Product Code: ETC219323 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
South Korea Beeswax market currently, in 2023, has witnessed an HHI of 1913, Which has decreased slightly as compared to the HHI of 2035 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Beeswax market supplies natural wax used in cosmetics, pharmaceuticals, and food products, valued for its emollient and protective properties.
The South Korean beeswax market is expanding with increasing applications in cosmetics, pharmaceuticals, and food products. Beeswax`s natural properties, including moisturizing, antibacterial, and emulsifying properties, make it a preferred ingredient in skincare products, candles, and pharmaceutical formulations.
The South Korea Beeswax Market faces issues such as fluctuations in supply due to changing weather conditions and the impact of diseases on bee populations. Additionally, there is competition from synthetic waxes and other natural waxes.
Government policies in South Korea support sustainable beekeeping practices and beeswax production through agricultural subsidies, research funding, and conservation programs. Policies aim to protect pollinator populations, enhance honeybee health, and promote biodiversity conservation in agricultural landscapes. Government initiatives also focus on quality assurance, food safety standards, and export promotion strategies to expand market opportunities for South Korean beeswax in cosmetics, pharmaceuticals, and food industries.
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 South Korea Beeswax Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Beeswax Market Revenues & Volume, 2021 & 2028F |
3.3 South Korea Beeswax Market - Industry Life Cycle |
3.4 South Korea Beeswax Market - Porter's Five Forces |
3.5 South Korea Beeswax Market Revenues & Volume Share, By Nature, 2021 & 2028F |
3.6 South Korea Beeswax Market Revenues & Volume Share, By Basis Color, 2021 & 2028F |
3.7 South Korea Beeswax Market Revenues & Volume Share, By End Users, 2021 & 2028F |
4 South Korea Beeswax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for natural and eco-friendly products in South Korea |
4.2.2 Increasing awareness about the benefits of beeswax in skincare and cosmetics |
4.2.3 Rise in disposable income leading to higher spending on premium quality beeswax products |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in beeswax production due to varying weather conditions |
4.3.2 Competition from synthetic alternatives in the market |
5 South Korea Beeswax Market Trends |
6 South Korea Beeswax Market, By Types |
6.1 South Korea Beeswax Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 South Korea Beeswax Market Revenues & Volume, By Nature, 2018 - 2028F |
6.1.3 South Korea Beeswax Market Revenues & Volume, By Organic, 2018 - 2028F |
6.1.4 South Korea Beeswax Market Revenues & Volume, By Conventional, 2018 - 2028F |
6.2 South Korea Beeswax Market, By Basis Color |
6.2.1 Overview and Analysis |
6.2.2 South Korea Beeswax Market Revenues & Volume, By White Beeswax, 2018 - 2028F |
6.2.3 South Korea Beeswax Market Revenues & Volume, By Yellow Beeswax, 2018 - 2028F |
6.3 South Korea Beeswax Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 South Korea Beeswax Market Revenues & Volume, By Food and Beverage Industry, 2018 - 2028F |
6.3.3 South Korea Beeswax Market Revenues & Volume, By Pharmaceuticals, 2018 - 2028F |
6.3.4 South Korea Beeswax Market Revenues & Volume, By Personal Care and Cosmetics, 2018 - 2028F |
6.3.5 South Korea Beeswax Market Revenues & Volume, By Household, 2018 - 2028F |
6.3.6 South Korea Beeswax Market Revenues & Volume, By Others, 2018 - 2028F |
7 South Korea Beeswax Market Import-Export Trade Statistics |
7.1 South Korea Beeswax Market Export to Major Countries |
7.2 South Korea Beeswax Market Imports from Major Countries |
8 South Korea Beeswax Market Key Performance Indicators |
8.1 Number of new skincare and cosmetic products containing beeswax launched in South Korea |
8.2 Percentage of consumers opting for natural and organic skincare products |
8.3 Average price of beeswax products in the South Korean market |
9 South Korea Beeswax Market - Opportunity Assessment |
9.1 South Korea Beeswax Market Opportunity Assessment, By Nature, 2021 & 2028F |
9.2 South Korea Beeswax Market Opportunity Assessment, By Basis Color, 2021 & 2028F |
9.3 South Korea Beeswax Market Opportunity Assessment, By End Users, 2021 & 2028F |
10 South Korea Beeswax Market - Competitive Landscape |
10.1 South Korea Beeswax Market Revenue Share, By Companies, 2021 |
10.2 South Korea Beeswax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |