>Global Pumpkin Candles Market, By Type (Beeswax, Paraffin Wax, Soy Wax, Others), Category (Mass and Premium) and Distribution Channel (Store-Based and Non-Store Based), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Pumpkin Candles Market
The pumpkin candles market is expected to witness market growth at a rate of 6.0% in the forecast period of 2021 to 2028 and is expected to reach USD 366.58 million by 2028. Data Bridge Market Research report on pumpkin candles market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the consumption of candles as an aesthetic-appealing product among female millennials for household application is escalating the growth of pumpkin candles market.
A candle can be referred to as an ignitable wick that is produced from wax that gives light. Candles were originally utilized as a source of light but currently, they are a symbol of festivity. Candles indicate soothing of the senses, aroma, describes a ceremony and events, and so forth. Pumpkins candles are spicy scented candles that assist in eradicating unpleasant odours. Also, the scented candles act as home decoration products.
Major factors that are expected to boost the growth of the pumpkin candles market in the forecast period are the rise in the popularity of scented candles, particularly in the western countries and the increase in the tend exponentially due to the scented candles that act as home decoration products. Furthermore, the rise in the urbanization and the upsurge in the development in the millennial population is further anticipated to propel the growth of the pumpkin candles market. Moreover, the arrival of many candle manufacturers is further estimated to cushion the growth of the pumpkin candles market. On the other hand, the accessibility of popular alternatives is further projected to impede the growth of the pumpkin candles market in the timeline period.
- In addition, the constant product launches by several of the key market players and manufacturers will further provide potential opportunities for the growth of the pumpkin candles market in the coming years. However, the counterfeit products might further challenge the growth of the pumpkin candles market near future.
This pumpkin candles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on pumpkin candles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Pumpkin Candles Market Scope and Market Size
The pumpkin candles market is segmented on the basis of type, category and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the pumpkin candles market is segmented into beeswax, paraffin wax, soy wax, others.
- On the basis of category, the pumpkin candles market is segmented into mass and premium.
- On the basis of distribution channel, the pumpkin candles market is segmented into store-based and and non-store based. Store-based is further sub segmented into supermarkets and hypermarkets, convenience store, and others.
Pumpkin Candles Market Country Level Analysis
The pumpkin candles market is analysed and market size, volume information is provided by country, product and distribution channel as referenced above.
The countries covered in the pumpkin candles market report are the 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, Israel, Egypt, South Africa, 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 pumpkin candles market due to the rise in the premium candles because of they are made from toxin-free materials. Furthermore, the growing of the product demand during the festive seasons Halloween, Easter and Christmas which will further boost the growth of the pumpkin candles market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the pumpkin candles market due to the rise in the acceptance of luxury lifestyle. Moreover, the increase in the need for aesthetic candles from middle-class income groups particularly in the advancing countries is further anticipated to propel the growth of the pumpkin candles market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Pumpkin Candles Market Share Analysis
The pumpkin candles 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 pumpkin candles market.
The major players covered in the pumpkin candles market report are The Yankee Candle Co. Inc., WILLIAMS-SONOMA, INC., Holly’s House UK., Gibson & Dehn, URBN.com., Bath & Body Works Direct, Inc., Our Own Candle Company, Procter & Gamble, S.C. Johnson & Son, Inc., Conscious Candle Co., Bolsius International BV, Bridgewater Candle Company., Colonial Candle, Circle E Candles, Diptyque, Lee Naturals, MALIN + GOETZ., Meredith Corporation., Reckitt Benckiser Group plc., and Newell Brands among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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