Scented Candles Market Size, Industry Growth, Top Key Vendors 2018-2023 |Reckitt Benckiser,  Yankee Candles , Colonial Candle , Welburn Candles Pvt

Scented Candles Market, 2018-2023 Industry Research Report is an exhaustive study on the present market scenario of the global Scented Candles industry with a special focus on the International market of this industry.

The report summarizes key statistics of the Scented Candles Market and the overall status of the Scented Candles manufacturers. The report is a valuable source of guidance and direction for companies and individuals interested in the industry.

Market Research Future published a half cooked research report on Global Scented Candles Market which contains information from 2016 to 2022. Global scented candles market is expected to grow at the CAGR of more than 5% from 2016 to 2022.

Market Overview:

Global scented candles market is expected to grow at the CAGR of 5%. Growing demand for luxurious lifestyle, increase in disposable income and urbanization, yoga and meditation trend and increasing variety of scented candles are the growth drivers responsible for the growth of global scented candles market. Overall with huge demand for spa treatments and interior decorative items, scented candles market will continue to grow.

Key players are investing in R&D for innovation in creating a 100% natural scented candles, as there is growing awareness about negative side effects of chemical or artificial scented candles. The increasing working class, disposable income, and hectic work schedule lifestyle there is rise in the demand for natural stress buster aroma therapy and scented candles.

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Market Forecast:

Global Scented Candles market is anticipated to be driven by the mounting growth of textile industry in recent years. Textile industry is experiencing a substantial growth both in developed and developing economies, as Scented Candless are used as an important component in the apparel industry which in turn escalates the sales of Scented Candless during the forecast period. Apart from that, increasing number of population in developing economies is also anticipated to be significant reason of rising demand of Scented Candless in the near future.

Moreover, increasing fashion conscious consumers and improvement of the sales of branded products are further propelling the growth of global Scented Candles market. Strong automobile production in the developing economies is also anticipated to bolster the growth of global Scented Candles market during the forecasted period. In addition, Scented Candless are also used in the sports & outdoor footwear products which can be considered as an important factors for the growth of Scented Candles market. These factors will play a key role in the growth of Scented Candles market at the CAGR of 8.3% during 2016-2022.

Competitive analysis:

Reckitt Benckiser (Air Wick) (U.K.)
P&G (U.S.)
Yankee Candles (U.S.)
Colonial Candle (U.S.)
The Conscious Candle (Australia)
Welburn Candles Pvt. Ltd. (India)
Parcan (Netherland)
Regional Analysis

The global Scented candles market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these North American region has the major market share. The market is projected to grow at a steady pace in the review period. Asia-pacific will be the fastest growing region in the scented candles market and high growth in emerging economies such as China, India, Japan, Australia, and the Latin American countries, offers ample opportunities for expansion to major players. The rise in number working population and urbanization in growing economies of Asia-Pacific and Latin America, especially in China and India will be the crucial factor underlining the market growth.

The market is projected to grow at a steady pace in the forecast period, leaded by higher growth in emerging economies such as China, India, Japan, Australia, and the Latin American countries, and also offers lucrative opportunities for expansion to major players.

Study Objectives of Scented Candles Market

In depth analysis of the market’s segments and sub-segments
To estimate and forecast market size by raw material, product type, distribution channel, fragrance and region
To analyses key driving forces which are influencing the market
Region level market analysis and market estimation of North America, Europe, Asia-Pacific, and rest of the world (ROW) and their countries
Value chain analysis & supply chain analysis of the market
Company profiling of major players in the market
Competitive strategy analysis and mapping key stakeholders in the market
Analysis of historical market trends and technologies along with current government regulatory requirements
Full report Available on Scented Candles Market report spread across 110 pages, profiling 16 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/scented-candles-market-2495

Key Findings:

North America dominates the scented candles market followed by Europe
Asia-Pacific is the fastest growing region in the scented candles market. India and China has shown huge potentials for scented candles market share during the period 2011-2015
Segmentation:

Scented candles market has been segmented on the basis of raw material- waxes, liquid dyes, soy, glass, and others
Scented candles has been segmented on the basis of product type- jar, pillar, tea light, tumbler, vase and others
Scented candles has been segmented on the basis of distribution- channel specialty store, home décor store, e-commerce, and others
Scented candles has been segmented on the basis of fragrance- fruit, flower, spice, blends, and others
Market Segmentation-

Global scented candles market is segmented size by raw material, product type, distribution channel, fragrance and region

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This release was published on openPR.