Global Scented Candles Market Size is expected to reach a value of USD 10.6 Billion by 2028, by SkyQuest (2022 - 2028)

According to the latest research by SkyQuest Technology, the global scented candles market was valued at USD 7.1 Billion in 2021, and it is expected to reach USD 10.6 Billion by 2028, with a CAGR of 5.7% during the forecast period of 2022 - 2028. The research provides up-to-date scented candles market analysis of the current market landscape, latest trends, drivers, and overall market environment.

A candle that contains a mixture of artificial or natural scents is scented. Plants, essential oils, and aromatic chemicals can all be used to create the aroma or fragrance of scented candles. Essential oils are derived from a variety of plants, including trees and flowers. Contrarily, aromatic compounds are obtained from petroleum and animal sources. When the candle wax is heated, the scented candles produce fragrance. They are utilised in aromatherapy, as interior design, and for other purposes like reducing tension. The scented candles come in a wide variety of patterns, forms, sizes, and scents.

Demand in the industry is being stimulated by scented candles' rising popularity as gifting options. Due to this, producers are introducing gift sets that comprise scented candles in a variety of forms and scents.

People from all around the world are gravitating toward the use of eco-friendly candles due to growing environmental concerns. Additionally, there has been a noticeable increase in the use of candles for house decoration. These elements are producing significant sales opportunities for businesses engaged in the global scented candle market.

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Many businesses in the scented candle industry go above and beyond to make their products advanced. For instance, businesses are concentrating on the release of specific scented candles intended for home furnishings that contribute to the aesthetic appeal of homes. Fruit-shaped candles for the dining room and living room are in noticeably greater demand on the market. These product innovation initiatives should benefit the growth of the global scented candle market in the ensuing years.

Read market research report, " Global Scented Candles Market By Product Type (Containers, Pillars, Tumbler, Vase, Others), By Raw Material (Wax, Liquid Dyes, Soy, Glass, Others), By Distribution Channel (Online, Offline) & By Region - Forecast and Analysis 2022-2028" by SkyQuest

The prominent market players are constantly adopting various innovative ideas and growth strategies to capture more market share. The key market players are MVP Group International, Inc. (US), Newell Brands (US), Estee Lauder Companies (US), NEST New York (US), Thymes, LLC (US), L Brands (US), Portmeirion Group Plc (UK), The Yankee Candle Co. Inc. (US), The White Barn Candle Co. (US), The Village Candle (US), Bridgewater Candles (US).

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about scented candles market revenue. The projections highlighted in the report have been determined utilizing demonstrated research approaches and suppositions.

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Report Findings
Drivers- The increased use of candles in home decor and the rise in consumer interest in interior design are driving the expansion of the world market for scented candles. The expansion of the global market is boosted by the explosion of the massage and aromatherapy industries. The desire for organic and eco-friendly candles is on the rise, which is a factor that may help the global candle market expand.
Restraint- When burned, certain wax can produce poisonous chemicals that can lead to issues like asthma, allergies, and skin rashes. This may be a flaw with scented candles that prevents the market for them from expanding globally.

What does this Report Deliver?
Market Estimation for 20+ Countries
Scented Candles Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional and Country specific Scented Candles Market Trends
Comprehensive Mapping of Scented Candles Industry Parameters
Attractive Investment Proposition in the Global Scented Candles Industry
Competitive Strategies Adopted by Scented Candles Market Key Players
Drivers, Restraints, Opportunities, Challenges and the impact on the Scented Candles Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Scented Candles market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Scented Candles Market Sales
Parent market analysis
Product portfolio benchmarking

Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/scented-candles-market

SkyQuest has segmented the Global Scented Candles Market based on Product Type, Raw Material, Distribution Channel and Region:
Global Scented Candles Market by Product Type (Revenue, USD Billion, 2021 - 2028)
Containers
Pillars
Tumbler
Vase
Others

Global Scented Candles Market by Raw Material (Revenue, USD Billion, 2021 - 2028)
Wax
Liquid Dyes
Soy
Glass
Others

Global Scented Candles Market by Distribution Channel (Revenue, USD Billion, 2021 - 2028)
Online
Offline

Global Scented Candles Market by Region
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA

Key Players in the Global Scented Candles Market
MVP Group International, Inc. (US)
Newell Brands (US)
Estee Lauder Companies (US)
NEST New York (US)
Thymes, LLC (US)
L Brands (US)
Portmeiron Group Plc (UK)
The Yankee Candle Co. Inc. (US)
The White Barn Candle Co. (US)
The Village Candle (US)
Bridgewater Candles (US)

About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

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This release was published on openPR.