8/7/2023 0 Comments Scented wax melts![]() ![]() People are increasingly opting for wax melts for their relaxing benefits as a result of hectic work schedules and changing lifestyles. Increase in customer desire for home fragrances is a critical aspect of this market. ![]() Furthermore, growth in end-use sectors of fragrance wax melts, such as residential and commercial sector, is estimated to drive the market. Environmental and health concerns related to the usage of aerosol sprays is a significant factor that is boosting the demand for fragrance melts. Melted scented wax is comparatively inexpensive than other scented candles, room fresheners, and reed diffusers. The global market for fragrance wax melts is growing due to abundant and easy availability of raw ingredients required for making fragrance wax melts. Request a sample to get extensive insights into the Fragrance Wax Melts Market Low Cost and Environment-friendly Nature to Drive Demand for Fragrance Wax Melts The global fragrance wax melts market is projected to witness significant growth opportunities during the forecast period, owing to the rise in usage of fragrance wax melts in residential and commercial sectors. They produce a mild and fresh scent hence, their application is increasing in cosmetic products. Fragrance wax melts are available in different shapes, sizes, and fragrances. This wax is put in a special device and heated. Key companies in the market are focusing on R&D in order to accelerate the roll out of new products, such as eco-friendly air fresheners, to broaden their revenue streams.įragrance wax melt is a shaped piece of wax that contains a pleasant-smelling substance. Growth in adoption of fragrance wax melts in home décor items is expected to further augment the market. Increase in demand for fragrance wax melts in spas, salons, rejuvenation centers, and other related services to reduce stress and anxiety is creating a lucrative opportunity for fragrance wax melts market manufacturers. Availability of low-cost fragrance wax melts and their environment-friendly benefits are fueling the global market. Popularity of aromatherapy is increasing, as it offers various health benefits. Rise in demand for essential oils with natural fragrances in aromatherapy is a key factor anticipated to drive the global fragrance wax melts market during the forecast period. The global fragrance wax melts market is expected to reach US$ 3.42 Bn by the end of 2031Īnalysts’ Viewpoint on Fragrance Wax Melts Market Scenario.It is estimated to grow at a CAGR of 6.1% from 2022 to 2031.The global fragrance wax melts market was valued at US$ 1.91 Bn in 2021. ![]()
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