Europe Scented Candles Market Size & Outlook, 2022-2030
Europe scented candles market, 2018-2030 (US$M)
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Europe scented candles market highlights
- The Europe scented candles market generated a revenue of USD 151.5 million in 2022.
- The market is expected to grow at a CAGR of 4.4% 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, France is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 151.5 million |
| Market revenue in 2030 | USD 213.5 million |
| Growth rate | 4.4% (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, Europe region accounted for 27.2% 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 |
|---|
Europe 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 56.5% in 2022. Horizon Databook has segmented the Europe scented candles market based on container based, pillar covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is expected to register a CAGR of 3.6% over the forecast period. The European candle market has witnessed increased growth in recent years and as of December 2020, it accounted for around two thirds of the global candle market, according to the Centre for the Promotion of Imports from developing countries (CBI).
Developing countries accounted for around a fifth of total imports and this figure has been rising continuously. The recent coronavirus outbreak and global responses to the same have had a significant impact on international trade and the European market for various products and services, including home decoration and home textiles (HDHT).
Although the demand for HDHT goods, including scented candles, was hit during the initial phase of the pandemic, the demand for the same picked up as consumers began to focus on their personal health and wellbeing and spending on small indulgences.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe scented candles market , including forecasts for subscribers. This continent databook contains high-level insights into Europe scented candles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe scented candles market size, by country, 2018-2030 (US$M)
Europe Scented Candles Market Outlook Share, 2022 & 2030 (US$M)
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