888-776-0942 from 8 AM - 10 PM ET
NEW YORK , June 14, 2022 /PRNewswire/ -- The candle market will be driven by factors such as the increasing adoption of candles for special occasions. Candles are used on occasions such as festivities, religious events, social gatherings, and festivals. They are also being used in commercial settings. Moreover, the popularity of candle massage is growing for relieving back pain, osteoarthritis, headaches, and anxiety.
The candle market size is expected to grow by USD 3.40 mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 8.18% during the forecast period, according to Technavio.
Request a Sample Report for further insights into market dynamics
The candle market report covers the following areas:
Candle Market 2021-2025 : Market Trend
The rising use of wooden wicks is one of the trends in the market. Wooden wicks are small strips or tubes of wood made for candlewick applications. They can be manufactured from a variety of woods and are available in various widths. They are eco-friendly, sustainable, and free of toxins and phthalates. Wood wick candles are considered more appealing than cotton wicks. They burn slower, transfer heat more quickly into the wax, and spread more aroma throughout a room.
Candle Market 2021-2025 : Vendor Analysis
The candle market is fragmented, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. Bolsius International BV, Diptyque SAS, Empire Candle Co. LLC, Nest New York, Reckitt Benckiser Group Plc, Stonewall Kitchen LLC, The Estee Lauder Co. Inc., The White Company, The Yankee Candle Co. Inc., and Thymes LLC are some of the major market participants.
Subscribe to our "Basic Plan" billed annually at USD 5000 . Get lifetime access to our Technavio Insights
Learn more about the contribution of each segment of the market. Download a Sample Report
Candle Market 2021-2025 : Key Highlights
Decorative Candles Retail Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026
Scented Candles Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025
Accelerate at a CAGR of 8.18%
North America, Europe, APAC, South America, and MEA
US, China, Germany, UK, and Canada
Leading companies, competitive strategies, consumer engagement scope
Bolsius International BV, Diptyque SAS, Empire Candle Co. LLC, Nest New York, Reckitt Benckiser Group Plc, Stonewall Kitchen LLC, The Estee Lauder Co. Inc., The White Company, The Yankee Candle Co. Inc., and Thymes LLC
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET