Product Code: ETC219444 | Publication Date: Aug 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The India candelilla wax market import shipments exhibited robust growth from 2020 to 2024, with a notable CAGR of 19.6%. Momentum accelerated significantly between 2023 and 2024, showcasing a remarkable growth rate of 129.8%. The market clearly expanded rapidly, indicating a strong upward trend.
India Candelilla Wax Market is experiencing growth. The growth is driven by factors such as increasing demand for natural and organic cosmetics and personal care products, growing awareness of the benefits of candelilla wax in pharmaceuticals and cosmetics industries. Additionally, the market is growing due to increasing use of candelilla wax in various applications such as lotions, lip balm, creams and other personal care products. However, the market faces some challenges such as limited availability of raw materials, high cost of production, and lack of awareness about candelilla wax in certain regions. Furthermore, the market also faces competition from other waxes and synthetic alternatives.
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 India Candelilla Wax Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Candelilla Wax Market Revenues & Volume, 2021 & 2028F |
3.3 India Candelilla Wax Market - Industry Life Cycle |
3.4 India Candelilla Wax Market - Porter's Five Forces |
3.5 India Candelilla Wax Market Revenues & Volume Share, By Form, 2021 & 2028F |
3.6 India Candelilla Wax Market Revenues & Volume Share, By Application, 2021 & 2028F |
4 India Candelilla Wax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and sustainable products in various industries such as cosmetics, pharmaceuticals, and food. |
4.2.2 Growing awareness about the benefits of candelilla wax, such as its vegan and cruelty-free nature. |
4.2.3 Rising disposable income leading to higher spending on premium cosmetic and personal care products. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the production cost of candelilla wax. |
4.3.2 Limited availability of candelilla wax due to restricted cultivation areas and harvesting challenges. |
5 India Candelilla Wax Market Trends |
6 India Candelilla Wax Market, By Types |
6.1 India Candelilla Wax Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 India Candelilla Wax Market Revenues & Volume, By Form, 2018 - 2028F |
6.1.3 India Candelilla Wax Market Revenues & Volume, By Powder, Flakes and Granules, 2018 - 2028F |
6.1.4 India Candelilla Wax Market Revenues & Volume, By Crude Lump, 2018 - 2028F |
6.1.5 India Candelilla Wax Market Revenues & Volume, By Refined Lump, 2018 - 2028F |
6.2 India Candelilla Wax Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Candelilla Wax Market Revenues & Volume, By Polishes, 2018 - 2028F |
6.2.3 India Candelilla Wax Market Revenues & Volume, By Lubricants, 2018 - 2028F |
6.2.4 India Candelilla Wax Market Revenues & Volume, By Chewing Gum Base, 2018 - 2028F |
6.2.5 India Candelilla Wax Market Revenues & Volume, By Cosmetics, 2018 - 2028F |
6.2.6 India Candelilla Wax Market Revenues & Volume, By Waterproofing Paper, 2018 - 2028F |
6.2.7 India Candelilla Wax Market Revenues & Volume, By Pharmaceutical, 2018 - 2028F |
7 India Candelilla Wax Market Import-Export Trade Statistics |
7.1 India Candelilla Wax Market Export to Major Countries |
7.2 India Candelilla Wax Market Imports from Major Countries |
8 India Candelilla Wax Market Key Performance Indicators |
8.1 Number of new product launches containing candelilla wax. |
8.2 Percentage increase in the use of candelilla wax in various applications. |
8.3 Adoption rate of candelilla wax substitutes in the market. |
9 India Candelilla Wax Market - Opportunity Assessment |
9.1 India Candelilla Wax Market Opportunity Assessment, By Form, 2021 & 2028F |
9.2 India Candelilla Wax Market Opportunity Assessment, By Application, 2021 & 2028F |
10 India Candelilla Wax Market - Competitive Landscape |
10.1 India Candelilla Wax Market Revenue Share, By Companies, 2021 |
10.2 India Candelilla Wax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |