The global candle market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled “Candle Market Size, Share & Industry Analysis, By Product (Tea Lights,Votive, Pillars, Birthday Candles, Others), By Raw Material (Beeswax, Stearin, Paraffin Wax, Rapeseed Wax and Others), By Distribution channel (Retail Stores, Shopping Malls, Online Retail) and Regional Forecast, 2019-2026 “. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.
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The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other candle market trends. The report is available for sale on the company website.
List of companies profiled in the report:
- Better Homes and Garden
- Colonial Candle
- Bridgewater Candles
- Slatkin and Co.
- Thymes, Village Candles
- Circle E Candles
- Jo Malone
- Bath & Bodyworks
Increasing Investments in Innovation and R&D Activities will Aid Growth
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing number investment in product R&D, coupled with the rising efforts in product variations has made the highest impact on the growth of the market. In December 2019, Newell Brands Home Fragrance Division announced that it will be expanding to its research and development capabilities. The company will be starting a new state-of-the-art R&D lab that is spread across 20,300 sq feet.
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Regional Analysis for Candle Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Candle Market:
- Executive Summary
- Market Dynamics
- Key Candle Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Candle Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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