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Asia Pacific Wax Melts Market Size, Share & Industry Trends Analysis Report By Pack (Multi, and Single), By Application (Household, and Commercial), By Product (Paraffin, Soy Wax, Palm Wax, Beeswax), By Country and Growth Forecast, 2023 - 2029

Published Date : 31-May-2023

Pages: 69

Formats: PDF

The Asia Pacific Wax Melts Market would witness market growth of 6.0% CAGR during the forecast period (2023-2029).

Plant-based goods manufactured from soy, carnauba palm, and jojoba are becoming more and more popular as consumers turn their attention to naturally occurring, minimally processed products. These are employed in the cosmetic and beauty sector to emulsify lipsticks and lotions since they are noted for producing less soot. Because of their eco-friendliness and wide range of uses, these products have enormous potential for growth in the manufacturing industry in the years to come.

The emphasis on scent in all places is developing along with the interior décor of both residential and commercial buildings. To create a pleasant and peaceful environment, scented wax melts are chosen. Aromatherapy has links to customs like Feng Shui and is useful for treating depression and anxiety. Using essential oils, it is simple to add cinnamon, jasmine, and citrus odors to the product. To provide a nicer home atmosphere, unscented paraffin can also be used independently to combine essential oils with colors. As a result, the market revenue is increasing as a result of the increasing need for products in the residential and interior design sectors.

The "Make in India" program depends on the Indian tourism industry. India's tourist sector is a major contributor to the country's substantial economic multiplier. India is renowned for offering its guests world-renowned attractions, a diverse geographic landscape, and specialized tourism services, including adventure, eco-tourism, and healthcare. India aims to increase the number of cruise travelers from 0.4 million to 4 million. Growth in the tourism industry would also benefit the nation's hotels and the hospitality sector, encouraging hospitality service providers to use decorative goods such as wax melts for improved ambiance and aroma, driving the market's expansion in APAC region.

The China market dominated the Asia Pacific Wax Melts Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $375.6 Million by 2029. The Japan market is estimated to grow at a CAGR of 5.4% during (2023 - 2029). Additionally, The India market would showcase a CAGR of 6.7% during (2023 - 2029).

Based on Pack, the market is segmented into Multi, and Single. Based on Application, the market is segmented into Household, and Commercial. Based on Product, the market is segmented into Paraffin, Soy Wax, Palm Wax, Beeswax, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Wax Melts Market is Projected to reach USD 4.6 Billion by 2029, at a CAGR of 5.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Yankee Candle Company (Newell Brands, Inc.), The Bridgewater Candle Company, NEST Fragrances, S. C. Johnson & Son, Inc., East Coast Candle Co., Michaels Stores, Inc., Scentsy, Inc., Bramble Bay Candle Co., Wax Warmups and Candles By Victoria.

Scope of the Study

Market Segments Covered in the Report:

By Pack

  • Multi
  • Single

By Application

  • Household
  • Commercial

By Product

  • Paraffin
  • Soy Wax
  • Palm Wax
  • Beeswax
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • The Yankee Candle Company (Newell Brands, Inc.)
  • The Bridgewater Candle Company
  • NEST Fragrances
  • S. C. Johnson & Son, Inc.
  • East Coast Candle Co.
  • Michaels Stores, Inc.
  • Scentsy, Inc.
  • Bramble Bay Candle Co.
  • Wax Warmups
  • Candles By Victoria
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Wax Melts Market, by Pack
1.4.2 Asia Pacific Wax Melts Market, by Application
1.4.3 Asia Pacific Wax Melts Market, by Product
1.4.4 Asia Pacific Wax Melts Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Asia Pacific Wax Melts Market by Pack
3.1 Asia Pacific Multi Market by Country
3.2 Asia Pacific Single Market by Country

Chapter 4. Asia Pacific Wax Melts Market by Application
4.1 Asia Pacific Household Market by Country
4.2 Asia Pacific Commercial Market by Country

Chapter 5. Asia Pacific Wax Melts Market by Product
5.1 Asia Pacific Paraffin Market by Country
5.2 Asia Pacific Soy Wax Market by Country
5.3 Asia Pacific Palm Wax Market by Country
5.4 Asia Pacific Beeswax Market by Country
5.5 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Wax Melts Market by Country
6.1 China Wax Melts Market
6.1.1 China Wax Melts Market by Pack
6.1.2 China Wax Melts Market by Application
6.1.3 China Wax Melts Market by Product
6.2 Japan Wax Melts Market
6.2.1 Japan Wax Melts Market by Pack
6.2.2 Japan Wax Melts Market by Application
6.2.3 Japan Wax Melts Market by Product
6.3 India Wax Melts Market
6.3.1 India Wax Melts Market by Pack
6.3.2 India Wax Melts Market by Application
6.3.3 India Wax Melts Market by Product
6.4 South Korea Wax Melts Market
6.4.1 South Korea Wax Melts Market by Pack
6.4.2 South Korea Wax Melts Market by Application
6.4.3 South Korea Wax Melts Market by Product
6.5 Singapore Wax Melts Market
6.5.1 Singapore Wax Melts Market by Pack
6.5.2 Singapore Wax Melts Market by Application
6.5.3 Singapore Wax Melts Market by Product
6.6 Malaysia Wax Melts Market
6.6.1 Malaysia Wax Melts Market by Pack
6.6.2 Malaysia Wax Melts Market by Application
6.6.3 Malaysia Wax Melts Market by Product
6.7 Rest of Asia Pacific Wax Melts Market
6.7.1 Rest of Asia Pacific Wax Melts Market by Pack
6.7.2 Rest of Asia Pacific Wax Melts Market by Application
6.7.3 Rest of Asia Pacific Wax Melts Market by Product

