التوقعات السوقية:
Scented Candles Market surpassed USD 576.71 Million in 2023 and is expected to exceed USD 835.15 Million by end of the year 2032, observing around 4.2% CAGR between 2024 and 2032.
Base Year Value (2023)
USD 576.71 Million
19-23
x.x %
24-32
x.x %
CAGR (2024-2032)
4.2%
19-23
x.x %
24-32
x.x %
Forecast Year Value (2032)
USD 835.15 Million
19-23
x.x %
24-32
x.x %
Historical Data Period
2019-2023
Largest Region
North America
Forecast Period
2024-2032
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سوق الديناميكية:
Growth Drivers & Opportunity:
The increasing trend of using scented candles for aromatherapy and relaxation purposes is driving the growth of the scented candles market. Consumers are becoming more conscious about their mental well-being and are opting for scented candles to create a calming atmosphere in their homes.
The rising demand for eco-friendly and natural scented candles is also fueling the market growth. With growing concerns about the environment, consumers are looking for sustainable and natural products. Manufacturers are responding to this demand by offering scented candles made from organic and plant-based materials.
The growing popularity of scented candles as a gifting option is another major growth driver for the market. Scented candles are increasingly being used as a thoughtful and elegant gift choice for various occasions such as birthdays, weddings, and festivals. This trend is expected to continue driving the market growth in the coming years.
Report Scope
Report Coverage | Details |
---|
Segments Covered | Product, Wax Type, Category, Distribution Channel |
Regions Covered | • North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC)
• Latin America (Argentina, Brazil, Rest of South America)
• Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Village Candle, Portmeirion Group PLC, Newell Brands, MVP Group International,, Estée Lauder, Companies, Diptyque Paris, Lalique Group SA, L Brands, NEST New York, Thymes, LLC |
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Industry Restraints:
High competition in the scented candles market poses a major restraint to the growth of the industry. With a large number of players in the market offering a wide range of scented candles, companies are facing intense competition to differentiate their products and attract consumers. This competition is putting pressure on pricing and profitability in the market.
Another major restraint for the scented candles market is the volatility in raw material prices. The prices of key ingredients such as fragrance oils, wax, and wicks can fluctuate significantly due to factors such as supply chain disruptions and changes in market demand. This volatility in raw material prices can impact the production costs of scented candles, affecting the overall profitability of manufacturers.
التوقعات الإقليمية:
Largest Region
North America
33% Market Share in 2023
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North America:
The scented candles market in North America is expected to witness steady growth due to the increasing adoption of aromatherapy practices and the rising demand for luxury home fragrance products. In the United States, scented candles are widely used for creating a relaxing ambiance at homes, offices, and spa centers. Canada, on the other hand, is experiencing a growing trend of incorporating scented candles in wellness and self-care routines.
2. Asia Pacific:
In Asia Pacific, countries like China, Japan, and South Korea are witnessing a surge in the demand for scented candles, driven by the increasing popularity of home decor products and rising disposable incomes. Chinese consumers are particularly inclined towards purchasing scented candles with natural and organic ingredients, while Japanese and South Korean markets are focusing on innovative and unique fragrance combinations to cater to the preferences of the younger population.
3. Europe:
The scented candles market in Europe, including countries like the United Kingdom, Germany, and France, is characterized by a strong emphasis on premium and luxury candle products. Consumers in the United Kingdom are increasingly turning towards scented candles as a way to unwind and de-stress after a long day, leading to a growing demand for high-quality fragrance candles. In Germany and France, scented candles are being used not only for relaxation but also for aromatherapy purposes, driving the market growth in these regions.
Report Coverage & Deliverables
Historical Statistics
Growth Forecasts
Latest Trends & Innovations
Market Segmentation
Regional Opportunities
Competitive Landscape
تحليل التجزئة:
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In terms of segmentation, the global Scented Candles market is analyzed on the basis of Product, Wax Type, Category, Distribution Channel.
Scented Candles Market
Product:
Container-Based: The container-based segment is expected to dominate the scented candles market due to the convenience and aesthetic appeal of these candles. Consumers are drawn to the variety of styles and designs offered in container-based candles, making them a popular choice for home decor.
Pillars: The pillars segment is also anticipated to see growth as they are seen as more traditional and elegant options for scented candles. Pillar candles often have longer burn times and are favored for their versatility in different settings.
Wax Type:
Paraffin: Paraffin wax candles have been the traditional choice for scented candles due to their affordability and strong fragrance throw. However, concerns over the environmental impact of paraffin wax have led to a growing demand for alternative wax types.
