Between 2013 and 2023, the Artificial and Prepared Waxes market in the Netherlands showed a decline, starting at 212.47 million USD and ending at 174.04 million USD in 2023, marking periodic fluctuations. The steepest drop occurred in 2020, but since then, the market showed tentative recovery from 2021 onwards, achieving slight year-on-year growth of 0.2% in both 2022 and 2023. The 5-year CAGR was positive at 0.97%, suggesting gradual stabilization after a volatile decade.
Future trends to watch for include technological advances in synthetic wax production, sustainability trends impacting consumer preferences, and potential regulatory changes that could affect production costs and market dynamics.
How does the Netherlands rank in Artificial and Prepared Waxes (Without Polyethylene Glycol) Market Size Value?
| # | 29 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,630,100,000 | 2023 | +1.58% | +1.81% | View data |
| 2 | 2 China | 2,249,300,000 | 2023 | +1.24% | +0.73% | View data |
| 3 | 3 Japan | 703,760,000 | 2023 | +0.5% | +0.45% | View data |
| 4 | 4 Germany | 623,910,000 | 2023 | +0.21% | +0.038% | View data |
| 5 | 5 Italy | 473,170,000 | 2023 | +0.77% | +0.58% | View data |
| 10 | 10 Spain | 247,010,000 | 2023 | -0.26% | -0.67% | View data |
| 11 | 11 Canada | 215,290,000 | 2023 | +0.016% | -0.047% | View data |
| 12 | 12 Netherlands | 174,040,000 | 2023 | +0.2% | +0.97% | |
| 13 | 13 Mexico | 172,140,000 | 2023 | +0.064% | -0.012% | View data |
| 14 | 14 Pakistan | 101,050,000 | 2023 | +2.94% | +2.89% | View data |
