Scented Candles Market is Likely to Increase At a Significantly High CAGR During Forecast Period 2031 | The Conscious Candles, Vollmar Gmbh, Colonial Candles, Parcan, Reckitt Benckiser, Yankee Candles, Lee Naturals
Scented Candles Market 2024-2031 Forecast: Unveiling Opportunities and GrowthGlobal Scented Candles Market is an exploration report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. These bits of knowledge offered in the Scented Candles Market report would benefit request players to define systems for the future and gain a solid situation in the worldwide market request development. Other than this, the specialists have profoundly contemplated distinctive geological regions and introduced a serious situation to help new rivals, driving business sector players and fiscal backers to decide arising economies.
According to Insider Market Research, the Scented Candles Market size is estimated to increase by USD 620 Million at a CAGR of 4.1% from 2024 to 2031. Currently, the market value is pegged at USD 556.0 Million.
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Key Players in the Scented Candles market:
The Conscious Candles, Vollmar Gmbh, Colonial Candles, Parcan, Reckitt Benckiser, Yankee Candles, Lee Naturals, Balsius International, Welburn Candles Pvt. Ltd., CoScentrix, Newell Brands.
Market Leaders & Development Strategies:
Bath & Body Works launched a new range of aromatherapy-inspired scented candles in February 2023. The range features perfumes such as eucalyptus, peppermint, and lavender, which appeal to customers looking for calming odors.
Market Drivers:
Increasing Consumer Preference for Home Decor and Aesthetics
Rising Disposable Income
Growing Awareness of Aromatherapy Benefits
Market Restraints:
Fluctuating Prices of Raw Materials
Environmental Concerns
Market Opportunities:
Expansion in Emerging Markets
Product Innovation and Diversification
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Market Segmentation & Coverage:
This research report categorizes the Scented Candles Market to forecast the revenues and analyze trends in each of the following sub-markets:
Based on Raw Material: The market is segmented into Wax, Liquid Dyes, Soy, Glass, Others.
Based on Product Type: The market is segmented into Jar, Pillars, Tea Light, Tumbler, Vase, Others.
Based on Fragrance: The market is segmented into Fruits, Flower, Spices, Blends, Others.
Scented Candles Market Regional Analysis:
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Scented Candles in these regions, covering
North America (USA, Canada and Mexico)
Europe (UK, Germany, France and the Rest of Europe)
Asia Pacific (China, Japan, India, and the Rest of the Asia Pacific region)
South America (Brazil, Argentina and the Rest of South America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
** Note - This report sample includes:
Scope For 2025
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Insider Market Research
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
•Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
Key takeaways from the Scented Candles Market report:
• Detailed consideration of Scented Candles industry-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
• In-depth study of industry strategies for growth of the Scented Candles market-leading players.
• Scented Candles market latest innovations and major procedures.
• Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
• Conclusive study about the growth conspiracy of Scented Candles market for forthcoming years.
Direct Contact:
Greta Richards
Business Development Manager
Insider Market Research
+1 614 385 1709
Email: greta@insidermarketresearch.com
Website: https://www.insidermarketresearch.com/
About Us:
Insider Market Research, we are dedicated to providing you with the comprehensive insights and detailed analyses you need to leverage the power of data and marketing, ensuring your business stays ahead of the curve.
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Parcan
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