Product Code: ETC219325 | 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 | |
The Thailand Beeswax Market is poised for steady growth rate improvements from 2025 to 2029. From 3.02% in 2025, the growth rate steadily ascends to 10.41% in 2029.
In the Asia region, the Beeswax market in Thailand is projected to expand at a stable growth rate of 4.15% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Thailand Beeswax Market is a niche yet valuable sector within the country`s agricultural and apicultural industries. Beeswax is a natural substance produced by honeybees and has a range of applications, from cosmetics and pharmaceuticals to candles and food products. In Thailand, beeswax production is often associated with honey production, and local beekeepers play a crucial role in supplying beeswax. The market`s growth is influenced by the increasing demand for natural and eco-friendly products in various industries. Beeswax`s unique properties, such as its natural fragrance and ability to retain moisture, make it a sought-after ingredient in cosmetics and personal care products. Additionally, beeswax candles are popular for their clean-burning properties and pleasant aroma. Sustainable beekeeping practices and quality assurance are essential in maintaining the integrity of Thailand`s beeswax market.
The Thailand Beeswax market is thriving due to its diverse applications across various industries. In the cosmetic and personal care sector, beeswax is used in products like lip balms, creams, and lotions due to its natural and skin-friendly properties. Moreover, the growing interest in natural and organic products has boosted the demand for beeswax in cosmetics. In the pharmaceutical industry, beeswax is used for its medicinal properties. The sustainability factor associated with beekeeping practices in Thailand further adds to the appeal of beeswax products.
One of the major challenges in the Thailand beeswax market is the fluctuating supply of beeswax due to climate conditions and the decline in bee populations. This can lead to price volatility and limited availability for manufacturers and artisans who rely on beeswax for their products.
The COVID-19 pandemic had a moderate impact on the Thailand Beeswax Market. While there were disruptions in the supply chain, beeswax`s diverse applications, including cosmetics, pharmaceuticals, and food, ensured sustained demand. The market may see growth as consumers continue to prioritize natural and sustainable products post-pandemic.
The Thailand beeswax market features key players like Chonlaphat Sricom Co., Ltd., which specializes in the production of premium beeswax products. Known for their purity and versatility, Chonlaphat Sricom`s beeswax offerings cater to various industries, including cosmetics, pharmaceuticals, and food. Additionally, Bee Natural Co., Ltd. has established itself as a reputable player in the market, emphasizing organic and sustainable sourcing practices to meet the growing demand for natural beeswax products. These key players have been instrumental in promoting the use of beeswax in a wide range of applications and have contributed to the market`s expansion.
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 Thailand Beeswax Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Beeswax Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Beeswax Market - Industry Life Cycle |
3.4 Thailand Beeswax Market - Porter's Five Forces |
3.5 Thailand Beeswax Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Thailand Beeswax Market Revenues & Volume Share, By Basis Color, 2021 & 2031F |
3.7 Thailand Beeswax Market Revenues & Volume Share, By End Users, 2021 & 2031F |
4 Thailand Beeswax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic products in the cosmetics and personal care industry |
4.2.2 Growing awareness about the benefits of beeswax in various applications such as candles, food wraps, and pharmaceuticals |
4.2.3 Rising popularity of eco-friendly and sustainable products among consumers in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuations in the availability and pricing of beeswax due to factors like weather conditions and bee population |
4.3.2 Competition from synthetic alternatives to beeswax in certain industries |
4.3.3 Challenges in maintaining quality standards and consistency in beeswax production and supply chain |
5 Thailand Beeswax Market Trends |
6 Thailand Beeswax Market, By Types |
6.1 Thailand Beeswax Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Thailand Beeswax Market Revenues & Volume, By Nature, 2021-2031F |
6.1.3 Thailand Beeswax Market Revenues & Volume, By Organic, 2021-2031F |
6.1.4 Thailand Beeswax Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Thailand Beeswax Market, By Basis Color |
6.2.1 Overview and Analysis |
6.2.2 Thailand Beeswax Market Revenues & Volume, By White Beeswax, 2021-2031F |
6.2.3 Thailand Beeswax Market Revenues & Volume, By Yellow Beeswax, 2021-2031F |
6.3 Thailand Beeswax Market, By End Users |
6.3.1 Overview and Analysis |
6.3.2 Thailand Beeswax Market Revenues & Volume, By Food and Beverage Industry, 2021-2031F |
6.3.3 Thailand Beeswax Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Thailand Beeswax Market Revenues & Volume, By Personal Care and Cosmetics, 2021-2031F |
6.3.5 Thailand Beeswax Market Revenues & Volume, By Household, 2021-2031F |
6.3.6 Thailand Beeswax Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Beeswax Market Import-Export Trade Statistics |
7.1 Thailand Beeswax Market Export to Major Countries |
7.2 Thailand Beeswax Market Imports from Major Countries |
8 Thailand Beeswax Market Key Performance Indicators |
8.1 Number of new product launches incorporating beeswax in the cosmetics and personal care industry in Thailand |
8.2 Percentage increase in the adoption of beeswax-based products by eco-conscious consumers |
8.3 Level of investment in research and development for improving beeswax extraction methods and quality control in Thailand |
9 Thailand Beeswax Market - Opportunity Assessment |
9.1 Thailand Beeswax Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Thailand Beeswax Market Opportunity Assessment, By Basis Color, 2021 & 2031F |
9.3 Thailand Beeswax Market Opportunity Assessment, By End Users, 2021 & 2031F |
10 Thailand Beeswax Market - Competitive Landscape |
10.1 Thailand Beeswax Market Revenue Share, By Companies, 2024 |
10.2 Thailand Beeswax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |