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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Mexico Scented Candles Market Outlook

The Mexico scented candles market size is projected to grow at a CAGR of 3.3% between 2024 and 2032. The growing trend of customisation and personalisation of scented candles is driving the market.

Key Takeaways

  • Soy wax is expected to constitute a major portion of the Mexico scented candles market share.
  • The rising popularity of container-based candles is expected to aid the market growth.
  • Online stores are expected to become a popular destination for shopping scented candles in Mexico.

There is a growing popularity of scented candles among men, hence companies are focusing on incorporating masculine scents into their products. This includes the scent of leather, tomato, and tobacco cedar, among others. Moreover, companies are capitalising on the powerful ability of fragrances to evoke memory and naming their candles on nostalgic human experiences. This includes Friday Night Football and Summer Camp, among others.

By adding customised pictures and quotes on candles, customers get the opportunity to personalise their candles, which is further expected to drive the Mexico scented candles market expansion in the coming years.

The rising popularity of printed/colourful wooden wicks is one of the key Mexico scented candles market trends. This is because they do not produce excessive carbon and create a crackling sound while burning, which enhances the experience of comfort for consumers.

Sustainability has become a key concern for manufacturers of scented candles and many producers are exploring the potential of recyclable/reusable containers for packaging. Moreover, with the proliferation of e-commerce, consumer appeal for scented candles is increasing.

Key players are also offering free samples of scented candles along with the purchase of home décor products to enhance customer awareness, which is anticipated to fuel the Mexico scented candles market growth in the forecast period.

Mexico Scented Candles Market

Market Segmentation

Mexico Scented Candles Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Raw Material

  • Paraffin Wax
  • Soy Wax
  • Beeswax
  • Others

Market Breakup by Product

  • Container Based
  • Pillar
  • Others

Market Breakup by Distribution Channel

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online Stores
  • Others

Market Breakup by Region

  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

The key Mexico scented candles market players are The Yankee Candle Company, Inc., LUMM, Alcali Mx, AMBIENTAIR AROMAS S.L., GRAN VELADA, Our Own Candle Company, and MVP Group International Company, Inc., among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Raw Material
  • Product
  • Distribution Channel
  • Region
Breakup by Raw Material
  • Paraffin Wax
  • Soy Wax
  • Beeswax
  • Others
Breakup by Product
  • Container Based
  • Pillar
  • Others
Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online Stores
  • Others
Breakup by Region
  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The Yankee Candle Company, Inc.
  • LUMM
  • Alcali Mx
  • AMBIENTAIR AROMAS S.L.
  • GRAN VELADA
  • Our Own Candle Company
  • MVP Group International Company, Inc.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.3%between 2024 and 2032.

The different distribution channels in the market include hypermarkets and supermarkets, convenience stores, and online stores, among others.

The major products in the market include container based and pillar, among others.

The different raw materials used to make scented candles are paraffin wax, soy wax, and beeswax, among others.

The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.

The key market players are The Yankee Candle Company, Inc., LUMM, Alcali Mx, AMBIENTAIR AROMAS S.L., GRAN VELADA, Our Own Candle Company, and MVP Group International Company, Inc., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124