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Candles Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_1529 | Date : Jan, 2023 | Pages : 182 | Region : Global

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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 aromatherapy-like 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. The ease of purchase as well as the availability of extensive information and reviews on products online is prompting more and more individuals to buy these products.
The Global Candles Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Candles Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Korona Candles S.A
Yankee Candle Company, Inc
Vila Hermanos Cerería Sa
Suomen Kerta Oy
Balthasar + Co. Ag
Cereria Pernici Srl
Delsbo Candles Ab
Gies Kerzen Gmbh
Gala-Kerzen Gmbh
Bolsius International Bv
Sc Johnson & Son, Inc

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Pillar Candles
Floating Candles
Votive Candles
Tapers
Filled Candles
Tealight Candles
Gel Candles
Specialty Candles
Liquid Candles
Other

In Market segmentation by applications :
Specialty or Gift Shops
Department or Home Decor Stores
Mass Merchandise Retailers
Direct Sales
Internet
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Candles Market for the forecast period 2023-2030?
• What are the driving forces in the Candles Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Candles industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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