Global Scented Candles Market, By Product Type, Industry & By Region - Forecast and Analysis 2022-2027

The global scented candles market was valued at USD 1,260.81 Million in 2021, and it is expected to reach a value of USD 1,798.63 Million by 2027, at a CAGR of more than 6.10% over the forecast period (2022 - 2027). With an increase in disposable income, there has been an increase in home renovation and home decoration activities. An increasing number of people want to make their home a comfortable place to live since the pandemic has resulted in extended periods spent at home. Sculpture scented candles or organically shaped candles are some of the popular 2020 trends adopted by consumers. Scented candles can be used in both commercial and residential sectors. An increase in home renovation and home décor activities has driven the demand for scented candles in the residential sector. As these candles have therapeutic properties, commercial businesses like spas frequently use scented candles. Market players are focusing on offering innovative scents that resonate with their customers to expand market shares. Several companies have also increased their R&D investments to come up with better products.



The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period.

Top-down and bottom-up approaches were used to estimate and validate the size of the global scented candles market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares splits, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Aspects covered in this report

• Based on product type, this market is segmented into container-based products and pillars products.
• Based on industry, this market is categorized into household and commercial.
• Based on region, this market is categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA).

Players in this market adopted various strategies to expand their global footprint and augment their market share. The key strategies followed by most companies in the global scented candles market were agreements and collaborations, mergers and acquisitions, and expansion.

The major players operating in this market include P&G, tatine, diptyque, reckitt, net-a-porter, northern lights candles, lelo, lee naturals, himalayan trading post, paddywax, magnolia scents and bath & body works.