Cosmetic Wax Market: Insights On Crucial Growth Challenges 2019 - 2027
Cosmetic Wax Market : Introduction Cosmetic wax is generally used in cosmetics and for personal care & grooming applications. It provides texture and structure to cosmetic products including lip balms, lipsticks, creams, and lotions. Natural, semi-synthetic, and synthetic waxes are a mix of esters, alcohols, and fatty acids. Cosmetic wax is broadly used in personal care formulations to modify skin feel and improve the performance of the product. It is majorly used for the process of hair removal, known as waxing. Beeswax is a cosmetic wax which is naturally produced by honeybees. Increase in population of working women and rising disposable income drives the market The increase in number of working women indirectly affects the cosmetic wax market. Rise in disposable income has increased the spending power of users. Women nowadays are more independent and spend accordingly to their needs. The impact of the beauty industry and social media influence are enco...