Press release
Global Candle Market Size worth USD 14.53 Bn. by 2029 at a CAGR: 8.2 percent
Global Candle Market
Global Candle Market Report Scope and Research Methodology
The report is a thorough analysis of the Global Candle market equipped with key findings including product, price, financial position, product portfolio and growth strategies in the Global Candle market. A detailed analysis is conducted on the drivers, restraints, opportunities, and challenges of the Global Candle market. For better understanding of market penetration, competitive landscape, demand analysis and regional analysis is conducted at the local, regional and global levels. For a segment-wise analysis of the Global Candle market, it is divided by Type, Raw Material and distribution Channel.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/global-candle-market-2/42231/
The bottom-up approach was used to estimate the Candle Market size. The report includes primary as well as secondary data collection techniques. Surveys, administering questionnaires and telephonic interviews with industry specialists, market leaders, and marketing professionals were included in the primary research. Secondary data includes official databases of various organizations and government sites, industry journals, white papers, annual and financial reports and press releases, etc.
SWOT analysis was conducted to access internal as well as external factors and the current and future potential of the Candle Market while PESTLE analysis was used to understand a systematic evolution of the business prospects, risks and new opportunities in the environment of the Global Candle market.
Global Candle Market Dynamics
During the forecast period, the Candle market is expected to be driven by the increased use of candles for festival celebrations as well as birthday celebrations, the presence of a large number of candle manufacturing industries and the usage of candles by therapists. It is expected to be driven by the increasing usage of candles in the residential and commercial sectors. However, the candle market is expected to be hampered by the high cost of raw materials and the availability of multiple substitute products throughout the forecast period.
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Global Candle Market Regional Insights
During the forecast period, North America is expected to dominate the global candle. The regional market is driven by the US country due to the availability of the largest manufacturing companies. The Asia Pacific region is expected to grow at a fast CAGR during the forecast period due to the presence of a significant number of the candle industry and a large number of festival celebrations especially in India.
Global Candle Market Segmentation
By Type
Tea Lights
Votive
Pillars
Birthday Candle
Cartridge Candle
Wax Filled Container Candles
Others
By Raw Material
Beeswax
Stearin
Paraffin Wax
Rapeseed Wax
Palm Wax
Soy Wax
Others
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By Distribution Channel
Offline
Online
Global Candle Market Key Players include:
Vollmar GMBH
Baltic Candles Ltd
Bolsius International BV
Delsbo Candle AB
Diana Lys A/S
Duni AB
Erich Kopschitz GmbH
Hansa Candle AS
Bekro Chemie GMBH
KORONA Candles S.A.
Suomen Kerta Oy
Yankee Candle Europe Ltd
Affari AB
BISPOL Sp. z o.o.
Candle Scandinavia Group AB
Ceras Roura
Duffy & Scott Candlemakers Ltd
Engels Kerzen GmbH
Ester & Erik A/S
Müller Kerzenfabrik AG
Korpiahon Hunaja Oy
Kynttilä-Tuote Oy
Liljeholmens Stearinfabriks AB
Monterosa Zelandi Srl
The Copenhagen Candle Company Limited
VILA HERMANOS CERERÍA SA
Seal Aromas MH
Contract Candles Ltd
Spaas Candles Poland Sp Z O O
Bartek Candles
Table of Content for Global Candle Market:
Global Global Candle Market: Research Methodology
Global Global Candle Market: Executive Summary
Market Overview and Definitions
Introduction to Global Candle Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Global Candle Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Global Candle Market Segmentation
Global Global Candle Market, by Type (2021-2029)
Global Global Candle Market, by Raw Material (2021-2029)
Global Global Candle Market, by Distribution Channel (2021-2029)
Regional Global Candle Market(2021-2029)
Regional Global Candle Market, by Type (2021-2029)
Regional Global Candle Market, by Raw Material (2021-2029)
Regional Global Candle Market, by Distribution Channel (2021-2029)
Regional Global Candle Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis of Type, Raw Material, Distribution Channel and Region
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Maximize Market Research is leading Consumer Goods and Services research firm, has also published the following reports:
Birthday Candle Market: Global Industry Analysis and Forecast (2022-2029): know more: https://www.maximizemarketresearch.com/market-report/global-birthday-candle-market/108263/
Floor Lamps Market - Global Industry Analysis and Forecast (2022-2029): know more: https://www.maximizemarketresearch.com/market-report/floor-lamps-market/146940/
Fragrance Diffuser Market- Global Industry Analysis and Forecast (2022-2029): know more: https://www.maximizemarketresearch.com/market-report/fragrance-diffuser-market/146338/
Waterless Cosmetic Market: Global Industry Analysis and Forecast (2022-2029): know more: https://www.maximizemarketresearch.com/market-report/waterless-cosmetic-market/166257/
Boxing Gloves Market: Global Material Analysis and Forecast (2021-2029): know more: https://www.maximizemarketresearch.com/market-report/boxing-gloves-market/166882/
Recreation Clubs Market: know more: https://www.maximizemarketresearch.com/market-report/recreation-clubs-market/165153/
Hair Lightening Product Market: know more: https://www.maximizemarketresearch.com/market-report/hair-lightening-product-market/146950/
Cosmetic Mixing Equipment Market: Industry Analysis and Forecast (2022-2029): know more:https://www.maximizemarketresearch.com/market-report/cosmetic-mixing-equipment-market/148304/
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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