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Peru Candle Market Report and Forecast 2025-2034

Publisher Expert Market Research
Published May 29, 2025
Length 142 Pages
SKU # EMAR20079118

Description

The Peru candle market size is projected to grow at a CAGR of 4.40% between 2025 and 2034. The market is being driven by the growing popularity of multisensory candles and the rising trend of sustainability.

Many companies are focusing on creating innovative candles that mimic famous artists, food items, or other objects, which is contributing towards their increasing popularity in the Peruvian market. Moreover, sustainability is emerging as one of the key themes in the market, with companies utilising palm wax, beeswax, and other sustainable raw materials to make candles. This enhances the consumer appeal for candles, which waft a natural scent and leave no carbon residues behind. This is expected to drive the Peru candle market expansion over the forecast period.

Multisensory candles have become highly popular due to their ability to attract various human senses through their noise, smell, and music. Subscription-based candle service providers are witnessing a huge surge in demand for personalised candles. The rise of candle-making kits is also driving the Perucandle market growthas consumers are focusing on self-manufacturing customised candles within their homes.

The increasing demand for organic and cruelty-free candles is also emerging as a key driver of the Peru candle market growth as consumers are shifting towards the usage of natural products and ingredients to minimise their environmental footprint.

Market Segmentation

Peru Candle Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

Pillars
Votive
Tapers
Container Candles
Others

Market Breakup by Raw Material

Beeswax
Palm Wax
Soy Wax
Paraffin Wax
Others

Market Breakup by Distribution Channel

Online
Offline

Competitive Landscape

The key Peru candle market players are:

PATAGONIA CANDLES
The Yankee Candle Company, Inc.
Others

Table of Contents

142 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Candle Market Overview
5.1 Key Industry Highlights
5.2 Latin America Candle Historical Market (2018-2024)
5.3 Latin America Candle Market Forecast (2025-2034)
6 Peru Candle Market Overview
6.1 Key Industry Highlights
6.2 Peru Candle Historical Market (2018-2024)
6.3 Peru Candle Market Forecast (2025-2034)
7 Peru Candle Market by Product Type
7.1 Pillars
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Votive
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Tapers
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Container Candles
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Peru Candle Market by Raw Material
8.1 Beeswax
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Palm Wax
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Soy Wax
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 Paraffin Wax
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Others
9 Peru Candle Market by Distribution Channel
9.1 Online
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Offline
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Powers
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 PATAGONIA CANDLES
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 The Yankee Candle Company, Inc.
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Others

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