Market revenue in 2022 | USD 19.0 million |
Market revenue in 2030 | USD 28.8 million |
Growth rate | 5.3% (CAGR from 2022 to 2030) |
Largest segment | Container based |
Fastest growing segment | Container Based |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 |
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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 56.32% in 2022. Horizon Databook has segmented the India scented candles market based on container based, pillar covering the revenue growth of each sub-segment from 2018 to 2030.
Rising disposable income is one of the factors that is enabling people to spend more on decorative and non-essential products like scented candles. Rama kant Sharma of Liv space, a home interior design platform, stated that people have increased their spending on homes for two main reasons.
Moreover, homeowners are now emphasizing the importance of making the space both beautiful and functional. Second, money that would have been spent on vacations, trips, and eating out is instead being diverted to domestic expenditures. This ongoing trend bodes well for the scented candles market in India.
Horizon Databook provides a detailed overview of country-level data and insights on the India scented candles market , including forecasts for subscribers. This country databook contains high-level insights into India scented candles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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