Chapter 7. Company Profiles
7.1 The Yankee Candle Company (Newell Brands, Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.2 The Bridgewater Candle Company
7.2.1 Company Overview
7.3 NEST Fragrances
7.3.1 Company Overview
7.4 S. C. Johnson & Son, Inc.
7.4.1 Company Overview
7.5 East Coast Candle Co.
7.5.1 Company Overview
7.6 Michaels Stores, Inc.
7.6.1 Company Overview
7.7 Scentsy, Inc.
7.7.1 Company Overview
7.8 Bramble Bay Candle Co.
7.8.1 Company Overview
7.9 Wax Warmups
7.9.1 Company Overview
7.10. Candles By Victoria
7.10.1 Company Overview
TABLE 1 Asia Pacific Wax Melts Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Wax Melts Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Multi Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Multi Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Single Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Single Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Household Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Household Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Commercial Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Commercial Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Paraffin Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Paraffin Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Soy Wax Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Soy Wax Market by Country, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Palm Wax Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Palm Wax Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Beeswax Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Beeswax Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Wax Melts Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Wax Melts Market by Country, 2023 - 2029, USD Million
TABLE 29 China Wax Melts Market, 2019 - 2022, USD Million
TABLE 30 China Wax Melts Market, 2023 - 2029, USD Million
TABLE 31 China Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 32 China Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 33 China Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 34 China Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 35 China Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 36 China Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 37 Japan Wax Melts Market, 2019 - 2022, USD Million
TABLE 38 Japan Wax Melts Market, 2023 - 2029, USD Million
TABLE 39 Japan Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 40 Japan Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 41 Japan Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 42 Japan Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 43 Japan Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 44 Japan Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 45 India Wax Melts Market, 2019 - 2022, USD Million
TABLE 46 India Wax Melts Market, 2023 - 2029, USD Million
TABLE 47 India Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 48 India Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 49 India Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 50 India Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 51 India Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 52 India Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 53 South Korea Wax Melts Market, 2019 - 2022, USD Million
TABLE 54 South Korea Wax Melts Market, 2023 - 2029, USD Million
TABLE 55 South Korea Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 56 South Korea Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 57 South Korea Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 58 South Korea Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 59 South Korea Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 60 South Korea Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 61 Singapore Wax Melts Market, 2019 - 2022, USD Million
TABLE 62 Singapore Wax Melts Market, 2023 - 2029, USD Million
TABLE 63 Singapore Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 64 Singapore Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 65 Singapore Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 66 Singapore Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 67 Singapore Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 68 Singapore Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 69 Malaysia Wax Melts Market, 2019 - 2022, USD Million
TABLE 70 Malaysia Wax Melts Market, 2023 - 2029, USD Million
TABLE 71 Malaysia Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 72 Malaysia Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 73 Malaysia Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 74 Malaysia Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 75 Malaysia Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 76 Malaysia Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 77 Rest of Asia Pacific Wax Melts Market, 2019 - 2022, USD Million
TABLE 78 Rest of Asia Pacific Wax Melts Market, 2023 - 2029, USD Million
TABLE 79 Rest of Asia Pacific Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 81 Rest of Asia Pacific Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 83 Rest of Asia Pacific Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 85 Key Information – The Yankee Candle Company
TABLE 86 Key Information – The Bridgewater Candle Company
TABLE 87 Key Information – NEST Fragrances
TABLE 88 Key Information – S. C. Johnson & Son, Inc.
TABLE 89 Key Information – East Coast Candle Co.
TABLE 90 Key Information – Michaels Stores, Inc.
TABLE 91 Key Information – Scentsy, Inc.
TABLE 92 Key Information – Bramble Bay Candle Co.
TABLE 93 Key Information – Wax WARMUPS
TABLE 94 Key Information – Candles By Victoria

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Wax Melts Market share by Pack, 2022
FIG 3 Asia Pacific Wax Melts Market share by Pack, 2029
FIG 4 Asia Pacific Wax Melts Market by Pack, 2019 - 2029, USD Million
FIG 5 Asia Pacific Wax Melts Market share by Application, 2022
FIG 6 Asia Pacific Wax Melts Market share by Application, 2029
FIG 7 Asia Pacific Wax Melts Market by Application, 2019 - 2029, USD Million
FIG 8 Asia Pacific Wax Melts Market share by Product, 2022
FIG 9 Asia Pacific Wax Melts Market share by Product, 2029
FIG 10 Asia Pacific Wax Melts Market by Product, 2019 - 2029, USD Million
FIG 11 Asia Pacific Wax Melts Market share by Country, 2022
FIG 12 Asia Pacific Wax Melts Market share by Country, 2029
FIG 13 Asia Pacific Wax Melts Market by Country, 2019 - 2029, USD Million

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