Scented Candles Market Size, Key Players, Global Industry Overview, Analysis, Future Scope and Business Opportunities 2023-2028

According to IMARC Group's latest report, titled "Scented Candles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global scented candles market size reached US$ 489.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 678.2 Million by 2028, exhibiting a growth rate (CAGR) of 5.50% during 2023-2028.

A scented candle is blended with a natural or synthetic fragrant material that releases a delightful scent while burning. They compose wax, fragrance oil, and a wick. Some of the popular scent types include fruity, flowery, baked goods, and earthy. They provide benefits, such as reducing stress, promoting calmness, and enhancing mood. In addition to this, they can be manufactured in various shapes, sizes, fragrances, and colors. As a result, they find extensive employment in aromatherapies, spas, and residential and commercial complexes for creating a relaxing and soothing atmosphere.

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Scented Candles Market Trends:

The global market for scented candles is experiencing substantial growth, driven by the rising prevalence of mental health conditions, such as depression, anxiety, and stress. Moreover, the growing focus on mental health and the increasing adoption of aromatherapy for treating various psychological and physical conditions are contributing to the market growth. Additionally, the easy product availability on e-commerce websites, coupled with fast shipping facilities and innumerable payment options, are propelling the market growth. Furthermore, the inflating purchasing power of individuals and the surging penetration of high-speed internet connectivity are boosting the market growth. In line with this, key product manufacturers are introducing organic and eco-friendly variants in innovative fragrances, such as lavender, grapefruit, lemon, rose, fig, basil, sage, sandalwood, pine, caramel, and chocolate, to expand their product portfolio, which is creating a positive outlook for the market.

Scented Candles Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the scented candles market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Bath & Body Works Inc.
• Bolsius International B.V.
• Bridgewater Candle Company
• Candle-lite Company
• Conscious Candle Company
• Diptyque
• Lalique Group
• Mvp Group International Inc.
• NEST New York, S. C. Johnson & Son Inc.
• Stonewall Kitchen
• The Estee Lauder Companies Inc.
• The Yankee Candle Company Inc. (Newell Brands)
• Thymes LLC, etc

Key Market Segmentation:

The report has segmented the scented candles market on the basis of IC type, application and region.

Breakup by Product Type:

• Container-Based
• Pillar
• Others

Breakup by Category:

• Mass
• Premium

Breakup by Raw Material:

• Paraffin Wax
• Soy Wax
• Beeswax
• Others

Breakup by Distribution Channel:

• Hypermarket and Supermarkets
• Convenience Stores
• Online Stores
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Browse Full Report with TOC and List of Figures: https://www.imarcgroup.com/scented-candles-market

This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.