Wax Melts Market structural report, price trends & forecast 2017
Wax Melts Market demand in air ambiance usage and hygiene is anticipated to flourish in residential and commercial buildings including offices, shopping malls, residential houses and market complexes. The availability of several types of fragrances coupled with attractive packaging is also an additional growth factor. These products are safer and environmental friendly as compared to substitutes due to absence of unfavorable emissions and exposed flames which causes various health issues.
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Wax Melts Market size is anticipated to witness a surge in demand owing to its advancement in fragrance’s longevity. Additionally, it is cheaper against numerous alternatives including room fresheners, scented candles and reed diffusers.
Wax melts market growth is generally governed by increasing demand of emulsions as a major manufacturing ingredient in the form of an oil in water emulsion. This development provides an outstanding impact on several product processing and formulations and further providing numerous technical applications in textile, paper and glass making industry. In addition, subsequent increase in demand of paint, coatings, adhesives and sealants foster the wax melts market demand.
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Europe is predicted to experience a balanced growth in the wax melts market due to rise in consumer awareness about synthetic ingredients of these fragrance products, which are less harmful as compared to various other alternatives. Furthermore, stringent government regulations concerning harmful spray emissions is expected to shift the consumer preference towards the product in near future.
Wax melts market is fragmented into various large and small manufacturers. Major large manufacturers are present in Europe and North America, some of the industry players are Yankee Candle, Scensei, S.C. Johnson, Reckitt Benckiser, Walmart, Rimports Limited, Scentsy, Michaels, Candles by Victoria, AFFCO and East Coast Candles.
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