Press release
Scented Candle Market: Impressive Growth, Opportunities, Trends and Key Players
Forecasting a Strong Growth with CAGR of 6.0% and 6.6% in the Global Scented Candle Market for 2024 to 2025 and 2025 to 2029 RespectivelyWhat Is The Projected Market Size Of The Global Scented Candle Market And Its Growth Rate?
• The scented candle market size has grown from $4.11 billion in 2024 to $4.36 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%.
• The growth in the historic period is attributed to aesthetic and décor trends, wellness and stress relief, seasonal and holiday demand, gifting and personalization, evolution of fragrance preferences.
• Forecast suggests the scented candle market size will grow to $5.63 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%.
• The growth in the forecast period can be attributed to wellness and mindfulness practices, innovation in fragrances, seasonal and occasional demand, personalization and customization, sustainability and eco-friendly practices.
What Is Driving The Growth In The Scented Candle Market?
Changes in lifestyle leading to stress and related ailments are the primary drivers for the growth in the scented candle market. With the onset of the COVID-19 pandemic, uncertainties of life, changes in daily routines, financial hardships, and social isolation have increased anxiety and stress. This has lead people towards natural, chemical-free stress-relieving techniques like aromatherapy where scented candles are heavily used. For instance, in 2024, according to Champion Health Inc., a UK-based health and wellness platform, there was an 8% increase in symptoms of anxiety and an 11% increase in symptoms of depression compared to 2023. Hence, the schanges in lifestyle propelling stress and related ailments are driving the growth of the scented candle market.
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Who Are the Key Players Driving Scented Candle Market Growth?
• California Exotic* Novelties
• Colonial Candles Inc.
• CoScentrix LLC
• Diptyque Paris
• Himalayan Trading Post Inc.
• Magnolia Scents by Design LLC
• Mel's Candles LLC
• Newell Brands Inc.
• Northern Lights Candle Co. LLC
• Amy's Country Candles LLC
• BeCandle LLC
• Bolsius International BV
• Brandt Kaarsen BV
• Bridgewater Candle Company LLC
• Voluspa Inc.
• Paddywax Candles Inc.
• Nest Fragrances LLC
• Homesick Candles LLC
• Capri Blue Candles LLC
• Chesapeake Bay Candle Company LLC
• Yankee Candle Company Inc.
• Thymes Fragrances LLC
• Mrs. Meyer's Clean Day
• Trapp Candles
• Illume Candles
• Village Candle
• Millefiori Candles
• Stonewall Candle Company
• WoodWick Candle Company LLC
• DW Home LLC
What Are The Key Trends In The Scented Candle Market?
• Holistic well-being focus
• Natural and botanical scents
• Limited edition offerings
• Unique fragrance combinations
• Therapeutic and mindfulness practices
What Are The Segments Of The Global Scented Candle Market?
• By Product Type: Jar, Pillar, Tea light, Tumbler, Vase, Other Product Types
• By Raw Material: Wax, Liquid Dyes, Soy, Glass, Other Raw Materials
• By Fragrance: Fruit, Flower, Spice, Blends, Other Fragrances
• By Sales Channel: Online Retails, Offline Retails
Which Region Leads The Scented Candle Market?
According to the report, North America was the largest region in the scented candle market in 2024. Nonetheless, Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa, are also highlighted as key regions fueling the growth of the scented candle market.
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What Is Covered In The Scented Candle Market Global Market Report?
- Market Size Analysis: Analyze the Scented Candle Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Scented Candle Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Scented Candle Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Scented Candle Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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