The global demand for Scented Candles Market is presumed to reach the market size of nearly USD 850.62 MN by 2028 from USD 633.5 MN in 2021 with a CAGR of 4.3% under the study period 2022 - 2028.
A Scented Candle contains both natural and artificial scents. The perfume or scent of scented candles can be extracted from botanicals, essential oils, and fragrant synthetic substances. When the light wax of the scented candles is warmed, it emits an aroma. Scented candles play a crucial role in the restorative approaches by creating a relaxing ambiance that aids in achieving a reflective perspective. Scented candles come in various patterns, shapes, sizes, and smells.
The global scented candle market is expanding due to the increased use of candles in home design and increased people's interest in interior decoration. The rise of the massage and aromatherapy markets contributes to the global market's expansion. Factors like the rising demand for eco-friendly and organic candles can contribute to the worldwide market's growth. Scented candles are commonly used in commercial establishments such as spas due to their medicinal effects. To increase market share, industry participants are creating new smells that appeal to their clients. Several corporations have raised their R&D investments to develop superior products. The introduction of a new Candles design in the shape of fruits or other forms is expected to provide an opportunity for growth. However, when some wax is melted, harmful compounds are released that can cause asthma, allergies, and skin problems. This is a disadvantage of scented candles that may impede the expansion of the worldwide scented candle market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of scented candles. The growth and trends of scented candles industry provide a holistic approach to this study.
This section of the scented candles market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
This section covers the regional outlook, which accentuates current and future demand for the Scented Candles market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Scented Candles Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the scented candles market include 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. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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