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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Scented Candles Market Size
The global market size for scented candles reached a value of more than USD 593.14 million in 2023. The global scented candles market is expected to grow at a CAGR of 3.80% between 2024 and 2032, driven by the development of therapeutic properties and innovative scents.
Key Trends in the Market
Scented candles are flammable solid substance made up of fragrant oils mixed into the wax that are known for their pleasant aroma when lit. They create ambiance and brighten up the space, while also adding fragrance. They can also help in relieving stress and boosting the mood. There are various types of scented candles including woody, exotic, fresh, and floral. Scented candles are widely used for aromatherapy and for decorative purposes as an interior accessory.
- Rise in disposable income and improved standard of living has empowered people to renovate their homes, decorate their homes, and buy speciality goods such as scented candles, increasing their demand.
- Development of organic scented candles is becoming a growing trend that is expanding rapidly in the scented candles market. This is owing to their benefits and absence of harmful chemicals, due to which they are considered better for regular use.
- Scented candles are increasingly being use in aromatherapy as they impact mental health positively, providing stress relief and relaxation. More consumers are turning to scented candles to relieve stress and light up the mood after an exhausting day, helping in growth of the market for 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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