Middle East & Africa Luxury Candle Market Size & Outlook
Middle East & Africa luxury candle market, 2018-2030 (US$M)
Related Markets
MEA luxury candle market highlights
- The MEA luxury candle market generated a revenue of USD 12.4 million in 2023.
- The market is expected to grow at a CAGR of 5.4% from 2024 to 2030.
- In terms of segment, container was the largest revenue generating product in 2023.
- Pillar 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 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 12.4 million |
| Market revenue in 2030 | USD 17.9 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Container |
| Fastest growing segment | Pillar |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container, Pillar, Votive, Tapers |
| Key market players worldwide | Diptyque, Jo Malone London, Trudon, Ellis Brooklyn, Lvmh Moet Hennessy Louis Vuitton SE, Byredo, Sisley Paris, Eight & Bob, Le Labo, Acqua di Parma S.r.l., Parfums de Marly, Kering SA, Tom Ford International, Maison Francis Kurkdjian, By Killian, Hermes International SA |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.3% of the global luxury candle market in 2023.
- 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 338.7 million by 2030.
Key Regions: U.S. , UK , Brazil , South Africa , Germany
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Luxury Candle Market Scope
Luxury Candle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa luxury 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 luxury candle market will help companies and investors design strategic landscapes.
Container was the largest segment with a revenue share of 56.45% in 2023. Horizon Databook has segmented the Middle East & Africa luxury candle market based on container, pillar, votive, tapers covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Luxury Candle Product Outlook (Revenue, USD Million, 2018-2030)
- Container
- Pillar
- Votive
- Tapers
- Others
- Middle East & Africa Luxury Candle Wax Type Outlook (Revenue, USD Million, 2018-2030)
- Paraffin
- Soywax
- Beeswax
- Palm Wax
- Others
- Middle East & Africa Luxury Candle Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Stand-Alone Boutiques
- Departmental Stores
- Specialty Stores
- Online
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Target buyers of Middle East & Africa luxury candle market databook
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Our clientele includes a mix of luxury candle market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa luxury candle market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa luxury candle market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA luxury candle market size, by country, 2018-2030 (US$M)
Middle East & Africa Luxury Candle Market Outlook Share, 2023 & 2030 (US$M)
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