Australia & New Zealand Dried Fruits MARKET By Application
| Label | Synthetic Wax | Paraffin Wax | Vegetable Wax | Animal Wax |
|---|---|---|---|---|
| 2016 | 950.3 USD Mn | 4625.2 USD Mn | 2426.6 USD Mn | 1714.1 USD Mn |
| 2017 | 992.0 USD Mn | 4815.8 USD Mn | 2532.3 USD Mn | 1788.1 USD Mn |
| 2018 | 1035.6 USD Mn | 5014.6 USD Mn | 2642.8 USD Mn | 1865.4 USD Mn |
| 2019 | 1081.8 USD Mn | 5213.7 USD Mn | 2764.7 USD Mn | 1947.0 USD Mn |
| 2020 | 1130.0 USD Mn | 5420.9 USD Mn | 2892.4 USD Mn | 2032.2 USD Mn |
| 2021 | 1180.4 USD Mn | 5636.6 USD Mn | 3026.2 USD Mn | 2121.1 USD Mn |
| 2022 | 1233.2 USD Mn | 5861.1 USD Mn | 3166.3 USD Mn | 2213.9 USD Mn |
| 2023 | 1288.3 USD Mn | 6094.8 USD Mn | 3313.1 USD Mn | 2310.7 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
paraffin wax segment accounted for the largest market share in the candles market, and is expected to reach USD 6094.80 Million in 2023 from USD 4815.80 Million in 2017. However, vegetable wax segment is the fastest growing market, which is expected to grow at a CAGR of 4.62% during the forecast period 2018 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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Australia & New Zealand Dried Fruits MARKET By Category
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