The global scented candles market size is expected to gain momentum backed by the growing demand for eco-friendly scented incense products worldwide. This information is published by Fortune Business Insights in its upcoming report, titled “Scented Candles Market, 2024-2032.” The report further mentions that the market is experiencing massive growth owing to the rising hospitality sector and the manufacturers developing innovative products to cater to the growing consumer demand. For instance, in June 2021, Moose Tracks Ice Cream announced its collaboration with Wax Poetic Candle Bar, a Michigan-based candle manufacturing company, to develop a unique candle with scent perfect for ice cream lovers. The candle with hints of peanut butter cups enthralls the consumer with a scent of vanilla.
The global pandemic, COVID-19, has resulted in several economies facing unprecedented loss. Owing to the lockdown announced by the government agencies globally, several manufacturing facilities have been at a standstill with limited operational activities. However, a collective effort from the government and the industries to bring the economy back is expected to boost the market growth during the forecast period.
Information Source: https://www.fortunebusinessinsights.com/scented-candles-market-104388
Top Company in the Scented Candles Market:
Market Segmentation:
Based on category, the market is bifurcated into mass and premium.
On the basis of material, the market is divided into blended wax, paraffin wax, soy wax, and others. Moreover, based on distribution channel, the market is classified into hypermarkets & supermarkets, convenience stores, online stores, and others. Finally, based on region, the market is segregated into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
What does the Report Include?