![Global Candles Market](https://res.cloudinary.com/devmoveo/image/upload/v1706022664/skyquest/report/phppdn5Yd.jpg)
Report ID: SQMIG30K2039
Report ID:
SQMIG30K2039 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
103 |
Figures:
86
Europe accounted for the largest market share in the global candles market during the forecast period, accounting for 23% of imports, followed by the United Kingdom (16%) and the Netherlands (11%). Together, they accounted for more than half of the total European candle imports. Smaller markets with a share of less than 10%, but still in the top six leading importing countries, are France (7%), Belgium (6%) and Austria (5%).
In 2021, North America accounted for second largest shareholder in the Global Candles Market. It is projected to maintain its advantage due to the festive seasons such as Christmas and Easter. The product is popular for gifting, family gatherings, festivals, beauty and spa treatments, and luxury dining. Furthermore, the market is projected to be driven by frequent product introductions.
Asia-Pacific is the fastest expanding market over the forecast period. The growth is due to the increasing standards of living and the need for aesthetic candles among middle-income families in countries like Bangladesh, India, and China. The emerging number of restaurants and fine dining places is also driving the market.
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Report ID: SQMIG30K2039