Soy: Soy wax candles have gained popularity in recent years as a more eco-friendly option. Soy wax is derived from soybeans, making it a renewable and biodegradable wax choice. Consumers are increasingly seeking out soy wax candles for their clean-burning properties.
Category:
Luxury: The luxury segment of scented candles includes high-end brands that focus on premium ingredients and packaging. Luxury scented candles are often marketed as luxury home decor items and are priced accordingly.
Mass: The mass segment of scented candles includes more affordable options that are accessible to a wider range of consumers. These candles are often found in supermarkets and discount stores, appealing to budget-conscious shoppers.
Distribution Channel:
Online: The online distribution channel for scented candles has experienced significant growth in recent years, driven by the convenience of online shopping and the wide variety of options available. Many consumers prefer the ease of purchasing scented candles online and having them delivered directly to their door.
Offline: The offline distribution channel for scented candles includes brick-and-mortar stores such as specialty home decor shops, department stores, and supermarkets. Offline retail remains a key distribution channel for scented candles, allowing consumers to experience the candles in person before making a purchase.
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مشهد تنافسي:
The scented candles market has seen significant growth in recent years, driven by rising consumer interest in home decor, wellness, and aromatherapy. This market is characterized by a diverse array of companies offering products in various scents, materials, and packaging. Key players are continuously innovating by introducing eco-friendly options and unique fragrance blends to capture consumer interest. The market is dominated by both established brands and emerging artisanal producers, with competition focusing on brand loyalty, product quality, and price positioning. Additionally, the increasing preference for online shopping has led many companies to enhance their digital presence, allowing for broader reach and engagement with consumers.
Top Market Players
- Yankee Candle Company
- Bath & Body Works
- Woodwick Candles
- diptyque
- Jo Malone
- Chesapeake Bay Candle
- Paddywax
- CANDLE BOUTIQUE
- Homesick Candles
- Nest Fragrances
الفصل 1- المنهجية
- تعريف السوق
- الافتراضات الدراسية
- النطاق السوقي
- الفصل
- المناطق المشمولة
- تقديرات القاعدة
- حسابات التنبؤ
- مصادر البيانات
- الابتدائي
- المرحلة الثانوية
الفصل 2 - موجز تنفيذي
Chapter 3. Scented Candles Market البصيرة
- عرض عام للأسواق
- فرص سائقي السوق
- تحديات تقييد الأسواق
- رأس المال التنظيمي
- تحليل النظم الإيكولوجية
- Technology " Innovation التوقعات
- التطورات الصناعية الرئيسية
- الشراكة
- الاندماج/الاقتناء
- الاستثمار
- إطلاق المنتجات
- تحليل سلسلة الإمدادات
- تحليل قوات بورتر الخمس
- تهديد المنضمين الجدد
- تهديد الغواصات
- الصناعة
- قوة الموصلات
- قوة المحامين
- COVID-19 Impact
- PESTLE Analysis
- رأس المال السياسي
- رأس المال
- رأس المال الاجتماعي
- Technology Landscape
- الشؤون القانونية
- Environmental Landscape
- القدرة التنافسية
- مقدمة
- Company Market Share
- مصفوفة لتحديد المواقع
Chapter 4. Scented Candles Market الإحصاءات حسب الشرائح
- الاتجاهات الرئيسية
- تقديرات السوق والتنبؤات
* قائمة أجزاء حسب نطاق/احتياجات التقرير
Chapter 5. Scented Candles Market الإحصاءات حسب المنطقة
- الاتجاهات الرئيسية
- مقدمة
- الأثر الناجم عن الانفصال
- تقديرات السوق والتنبؤات
- النطاق الإقليمي
- أمريكا الشمالية
- الولايات المتحدة
- كندا
- المكسيك
- أوروبا
- ألمانيا
- المملكة المتحدة
- فرنسا
- إيطاليا
- إسبانيا
- بقية أوروبا
- آسيا والمحيط الهادئ
- الصين
- اليابان
- جنوب كوريا
- سنغافورة
- الهند
- أستراليا
- بقية أعضاء اللجنة
- أمريكا اللاتينية
- الأرجنتين
- البرازيل
- بقية أمريكا الجنوبية
- الشرق الأوسط
- GCC
- جنوب أفريقيا
- بقية الاتفاقات البيئية
* لا يُستفز *
الفصل 6. Company Data
- استعراض عام للأعمال التجارية
- المالية
- عرض المنتجات
- رسم الخرائط الاستراتيجية
- الشراكة
- الاندماج/الاقتناء
- الاستثمار
- إطلاق المنتجات
- التنمية الأخيرة
- الإقليمية
- SWOT Analysis
* قائمة شاملة وفقا لنطاق/احتياجات التقرير