About Scented Candles
Scented candles are designed to eliminate unpleasant smells from around environmental factors. Usually, plant removes/basic oils or fragrant synthetic substances are utilized to mix aroma in scented candles. A scented candle, made with fragrant oils blended into the wax, emits a wonderful smell when consuming. A scented light is a pleasant touch in a restroom, particularly when visitors are finished, in a room, or any room of the house. A scented flame can make an atmosphere of fortification and prosperity. In contrast to incense, scented candles don't add smoke to the air.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In Scented Candles, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Scented Candles market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Colonial Candle (United States), Brandt Kaarsen (United States), The Yankee Candle Company (United States), BeCandle (Hong Kong), Conscious Candle Company (Australia), Bolsius International BV (Netherlands), Newell Brands (United States) and diptyqueparis (paris) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Zhong Nam Industrial (International) Co., Ltd. (Hong Kong) and Empire Candle Co., LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Scented Candles market by , Application (Commercial and Residential) and Region.
On the basis of geography, the market of Scented Candles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Synthetic Wax will boost the Scented Candles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End user, the sub-segment i.e. Residential will boost the Scented Candles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online Retail will boost the Scented Candles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fragrance, the sub-segment i.e. Fruit will boost the Scented Candles market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The emergence of eco-friendly candles
Market Growth Drivers:
Increasing adoption of different colored candles with fresh fragrance is a key driving factor of growth
Challenges:
High Competition between manufacturers
Restraints:
High Cost compare to ordinary candles
Opportunities:
The flawless shopping experience with the dominance of private label brands and growing internet penetration is encouraging consumers to buy scented candles online is boosting the opportunities of growth
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Scented Candles Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.