The global Candle Market size is projected to reach USD 6.06 billion by 2025, according to a new report published by Million Insights, with a CAGR of 8.4% over the forecast duration. The increasing inclusion of candles as home décor items is predicted to drive the market. Moreover, a significant increase in demand for candles for commercial and residential purposes along with its inclusion for religious needs is expected to provide a boost to the market. Hotels, beauty parlors, spa, and restaurants uses this candles for a soothing effect.
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Market Synopsis of Candle Market:
Scented candles are highly popular among the millennials in countries like Germany, France, and the U.S thus resulting in high revenue share. These are beneficial for health including nervous system stimulation, improved digestion, better concentration, and migraine relief. For example, basil creates a positive mental state while eucalyptus helps in the treatment of diseases like asthma, bronchitis, sinusitis, pneumonia, rheumatism, arthritis, and cough.
Yankee Candle Company introduced a Sunday Brunch Candle collection, in April 2019. These are present in jars with a brand name of Rainbow Shake and Easter Basket. The products pertain to seven unique fragrances such as Vanilla, Grilled Peaches, Honey Lavender Gelato, Belgian Waffles, Strawberry Bellini, Sweet Morning Rose, and Blush Bouquet. Louis Vuitton, the French luxury retailer, and fashion house, in 2018, introduced a range of scented candles which included L’Air du Jardin, Feuilles d’Or, Dehors Il Neige, and Île Blanche.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Candle: Market Variables, Trends & Scope
Chapter 4 Candle: Product Estimates & Trend Analysis
Chapter 5 Candle: Application Estimates & Trend Analysis
Chapter 6 Candle: End-use Estimates & Trend Analysis
Chapter 7 Candle: Industrial End-use Estimates & Trend Analysis
Chapter 8 Candle: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Candle: Manufacturers Company Profiles
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