Scented Candles Market 2018 Industry research report gives a systematic and competent approach to gather important statistics of Scented Candles industry. In which includes industry chain structure, Scented Candles market classification, dominant market players, product definition, and product scope. Scented Candles research report performs SWOT analysis to gain better insights on Strengths, Opportunities, and Threats muddled in Scented Candles industry.
Global scented candles market size is expected to grow at the CAGR of 5%. Growing demand for luxurious lifestyle, increase in disposable income and urbanization, yoga and meditation trend and increasing variety of scented candles are the growth drivers responsible for the growth of global scented candles market. Overall with huge demand for spa treatments and interior decorative items, scented candles market will continue to grow. Key players are investing in R&D for innovation in creating 100% natural scented candles, as there is growing awareness about negative side effects of chemical or artificial scented candles. The increasing working class, disposable income, and hectic work schedule lifestyle there is rise in the demand for natural stress buster aroma therapy and scented candles.
Global scented candles market is segmented size by raw material, product type, distribution channel, fragrance and region
The Major Key Players in Scented Candles Market are:
Reckitt Benckiser (Air Wick) (U.K.)
Yankee Candles (U.S.)
Colonial Candle (U.S.)
The Conscious Candle (Australia)
Welburn Candles Pvt. Ltd. (India)
The global Scented candles market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these North American regions has the major market share. The market is projected to grow at a steady pace in the review period. Asia-pacific will be the fastest growing region in the scented candles market and high growth in emerging economies such as China, India, Japan, Australia, and the Latin American countries, offers ample opportunities for expansion to major players. The rise in number working population and urbanization in growing economies of Asia-Pacific and Latin America, especially in China and India will be the crucial factor underlining the market growth.
The market is projected to grow at a steady pace in the forecast period, leaded by higher growth in emerging economies such as China, India, Japan, Australia, and the Latin American countries, and also offers lucrative opportunities for expansion to major players.
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Study Objectives of Scented Candles Market:
In depth analysis of the market’s segments and sub-segments
To estimate and forecast market size by raw material, product type, distribution channel, fragrance and region
To analyses key driving forces which are influencing the market
Region level market analysis and market estimation of North America, Europe, Asia-Pacific, and rest of the world (ROW) and their countries
Value chain analysis & supply chain analysis of the market
Company profiling of major players in the market
Competitive strategy analysis and mapping key stakeholders in the market
Analysis of historical market trends and technologies along with current government regulatory requirements
North America dominates the scented candles market followed by Europe
Asia-Pacific is the fastest growing region in the scented candles market. India and China have shown huge potentials for scented candles market share during the period 2011-2015