Global Scented Candles Market Size study, by Product Outlook (Container-based, Pillar, Others) by Distribution Channel Outlook (Supermarkets & Hypermarkets, Convenience Stores, Online) and Regional Forecasts 2021-2027
Global Scented Candles Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Scented Candles is made from fragrant oils mixed into the wax which gives pleasant aroma while burning. Scented candle can enhance the décor of ambiance by giving a touch of healthfulness and well-being. Additionally, the smell of this candles stimulates our limbic system, which is a part of our brain that fixes the memory and emotions. The increasing in sales of scented candles is driving the growth for the market. In 2020, NPD group, calculated the sales of scented candles in departmental stores the home scent sales increase by 13% and increased purchase of home scent gifts, such as candles and room fresher’s combo. Furthermore, customization in candles is also excelling the scented candle market for the forecasted period. Also, with the increasing innovation in the scented candles in the fragrance, size, texture and smell of candle is likely to increase the market growth during the forecast period. However, scented candles are pricey than ordinary candles which impedes the growth of the market over the forecast period of 2021-2027.
The key regions considered for the global Scented Candles market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is dominating the region across the world in terms of market share owing to the growing demand for personal healthcare by the consumers is likely to increase the demand for scented candles market for the forecasted period in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as rising disposable income, as the region celebrates wide range of festivals in which scented candles would create lucrative growth prospects for the Scented Candles market across Asia-Pacific region.
Major market player included in this report are:
Village Candle
Portmeirion Group PLC
Newell Brands
MVP Group International, Inc.
Estée Lauder Companies Inc.
Diptyque Paris
Lalique Group SA
L Brands
NEST New York
Thymes, LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Outlook:
Container-based
Pillar
Others
By Distribution Channel Outlook:
Supermarkets & Hypermarkets
Convenience Stores
Online
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Scented Candles Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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