What is the global market size of Scented Candles Market?

Global Scented Candles Market size was valued at USD 2.97 billion in 2021 and is poised to grow from USD 3.16 billion in 2022 to USD 5.52 billion by 2030, growing at a CAGR of 6.4% in the forecast period (2023-2030).

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

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

Scented Candles Market Regional Insights

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.

In the retail industry, subscription-based business models are becoming more significant. It is one of the most popular business models where businesses offer things through subscriptions, making it simpler for customers to receive the product without the inconvenience of buying it occasionally. Players in the scented candle market are currently gradually moving toward subscription-based models and giving auto-shipping alternatives where the scented candles are supplied on a weekly, monthly, or annual basis. Over the ensuing years, this is anticipated to increase sales in the United States.

Due to the rising use of smartphones and the growing internet penetration in India and the rest of Asia Pacific, it is predicted that sales of consumer goods through e-Commerce will experience considerable growth over the projection period.

Scented Candles Market Report Snapshots

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

Scented Candles Market Regional Insights

Scented Candles Market Report Snapshots

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