"The strategies covered in the first class Scented Candle Market report mainly consist of new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost footprints in this market. The data and information collected to form this report is usually quite a lot and is also in a complex form which is simplified by the experts for end users. This gives more precise understanding of the market landscape, issues that may affect the industry in the future, and how to best position specific brands. Scented Candle Market report is a useful resource that provides current as well as upcoming technical and financial details of the Scented Candle Market industry to 2030.
The precise and revolutionary information gained through the persuasive Scented Candle Market report is sure to help businesses in identifying the types of consumers, consumer’s demands, their preferences, their perspectives about the product, their buying intentions, their response to particular product, and their varying taste about the specific product already available in the market. To elaborate the studies and estimations involved in this market report, a method of standard market research analysis viz SWOT analysis is put forth. To make better decisions, generate maximum revenue, and enhance business profit, Scented Candle Market research report is a great key.
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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 rising consumption of eco-friendly candles is expected to grow the market which will raise revenues during the forecast period.
Data Bridge Market Research analyses that the scented candle market was valued at USD 3.17 billion in 2022 and is expected to reach the value of USD 5.28 billion by 2030, at a CAGR of 6.60% during the forecast period of 2023 to 2030. Jar segment is expected to dominate global scented candle market part owing to increasing demand candles for home decoration. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Scented Candle Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015-2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | 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 (U.S.), Reckitt Benckiser Group plc (U.K.), Zhong Nam Industrial (China), The Procter & Gamble Company (U.S.), Empire Candle Co., LLC (U.S.), L Brands, Inc. (U.S.), BeCandle (India), Newell Brands (U.S.), C. Johnson & Son, Inc (U.S.), Conscious Candle Company (U.S.), The Yankee Candle Company (U.S.), Bolsius International BV (France), Welburn Candles Pvt Ltd (U.K.), Colonial Candle (U.K.), Brandt Kaarsen (Spain) |
Market Opportunities |
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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.
Global Scented Candle Market Dynamics
Drivers
- 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
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.
Restraint/Challenge
- Alternate Products Availability
However, the presence of a product substitute will impede the growth of the scented candle market during the forecast period.
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The scented candle market is segmented on the basis of product type, raw material, fragrance, 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
- Wax
- Liquid Dyes
- Soy
- Glass
- Others
Category
- Mass
- Premium
Distribution Channel
- Online
- Offline
Table of Contents for a Scented Candle Market Research Article:
- Introduction
- Background and Overview
- Objective of the Study
- Scope of the Scented Candle Market Research
- Methodology
- Data Collection
- Data Analysis
- Research Approach
- Sampling Techniques
- Research Instruments
- Executive Summary
- Key Findings
- Scented Candle Market Overview
- Scented Candle Market Trends and Insights
- Scented Candle Market Overview
- Scented Candle Market Definition
- Scented Candle Market Segmentation
- Scented Candle Market Size and Growth Rate
- Scented Candle Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porter's Five Forces Analysis
- Scented Candle Market Trends and Insights
- Emerging Technologies
- Consumer Behavior and Preferences
- Regulatory Landscape
- Competitive Analysis
- Scented Candle Market Segmentation
- Product Type
- Application
- Region
- End-User
- Other Relevant Segments
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Competitive Landscape
- Scented Candle Market Share Analysis
- Key Players Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-scented-candle-market
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