UK Scented Candles Market Size & Outlook, 2022-2030
UK scented candles market, 2018-2030 (US$M)
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UK scented candles market highlights
- The UK scented candles market generated a revenue of USD 24.3 million in 2022 and is expected to reach USD 35.3 million by 2030.
- The UK market is expected to grow at a CAGR of 4.8% 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.
Scented candles market data book summary
| Market revenue in 2022 | USD 24.3 million |
| Market revenue in 2030 | USD 35.3 million |
| Growth rate | 4.8% (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 |
Other key industry trends
- In terms of revenue, UK accounted for 4.4% of the global scented candles market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany scented candles market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 46.0 million by 2030.
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Scented Candles Market Scope
Scented Candles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 56.38% in 2022. Horizon Databook has segmented the UK scented candles market based on container based, pillar covering the revenue growth of each sub-segment from 2018 to 2030.
According to the CBI report, British candle imports saw a rise in 2019 after a significant drop in 2018. Even more encouraging was the fact that the U.K. boosted its candle imports from developing countries by a significant amount and the developing countries doubled their import market share from 29% in 2015 to 42% in 2019, which is almost double than the European average.
China and Poland contribute to the majority of the candle imports to the U.K. However, consumer confidence has been low on account of the U.K.’s exit from the European Union, the coronavirus pandemic, and the subsequent economic slowdown.
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Target buyers of UK 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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Horizon Databook provides a detailed overview of country-level data and insights on the UK scented candles market , including forecasts for subscribers. This country databook contains high-level insights into UK scented candles market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK scented candles market size, by product, 2018-2030 (US$M)
UK Scented Candles Market Outlook Share, 2022 & 2030 (US$M)
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