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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Spain Candle Market Outlook
The Spain Candle market size is projected to grow at a CAGR of 2.5% between 2024 and 2032. The market is being aided by the rising environmental consciousness and a surge in the demand for sustainable candles.
Key Takeaways
- Tapers are expected to constitute a major portion of the Spain candle market share.
- Palm wax is expected to become a major material for candle makers over the forecast period.
- Online distribution channels are expected to become increasingly popular for purchasing candles in Spain.
Major Spain candle market players are incorporating luxury fragrances into their candles, which attract travel enthusiasts to purchase them as souvenirs. The aroma of regional flowers and herbs such as rosemary, lavender, thyme, and myrtle attracts nature lovers. Their natural scents help in relieving stress and fostering a peaceful and relaxing environment.
Since candles are marketed as a nostalgic product offering, consumers prefer purchasing customised/personalised candles with exclusive quotes, names, or dates. Over the forecast period, the emergence of flexible candle subscription services is expected to facilitate the Spain candle market growth.
Increasing environmental consciousness among consumers is prompting candle-making companies to switch towards the usage of eco-friendly materials (such as coconut and palm oil) for making candles. These candles are recyclable/reusable and are resistant to high temperatures. Since they are manufactured from high-quality ingredients, they do not contain soot or emit odours upon burning, which enhances their consumer appeal. Moreover, they come in various designs and container shapes, which makes them ideal for both indoor and outdoor usage.
Minimalist design candles have emerged as one of the major market trends in recent times. Over the forecast period, the increasing demand for eco-friendly candles with aesthetic designs is expected to drive the Spain candle market expansion.
Market Segmentation
Spain Candle Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Pillars
- Votive
- Tapers
- Container Candles
- Others
Market Breakup by Raw Material
- Beeswax
- Palm Wax
- Soy Wax
- Paraffin Wax
- Others
Market Breakup by Distribution Channel
- Online
- Offline
The key Spain candle market players are VILA HERMANOS CERERIA S.A., Cerería Molla 1899 SL, CERAS ROURA, S.A., CERABELLA SL, Elite Candles, and Mediterranean Candles, S.L.U., 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:
|
| Breakup by Product Type |
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| Breakup by Raw Material |
|
| Breakup by Distribution Channel |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 2.5% between 2024 and 2032.
The different product types in the market include pillars, votive, tapers, and container candles, among others.
The different distribution channels in the market include online and offline.
The different raw materials used in candle making include beeswax, palm wax, soy wax, and paraffin wax, among others.
The key market players are VILA HERMANOS CERERIA S.A., Cerería Molla 1899 SL, CERAS ROURA, S.A., CERABELLA SL, Elite Candles, and Mediterranean Candles, S.L.U., among others.
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