Scented Candles Market is Projected to have a Valuation of US$ 3.6 billion in 2022

The global scented candles market is projected to have a valuation of US$ 3.6 billion in 2022, with sales growing at a 4.1% CAGR through 2032.

To improve sales, manufacturers are introducing limited edition fragrances and seasonal scents. For instance, DIPTYQUE is offering a set of 5 limited edition scented candles. These candles are further being marketed as gifting solutions.

Besides this, with evolving consumer preferences, personalization is gaining a center stage in the market. In response to this, companies are enabling consumers to customize and personalize their candles by letting them choose the scents and allowing them to add messages and notes. Such developments are expected to create opportunities for growth in the market.

In addition to standard-sized candles, gamers are now offering small limited-edition candles, which are popular as present options. Berries, roses, pine tree, jasmine, musk, fig tree, wood fire, and mimosa are among the scents being advertised as limited editions.

Besides scents, companies are focusing on enhancing their packaging designs as the visual appeal of the product plays a major role in shaping consumer preferences. Leather bag inspired box, print box packaging, and eco-friendly sustainable packaging are some packaging options offered by the manufacturers.

Request a Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-14253

"Scented candles are being promoted as décor accents for homes as they provide ambient light and a luxurious visuals. Many of the scented candles are also being promoted as anxiety and stress reducer fragrances. Such developments are expected to augment the growth of the market through 2032," says an FMI analyst.

Key Takeaways:

In terms of product type, container-based candles are expected to dominate the market.
Based on the shape, sales of round scented candles will grow at a 3.4% CAGR.
Demand for multi wick candles will increase at a 5.2% CAGR through 2032.
Sales through online channels are projected to grow at a healthy 6.9% CAGR over the assessment period.
The U.S. will continue dominating the North America scented candles market, driven by high demand for limited edition candles.
Sales in the U.K. scented candles market will increase at a 3% CAGR over the forecast period.
India will emerge as a lucrative market, with sales projected to increase at a 2.9% CAGR over the assessment period.

For any Queries Related with the Report, Ask to Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-14253

Competition Landscape

Leading players operating in the global scented candles market are investing in promotional strategies, advertisements, and new product launches with limited edition scents to gain a competitive edge in the market.

Key players operating in the market profiled by FMI include Newell Brands, MVP Group International, Estee Lauder Companies, NEST New York, Thymes, LLC.,L Brands, Portmeiron Group Plc., The Yankee Candle Co. Inc., The White Barn Candle Co., Village Candles, Bridgewater Candles., etc.

Scented Candles Market By Category

Product Type:

Container Based Scented Candles
Pillar Scented Candles
Others
Shape:

Round
Flower
Heart
Oval
Others
No. of Wicks:

Single Wick
Multi Wicks
Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)

Buy this Research Report@ https://www.futuremarketinsights.com/checkout/14253

Have a Look at Research Reports of Consumer Product Domain

Pet Water Dispenser Market Value: The pet water dispenser market is estimated to reach US$ 151.2 Mn in 2022 and is projected to reach US$ 258.4 Mn by 2032, at a CAGR of 5.5% from 2022 to 2032.

Pet Toys Market Size: The pet toys market participants are currently engaged in leveraging their presence in both commercial and residential sectors that include households, pet hotels and day care centers.

Pet Furniture Market Sales: The global pet furniture market is estimated to total US$ 5 Bn in 2022 and is projected to reach US$ 9.2 Bn by 2032, at a CAGR of 6.2% from 2022 to 2032.

Bird Toy Market Size: The global bird toy market size is estimated to reach US$ 386 Mn in 2022. With demand growing at a 5% CAGR over the forecast period, the market valuation is projected to reach US$ 631 Mn by 2032.

Contact Us:

Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.