Global Scented Candle Market, By Product Type (Jar, Pillar, Tea Light, Tumbler, Vase, Others), Raw Material (Wax, Liquid Dyes, Soy, Glass, Others), Fragrance (Fruit, Flower, Spice, Blends, Others), Category (Mass, Premium), Distribution Channel (Online, Offline), – Industry Trends and Forecast to 2029
Scented Candle Market Analysis and Size
There has been an increase in home renovation and home decoration activities as disposable income has increased. Since the pandemic has resulted in extended periods spent at home, an increasing number of people want to make their home a comfortable place to live. Some of the popular 2020 trends adopted by consumers include sculpture scented candles and organically shaped candles.
Data Bridge Market Research analyses that the scented candle market was valued at USD 2.97 billion in 2021 and is expected to reach the value of USD 5.02 billion by 2029, at a CAGR of 6.40% during the forecast period. The scented candle market report examines the current growth, which is being driven by the changing trend of gifting scented candles on special occasions.
Market Definition
A wide variety of candles are available in appealing packaging. There are fragrance infused candles, scented oil candles, and other types of one-of-a-kind candles. Scents and wax materials are not used in the artisanal materials. These non-toxic candles are made from natural ingredients and do not emit any toxins. The majority of users prefer the best organic scented candles on the market. These candles have a plethora of customization options.
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2019 - 2014)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
By Product Type (Jar, Pillar, Tea Light, Tumbler, Vase, Others), Raw Material (Wax, Liquid Dyes, Soy, Glass, Others), Fragrance (Fruit, Flower, Spice, Blends, Others), Category (Mass, Premium), Distribution Channel (Online, Offline)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Candle-lite (US), Reckitt Benckiser Group plc (UK), Zhong Nam Industrial (China), The Procter & Gamble Company (US), Empire Candle Co., LLC (US), L Brands, Inc. (US), BeCandle (India), Newell Brands (US), C. Johnson & Son, Inc (US), Conscious Candle Company (US), The Yankee Candle Company (US), Bolsius International BV (France), Welburn Candles Pvt Ltd ((UK), Colonial Candle (UK), Brandt Kaarsen (Spain)
|
|
Opportunities
|
|
Scented Candle Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Various application of scented candles
The scented candle market is being driven primarily by increased awareness of the product's use in various types of candle massages and aromatherapies.
- Rise in consumption of eco-friendly candles
Rising consumption of eco-friendly candles, rising use of candles for home decoration, rising consumer awareness of these products, rising disposable income of people, and an increase in the number of spa and massage parlours are some of the factors driving the growth of the scented candle market
Opportunity
Increasing investment in household interiors and a rapidly growing home decor market, on the other hand, will create a slew of new opportunities for the scented candle market during the forecast period.
Restraints
However, the presence of a product substitute will impede the growth of the scented candle market during the forecast period.
This scented candle market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the scented candle market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Scented Candle Market
Throughout the year 2019, many Scented Candles markets have suffered significant losses. The candles market, in particular, is experiencing some difficulties as a result of the pandemic. During this time, the demand for these scented candles has decreased. The scented candles are available in both physical and online stores. The shops and websites selling these candles, however, have been closed due to the lockdown. During this time, the number of candles delivered and purchased has decreased. According to candle market research, it may have a negative impact on the overall market.
Global Scented Candle Market Scope
The scented candle market is segmented on the basis of product type, raw material, fragrance, and category and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Jar
- Pillar
- Tea light
- Tumbler
- Vase
- Others
Raw Material
- Wax
- Liquid dyes
- Soy
- Glass
- Others
Fragrance
- Fruit
- Flower
- Spice
- Blends
- Others
Category
- Mass
- Premium
Distribution channel
- Online
- Offline
Scented Candle Market Regional Analysis/Insights
The scented candle market is analysed and market size insights and trends are provided by country, product type, raw material, fragrance, category and distribution channel as referenced above.
The countries covered in the scented candle market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the scented candle market due to the growing number of spas and massage parlours in the United States and Canada. The Asia-Pacific region is expected to have the highest growth rate from 2022 to 2029, owing to the changing trend of gifting scented candles on celebratory occasions and festivities in countries such as India, China, Japan, Thailand, Australia, and New Zealand.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Scented candle Market Share Analysis
The scented candle market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to scented candle market.
Some of the major players operating in the scented candle market are:
- Candle-lite (US)
- Reckitt Benckiser Group plc (UK)
- Zhong Nam Industrial (China)
- The Procter & Gamble Company (US)
- Empire Candle Co., LLC (US)
- L Brands, Inc. (US)
- BeCandle (India)
- Newell Brands (US)
- C. Johnson & Son, Inc (US)
- Conscious Candle Company (US)
- The Yankee Candle Company (US)
- Bolsius International BV (France)
- Welburn Candles Pvt Ltd ((UK)
- Colonial Candle (UK)
- Brandt Kaarsen (Spain)
SKU-