Despite rising consumer spending and the introduction of more scented and colored candle varieties, Candle Manufacturing industry revenue is anticipated to contract over the five years to 2018. The primary driver of the industry's contraction has been intensifying external competition from competitively priced candle imports. Candle manufacturers also endure competition from other domestic industries that specialize in substitute air-freshening products, such as spray cans. Going forward, bright spots for this industry include continued disposable income and consumer expenditure growth, as well as more-favorable trade conditions. Still, strong competition and market saturation will constrain profit potential.
This industry manufactures scented and unscented candles.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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