Scented candles Market 2023 | Yankee Candles, P&G, Reckitt Benckiser, Colonial Candle, Welburn Candles Pvt. Ltd.

With the growing consumer awareness & their increasing interest in natural scented candles, the demand for natural scented candles will drive the market growth from 2016 to 2022. Also, with increasing popularity of aroma therapy and spa treatments, increase in levels of stress in work life, has led to the adoption of the scented candles, to relieve stress after coming back home from office. These factors will play a key role in the growth of scented candles market at the CAGR of 5% during 2016-2022.

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Top Manufacturers:

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)

Market Downstream Analysis:

Vanilla is the most preferred fragrance for scented candles, amounts to almost 50% of the total sales of scented candles. Other popular fragrances include cinnamon, strawberry, peach, apple or spiced apple scented candles. Increasing consumer interest in organic scented candles along with with increasing demand of customized customized fragrances, which are generally blends of two types of fragrances from spas and other therapeutic centres. The various health benefits associated with use of various herbs in scented candles is key driving force for scented candles market. Growing number of internet users across the globe and rise in the popularity of e-commerce, key players are launching & promoting their product line on various e-commerce site so as to reach out to various consumers.

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1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3 Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

3.5 Market Size Estimation

4 Market Dynamics

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Detailed 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.

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This release was published on openPR.