In terms of the constitution, beard wax is almost identical to balm. It has a carrier oil and essential oil as its base components and a wax- usually beeswax- which provides the necessary stronghold. The difference comes in the proportion of these ingredients, with the wax being the dominant component.
Wax for your beard and mustache -
While beard and mustache wax shares a number of common ingredients with balm, the wax is primarily used as a styling product. Perfect for longer beards that are traditionally harder to tame.
Balm for your beard and mustache -
Beard and mustache balm conditions, moisturises and softens your facial hair; while it adds volume and makes it easier to style.