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Candles Market Report Just Published By Credence Research

The latest market report published by Credence Research, Inc. “Candles Market , By Type, distribution channel and Geography – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global candles market was valued at US$ 7,567.50 Mn in 2016, and is expected to each US$ 11,707.76 Mn by 2025, expanding at a CAGR of 5.5% from 2017 to 2025.

Browse here for full report: https://www.credenceresearch.com/report/candles-market

Candle manufacturing is a multibillion dollar industry worldwide. During the holiday season, more than, one-third of candle sales take place. Candles come in all sorts of shapes, sizes, colors and scents. It has been observed that end users tend to use candles once a week. Fragrance, color and price are widely considered among the most important factors when buying candles. Mass merchandise retailers and department or home decor stores are most common locations where people tend to buy candles.

On the basis of types, the global candles market is segmented into pillar candles, floating candles, votive candles, taper candles, filled candles, tealight candles, gel candles, specialty candles, liquid candles and others. In 2016, votive candles accounted for the largest share of the global candles market. It accounted for 22.2% revenue share in the global candles market, followed by pillar candles and tapers with 17.2% and 11.9% market share respectively. Votive candles are also known as prayer candles and are the most common candle type used across all settings. These candles are often viewed to be eco-friendly as they do not emit harmful gases like conventional synthetic products.

On the basis of distribution channel, the global candles market is segmented into specialty or gift shops, department or home decor stores, mass merchandise retailers (discount stores, drug store chains, etc.), direct sales, internet and others (small scale retailers). In 2016, mass merchandise retailers accounted for the largest share of the global candles market. It accounted for 40% revenue share in the global candles market, followed by department or home decor stores and specialty or gift shops.

In 2016, North America was observed as the largest market followed by Europe both these region are projected to maintain their market position over the coming six years. Candle sales is fueled by rise in consumer interest in aromatherapy and increased demand for home fragrance products.

Candles Market

The report titled “Global Candles Market – Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the global candles market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on type, distribution channel and cross-sectional study across different geographies. The report provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

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In-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the candles industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global candles market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above mentioned factors.

TOC:

Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Candles Market
2.2 Global Candles Market, by Type
2.2.1 Global Candles Market Revenue, by Type, 2016 (US$ Mn)
2.3 Global Candles Market, by Distribution Channel
2.3.1 Global Candles Market Revenue, by Distribution Channel, 2016 (US$ Mn)
2.4 Global Candles Market, by Region
2.4.1 Global Candles Market Revenue, by Region, 2016 (US$ Mn)

Chapter 3 Global Candles Market Dynamics
3.1 Overview
3.2 Market Trends
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 Increasing Consumption of Candles Per Head
3.3.1.2 Shift In Shopping Trends
3.3.2 Market Challenges
3.3.2.1 Growing Low-Priced Imports
3.3.2.2 Uncertain Base Material Supply
3.3.3 Market Opportunity
3.3.3.1 Change in Buyer’s Behavior from Functional to Emotional
3.4 Attractive Investment Proposition, by Type 2016

Chapter 4 Global Candles Market Analysis, by Type
4.1 Overview
4.1.1 Global Candles Market, by Type, 2015 – 2025 (US$ Mn)
4.2 Pillar Candles
4.3 Floating Candles
4.4 Votive Candles
4.5 Tapers
4.6 Filled Candles
4.7 Tealight Candles
4.8 Gel Candles
4.9 Specialty Candles
4.10 Liquid Candles
4.11 Others

Chapter 5 Global Candles Market Analysis, by Distribution Channels
5.1 Overview
5.1.1 Global Candles Market Revenue by Distribution Channels, 2015-2025 (US$ Mn)
5.2 Specialty or Gift Shops
5.2.1 Global Candles Market, by Specialty or Gift Shops Distribution Channel, 2015 – 2025 (US$ Mn)
5.3 Department or Home Decor Stores
5.3.1 Global Candles Market, by Department or Home Decor Stores Distribution Channel, 2015 – 2025 (US$ Mn)
5.4 Mass Merchandise Retailers
5.4.1 Global Candles Market, by Mass Merchandise Retailers Distribution Channel, 2015 – 2025 (US$ Mn)
5.5 Direct Sales
5.5.1 Global Candles Market, by Direct Sales Distribution Channel, 2015 – 2025 (US$ Mn)
5.6 Internet
5.6.1 Global Candles Market, by Internet Distribution Channel, 2015 – 2025 (US$ Mn)
5.7 Others (Unorganised Retail)
5.7.1 Global Candles Market, by Other Distribution Channels, 2015 – 2025 (US$ Mn)

Chapter 6 Global Candles Market, By Region 
6.1 Overview
6.2 North America
6.2.1 North America Candles Market, by Type, 2015 – 2025 (US$ Mn)
6.2.2 North America Candles Market, by Distribution Channel, 2015 – 2025 (US$ Mn)
6.2.3 North America Candles Market, by Country, 2015 – 2025 (US$ Mn)
6.3 Europe
6.3.1 Europe Candles Market, by Type, 2015 – 2025 (US$ Mn)
6.3.2 Europe Candles Market, by Distribution Channel, 2015 – 2025 (US$ Mn)
6.3.3 Europe Candles Market, by Country, 2015 – 2025 (US$ Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific Candles Market, by Type, 2015 – 2025 (US$ Mn)
6.4.2 Asia Pacific Candles Market, by Distribution Channel, 2015 – 2025 (US$ Mn)
6.4.3 Asia Pacific Candles Market, by Country, 2015 – 2025 (US$ Mn)
6.5 Latin America
6.5.1 Latin America Candles Market, by Type, 2015 – 2025 (US$ Mn)
6.5.2 Latin America Candles Market, by Distribution Channel, 2015 – 2025 (US$ Mn)
6.5.3 Latin America Candles Market, by Country, 2015 – 2025 (US$ Mn)
6.6 Middle East & Africa (MEA)
6.6.1 MEA Candles Market, by Type, 2015 – 2025 (US$ Mn)
6.6.2 MEA Candles Market, by Distribution Channel, 2015 – 2025 (US$ Mn)
6.6.3 MEA Candles Market, by Country, 2015 – 2025 (US$ Mn)

Chapter 7 Company Profiles 
7.1 KORONA Candles S.A.
7.1.1 Business Description
7.1.2 Financial Health and Budget Allocation
7.1.3 Product Portfolio
7.1.4 News Coverage
7.2 The Yankee Candle Company, Inc.
7.2.1 Business Description
7.2.2 Financial Health and Budget Allocation
7.2.3 Product Portfolio
7.2.4 News Coverage
7.3 VILA HERMANOS CERERÍA SA

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