Germany Candle Market Size & Outlook, 2022-2030
Germany candle market, 2017-2030 (US$M)
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Germany candle market highlights
- The Germany candle market generated a revenue of USD 820.2 million in 2022 and is expected to reach USD 1,213.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 5% from 2023 to 2030.
- In terms of segment, container candles was the largest revenue generating product in 2022.
- Tapers is the most lucrative product segment registering the fastest growth during the forecast period.
Candle market data book summary
| Market revenue in 2022 | USD 820.2 million |
| Market revenue in 2030 | USD 1,213.0 million |
| Growth rate | 5% (CAGR from 2022 to 2030) |
| Largest segment | Container candles |
| Fastest growing segment | Tapers |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Votive, Container Candles, Pillars, Tapers |
| Key market players worldwide | Bath & Body Works Inc, The Estee Lauder Companies Inc Class A, Better Homes & Gardens Real Estate Elliott Coastal Living, Bridgewater Candle Company, Colonial Candle, Circle E Candles, Diptyque, Jo Malone London, MALIN+GOETZ, NEST New York, Yankee Candle Company, Contract Candles & Diffusers, Ellis Brooklyn, Trudon |
Other key industry trends
- In terms of revenue, Germany accounted for 6.4% of the global candle market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK candle market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,246.4 million by 2030.
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Candle Market Scope
Candle Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany candle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to candle market will help companies and investors design strategic landscapes.
Container candles was the largest segment with a revenue share of 24.81% in 2022. Horizon Databook has segmented the Germany candle market based on votive, container candles, pillars, tapers covering the revenue growth of each sub-segment from 2017 to 2030.
Substantial infrastructure and economic developments have resulted in regional revenue generation. The demand for artisanal candles is on the surge. Consumer demand for hand-poured and designer candles to increase the aesthetic appeal of their surroundings will drive the market in the country.
As of December 2020, Germany had the largest economy in Europe and was home to 19% of Europe’s population. The German economy is primarily seen as a stabilizing influence inside the European Union, having historically outperformed other member nations in terms of growth. This economic stability is likely to benefit consumer spending on HDHT products, including scented candles.
Container and pillar candles are among the most popular decorative candles used by households across Germany, particularly during the holiday season. Due to the cold climate, candles are primarily in demand due to the heat produced. Consumers display a preference for candles in containers, pillars, and those with exclusive fragrances.
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Target buyers of Germany candle market databook
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Our clientele includes a mix of candle market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany candle market , including forecasts for subscribers. This country databook contains high-level insights into Germany candle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany candle market size, by product, 2017-2030 (US$M)
Germany Candle Market Outlook Share, 2022 & 2030 (US$M)
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