Candle Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global market.
Candle Market size was valued at USD 7.15 Billion in 2020 and is projected to reach USD 13.38 Billion by 2028, growing at a CAGR of 8.2% to 2028.
Get Free Sample Report: https://www.delvens.com/get-free-sample/candle-market
A candle is an ignitable wick that is made up of wax that provides light. Candles were initially used as a source of light but nowadays, they are a symbol of celebration. It signifies aroma, soothes the senses, defines a ceremony and events, and many more. Candles are available in various shapes, sizes, designs, and colors which include votive, pillars, tea lights, cartridge candles, birthday candles, wax-filled container candles, and others
Increasing demand for candles for decoration of houses and offices and in celebrating festivals like Diwali and Christmas are some of the factors that have supported long-term expansion for Candle Market.
Recent Developments
March, 2021 – Supplies for Candles LTD, based in Yorkshire, has invested £2.5 million in the acquisition of Glassprint Ltd. Glassprint Ltd was founded in 2002 and specializes in printing on glass products such as candle glasses and perfume bottles.
February, 2021 – Yankee Candle®, the world’s largest home fragrance company, has announced the launch of its new Signature Collection. With reimagined tumbler candles and hand-illustrated labels depicting the fragrance notes within each scent, the new collection breathes new life into Yankee Candle’s design.
Key Players
· Yankee Candles
· Thymes
· White Barn Candles
· Jo Malone
· Village Candles
· NEST
· Slatkin & Co
· Malin + Goetz
· Colonial Candle
· Diptyque
For More Inquiry Contact us: https://www.delvens.com/Inquire-before-buying/candle-market
Regional Analysis
North America was the largest market, accounting for more than 30% of the global revenue share in 2018. The region is expected to continue leading in the near future attributed to increasing product demand during the festive seasons such as Easter and Christmas.
Candle Market is segmented into product, wax and region.
On the basis of Wax
· Soy wax
· Paraffin
· Palm wax
· beeswax
On the basis of Product
· container candle
· pillars
· votive
· tapers
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
Access Full Report: https://www.delvens.com/report/candle-market
In addition to the market data for Candle Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
More Related Reports:
About Us:
Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.
Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.
Contact us:
Unit No. 01, 3rd Floor, Plot No. 56, Block B
Sector 2 Noida, Near Noida Sector 15 Metro Station 201301, IN
+44 20 3290 6466
+0120- 4903958
