Bottle sealing wax is
a kind of packaging solution which is used since a long time in order to
preserve the freshness and flavour of the product and also to make sure that no
damage takes place. There is a wide range of sealing wax available in different
colours which can be used precisely for bottles.
The factors that
propel the growth of the global Bottle Sealing Wax market include rising
disposable income and increased usage of superior packaged products. Also,
sealed wax products are easily obtainablein supermarket, hypermarket, and
e-commerce. In addition, handling efficacy needed to open bottles devoid of
knives or cutter and with no foil cuts on the bottle will fuel the growth for
the global Bottle Sealing Wax market.
Furthermore, the
launch of an innovative line of bottle sealing wax known as “CalGlo” is also
projected to propel the growth of the global Bottle Sealing Wax market. CalGlo
wax exhibits an outstanding feature that is it glows in the absence of light
which makes it different from other products.
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On the other hand,
there are also factors that hamper the growth of the market such as extensive
use and range of cap liners. In addition, technological innovation in terms of
anti-counterfeit packaging solution is also estimated to restraint growth of
market. Moreover, extra budget to retailers as well as manufacturers in order
to provide appropriate storage facility is also hampering the growth of Bottle
Sealing Wax market.
The global Bottle
Sealing Wax market is classified on the basis of product type, packaging type,
end use type and geography. On the basis of product type, the global Bottle
Sealing Wax market is classified as beads and bricks. On the basis of packaging
type, the global Bottle Sealing Wax market is classified as manual sealing and
machine sealing. On the basis of end use, the global Bottle Sealing Wax market
is classified as alcoholic beverages and beauty care products. Among the end
user, alcoholic beverages industry is estimated to hold a major share of the
global Bottle Sealing Wax market. On the basis of geography, the global Bottle
Sealing Wax market is classified as North America, Latin America, Europe, Asia Pacific,
and Middle East & Africa.
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