| Product Code: ETC4681647 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The paraffin wax import market in Ireland continues to show notable trends in 2024. Despite a decrease in growth rate from the previous year, the market is witnessing high concentration levels with top exporting countries such as Germany, China, and the Netherlands dominating the shipments. The increased concentration indicates a competitive landscape among these key players. With a strong CAGR of 7.92% over the period of 2020-2024, the market is expected to maintain steady growth, highlighting the importance of these imports for Ireland`s economy.

Ireland's Paraffin Wax market is anticipated to experience a stable growth rate of 0.00% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Ireland Paraffin Wax Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Paraffin Wax Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Paraffin Wax Market - Industry Life Cycle |
3.4 Ireland Paraffin Wax Market - Porter's Five Forces |
3.5 Ireland Paraffin Wax Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Paraffin Wax Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Ireland Paraffin Wax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for candles and cosmetics industries |
4.2.2 Growing use of paraffin wax in the packaging industry |
4.2.3 Rising disposable income leading to higher spending on luxury products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of crude oil affecting paraffin wax production costs |
4.3.2 Shift towards sustainable and eco-friendly alternatives impacting market demand |
4.3.3 Regulatory restrictions on the use of paraffin wax in certain applications |
5 Ireland Paraffin Wax Market Trends |
6 Ireland Paraffin Wax Market Segmentations |
6.1 Ireland Paraffin Wax Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Paraffin Wax Market Revenues & Volume, By Fully Refined Wax, 2021-2031F |
6.1.3 Ireland Paraffin Wax Market Revenues & Volume, By Semi-Refined Wax, 2021-2031F |
6.1.4 Ireland Paraffin Wax Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ireland Paraffin Wax Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Ireland Paraffin Wax Market Revenues & Volume, By Candles, 2021-2031F |
6.2.3 Ireland Paraffin Wax Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.4 Ireland Paraffin Wax Market Revenues & Volume, By Board Sizing, 2021-2031F |
6.2.5 Ireland Paraffin Wax Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.6 Ireland Paraffin Wax Market Revenues & Volume, By Hot Melts, 2021-2031F |
6.2.7 Ireland Paraffin Wax Market Revenues & Volume, By Cosmetics, 2021-2031F |
7 Ireland Paraffin Wax Market Import-Export Trade Statistics |
7.1 Ireland Paraffin Wax Market Export to Major Countries |
7.2 Ireland Paraffin Wax Market Imports from Major Countries |
8 Ireland Paraffin Wax Market Key Performance Indicators |
8.1 Average selling price of paraffin wax |
8.2 Import and export volumes of paraffin wax |
8.3 Adoption rate of paraffin wax in new applications |
8.4 Number of new product launches containing paraffin wax |
8.5 Consumer sentiment towards paraffin wax products |
9 Ireland Paraffin Wax Market - Opportunity Assessment |
9.1 Ireland Paraffin Wax Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Paraffin Wax Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Ireland Paraffin Wax Market - Competitive Landscape |
10.1 Ireland Paraffin Wax Market Revenue Share, By Companies, 2024 |
10.2 Ireland Paraffin Wax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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