Market Overview
Market Research Future Reports (MRFR) has predicted that the global scented candles market is projected to acquire market value of USD 4.22 billion and record a CAGR of 5.80% by the end of 2024. The growing application of the scented candles as a home care product is estimated to drive the global scented candles market 2020. The increased awareness regarding the application of products for several purposes, such as aromatherapies and candle massages are likely to increase the market size. The scented candles market plays a pivotal role in therapeutic processes by providing a relaxed and calm ambiance to offer a meditative environment. Today, individuals are more willing to spend on home furnishings, such as candles, which is estimated to influence the market positively. The desire to give a personal touch and add an additional décor is further estimated to fuel the market. In addition, the increased disposable income is estimated to fuel the market additionally. Also, the organic scented oils are composed of healthy essential oils, which helps in the betterment of mental and physical issues. The long-term usage of these candles helps in the betterment of digestion, immunity, and blood circulation.
Key Players
The renowned organization of the worldwide scented market is Conscious Candle Company (Australia), Newell Brands (US), Bolsius International BV (Netherlands), Colonial Candle (US), Welburn Candles Pvt Ltd (India), Brandt Kaarsen (US), S.C. Johnson & Son, Inc. (the US), The Yankee Candle Company (US), BeCandle (Hong Kong), Zhong Nam Industrial (International) Co., Ltd. (Hong Kong), Empire Candle Co., LLC (US), Candle-lite (US), and a few more.
Market Segmentation:
The worldwide scented candles market can be classified on the basis of product type, distribution channel, category, ad region.
On the basis of product type, the worldwide market for scented candles can be distinguished into synthetic wax, animal wax, vegetable wax, and paraffin wax.
On the basis of the distribution channel, the global market for scented candles can be distinguished into store-based and non-store based.
On the basis of category, the global market for scented candles can be divided into mass and premium.
On the basis of region, the worldwide market for scented candles can be distinguished into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
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Regional Analysis
The worldwide market for scented candles market is anticipated to expand significantly during the forecast period. On the basis of region, the market can be segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). As per the study, the worldwide market is estimated to be reigned by North America in terms of holding the maximum market share, followed by Europe, and the Asia-Pacific, respectively. North America acquires the apex position owing to the growing application of scented candles in the region. The scented candles are used for various purposes, such as aromatherapy, home décor, stress reduction, and in attaining the meditative state of mind. In North America, the US is estimated to maintain its position throughout the assessment period from 2019 to 2024. On the contrary, Canada is estimated to witness the maximum market growth during the review period. Europe is estimated to witness significant market growth during the assessment period. The region is experiencing a rise in the import and consumption of scented candles market. Further, they are increasingly being used as home décor. Poland is anticipated to make the most crucial participation in amplifying the regional market. On the other hand, the APAC region is anticipated to witness the highest growth during the assessment period from 2019 to 2024.
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The Global Scented Candles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Scented Candles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/38919-scented-candles-industry-market-reportThe report also covers the complete competitive landscape of the global Scented Candles market with company profiles of key players such as:California Exotic NoveltiesPLELOReckitt BenckiserGellite Gel CandlesHimalayan Trading PostBath & Body WorksTATINECoScentrixdiptyqueLee NaturalsMagnolia Scents by DesignMels CandlesNet-a-PorterNorthern Lights CandlesPaddywaxSouthern Made CandlesSoy Works Candle CompanyStand Around CreationsThe Gel Candle CompanyThe Yankee Candle CompanyThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By ProductLemonLavenderFrankincenseChamomileOtherBy End UserRetail OutletsOnline OutletsBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Scented Candles Market @ https://www.decisiondatabases.com/contact/download-sample-38919The Global Scented Candles Market has been exhibited in detail in the following chapters –Chapter 1 Scented Candles Market PrefaceChapter 2 Executive SummaryChapter 3 Scented Candles Industry AnalysisChapter 4 Scented Candles Market Value Chain AnalysisChapter 5 Scented Candles Market Analysis By ProductChapter 6 Scented Candles Market Analysis By End UserChapter 7 Scented Candles Market Analysis By GeographyChapter 8 Competitive Landscape Of Scented Candles CompaniesChapter 9 Company Profiles Of Scented Candles IndustryPurchase the complete Global Scented Candles Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-38919Other Reports by DecisionDatabases.com:Global Mosquito Repellent Candles Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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