Skip to main content

Wax Melts Market Global Scope and Trends Analysis till 2025

The growing usage of air care and hygiene will drive the demand for wax melts in residential and commercial buildings over the upcoming years. Furthermore, the absence of harmful emissions and exposed flames, make wax melts an eco-friendly and safer option which will further fuel its demand over the upcoming years.

The Global Wax Melts Market is expected to reach USD 6.13 billion by 2025, according to a new report conducted by Grand View Research, Inc.


Wax melts are expected to witness significant rise over the forecast period on account of increasing demand for air fresheners and aromatherapy. The growing consumer awareness regarding environmental and health hazards, which has grown due to the usage of aerosol sprays, will drive the product’s demand over the forecast period.

Growing requirement for long lasting fragrances coupled with low cost of the product as compared to alternatives, such as reed diffusers and aerosol fragrance products, will increase market size over the upcoming years. Furthermore, the availability of various scents and product sizes will promote industry growth over the next nine years.

The global wax melts industry demand is expected to grow significantly owing to the positive outlook towards aromatherapy and air care in countries including the U.S., China, Germany, and the UK. The aromatherapy industry is gaining popularity especially in countries, such as Thailand, Malaysia, and India, as a large number of people are opting for rejuvenation, spa, and other related services to relieve stress owing to busy lifestyles. The abovementioned factor is expected to promote industry growth over the next nine years.

To Know More About Wax Melts Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/wax-melts-market

Asia Pacific is projected to be the fastest growing market at a CAGR of 12.3% from 2016 to 2025 on account of high preference for air care products in Japan, China, and Australia. Significant growth of end-user sectors, such as home décor and aromatherapy, are some of the major driving factors for market expansion in the region.

Top Players of Wax Melts Market:

Key participants include Yankee Candle, Scentsy, SC Johnson, Reckitt Benckiser, and Rimports Limited. In July 2016, The Yankee Candle Company collaborated with U.S.-based IT company, Aptos, Inc., for streamlining and optimizing its multi-channel retail operations.

Market Segmentation of Wax Melts Market:

The Global Wax Melts Market segmented on the basis of Region.

By Region:

    North America
        US.
        Canada
        Mexico
    Europe
        Germany
        UK
        Italy
        France
    Asia Pacific
        China
    Central & South America
        Brazil
    MEA

Inquire about Wax Melts Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3574
Labels:

Comments

Post a Comment

Popular posts from this blog

North America Calcium Carbonate Market Outlook, Research, Trends and Forecast to 2025

Rising demand in various end-use industries such as paper, building, and construction, plastic, etc. is expected to support the demand for calcium carbonate in upcoming years. Further, growth of manufacturing and construction sectors in Asia Pacific and the Middle East is supposed to boost the product demand. The North America Calcium Carbonate Market is expected to reach USD 9.19 billion by 2025, according to a new report by Grand View Research, Inc.   The industrial filler is expected to emerge as the largest as well as fastest growing application segment. The demand is likely to increase further owing to diversified application base of calcium carbonate as fillers in various end-use industries. Another application segment is likely to emerge as the second largest application segment. Papers coated with calcium carbonate may create problems during production, as adhesives do not stay on these papers. Excessive calcium carbonate consumption through food supplements is har...
Post a Comment
Read more

Point of Entry Water Treatment Systems Market Competitive Landscape by 2025

Growing public awareness towards healthy lifestyle along with increasing water pollution is projected to drive the market over the forecast period. The Global Point of Entry Water Treatment Systems Market is estimated to be valued at USD 9.95 billion by 2025, according to a new report by Grand View Research, Inc. Exponential growth in the global population has exerted considerable pressure on the existing water resources available for human consumption, in turn augmenting the dependence on groundwater owing to its easy availability. However, improper disposal of wastewater generated in agricultural and industrial areas has led to largescale contamination of groundwater in urban areas, enhancing the global point of entry water treatment systems market by 2025. Favorable government regulations to ensure the supply of healthy drinking water is predicted to boost market growth over the forecast period. The growing investments towards development of efficient point of entry water t...
Post a Comment
Read more

U.S. Liquid Waste Management Market Segments and Key Trend till 2025

Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period. The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Grand View Research, Inc. Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period. A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, whi...
Post a Comment
Read more