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