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LAMEA 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 Latin America, Middle East and Africa Wax Melts Market would witness market growth of 7.3% CAGR during the forecast period (2023-2029).

The wax melts adhesives have experienced significant expansion in recent years because of the shifting preference toward synthetic wax. Additionally, throughout the forecast period, demand for natural waxes is expected to rise due to rising consumption of these materials and decreased use of microcrystalline and polyethylene waxes because of their potentially harmful effects. Wax melts are being used more frequently in a variety of domestic applications, including home fragrance products. Wax melts come in a wide range of sizes, colors, and shapes.

Over the forecasted period, it is anticipated that more commercial buildings, including office buildings, market complexes, and shopping malls, would incorporate wax melts. Market growth has been positively impacted by the introduction of innovative products as a result of increased market rivalry. For participants, the expanding supply and demand gap is anticipated to present profitable growth prospects. Market participants' aggressive marketing tactics, which they use to outperform rivals, are expected to fuel additional market expansion.

Dubai is amongst the world's most popular tourist destinations. Massive buildings in the region, such as the Burj Khalifa and Burj Al Arab, are highly known and draw people to these places. In addition, the region is home to many hotels, expensive spas, and upscale restaurants. The travel and tourism industry made a direct contribution to the UAE's gross domestic product (GDP) in the amount of 18.7 billion dollars in 2016, which is approximately equivalent to 5.2% of the GDP overall. From 2017 to 2027, the industry is anticipated to grow at a 5.1% annual rate, accounting for 5.4% of the net GDP in that year. The region's hotel industry is anticipated to grow along with the tourism industry. These factors are driving the market's expansion in the LAMEA region.

The Brazil market dominated the LAMEA Wax Melts Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $85.8 Million by 2029. The Argentina market is exhibiting a CAGR of 7.8% during (2023 - 2029). Additionally, The UAE market would showcase a CAGR of 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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 LAMEA Wax Melts Market, by Pack
1.4.2 LAMEA Wax Melts Market, by Application
1.4.3 LAMEA Wax Melts Market, by Product
1.4.4 LAMEA 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. LAMEA Wax Melts Market by Pack
3.1 LAMEA Multi Market by Country
3.2 LAMEA Single Market by Country
Chapter 4. LAMEA Wax Melts Market by Application
4.1 LAMEA Household Market by Country
4.2 LAMEA Commercial Market by Country

