The Global Candle Market features coverage of notable industry players, including:: Get A Sample Copy of Global Candle Market Report This report also presents a comprehensive analysis of current and future opportunities, allowing for informed investment decisions during the forecast period of 2021-2027 in the Candle market. The Candle market report emphasizes the fundamental aspects of the market, including opportunities, regional markets, emerging growth factors, challenges, and competition along with the market share of industry players. The global Candle market was valued at USD 6498.5 in 2020 and will reach USD 8960.4 million by the end of 2027, growing at a CAGR of 5.5% during 2022-2027. Market Analysis and Insights: Global Candle Market They took up about 34.60% of the global market in 2019. Yankee Candle (Newell Brands) and Luminex Home Décor and Fragrance Holding Corporation are the Top 2 players of the global Candles market. Craft Field consumed a larger part, with 55.93% of the sales volume share in 2019.Įurope has the largest production capacity of Candles, accounting for 34.20% of the global output in 2019, while North America and Europe were about 26.06% and 18.23%. Petroleum and Mineral Candles accounted for the largest part of the revenue market, with 73.29% in 2019.Ĭandles have wide range of applications, such as Traditional Field and Craft Field. It can also be used to provide heat, or as a method of keeping time.Ĭandles are mainly classified into the following types: Petroleum and Mineral, Vegetable, Animal and Synthetic. The impact of the Covid-19 pandemic on the global industry growth is also given significant attention and analysis within the report.Ĭandle Market Analysis: A candle is wax with an ignitable wick embedded that provides light, and in some cases, a fragrance. In addition to offering a detailed qualitative analysis of pricing structure, profit margins, and production and value chain analysis, the report also includes future predictions. By examining past growth patterns, the Candle market report assesses the market size at both regional and country levels, as well as recent advancements and technological innovations within the industry. Global “ Candle Market” report aims to provide valuable insights into the current and future state of the market, including the latest industry trends that are rapidly developing around the world. Pre and Post Covid Report Is Covered | Final Report Will Add the Analysis of the Impact of Russia-Ukraine War and COVID-19 on This Industry.Ĭandle Market Forecast Research 2023-2027: Industry Segments by Type ( Petroleum and Mineral, Vegetable, Animal, Synthetic), by Applications ( Traditional Field, Craft Field) and Regions. It also provides informative data analysis, and is essential for identifying opportunities, mitigating risks, and staying competitive in a constantly changing business landscape of Top Manufacturers. Candle Market report estimated to grow highest CAGR and growth revnue by 2027.
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