Floor Wax Market Expected To Grow At A CAGR Of 6.4% From 2016 To 2020


Posted January 2, 2018 by monalijshaer

Floor wax is a preparation containing wax and used to polish and preserve the finish of floors. Wax: any of various substances of either mineral origin or plant or animal origin; they are

 
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Floor Wax Market Expected To Grow At A CAGR Of 6.4% From 2016 To 2020

Floor wax is a preparation containing wax and used to polish and preserve the finish of floors. Wax: any of various substances of either mineral origin or plant or animal origin; they are solid at normal temperatures and insoluble in water. Floor wax is one of the most important inventions ever, if only for the fact that it gives people a quick and easy way to maintain the pristine appearance of any home’s flooring no matter the weather.
Floor wax has special anti slip agent, antistatic agent, natural plant wax, and is commonly used in solid wood flooring, composite flooring, marble, ceramic tile and hard plastic, paint and other ground. Due to the high-grade residential conditions, the current market floor wax in short supply, good sales and post production.

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……………………According to forecast, the global floor wax market is expected to grow at a CAGR of 6.4% from 2016 to 2020.
Based on the product type, floor wax is divided into four kinds of natural wax, water wax, spray wax and solid wax. Among them, natural wax holds a major market share of global floor wax. In terms of applications, solid wood flooring will be the biggest user.
On the basis of geographies, North America will be the largest consumer market of global floor wax, followed by Europe. Asia Pacific region is estimated to be the fastest growing market for floor wax, the compound annual growth rate is about 7.8% during the forecast period.
The leading brand of floor wax as follows

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Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
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Last Updated January 2, 2018