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

Chapter 6. LAMEA Wax Melts Market by Country
6.1 Brazil Wax Melts Market
6.1.1 Brazil Wax Melts Market by Pack
6.1.2 Brazil Wax Melts Market by Application
6.1.3 Brazil Wax Melts Market by Product
6.2 Argentina Wax Melts Market
6.2.1 Argentina Wax Melts Market by Pack
6.2.2 Argentina Wax Melts Market by Application
6.2.3 Argentina Wax Melts Market by Product
6.3 UAE Wax Melts Market
6.3.1 UAE Wax Melts Market by Pack
6.3.2 UAE Wax Melts Market by Application
6.3.3 UAE Wax Melts Market by Product
6.4 Saudi Arabia Wax Melts Market
6.4.1 Saudi Arabia Wax Melts Market by Pack
6.4.2 Saudi Arabia Wax Melts Market by Application
6.4.3 Saudi Arabia Wax Melts Market by Product
6.5 South Africa Wax Melts Market
6.5.1 South Africa Wax Melts Market by Pack
6.5.2 South Africa Wax Melts Market by Application
6.5.3 South Africa Wax Melts Market by Product
6.6 Nigeria Wax Melts Market
6.6.1 Nigeria Wax Melts Market by Pack
6.6.2 Nigeria Wax Melts Market by Application
6.6.3 Nigeria Wax Melts Market by Product
6.7 Rest of LAMEA Wax Melts Market
6.7.1 Rest of LAMEA Wax Melts Market by Pack
6.7.2 Rest of LAMEA Wax Melts Market by Application
6.7.3 Rest of LAMEA 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 LAMEA Wax Melts Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Wax Melts Market, 2023 - 2029, USD Million
TABLE 3 LAMEA Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 4 LAMEA Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 5 LAMEA Multi Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Multi Market by Country, 2023 - 2029, USD Million
TABLE 7 LAMEA Single Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Single Market by Country, 2023 - 2029, USD Million
TABLE 9 LAMEA Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 10 LAMEA Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 11 LAMEA Household Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Household Market by Country, 2023 - 2029, USD Million
TABLE 13 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Commercial Market by Country, 2023 - 2029, USD Million
TABLE 15 LAMEA Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 16 LAMEA Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 17 LAMEA Paraffin Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Paraffin Market by Country, 2023 - 2029, USD Million
TABLE 19 LAMEA Soy Wax Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Soy Wax Market by Country, 2023 - 2029, USD Million
TABLE 21 LAMEA Palm Wax Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Palm Wax Market by Country, 2023 - 2029, USD Million
TABLE 23 LAMEA Beeswax Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Beeswax Market by Country, 2023 - 2029, USD Million
TABLE 25 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Others Market by Country, 2023 - 2029, USD Million
TABLE 27 LAMEA Wax Melts Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Wax Melts Market by Country, 2023 - 2029, USD Million
TABLE 29 Brazil Wax Melts Market, 2019 - 2022, USD Million
TABLE 30 Brazil Wax Melts Market, 2023 - 2029, USD Million
TABLE 31 Brazil Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 32 Brazil Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 33 Brazil Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 34 Brazil Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 35 Brazil Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 36 Brazil Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 37 Argentina Wax Melts Market, 2019 - 2022, USD Million
TABLE 38 Argentina Wax Melts Market, 2023 - 2029, USD Million
TABLE 39 Argentina Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 40 Argentina Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 41 Argentina Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 42 Argentina Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 43 Argentina Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 44 Argentina Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 45 UAE Wax Melts Market, 2019 - 2022, USD Million
TABLE 46 UAE Wax Melts Market, 2023 - 2029, USD Million
TABLE 47 UAE Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 48 UAE Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 49 UAE Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 50 UAE Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 51 UAE Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 52 UAE Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 53 Saudi Arabia Wax Melts Market, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Wax Melts Market, 2023 - 2029, USD Million
TABLE 55 Saudi Arabia Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 57 Saudi Arabia Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 59 Saudi Arabia Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 61 South Africa Wax Melts Market, 2019 - 2022, USD Million
TABLE 62 South Africa Wax Melts Market, 2023 - 2029, USD Million
TABLE 63 South Africa Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 64 South Africa Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 65 South Africa Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 66 South Africa Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 67 South Africa Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 68 South Africa Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 69 Nigeria Wax Melts Market, 2019 - 2022, USD Million
TABLE 70 Nigeria Wax Melts Market, 2023 - 2029, USD Million
TABLE 71 Nigeria Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 72 Nigeria Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 73 Nigeria Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 74 Nigeria Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 75 Nigeria Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 76 Nigeria Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 77 Rest of LAMEA Wax Melts Market, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Wax Melts Market, 2023 - 2029, USD Million
TABLE 79 Rest of LAMEA Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 81 Rest of LAMEA Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 83 Rest of LAMEA Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA 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 LAMEA Wax Melts Market share by Pack, 2022
FIG 3 LAMEA Wax Melts Market share by Pack, 2029
FIG 4 LAMEA Wax Melts Market by Pack, 2019 - 2029, USD Million
FIG 5 LAMEA Wax Melts Market share by Application, 2022
FIG 6 LAMEA Wax Melts Market share by Application, 2029
FIG 7 LAMEA Wax Melts Market by Application, 2019 - 2029, USD Million
FIG 8 LAMEA Wax Melts Market share by Product, 2022
FIG 9 LAMEA Wax Melts Market share by Product, 2029
FIG 10 LAMEA Wax Melts Market by Product, 2019 - 2029, USD Million
FIG 11 LAMEA Wax Melts Market share by Country, 2022
FIG 12 LAMEA Wax Melts Market share by Country, 2029
FIG 13 LAMEA Wax Melts Market by Country, 2019 - 2029, USD Million

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