaping the market.
The Gabon Industrial Wax market is growing due to the increasing demand for wax in various applications, including the production of candles, coatings, packaging, and cosmetics. As industries seek materials that enhance product durability, texture, and finish, waxes are becoming essential. The demand for waxes in the food industry for coatings and preservatives, alongside the growth of the cosmetics and personal care industries, is driving this market in Gabon.
The Gabon Industrial Wax market faces challenges from high import costs and limited local production. Additionally, the demand for industrial wax is limited to niche applications such as packaging and cosmetics, restricting overall market potential.
Industrial waxes are used across multiple sectors, including cosmetics, food processing, and manufacturing. Gabons policies supporting agricultural growth and manufacturing efficiency indirectly boost the demand for industrial wax products in sectors such as packaging and food processing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Gabon Industrial wax Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Industrial wax Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Industrial wax Market - Industry Life Cycle |
3.4 Gabon Industrial wax Market - Porter's Five Forces |
3.5 Gabon Industrial wax Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Gabon Industrial wax Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gabon Industrial wax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Industrial wax Market Trends |
6 Gabon Industrial wax Market Segmentations |
6.1 Gabon Industrial wax Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon Industrial wax Market Revenues & Volume, By Fossil-based wax, 2021-2031F |
6.1.3 Gabon Industrial wax Market Revenues & Volume, By Synthetic wax, 2021-2031F |
6.1.4 Gabon Industrial wax Market Revenues & Volume, By Bio-Based wax, 2021-2031F |
6.2 Gabon Industrial wax Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Gabon Industrial wax Market Revenues & Volume, By Candles, 2021-2031F |
6.2.3 Gabon Industrial wax Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.4 Gabon Industrial wax Market Revenues & Volume, By Coatings & Polishes, 2021-2031F |
6.2.5 Gabon Industrial wax Market Revenues & Volume, By Hot-melt Adhesives, 2021-2031F |
6.2.6 Gabon Industrial wax Market Revenues & Volume, By Tires & Rubber, 2021-2031F |
6.2.7 Gabon Industrial wax Market Revenues & Volume, By Cosmetics & Personal Care, 2021-2031F |
7 Gabon Industrial wax Market Import-Export Trade Statistics |
7.1 Gabon Industrial wax Market Export to Major Countries |
7.2 Gabon Industrial wax Market Imports from Major Countries |
8 Gabon Industrial wax Market Key Performance Indicators |
9 Gabon Industrial wax Market - Opportunity Assessment |
9.1 Gabon Industrial wax Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Gabon Industrial wax Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gabon Industrial wax Market - Competitive Landscape |
10.1 Gabon Industrial wax Market Revenue Share, By Companies, 2024 |
10.2 Gabon Industrial wax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |