Scented Candles Market Size Worth $645.7 Million by 2026 - KBV Research

NEW YORK - Feb. 18, 2021 - PRLog -- According to a new report Global Scented Candles Market, published by KBV research, The Global Scented Candles Market size is expected to reach $645.7 Million by 2026, rising at a market growth of 11.8% CAGR during the forecast period.

The Container based market dominated the Global Scented Candles Market by Product in 2019, growing at a CAGR of 11.5 % during the forecast period. The Pillars market is estimated to grow at a CAGR of 11.3% during (2020 - 2026).

The online distribution channel segment is anticipated to show significant growth over the forecast period. Due to increased penetration of internet, the e-commerce platform is influencing the sales of scented candles in the market.

The North America market dominated the Global Scented Candles Market by Region in 2019. The market growth for the scented candles in North America is expected to be driven by various factors.

Among North America, the US is expected to maintain its dominance over the forecast period and likely to show a moderate growth rate in the coming years. The Europe market would showcase a CAGR of 11.4% during (2020 - 2026). Additionally, The Asia Pacific market is expected to witness a CAGR of 13.1% during (2020 - 2026).

Global Scented Candles Market Segmentation

By Distribution Channel

• Convenience Stores
• Hypermarkets & Supermarkets
• Online

By Product

• Container based
• Pillars
• Other Products

By Geography

North America

• US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

LAMEA

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Estee Lauder Companies, Inc.
• Lalique Group SA
• Portmeirion Group Limited
• L Brands, Inc.
• Newell Brands, Inc.
• Hyfusin Group Holdings Limited (AVW International Limited)
• Diptyque (Manzanita Capital Ltd.)
• MVP Group International, Inc.
• Village Candle, Inc. (Stonewall Kitchen)
• NEST Fragrances (Eurazeo)

Full Report: https://www.kbvresearch.com/scented-candles-market/