Global Candles market cagr 8.4%

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Candles Market

Candles Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Candles Market Size and Growth

The candles market is experiencing robust growth, with a global valuation estimated at approximately $5 billion in 2023. Factors driving this trend include increased consumer interest in home ambiance and wellness. Market conditions reflect a surge in demand for scented and decorative candles, alongside a rise in artisanal production. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ 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

The candles market includes key players like Yankee Candle, Korona Candles, and Bolsius International, focusing on innovation and sustainability. Companies enhance market growth through diverse product offerings and branding strategies. Notable sales figures include Yankee Candle with around $1.5 billion and Bolsius International approximately $300 million annually.

Market Segmentation

By Application

◍ Specialty or Gift Shops

◍ Department or Home Decor Stores

◍ Mass Merchandise Retailers

◍ Direct Sales

◍ Internet

By Product

◍ Pillar Candles

◍ Floating Candles

◍ Votive Candles

◍ Tapers

◍ Filled Candles

◍ Tealight Candles

◍ Gel Candles

◍ Specialty Candles

◍ Liquid Candles

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Market Growth

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$ X Billion USD

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