Global Scented Candles Market Forecast, Trend Analysis And Competition Tracking - Global Market insights 2015 to 2031

Scented Candles Market Introduction:

Global Scented Candles Market: Scented candles are a type of candles that are added with a natural or synthetic odor that provides a pleasant smell while burning. The raw materials of scented candles include fragrance oil, wax and candle wick. The fragrance from scented candles helps in providing a relaxing environment that keeps people fresh and active. The manufacturing process of scented candles involves adding fragrance oil to candle wax. Traditionally, candles are made from paraffin and are considered further innovations; these are made from materials like plant waxes, beeswax, or tallow (animal fat). In addition, another type of candle, such as Gel candles, is made by combining mineral oil and polymer.

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Scented candles are used for both decoration and aromatherapy purposes. They emit a natural fragrance that can be great during the year's colder months. From vanilla to lemon, there is a scent for everyone. These candles are used in homes, offices, and also restaurants. Aromatherapy can be done anywhere with these candles because they do not need to be lit to release the fragrance into the air around you.

Aromatherapy is a type of therapy used for centuries that provides well-being to the body, relieves stress, manages pain, and enhances concentration. Aroma candles come in different flavors; such as Aroma candles have now become an essential component of aromatherapeutic procedures and are manufactured with a high concentration of essential oils. These essential oils help to stimulate the senses. Aroma candles are most commonly used for aromatherapy that allows people to refresh their minds and increase work spirit. Most of the aroma lowers the systolic blood pressure and helps people feel good.

Factors that have a positive impact on the target market

Product novelty and packaging innovations are expected to boost the growth of the global scented candles market. Increasing medical use of candle wax, improvements in internet services and growing demand for comfortable, trouble-free, and faster daily purchase options further propels these industries' revenue growth. Increasing the use of aroma candles for different therapies such as massages boosts the demand for scented candles across the globe.  Besides, these benefits of aroma candles can be used as per different situations such as mildly scented candles while cooking, arousing scented while driving, and other use.

Recent Trends Observed In The Market

The global scented candle market is valued at about XX billion and is made up of both imports and domestically produced products. With this in mind, it is no surprise that plenty of trends is emerging in this industry. One such trend driving growth in the scented candle market is the growing popularity of eco-friendly options. In addition to being more socially conscious, these types of candles can provide significant environmental benefits as many produce less waste than their traditional counterparts.

Scented Candles Market Dynamics

Global scented candles market is segmented based on wax material, distribution channel, and region. The wax material segment is segregated into animal wax, vegetable wax, paraffin wax, and synthetic wax. The paraffin wax segment is projected to register a significant market share in terms of revenue and maintain its dominance during the forecast period. This attributed to the large-scale use of paraffin wax to make candles of different shapes and sizes, such as tapers, votives, pillars, and containers. The online segment is expected to boost the market revenue based on the sales channel. Emerging technology and the popularity of e-commerce are now becoming a significant approach to buying any product compared to store-based or offline stores. Besides, online shopping provides attractive discounts that help to grow the target market. Geographically, North America is estimated to account for the majority market share and will continue to dominate the target market in the next few years. Some of the factors that have a major share in increasing the sales of scented candles in the region include stress-related cases, pampering and indulgence, pain management, and injury recovery and rehabilitation.

Global Scented Candles Market Segmentation:

Based on the Product Type:

• Animal Wax
• Vegetable Wax
• Paraffin Wax
• Synthetic Wax

Based on the Distribution Channel:

• Specialty Stores
• Convenience Stores
• Online Stores
• Other Distribution Channels

Report Scope

• Forecast Period: 2022-2031
• Actual Year: 2021
• Historical Data Available for: 2015-2020

Key Regions Covered

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Key Players in the Market are:

• Candle-lite
• Reckitt Benckiser Group plc
• Zhong Nam Industrial
• The Procter & Gamble Company
• Empire Candle Co., LLC
• L Brands, Inc.
• BeCandle
• Newell Brands
• Johnson & Son, Inc
• Conscious Candle Company
• The Yankee Candle Company
• Bolsius International BV
• Welburn Candles Pvt Ltd
• Colonial Candle
• Brandt Kaarsen
• Other Key Players

• Candle-lite
• Reckitt Benckiser Group plc
• Zhong Nam Industrial
• The Procter & Gamble Company
• Empire Candle Co., LLC
• L Brands, Inc.
• BeCandle
• Newell Brands
• Johnson & Son, Inc
• Conscious Candle Company
• The Yankee Candle Company
• Bolsius International BV
• Welburn Candles Pvt Ltd
• Colonial Candle
• Brandt Kaarsen
• Other Key Players