The wax market is booming as more and more people are looking for natural and eco-friendly alternatives to traditional cleaning products. Waxes are becoming increasingly popular, not only because they are biodegradable, but also because they have a variety of uses. From furniture polish to car care, waxes can be used for almost any type of cleaning. With the increasing demand for wax-based products, the wax market is expected to grow significantly in the coming years. The report further mentions that the wax market was valued at USD 7,288.9 million in 2019 and is expected to reach USD 9,249.2 million by 2027, thereby exhibiting a CAGR of 3.1% during the forecast period.
Information source:
https://www.fortunebusinessins....ights.com/wax-market
