Candles Market Research Report 2022
Publishing Date: 26 May 2022 Download Sample Report Download Sample Report (+91)-916-916-4321(Asia) | (+1)-646-781-7170 (Int'l) | help@statsmarketresearch.com
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The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America). A candle is an ignitable wick embedded in wax, or another flammable solid substance such as tallow, that provides light, and in some cases, a fragrance. A candle can also provide heat, or be used as a method of keeping time.Consumers are increasingly purchasing candles for their home decor, and for aromatherapylike stress reduction and relaxation. The ease of purchase as well as the availability of various type of candles on multiple distribution channels is prompting more and more people to purchase these products. Proliferation in the number of distribution channels has benefited the sales through department, mass merchandise retailers and home decor stores. Supermarkets and hypermarkets are benefiting due to their discounted prices and various offers particularly attracting more and more buyers. The popularity of e-commerce has significantly increased candles sales.
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Market Value The global Candles market was valued at 763.22 Million USD in 2021 and will grow with a CAGR of 4.84% from 2021 to 2027. Expected to reach $xx million USD by the end of
2021
Forecast year
Base year
CAGR 4.84%(2021 - 2027)
2027
KEY STAKEHOLDERS 1
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Market Players & Competitor Analysis Global and Regional Market Analysis
Market Trends
Opportunities and Drivers
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By Types: • • • • • • • • •
Pillar Candles Floating Candles Votive Candles Tapers Filled Candles Tealight Candles Gel Candles Specialty Candles Liquid Candles
By Applications: • • • • •
Specialty or Gift Shops Department or Home Decor Stores Mass Merchandise Retailers Direct Sales Internet
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Candles Market Research Report 2022
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