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.