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Based on raw material, the market can be divided into paraffin wax, soy wax, and beeswax, among others. By product, the market is segmented into container based, and pillar, among others. Based on distribution channel, the market is categorised into supermarkets and hypermarkets, convenience stores, and online. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global scented candles market covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Scented Candles Market Analysis
*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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The global market size for scented candles reached a value of more than USD 593.14 million in 2023.
The market is expected to grow at a CAGR of 3.80% between 2024 and 2032.
The major market drivers include development of innovative scents and their therapeutic properties.
The key trends of the market are rise in disposable income, development of organic scented candles, and rising use in commercial and residential sectors.
Key market players include Bougie et Senteur, Portmeirion Group PLC (Wax Lyrical Ltd.), MVP Group International, Inc., Hem Corporation, Weira Natural OÜ, Lalique Group SA, GALA GROUP GMBH, Stoneglow Candles, Contract Candles & Diffusers Ltd., and F-Zero Candle Factory, among others.
Scented candles are flammable solid substance made up of fragrant oils mixed into the wax known for their pleasant aroma when lit.
They create ambiance and bright up the home décor adding fragrance to the space. They also help in relieving stress and boosting the mood.
The global scented candles market is segmented based on raw material, product, distribution channel, and region.
Some of the popular scents for scented candles are woody, exotic, fresh, and floral.
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