Birthday Candle Market to reach USD 16.77 Bn by 2029, emerging at a CAGR of 6.9 percent and forecast (2022-2029)

Birthday Candle Market Report Scope and Research Methodology

To obtain detailed insights into the market, a thorough research methodology was employed for this report. Extensive primary and secondary research, including interviews with industry experts, market surveys, and data analysis, formed the basis of the research process.

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What are Birthday Candle Market Dynamics?

The increasing disposable income of people worldwide has made birthday celebrations more affordable, thereby driving the growth of the birthday candle market. Additionally, the market is witnessing a surge in demand for innovative birthday candles, such as sparkler candles, DIY fruit candles, glitter candles, and novelty candles, especially among the younger demographic.

Furthermore, the advent of e-commerce platforms has provided consumers with a wide range of options at affordable prices. This has facilitated the expansion of manufacturers and merchants, boosting the global birthday candle market by enhancing their regional reach. Innovative designs, such as edible birthday candles, are also expected to contribute significantly to the market's growth.

The majority of birthday candles produced globally do not adhere to established safety standards. Paraffin, a key ingredient in the production of birthday candles, is inherently toxic. As these candles frequently melt on the cake and are ingested, they can potentially pose health risks due to the toxins they release, including toluene, benzene, and naphthalene. This factor is likely to hamper the growth of the birthday candle market.

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What is Birthday Candle Market Segmentation?

by Raw Material
• Beeswax
• Stearin
• Paraffin Wax
• Palm Wax
• Soy Wax
• Others (Sunflower Wax, Vegetable Oil Wax, etc.)

by Type
• Number Candles
• Character/Thee Candles
• Sparler
• Others

by Distribution Channel
• Online Channel
• Offline Channel

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Who are Birthday Candle Market Key Players?

• Bolsius International BV
• Birthday Candles Scandinavia Group AB
• Delsbo Birthday Candle AB
• Diana Lys A/S
• DK international interior AS
• DUFFY & SCOTT Birthday Candlemakers Ltd
• Erich Kopschitz GmbH
• Gebr. Müller
• KCB UMA GmbH
• Monterosa Zelandi Srl
• S. C. Johnson & Son, Inc.
• Schulthess Kerzen GmbH
• The Gala-Birthday Candles Group
• The Yankee Birthday Candle Company
• Vollmar GmbH

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Table of content for the Birthday Candle Market includes:

1. Global Birthday Candle Market: Research Methodology

2. Global Birthday Candle Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Birthday 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

4. Global Birthday Candle Market Segmentation

• Global Market, by Raw Material (2021-2029)
• Global Market, by Type (2021-2029)
• Global Market, by Distribution Channel (2021-2029)

5. Regional Birthday Candle Market (2021-2029)

• Regional Market, by Raw Material (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Distribution Channel (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

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Regional Insights:

In 2021, North America dominated the market, contributing over 20% of global revenue. The presence of renowned candle manufacturing enterprises and consistent product releases in the United States have been driving factors in this region. Meanwhile, Asia Pacific is expected to witness the fastest growth rate of 9.2%, primarily driven by rising middle-class incomes and the demand for aesthetically pleasing candles, especially in emerging markets such as China, India, and Bangladesh.

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 by Product
• Competitive Landscape - Profiles of selected key players by region from 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

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