Middle East & Africa Candle Market Size & Outlook
Middle East & Africa candle market, 2017-2030 (US$M)
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MEA candle market highlights
- The MEA candle market generated a revenue of USD 918.9 million in 2022.
- The market is expected to grow at a CAGR of 3.1% from 2023 to 2030.
- In terms of segment, votive was the largest revenue generating product in 2022.
- Tapers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 918.9 million |
| Market revenue in 2030 | USD 1,173.4 million |
| Growth rate | 3.1% (CAGR from 2022 to 2030) |
| Largest segment | Votive |
| Fastest growing segment | Tapers |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 7.1% of the global candle market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,788.7 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Candle Market Scope
Candle Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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.
Votive was the largest segment with a revenue share of 28.44% in 2022. Horizon Databook has segmented the Middle East & Africa candle market based on votive, container candles, pillars, tapers covering the revenue growth of each sub-segment from 2017 to 2030.
The growing demand for luxury fragrance and home décor products is driving the demand for candle in the region. The growing popularity of aromatherapy in the region has also increased the usage of scented candles to relieve anxiety and stress.
A booming hospitality sector bodes well for the candles market and several high-end brands such as Wallace & Co., Elie Saab, and Fares Aoun are partnering with restaurants in the region to create an ambiance of comfort and stress-relief for their patrons.
The easy availability of candle brands such as Byredo, Diptyque Paris, and Jo Malone London has driven the uptake of votive, pillars, and container candles among consumers in the region. Several brands are improving their packaging styles and scents to gain a wider consumer base.
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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 continent-level data and insights on the Middle East & Africa candle market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa candle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA candle market size, by country, 2017-2030 (US$M)
Middle East & Africa Candle Market Outlook Share, 2022 & 2030 (US$M)
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