Candle| Regional Outlook | Industry Assessment | Segmentation.

 An informative report titled as Candle Market recently has been published by Absolute Markets Insights. This measurable information offers a top to bottom investigation by thinking about a few fragments, like sort, size, innovation and applications. Diverse exploratory procedures, for example, subjective and quantitative investigation have been utilized to give information precisely. For better comprehension of the clients, it utilizes powerful graphical show procedures, like diagrams, outlines, tables just as pictures.

Some of the players operating in the candle market are Bath & Body Works, Inc, Bougies la Française, Bridgewater Candle Company, CALWAX, Colonial Candle, Fleurty Wick Candle Co., GALA GROUP GMBH, Le Labo, Paramold Manufacturing LLC, Scent Perfique Ltd, Stonewall Kitchen, THE HARROGATE CANDLE COMPANY, The Yankee Candle Company, Inc., theluxecandleco, and Voluspa amongst other industry participants.

In terms of revenue, candle market was valued at US$ 3835.22 Mn in 2020 growing at a CAGR of 7.7% over the forecast period (2021 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.  

Read More on Candle Market Report:  https://industryglobalnews24.com/find-out-the-global-candle-market-research-and-analysis-2021

Over the past few years candles have gained popularity due to their aesthetic appeal that has created a demand among a huge population and thus, the candle market has experienced tremendous growth. Independent brands, fashion houses and beauty retailers are focusing on launching candles with various fragrances, shapes, sizes and colors to attract a larger customer base simultaneously catering to the existing ones. The commercial value of candles has seen major growth over the years, with the upsurge of massage centers and spas that use scented candles for a mild atmosphere and aromatherapy. Similarly, there is a rise in use of scented candles by fine diners and restaurants for an aromatic and beautiful ambiance. Moreover, candles have become a household accessory to have in homes. It has been reported that over 80% of U.S. consumers scent their homes with these candles that can lift the mood of any environment. The candle market experienced a big boom in the past few years as many influencers, celebrities, and brands now include candles as an aesthetic part of their personas online.

AMI reports that North America region held the highest share in the global candle market in 2020 due to increasing candle demand during the festive seasons such as Easter and Christmas. According to the data published in National Candle Association, 35% of candle sales are observed during the Christmas and holiday season. Scented candles along with different shapes are being used for family gatherings, fine dining, beauty and spa which is positively influencing the growth of the market. Moreover, it was been observed that there was increase in the number of home improvement and renovation projects, which included luxury and scented candles for a better ambience and environment.

Global Candle Market

By Candle Type

  • Tapers
  • Votives
  • Pillars
  • Tea Lights
  • Container and Jar Candles
  • Floating Candles
  • Others

By Type

  • Scented
  • Unscented

By Candle Wax Type

  • Paraffin Wax
  • Soy Wax
  • Beeswax
  • Palm Wax
  • Blends
  • Others

By Distribution Channel

  • Online
  • Offline
  • Supermarkets & Hypermarkets
  • Specialty Stores
  • Home Décor Stores
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Contact Us:

Company: Absolute Markets Insights
Email id: sales@absolutemarketsinsights.com 
Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
Website: https://www.absolutemarketsinsights.com/

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