While we might have used any of these two products at some point, one of the ways by which beard balm and beard wax can be differentiated is by looking at their meaning. Beard balm is a product that is left in the hair for a period, basically to shape, soften, and moisturize beard hair. Beard balm is made up of a mixture of a sealant, moisturizing agents, essential oils, and carrier oils. Since beard balm is a leave-in product, it can easily stain anything that touches it.
For this reason, it must not be applied in excess. In contrast, beard wax is a hair product that helps to sculpt and tame wild beard. It is made by mixing moisturizing agents, beeswax, and essential oils. Aside from these little differences, both products are used to groom our beards, and they also contain similar ingredients, although there are little differences in their compositions.