Market Overview
The accelerated trend of redoing household interiors is estimated to create a promising scope for the scented candles industry. The consumer and retail industry reports are formed by Market Research Future, emphasizing market opportunities for growth. A USD 4.22 billion income level is forecasted to be achieved with the support of a CAGR of 5.80% by 2024.
The urging investment in the home décor market by both the suppliers and consumers is estimated to benefit the scented candles market manufacturers share in the coming period. Furthermore, the development of the customized home fragrance candles segment is estimated to boost the forecast period's scented candles market manufacturers companies.
Key Players
The Procter & Gamble Company (U.S.), Newell Brands (U.S.), Empire Candle Co., LLC (U.S.), Brandt Kaarsen (U.S.), Conscious Candle Company (Australia), Bolsius International B.V. (Netherlands), L Brands, Inc. (U.S.), Welburn Candles Pvt Ltd (India), Colonial Candle (U.S.), Reckitt Benckiser Group plc (U.K.), The Yankee Candle Company (U.S.), S.C. Johnson & Son, Inc. (U.S.), BeCandle (Hong Kong), Zhong Nam Industrial (International) Co., Ltd. (Hong Kong), and Candle-lite (U.S.) are some of the principal companies in the scented candles market manufacturers.
Market Segmentation:
The scented candles market manufacturers's segmental overview has been conducted based on category, distribution channel, product type, and region. On the basis of product type, the scented candles market manufacturers is segmented into paraffin wax, vegetable wax, synthetic wax, and animal wax. On the basis of regions, the scented candles market manufacturers is segmented into Europe, North America, Asia Pacific, Africa, South America, and the Middle East. Based on the channel of distribution, the scented candles market manufacturers is split into store-based and non-store-based. Based on the category, the scented candles market manufacturers is segmented into premium and mass. On the basis of regions, the scented candles market manufacturers is segmented into Europe, North America, Asia Pacific, Africa, South America, and the Middle East.
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Regional Analysis
The regional examination of the caviar market is segmented into Asia Pacific, North America, Europe, and other significant regions. The caviar market in the European region is projected to lead the market for the duration of the forecast period. The significant reasons helping the market advance are product reception as a valued delicacy and elevated consumer expenditure power of clients in the region. The rise in online retailing has further escalated the market growth of caviar. The caviar market in Europe at present characterizes the principal market share, accounting for about 37% of the overall global market portion. The Asia Pacific region’s caviar market is projected to record the maximum CAGR throughout the forecast period due to the mounting inclination for exotic global cuisine along with mounting production. The market in the APAC is viable, with global players inhabiting the important share of the caviar market. An upswing in the number of systematized retail and specialty stores is also improving the progress of the regional caviar market. The national market for China occupies a momentous segment of the caviar market in the Asia Pacific region.
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Market Synopsis:The changes in the lifestyle of the urban population are expected to fuel demand for home décor products in the upcoming years.
Market Research Future (MRFR)’s report has asserted in its report that the global scented candles market is expected to strike a steady CAGR over the projection period 2016 to 2022.
In addition, the availability of the product in different shapes and sizes is likely to propel the expansion of the scented candles market over the next couple of years.
are poised to support market growth in the foreseeable future.Market Segmentation:on the basis of raw material, the global scented candles market has been segmented into liquid dyes, waxes, soy, glass, and othersBased on product type, the scented candles market has been segmented into pillar, jar, tea light, vase tumbler, and others.By distribution channel, the global scented candles market has been segmented into home décor store, e-commerce, specialty store, and others.On the basis of fragrance, the scented candles market has been segmented into fruit, flower, spice, blends, and others.Regional Analysis:The global scented candles market, by region, is segmented into four regions, viz.
North America, Europe, Asia Pacific, and the Rest of the World (RoW).
North America has the major share of the market and is poised to retain it through the forecast period.
Scented candle manufacturershttps://www.caifedecandles.com/Products/Scented-candles_05.htmlGirls who are pursuing a high quality life always put some scented candles to help add aroma to the interior and keep a good mood.
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