The
global Scented Candles Market size is expected to reach
USD 545.2 million by 2025, expanding at a CAGR of 8.4%, according to a new
report by Grand View Research, Inc. Shifting traction towards various
therapeutic procedures including aromatherapy, massage, and spa in order to
relax human’s body is expected to expand the market and scope for scented
candles. Additionally, organically prepared scented candles play a unique role
in aroma therapy as they act as diffuser for fragrances, which can be inhaled
easily by consumers.
The
utilization of these candles in aromatherapy results in providing various
benefits such as improving sleep, soothing sore joints, treatment of headaches
and migraines, fighting bacterial infection, improving digestion, and boosting
immunity. According to a research published in November 2016, in Pain Research
and Treatment on “The Effectiveness of Aromatherapy in Reducing Pain”, it was
found that the therapeutic procedure had a significant beneficial effect in
combating pain. Such research studies are expected to play a key role in
promoting the application of various therapeutic procedures and thus, in turn,
will expand the market for scented candles over the next few years.
Product
innovation is expected to remain a critical success factor over the next few
years. In September 2019, iheartpopcandles launched the "McDreamy"
candle inspired by fictional neurosurgeon on Grey’s Anatomy, Dr. Derek
Shepherd. The candle is being sold on Etsy for USD 20 and is expected to have a
fragrance resembling a mix of sea and salt. In the same month, another
manufacturer, Poundland launched three new cocktail inspired scented candles,
such as Rhubarb and Ginger, Bellini Surprise, and Prosecco Fizz.
In
September 2019, Yankee Candle Company launched a candle range designed for any
new parents of a newborn. The range is available in varieties of colors and
emblazoned with different colored balloons expressing the gender of the baby.
The larger jar is available for GBP 27.9 and the smaller jar is available for
GBP 17.9. Available fragrances include clean cotton, soft blanket, cherry
blossom, fluffy towels, and warm cashmere.
Request a free sample copy or view report
summary: Scented Candles Market Report
Scented
Candles Market Report Highlights
- The container based
segment accounted for more than 55% of the global market revenue in 2018.
The dominance is attributed to easy access to these products through
offline channels along with excellent convenience offered to the buyers.
The pillar segment is expected to witness a CAGR of 8.1% from 2019 to 2025
- The online segment is
expected to witness fastest growth at a CAGR of 9.2% from 2019 to 2025.
Most major manufacturers are spending on development of their in-house
online distribution channels, in order to serve their buyers. Convenience
stores accounted for more than 55% of the global scented candles market
revenue in 2018
- North America accounted
for more than 35% of the global market revenue in 2018. Increased number
of spa and massage center in U.S. and Mexico is expected to keep the
dominance of the region over the next few years
About Us:
Grand View Research,
Inc. is a U.S. based market research and consulting company, registered in the
State of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, the company offers
market intelligence studies ensuring relevant and fact-based research across a
range of industries including technology, chemicals, materials, healthcare and
energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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