The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Changes in lifestyle are projected to promote innovation in scented candle manufacturing, propelling the market during the forecast period.

The global scented candle market is expected to grow from $3.69 billion in 2022 to $3.90 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The global scented candle market size is expected to grow to $4.81 billion in 2027 at a CAGR of 5.4%.

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Global Scented Candle Market Segments Include:

• By Product Type: Jar, Pillar, Tea light, Tumbler, Vase, Other Product Types
• By Raw Material: Wax, Liquid Dyes, Soy, Glass, Other Raw Materials
• By Fragrance: Fruit, Flower, Spice, Blends, Other Fragrances
• By Sales Channel: Online Retails, Offline Retails
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global scented candle market in 2021.

Major Market Players in the scented candle market include California Exotic Novelties, Colonial Candles, CoScentrix, Diptyque, Himalayan Trading Post, Lee Naturals, Lelo, Magnolia Scents by Design, Mels Candles, Net-A-Porter.

To acquire a competitive advantage in the industry, major market players are focused on product developments. For example, in February 2020, McDonald’s, a US-based fast food giant, released a new scented candle pack that, when lit together, is claimed to smell like a Quarter Pounder. The six-piece candle collection features aromas inspired by Quarter Pounder ingredients such as ketchup, pickle, cheese, onion, bread, and 100% fresh beef.

The Scented Candle Global Market Report 2023  provides a scented candle market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The scented candle market forecast analyzes scented candle market size, scented candle market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A scented candle is one that burns with a pleasant aroma because fragrant oils have been added to the wax. It’s a great addition in a bathroom, especially when you have visitors; in a bedroom; or in any room of the house. It can produce an atmosphere of health and well-being, which are employed therapeutically in aromatherapy.

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