Global Scented Candles Market

Global Scented Candles Market Size, Share, Growth Analysis, By Product Type(Containers, Pillars), By Distribution Channel(Online, Offline), By Raw Material(Wax, Liquid Dyes) - Industry Forecast 2024-2031

Report ID: SQSG30K2001 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 93 | Figures: 76

Global Scented Candles Market Insights

Global Scented Candles Market size was valued at USD 2.97 billion in 2019 and is poised to grow from USD 3.16 billion in 2023 to USD 5.52 billion by 2031, growing at a CAGR of 6.4% in the forecast period (2024-2031).

Foul odours can be removed from an area with scented candles. In order to achieve a meditative state of mind, scented candles help to create a soothing environment. Some of the most popular scented candles include blueberry, chocolate, caramel, roses, lavender, vanilla, lemon, cherries, cedar, and balsam. The scented candles market is being propelled in large part by rising consumer knowledge of the product's use in various candle massages and aromatherapies. In the forecast period of 2022 to 2028, factors such as increased consumer awareness of these goods, rising disposable income of people, rising number of spa and massage parlours, and rising consumption of environmentally friendly candles will all contribute to the market growth for scented candles. Whereas, the quickly expanding home decor market and rising investment in interior design will further create a number of new chances that will fuel the expansion of the scented candle market during the time covered by the forecast. Due to its aromatic and calming qualities, scented candles have found use in the household market as well as hospitality business outlets including spas, restaurants, and hotels. Additionally, many customers attest to the therapeutic benefits of scented candles as well. In recent years, the market has consistently grown due to a number of encouraging factors.

US Scented Candles Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Scented Candles Market size was valued at USD 2.97 billion in 2019 and is poised to grow from USD 3.16 billion in 2023 to USD 5.52 billion by 2031, growing at a CAGR of 6.4% in the forecast period (2024-2031).

To increase their market share, businesses use a variety of techniques, including partnerships, agreements, regional growth, mergers, acquisitions, and new product creation. In our scented candles market reports, some of the leading quality scented candles manufacturers are as follows: MVP Group International, Inc. (US), Newell Brands (US), Estee Lauder Companies (US), NEST New York (US), Thymes, LLC (US), L Brands (US), Portmeiron Group Plc (UK), The Yankee Candle Co. Inc. (US), The White Barn Candle Co. (US), The Village Candle (US), Bridgewater Candles (US). 'Yankee Candle Company, Inc.', 'Jo Malone London', 'Bath & Body Works, LLC', 'Diptyque Paris', 'The White Company', 'Nest Fragrances, LLC', 'Archipelago Botanicals', 'VOLUSPA', 'Illume Candle', 'Cire Trudon', 'Capri Blue', 'DW Home Candles', 'Northern Lights Candles', 'Chesapeake Bay Candle', 'Village Candle, Inc.', 'Woodwick Candles', 'Paddywax', 'Homesick Candles', 'Thymes, LLC', 'Aromatique, Inc.'

The rise in living standards around the world has been a major factor in the scented candles market.

Some candles have additional capabilities, such as a remote control that enables the user to control them from any location, while others have introduced a wide range of flameless candle variations, including tea lights, pillars, votives, and tapers, providing buyers a selection.

In 2021, North America held a commanding 35 % sales share in the global scented candles market. Although the market for HDHT products, such as scented candles, was affected in the early stages of the epidemic, it increased as customers started to prioritise their own health and wellness and delight in little extras.

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