| Product Code: ETC4681698 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023-2024, Serbia`s import trend for paraffin wax experienced significant growth, with a rate of 79.02%. The compound annual growth rate (CAGR) for 2020-2024 stood at 29.57%. This surge could be attributed to increased demand in the manufacturing sector or shifts in trade policies impacting the market.
The Paraffin Wax market in Serbia is projected to grow at a stable growth rate of 0.02% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Serbia Paraffin Wax Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Paraffin Wax Market Revenues & Volume, 2021 & 2031F |
3.3 Serbia Paraffin Wax Market - Industry Life Cycle |
3.4 Serbia Paraffin Wax Market - Porter's Five Forces |
3.5 Serbia Paraffin Wax Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Serbia Paraffin Wax Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Serbia Paraffin Wax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for paraffin wax in the cosmetics and pharmaceutical industries |
4.2.2 Growth in the candle manufacturing sector |
4.2.3 Rising usage of paraffin wax in the packaging industry |
4.3 Market Restraints |
4.3.1 Fluctuating prices of crude oil impacting the production cost of paraffin wax |
4.3.2 Availability of alternatives such as soy wax and beeswax |
4.3.3 Stringent regulations related to environmental concerns and sustainability |
5 Serbia Paraffin Wax Market Trends |
6 Serbia Paraffin Wax Market Segmentations |
6.1 Serbia Paraffin Wax Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Serbia Paraffin Wax Market Revenues & Volume, By Fully Refined Wax, 2021-2031F |
6.1.3 Serbia Paraffin Wax Market Revenues & Volume, By Semi-Refined Wax, 2021-2031F |
6.1.4 Serbia Paraffin Wax Market Revenues & Volume, By Others, 2021-2031F |
6.2 Serbia Paraffin Wax Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Serbia Paraffin Wax Market Revenues & Volume, By Candles, 2021-2031F |
6.2.3 Serbia Paraffin Wax Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.4 Serbia Paraffin Wax Market Revenues & Volume, By Board Sizing, 2021-2031F |
6.2.5 Serbia Paraffin Wax Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.6 Serbia Paraffin Wax Market Revenues & Volume, By Hot Melts, 2021-2031F |
6.2.7 Serbia Paraffin Wax Market Revenues & Volume, By Cosmetics, 2021-2031F |
7 Serbia Paraffin Wax Market Import-Export Trade Statistics |
7.1 Serbia Paraffin Wax Market Export to Major Countries |
7.2 Serbia Paraffin Wax Market Imports from Major Countries |
8 Serbia Paraffin Wax Market Key Performance Indicators |
8.1 Average selling price of paraffin wax in the Serbian market |
8.2 Number of new product launches or innovations in paraffin wax applications |
8.3 Volume of paraffin wax imports or exports in Serbia |
9 Serbia Paraffin Wax Market - Opportunity Assessment |
9.1 Serbia Paraffin Wax Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Serbia Paraffin Wax Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Serbia Paraffin Wax Market - Competitive Landscape |
10.1 Serbia Paraffin Wax Market Revenue Share, By Companies, 2024 |
10.2 Serbia Paraffin Wax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |