DUBLIN – (COMMERCIAL THREAD)–The “Scented Candle Market Size, Share and Trend Analysis Report by Product (Based on Containers, Pillars), Distribution Channel (Hypermarket & Supermarket, Convenience Stores), Region and Segment Forecast,” 2021-2028 “ the report was added to ResearchAndMarkets.com offer.
The global scented candle market size is projected to reach USD 690.8 million by 2028, with a CAGR of 3.3% from 2021 to 2028.
These candles are available in various sizes, designs, colors and scents to meet consumer demands and preferences and home decor aesthetics.
Candle making is seen as the biggest lockdown trend and has gained traction thanks to social media platforms like TikTok, leading to a 3,500% increase in searches for soy candle making kits. On top of that, Kathy LaVanier, spokesperson for the National Candle Association (NCA), and CEO of Renegade Candle Company, said overall candle sales in the United States have increased by 30% since the pandemic.
Each aroma has its own therapeutic value, there is a growing need for personalized scented candles for use in therapies and to achieve relaxation in a specific state of health. For example, the Muse Gilded candle by Jonathan Adler is a mixture of soy wax and paraffin and helps to create a pleasantly scented interior atmosphere. Once the candle is finished, the porcelain bowl gilded with fine gold can be used as a vase. Pink grapefruit, raspberry, French blackcurrant, violet leaves, rose petals, and fig leaf are popular scents.
The market is expected to experience continued growth as social media influencers around the world are touting them as forms of personal care, new hobbies, or even businesses, which is supported by monthly search volume data. provided by the Dubrovnik Times in 2021. OnBuy’s Health and Beauty Department found that 81,560 searches are done each month by people looking to try out these latest candle trends.
More and more consumers are ordering online and are keenly aware of the need to stay fit, both physically and mentally, customers are spending more time at home looking for entertainment and a comfortable environment, consumers are spending more and more. more to renovate and redecorate their home.
These current trends are seen as continuations of previously established consumer trends; some can be accelerated. The cash on hand that people may or may not have after the pandemic, due to the economic downturn and job losses, will be a major factor influencing consumers’ purchasing decisions.
Highlights of the Scented Candles Market Report
The container segment accounted for the largest revenue share of 56.9% in 2020 and is expected to grow at a CAGR of 3.6% from 2021 to 2028.
The hypermarkets and supermarkets segment accounted for the largest revenue share of 26.1% in 2020 and is expected to experience a CAGR of 3.4% during the forecast period.
North America led the market and accounted for the largest revenue share of 33.1% in 2020
Main topics covered:
Chapter 1. Methodology and scope
Chapter 2. Executive summary
Chapter 3. Variables, Trends and Scope of Scented Candles Market
Chapter 4. Analysis of consumer behavior
Chapter 5. Scented Candles Market: Product Estimates and Trend Analysis
Chapter 6. Scented Candles Market: Distribution Channel Estimates and Trend Analysis
Chapter 7. Scented Candles Market: Regional Estimates and Trend Analysis
Chapter 8. Competitive analysis
Chapter 9. Company Profiles
Portmeirion PLC Group
MVP International Group, Inc.
EstÃ©e Lauder Companies Inc.
Lalique SA Group
NEST New York
For more information on this report, visit https://www.researchandmarkets.com/r/dhg1i9