Latin America Candle Making Kit Market Size & Outlook
The candle making kit market in Latin America is expected to reach a projected revenue of US$ 41.4 million by 2030. A compound annual growth rate of 3.1% is expected of Latin America candle making kit market from 2024 to 2030.
Revenue, 2023 (US$M)
$33.5
Forecast, 2030 (US$M)
$41.4
CAGR, 2024 - 2030
3.1%
Report Coverage
Latin America
Latin America candle making kit market, 2018-2030 (US$M)
Related Markets
Latin America candle making kit market highlights
- The Latin America candle making kit market generated a revenue of USD 33.5 million in 2023.
- The market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, scented was the largest revenue generating candle type in 2023.
- Scented is the most lucrative candle type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 33.5 million |
| Market revenue in 2030 | USD 41.4 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Scented |
| Fastest growing segment | Scented |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Scented, Regular, Decorative |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global candle making kit market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 237.9 million by 2030.
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Candle Making Kit Market Scope
Candle making kit market segmentation & scope
Candle Making Kit Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America candle making kit market size, by country, 2018-2030 (US$M)
Latin America Candle Making Kit Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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