Scented Candle Market to Obtain Overwhelming Growth of USD 5.02 billion by 2029, at a CAGR of 6.40%, Size, Share, Trends, Growth Opportunities and Competitive Outlook
“The Scented Candle Market research information within the Scented Candle Market business report scrutinizes the primary challenges currently confronting the Scented Candle Market industry and those anticipated in the years to come. This analysis provides valuable insights to other market participants, offering them an understanding of the potential issues they might encounter while operating in this market over an extended period. This global market report encompasses detailed profiles of major players and renowned brands, covering various aspects such as the latest trends, market segmentation, new market entry strategies, industry forecasts, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights, and innovation.
Businesses can gain comprehensive insights into the background analysis of the Scented Candle Market industry, which includes an assessment of the parent market. The Scented Candle Market report, on a large scale, serves as a prime example, encompassing a multitude of attributes related to market research. It sheds light on the company profiles of leading players and brands in the Scented Candle Market, highlighting their strategic moves, such as product launches, joint ventures, mergers, and acquisitions, and how these actions impact sales, import and export trends, revenue, and CAGR values. The report also focuses on key market dynamics within the sector.
Data Bridge Market Research analyses that the scented candle market was valued at USD 2.97 billion in 2021 and is expected to reach the value of USD 5.02 billion by 2029, at a CAGR of 6.40% during the forecast period.
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Scented Candle Market Analysis and Size
There has been an increase in home renovation and home decoration activities as disposable income has increased. Since the pandemic has resulted in extended periods spent at home, an increasing number of people want to make their home a comfortable place to live. Some of the popular 2020 trends adopted by consumers include sculpture scented candles and organically shaped candles.
The scented candle market report examines the current growth, which is being driven by the changing trend of gifting scented candles on special occasions.
Market Definition
A wide variety of candles are available in appealing packaging. There are fragrance infused candles, scented oil candles, and other types of one-of-a-kind candles. Scents and wax materials are not used in the artisanal materials. These non-toxic candles are made from natural ingredients and do not emit any toxins. The majority of users prefer the best organic scented candles on the market. These candles have a plethora of customization options.
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 – 2014) |
| Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
| Segments Covered | By Product Type (Jar, Pillar, Tea Light, Tumbler, Vase, Others), Raw Material (Wax, Liquid Dyes, Soy, Glass, Others), Fragrance (Fruit, Flower, Spice, Blends, Others), Category (Mass, Premium), Distribution Channel (Online, Offline) |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
| Market Players Covered | Candle-lite (US), Reckitt Benckiser Group plc (UK), Zhong Nam Industrial (China), The Procter & Gamble Company (US), Empire Candle Co., LLC (US), L Brands, Inc. (US), BeCandle (India), Newell Brands (US), C. Johnson & Son, Inc (US), Conscious Candle Company (US), The Yankee Candle Company (US), Bolsius International BV (France), Welburn Candles Pvt Ltd ((UK), Colonial Candle (UK), Brandt Kaarsen (Spain) |
| Opportunities |
|
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Various application of scented candles
The scented candle market is being driven primarily by increased awareness of the product’s use in various types of candle massages and aromatherapies.
- Rise in consumption of eco-friendly candles
Rising consumption of eco-friendly candles, rising use of candles for home decoration, rising consumer awareness of these products, rising disposable income of people, and an increase in the number of spa and massage parlours are some of the factors driving the growth of the scented candle market
Opportunity
Increasing investment in household interiors and a rapidly growing home decor market, on the other hand, will create a slew of new opportunities for the scented candle market during the forecast period.
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/reports/global-scented-candle-market?SR
The scented candle market is segmented on the basis of product type, raw material, fragrance, and category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Jar
- Pillar
- Tea light
- Tumbler
- Vase
- Others
Raw Material
- Wax
- Liquid dyes
- Soy
- Glass
- Others
Fragrance
- Fruit
- Flower
- Spice
- Blends
- Others
Category
- Mass
- Premium
Distribution channel
- Online
- Offline
This comprehensive report provides:
- Improve strategic decision making
- Research, presentation and business plan support
- Show emerging Scented Candle Market opportunities to focus on
- Industry knowledge improvement
- It provides the latest information on important market developments.
- Develop an informed growth strategy.
- Build technical insight
- Description of trends to exploit
- Strengthen competitor analysis
- By providing a risk analysis, you can avoid pitfalls that other companies may create.
- Ultimately, you can maximize your company’s profitability.
Influence of the Scented Candle Market Report:
- Comprehensive assessment of all opportunities and risk in the Scented Candle Market
- Lead Scented Candle Market recent innovations and major events
- Detailed study of business strategies for growth of the Scented Candle Market market-leading players
- Conclusive study about the growth plot of Scented Candle Market for forthcoming years
- In-depth understanding of Scented Candle Market -particular drivers, constraints and major micro markets
- Favourable impression inside vital technological and Scented Candle Market latest trends striking the Cannabis Seeds Market
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