Key Market Indicators
The global Wax Market is set to reach $25.9 million by 2026, falling by 0% year on year on average since 2020. China, Japan and Germany came in second, third and fourth place respectively in this ranking. Peruvian Wax Import is expected to reach 6.9 million kilograms by 2026, a 1% decrease year on year compared to 2021. Since 1997, Peruvian demand has fallen 3.2% year on year. Australia topped the ranking in 2021, followed by Mexico, Germany and Poland. Peruvian Wax Export saw a steep fall from 511 kilograms in 2017 to 4.45 kilograms in 2018, a 99.1% decrease year on year. Since 1997, Peruvian supply has decreased 76.6% year on year. Barbados topped the ranking in 2018, followed by Malaysia, Germany and South Africa.