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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Bolsius International BV, Diptyque SAS, Empire Candle Co. LLC, Nest New York, Reckitt Benckiser Group Plc, Stonewall Kitchen LLC, The Estee Lauder Co. Inc., The White Company, The Yankee Candle Co. Inc., and Thymes LLC are some of the major market participants.
The increasing adoption of candles for special occasions such as marriage ceremonies, birthdays, and other events will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Candle Market 2021-2025: Segmentation
- Product
- Container-Based
- Pillars
- Others
- Geography
- North America
- Europe
- APAC
- South America
- MEA
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Candle Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of vendors operating in the market.
The Candle Market Report Also Covers the Following Areas:
Market trends such as new product launches and diversified product portfolio of key vendors is likely to positively impact the market. However, factors such as easy availability of substitutes may threaten the growth of the market.
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Candle Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist candle market growth during the next five years
- Estimation of the candle market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the candle market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of candle market vendors
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Candle Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.18% |
Market growth 2021-2025 |
USD 3.40 billion |
Market structure |
Fragmented |
YoY growth (%) |
7.02 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 29% |
Key consumer countries |
US, China, Germany, UK, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Bolsius International BV, Diptyque SAS, Empire Candle Co. LLC, Nest New York, Reckitt Benckiser Group Plc, Stonewall Kitchen LLC, The Estee Lauder Co. Inc., The White Company, The Yankee Candle Co. Inc., and Thymes LLC |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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