The global Fragrance Wax Melts Market size is expected to reach USD 13.04 Billion in 2030 and register a revenue CAGR of 14.0% over the forecast period, according to a latest report by Reports and Data. Rising usage of wax melts in cosmetic products and increasing consumer awareness regarding hazardous effect of air fresheners is expected to drive market revenue growth during the forecast period. Increasing demand for chemical-free and natural scented wax melts is expected to boost the growth of flavors & fragrances market in near future. The chemicals produced by flames could lead to dizziness, headache, and fatigue in the body. Thus, increasing demand for chemical-free and natural scented wax melts is expected to drive market revenue growth. Moreover, increasing demand for essential oils with natural flavors to treat various skin disorders is expected to increase demand for fragrance wax melts over the forecast period. Furthermore, increasing research and development by fragrances wax melts manufacturers for development of newest organic wax melts is expected to propel growth of the market. Increasing demand for hand-made and customized fragrance wax melts for gift purposes is also driving the growth of fragrance wax melts market.
However, concerns regarding usage of chemical fragrance boosters by manufacturers are some factors expected to hamper revenue growth of the market during the forecast period. Consumers who are highly aware of the substances used in cosmetics that can be harmful to individuals are expected to hamper the market growth. Additionally, the usage of artificial and chemical-infused fragrances could be harmful to some consumers and could cause major health issues which is another factor expected to limit the adoption of fragrance wax melts.
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Some Key Highlights in the Report
- Beeswax segment is expected to account for largest market share in global fragrance wax melts market between 2021 and 2030. Increasing usage of beeswax in personal care products due to its anti-inflammatory, anti-bacterial, and anti-viral properties is driving growth of the segment. Additionally, increasing usage of beeswax as emulsifiers and stiffening agents in cosmetics products by manufacturers is expected to drive the growth of the segment.
- Lavender segment is expected to register a steady revenue growth over the forecast period. Increasing demand for wax melts with lavender scent among consumers to improve mood disorders and relaxing scent is driving revenue growth of the segment. Additionally, increasing consumption of lavender tea and capsules among consumers to boost immunity, detoxify the body and improve digestion is expected to support revenue growth of the segment over the forecast period.
- The fragrance wax melts market in North America is expected to account for largest revenue share in the global market over the forecast period. Rising consumer inclination toward aromatherapy among working professionals for mood relaxation in countries in the region is expected to drive market revenue growth. Rising presence of petroleum manufacturers has increased adoption of paraffin wax. This is another factor expected to augment the growth of the North America fragrance wax melts market.
- Companies profiled in the global market report include The Yankee Candle Company, S.C. Johnson & Son, Inc., Candles by Victoria, Happy Wax, East Coast Candles, Scentsy, Inc., Reckitt Benckiser Group PLC, Scentchips, Peaceful Smells, LLC, and Sassy Shop Wax.
- In February 2021, The Yankee Candle Company, the leader in home fragrance launched a new signature collection. The signature collection offers an optimized fragrance experience through its premium soy-wax blends and double cotton wicks which creates a clean burn and long-lasting fragrance. The collection comes in different shapes and sizes and is available for online purchases and in-store.
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For the purpose of this study, Reports and Data have segmented the global Fragrance Wax Melts Market on the basis of Product, Fragrance type, application, Business type and region:
Product Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- Beeswax
- Para-soy
- Paraffin
- Wax Blends
- Soy
- Palm
Fragrance type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- Vanilla
- Chocolate
- Jasmine
- Sandalwood
- Lavender
- Others
Application Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- Aromatherapy
- Home
- Offices
- Commercial Buildings
Business Type Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- Online
- Offline
Regional Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2020-2028)
- North America
- US.
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- South-east Asia
- Latin America
- Brazil
- MEA
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Key questions answered by the report
- What was the size of the global fragrance wax melts market in 2020?
- What is the expected revenue Compound Annual Growth Rate (CAGR) of global fragrance wax melts market over the forecast period?
- What is the major restraining factor for growth of the global fragrance wax melts market?
- Which region is expected to account for largest revenue share in the global fragrance wax melts market?
- Which are the key companies operating in the global market?
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The latest trending report Global Fragrance Wax Melts Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Fragrance Wax Melts market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 6.7% in the forecast period of 2020 to 2025 and will expected to reach USD 1374.4 million by 2025, from USD 1061.4 million in 2019.The Fragrance Wax Melts market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/36218-fragrance-wax-melts-market-analysis-reportThe major players covered in Fragrance Wax Melts are: SC Johnson AFFCO Yankee Candle Reckitt Benckiser Michaels Stores Rimports Limited Scentchips East Coast Candles Scentsy Candles by Victoria Walmart Stores ScenSeiBy Type, Fragrance Wax Melts market has been segmented into Beeswax Para-soy Paraffin Wax Blends Soy PalmBy Application, Fragrance Wax Melts has been segmented into: Home Offices Commercial BuildingsThe report offers in-depth assessment of the growth and other aspects of the Fragrance Wax Melts market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Fragrance Wax Melts Market @ https://www.decisiondatabases.com/contact/download-sample-36218The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Fragrance Wax Melts product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Fragrance Wax Melts, with price, sales, revenue and global market share of Fragrance Wax Melts in 2018 and 2019.Chapter 3, the Fragrance Wax Melts competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Fragrance Wax Melts breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Fragrance Wax Melts market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Fragrance Wax Melts sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Fragrance Wax Melts Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-36218Other Reports by DecisionDatabases.com:Global Fragrance Oil Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Flavours & Fragrances Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Fragrance Ingredients Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
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Transparency Market Research (TMR) has published a new report titled, ‘Nitinol Medical Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’.
According to the report, the global Nitinol medical devices market was valued at US$ 14,571.7 Mn in 2018 and is projected to expand at a CAGR of 8.5% from 2019 to 2027.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1685 OverviewNitinol is an unique class of shape-memory alloy that is made of nickel titanium.
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).North America dominated the global nitinol medical devices market in 2018 and the trend is anticipated to continue during the forecast period.
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