Candles Market May See a Big Move | Suomen Kerta, Korona Candles, Gala-Kerzen, Delsbo Candles

Latest Study on Industrial Growth of Candles Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Candles market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Major players profiled in the study are:
Korona Candles S.A. (Poland), Yankee Candle Company, Inc. (United States), Vila Hermanos Cerería Sa (Spain), Suomen Kerta Oy (Finland), Balthasar + Co. AG / Mislin + Balthasar AG (Switzerland), Cereria Pernici SRL (Italy), Delsbo Candles AB (Sweden), Gies Kerzen Gmbh (Germany), Gala-Kerzen Gmbh (Germany), Bolsius International BV (Netherlands)

Scope of the Report of Candles
Traditionally candles were used as the only source of light. But, in this era, candles have been creating different value in the field of decoration. Increasing demand for candles due to the increasing demand for good appearance and fragrance products. Additionally, increasing adoption of colorful candles in home décor and the availability of a variety of designed candles with robust distribution channels have been fuelling the growth of the market. However, the presence of alternative such as electronic or other fossil fuel-based light sources and volatile raw material prices in manufacturing candles are the reasons that are hampering the overall growth of the market. Moreover, established key players are developing new candles with attractive shapes and sizes, this can create a big opportunity for the market in the forecasted year.

On 27th April 2018, a leading manufacturer of candles backed by Equistone Partners Europe (“Equistone”) 'GALA Kerzen', has acquired a leading manufacturer of private label and candle products 'Korona Candles S.A.'. With the acquisition of Korona, GALA Kerzen is further expanding its product range, growing its international presence, and establishing itself as a leading global candle manufacturer following the recent additions of Indian company Ramesh Flowers and Berlin-based JewelCandle to the group.

The current law that applies to the overall safety of goods is The General Product Safety Regulations 2005 (GPSR for short). There aren’t any specific laws that relate to just candles, but there are some ‘European standards’ which give clear guidance on candle safety and are recommended to adhere to as they demonstrate ‘due diligence’ under the GPSR.

The Global Candles Market segments and Market Data Break Down are illuminated below:
by Type (Pillar Candles, Floating Candles, Votive Candles, Tapers, Filled Candles, Tealight Candles, Gel Candles, Specialty Candles, Liquid Candles, Other), Distribution Channel (Specialty or Gift Shops, Department or Home Decor Stores, Mass Merchandise Retailers, Direct Sales, Internet, Others), Material (Beeswax, Stearin, Paraffin Wax, Rapeseed Wax, Palm Wax, Soy Wax, Others)

Market Opportunities:
• Customized Candle Shapes will further increase Consumer Satisfaction
• Rising Department, Mass Merchandise Retailers, and Home Decor Stores.

Market Drivers:
• Growing Adoption of Colourfull Candles in Home Decor
• Availability of Variety of Designed Candles with Robust Distribution Channels

Market Trend:
• Increasing Adoption of Candles in Aromatherapy such as Relaxation and Stress Reduction
• Availability of Discounted Candle Products on E-Commerce Websites

What can be explored with the Candles Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Candles Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Candles
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Table of Contents
Global Candles Market Research Report
Chapter 1 Global Candles Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Candles Market Forecast

Finally, Candles Market is a valuable source of guidance for individuals and companies.

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