Product Code: ETC7556814 | Publication Date: Sep 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India wax melts market import shipment demonstrated robust growth with a high CAGR from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024. Overall, the market expanded significantly but showed signs of slowing down towards the end of the period.
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 Wax Melts Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wax Melts Market Revenues & Volume, 2021 & 2031F |
3.3 India Wax Melts Market - Industry Life Cycle |
3.4 India Wax Melts Market - Porter's Five Forces |
3.5 India Wax Melts Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Wax Melts Market Revenues & Volume Share, By Pack Outlook, 2021 & 2031F |
3.7 India Wax Melts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Wax Melts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in India, leading to higher spending on luxury home fragrance products like wax melts. |
4.2.2 Growing awareness about the benefits of aromatherapy and wellness, driving demand for wax melts as a natural and safe alternative. |
4.2.3 Rising popularity of home decor and interior styling trends, where wax melts are used not just for fragrance but also as decorative items. |
4.2.4 Expansion of e-commerce platforms in India, providing greater accessibility and convenience for consumers to purchase wax melts online. |
4.3 Market Restraints |
4.3.1 Competition from other home fragrance products such as candles, diffusers, and air fresheners, limiting market penetration for wax melts. |
4.3.2 Fluctuating prices of raw materials like essential oils and waxes, impacting the production cost and pricing of wax melts. |
4.3.3 Lack of standardized regulations and quality control measures in the market, leading to concerns about product safety and authenticity. |
5 India Wax Melts Market Trends |
6 India Wax Melts Market, By Types |
6.1 India Wax Melts Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Wax Melts Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Wax Melts Market Revenues & Volume, By Paraffin, 2021- 2031F |
6.1.4 India Wax Melts Market Revenues & Volume, By Soy Wax, 2021- 2031F |
6.1.5 India Wax Melts Market Revenues & Volume, By Palm Wax, 2021- 2031F |
6.1.6 India Wax Melts Market Revenues & Volume, By Beeswax, 2021- 2031F |
6.1.7 India Wax Melts Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Wax Melts Market, By Pack Outlook |
6.2.1 Overview and Analysis |
6.2.2 India Wax Melts Market Revenues & Volume, By Single Pack, 2021- 2031F |
6.2.3 India Wax Melts Market Revenues & Volume, By Multi Pack, 2021- 2031F |
6.3 India Wax Melts Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Wax Melts Market Revenues & Volume, By Household, 2021- 2031F |
6.3.3 India Wax Melts Market Revenues & Volume, By Commercial, 2021- 2031F |
7 India Wax Melts Market Import-Export Trade Statistics |
7.1 India Wax Melts Market Export to Major Countries |
7.2 India Wax Melts Market Imports from Major Countries |
8 India Wax Melts Market Key Performance Indicators |
8.1 Number of new product launches in the wax melts segment, indicating innovation and market interest. |
8.2 Growth in the number of retail outlets and online platforms offering a diverse range of wax melt products. |
8.3 Increase in consumer engagement on social media platforms and online forums discussing wax melts, reflecting growing interest and demand. |
8.4 Percentage of repeat customers or customer retention rate for wax melt brands, demonstrating customer loyalty and satisfaction. |
8.5 Expansion of distribution channels for wax melts into new regions or markets within India, highlighting market growth potential. |
9 India Wax Melts Market - Opportunity Assessment |
9.1 India Wax Melts Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Wax Melts Market Opportunity Assessment, By Pack Outlook, 2021 & 2031F |
9.3 India Wax Melts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Wax Melts Market - Competitive Landscape |
10.1 India Wax Melts Market Revenue Share, By Companies, 2024 |
10.2 India Wax Melts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |