Asia Pacific Scented Candles Market Size & Outlook
Asia Pacific scented candles market, 2018-2030 (US$M)
Related Markets
Asia Pacific scented candles market highlights
- The Asia Pacific scented candles market generated a revenue of USD 111.7 million in 2022.
- The market is expected to grow at a CAGR of 4.9% from 2023 to 2030.
- In terms of segment, container based was the largest revenue generating product in 2022.
- Container Based is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 111.7 million |
| Market revenue in 2030 | USD 164.2 million |
| Growth rate | 4.9% (CAGR from 2022 to 2030) |
| Largest segment | Container based |
| Fastest growing segment | Container Based |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container Based, Pillar |
| Key market players worldwide | Newell Brands Inc, Portmeirion Group PLC, The Estee Lauder Companies Inc Class A, Bath & Body Works Inc, NEST New York, Lalique Group, Village Candle, MVP Group International, Diptyque, Thymes |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.1% of the global scented candles 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 164.2 million by 2030.
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Scented Candles Market Scope
Scented Candles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific scented candles 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 scented candles market will help companies and investors design strategic landscapes.
Container based was the largest segment with a revenue share of 56.58% in 2022. Horizon Databook has segmented the Asia Pacific scented candles market based on container based, pillar covering the revenue growth of each sub-segment from 2018 to 2030.
The rising number of hotels, restaurants, and spas will also drive the growth of the scented candles market. According to the TOP HOTEL PROJECTS Construction database, Asia Pacific is expected to add 548 hotels and 133,647 rooms in 2021. The Mui Dinh Eco-Resort in Vietnam is the largest project set to open in Asia Pacific in early 2022.
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Target buyers of Asia Pacific scented candles market databook
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Our clientele includes a mix of scented candles market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific scented candles market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific scented candles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific scented candles market size, by country, 2018-2030 (US$M)
Asia Pacific Scented Candles Market Outlook Share, 2022 & 2030 (US$M)
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