The present invention provides an electrostatic image developing toner capable of improving the dispersibility of wax in the toner and superior in offset resistance and in storageability (heat-resistant storageability) at high temperatures, and a two-component developer which uses this electrostatic image developing toner. The electrostatic image developing toner includes: a binder resin, a colorant, and a release agent, wherein the binder resin contains a polyester resin, and a block copolymer which has a polyolefin backbone unit.