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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Market Share by Product
The container based product segment is leading the scented candles market because offers greater convenience, flexibility, and portability. More complex can be contained within the container in a cohesive manner, and candles can be partially lit, moved, and then re-lit as desired. This convenience has attracted a large number of consumers to demand the container based scented candles.
Container-based scented candles are widely used at homes and at restaurants for decorative and scenting purpose as all the wax is contained within the container. They are often used for parties to set the atmosphere and at home for aromatherapy. The outsides of the containers are often personalised, increasing their suitability for gifting.
Market Share by Region
North America has held a sizable share in the scented candles market, accounting for substantial value because of widespread popularity of scented candles and increased availability of specialised scents. Scented candles are available in supermarkets, hypermarkets, and specialised stores, and are also produced by small businesses.
Specialised scented candles are widely available and popular in North America, with consumers spending extra money in seasonal scents and personalised scented candles, bolstering the scented candles market. The increase in remote working in North America has surged the amount of time people are spending in their homes, encouraging them to decorate and improve the ambiance of the space around them through scented candles.
Scented Candles Market Report Snapshots
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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Key Questions Answered in the Report
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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