Global Scented Candles Strategic Business Report 2023: Featuring Himalayan Trading Post, Lee Naturals, LELO, Magnolia Scents by Design, Mels Candles and Net-a-Porter Among Others

Dublin, Feb. 17, 2023 (GLOBE NEWSWIRE) -- The "Scented Candles: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Scented Candles estimated at US$534.7 Million in the year 2022, is projected to reach a revised size of US$677.8 Million by 2030, growing at a CAGR of 3% over the analysis period 2022-2030.

Container-Based, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$387.9 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Pillars segment is readjusted to a revised 2.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $145.7 Million, While China is Forecast to Grow at 5.1% CAGR

The Scented Candles market in the U.S. is estimated at US$145.7 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$133.6 Million by the year 2030 trailing a CAGR of 5.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$87.4 Million by the year 2030.

Select Competitors (Total 19 Featured) -

• Bath and Body Works
• California Exotic Novelties
• CoScentrix
• diptyque
• Gellite Gel Candles
• Himalayan Trading Post
• Lee Naturals
• LELO
• Magnolia Scents by Design
• Mels Candles
• Net-a-Porter
• Northern Lights Candles
• Paddywax
• PandG
• Reckitt Benckiser
• Southern Made Candles
• Soy Works Candle Company
• Stand Around Creations
• Tatine
• The Gel Candle Company
• The Yankee Candle Company

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Report Metrics:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Scented Candles - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/hydlvl-candles?w=12

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