| Product Code: ETC5822845 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Zambia`s wax import market continued to be dominated by key exporting countries such as Kenya, South Africa, China, Tanzania, and India, contributing to a high Herfindahl-Hirschman Index (HHI) indicating market concentration. Despite a slight decline in growth rate from 2023 to 2024 at -6.71%, the compound annual growth rate (CAGR) for the period 2020-2024 stood strong at 16.8%, reflecting sustained expansion in the market. The consistent presence of these top exporting countries suggests a stable supply chain for wax imports into Zambia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Zambia Wax Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Wax Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Wax Market - Industry Life Cycle |
3.4 Zambia Wax Market - Porter's Five Forces |
3.5 Zambia Wax Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Zambia Wax Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Zambia Wax Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for natural and organic products in the personal care industry |
4.2.2 Growth in the cosmetics and pharmaceutical industries in Zambia |
4.2.3 Rising awareness about the benefits of using wax products in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in wax production |
4.3.2 Lack of technological advancements in the wax manufacturing process in Zambia |
4.3.3 Limited availability of skilled workforce in the wax industry |
5 Zambia Wax Market Trends |
6 Zambia Wax Market Segmentations |
6.1 Zambia Wax Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Zambia Wax Market Revenues & Volume, By Mineral, 2021-2031F |
6.1.3 Zambia Wax Market Revenues & Volume, By Synthetic, 2021-2031F |
6.1.4 Zambia Wax Market Revenues & Volume, By Natural, 2021-2031F |
6.2 Zambia Wax Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Zambia Wax Market Revenues & Volume, By Candles, 2021-2031F |
6.2.3 Zambia Wax Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.4 Zambia Wax Market Revenues & Volume, By Plastic & Rubber, 2021-2031F |
6.2.5 Zambia Wax Market Revenues & Volume, By Cosmetics & Toiletries, 2021-2031F |
6.2.6 Zambia Wax Market Revenues & Volume, By Fire Logs, 2021-2031F |
6.2.7 Zambia Wax Market Revenues & Volume, By Adhesives, 2021-2031F |
7 Zambia Wax Market Import-Export Trade Statistics |
7.1 Zambia Wax Market Export to Major Countries |
7.2 Zambia Wax Market Imports from Major Countries |
8 Zambia Wax Market Key Performance Indicators |
8.1 Percentage increase in the adoption of natural and organic wax products |
8.2 Number of new product launches in the cosmetics and pharmaceutical sectors using wax as an ingredient |
8.3 Growth in the number of partnerships and collaborations between local and international wax manufacturers and distributors |
9 Zambia Wax Market - Opportunity Assessment |
9.1 Zambia Wax Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Zambia Wax Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Zambia Wax Market - Competitive Landscape |
10.1 Zambia Wax Market Revenue Share, By Companies, 2024 |
10.2 Zambia Wax Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here