Scented Candles Market - Trends Forecast Till 2028

Scented Candles Market Size, Share & Trends Analysis Report By Product (Container-based, Pillars), By Distribution Channel (Hypermarket & Supermarket, Convenience Stores), By Region, (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-CG-SCM-620

Format:  

Number of Pages: 438

Domain: Consumer Goods & Services

Scented Candles Market – Trends Forecast Till 2028

The global scented candles market size was valued at USD 533.5 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.3% from 2021 to 2028.

A scented candle is a candle that has a blend of natural or synthetic scented. Aroma or fragrance of scented candle can be extracted from the plants, essential oil, and fragrant chemicals. Essential oils are obtained from different sources like flowers and trees. Whereas, fragrant chemicals are extracted from animal sources and petroleum. The scented candles generate fragrance when the candle wax gets heated. They are used for aromatherapy, home decor, and have other effects like stress relive. The scented candles are founded in many designs, shapes, sizes, and fragrances.

An increase in the number of hotels, restaurants, wellness facilities, and religious institutions are some of the factors that have supported long-term expansion for Scented Candles Market.

During the covid 19, plenty of Scented Candle’s market have been facing severe losses. Especially, the candles market is facing few difficulties in the pandemic. The demand for these scented candles has reduced during this period.

Scented Candles Market Size Analysis

North America dominated the scented candles market and accounted for the largest revenue share of more than 33.0% in 2020. Although the demand for HDHT goods, including scented candles, was hit during the initial phase of the pandemic, the demand for the same picked up as consumers began to focus on their personal health and wellbeing and spending on small indulgences.

Scented Candles Market is segmented into product outlook, distribution channel and region.

On the basis of Product Outlook

  • Container-based
  • Pillar
  • Others

On the basis of Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience stores
  • Online

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Scented Candles Market Primary Respondent

 

Key Players

  • Village Candle
  • Portmeirion Group PLC
  • Newell Brands
  • MVP Group International, Inc.
  • Estée Lauder Companies Inc.
  • Diptyque Paris
  • Lalique Group SA L Brands
  • NEST New York Thymes, LLC

Recent Developments

  • June 8, 2020 -- Lead producer of fragranced candles, Maine-based, Village Candle, announced the launch of its new Gentlemen's Collection. Featured in contemporary three-wick bowls with a black metal lid, this collection includes seven total fragrance options including Bergamot & Amber and Spiced Tobac & Honey.
  • December, 2018 American brand Village Candle has confirmed a brand re-launch in the UK market, demonstrating the company’s commitment to not only being among the leading manufacturers of quality home fragrance products, but also taking responsibility for building the Village Candle brand through direct partnerships with valued buyers and stockists.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Scented Candles Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 3.3% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

product outlook, distribution channel and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Village Candle, Portmeirion Group PLC, Newell Brands, MVP Group International, Inc., Estée Lauder Companies Inc., Diptyque Paris, Lalique Group SA L Brands and NEST New York Thymes, LLC

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