According to KD Market Insights study the titled Global Candle Market 2020 is prepared in collaboration with leading industry experts providing data on various manufacturers, regions, and products that are relevant for understanding the market. -The study offers a complete market scope and growth rate, throughout the forecast period 2020- 2025. The report highlights in-depth industry perspectives relevant to the global market for Candle with a succinct review. The analysis explains the market value, volume, price trend, and possibilities for growth effectively. All prominent players are evaluated based on their business profile, product portfolio, market share, and sales. In addition, the report includes the challenges and risk factors.
The unprecedented spread of Corona virus (COVID-19) among the world’s major economies has become a major concern for both import and export activities. The Global Candle market report provides effective strategies that stabilize different business activities.
There is an appreciable rise in the number of candle lovers across the globe. Presently candles are not being used just for the purpose of lighting but for other purposes such as gifting and decoration. Throughout the years, candles have gone through many delightful transformations. Today candles are available in various designs, shape, and sizes. Availability of different types of candles such as scented candles, floater candles, and others are attracting consumers towards them. Further, the rise in disposable income of consumers and rapidly changing lifestyles are acting as major factors which are allowing them to spend more on home décor and fragrance products, which in turn driving the sales of candles across the globe. Consumers are increasingly purchasing candles as a focal point for their home decor, and for aromatherapy-like relaxation and stress reduction.
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The market segmentation is as follows in by candle type, sales channel and price. The authors of the study discuss both the developed and developing regions in detail.
By Candle Type
– Pillar Candle
– Taper Candle
– Tea lights
By Sales Channel
– Online Stores
– Offline Stores
– Specialty or Gift Shops
– Department or Home Decor Stores
– Mass Merchandise Retailers
– Direct Sales
Regional segment analysis describes regional volume of production, volume of consumption, revenue and rate of growth from 2020-2025 covering North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa)
The report covers the existing market size of the Candle market and its growth rate based on records of Main Players:
– The Yankee Candle Co., Inc.
– Colonial Candle
– White Barn Candles
– Slatkin & Co
– Bridgewater Candle Company
– VILLAGE CANDLE
– Trapp Fragrances
– Other Prominent Players
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The global Candle Market report highlights are as follows:
- The analysis offers key insights into the production trends of the goods produced, the revenue generated, and the business profile among others.
- The report highlights the global market share held by each organization for Candle and their respective gross margins.
- In addition, the study provides a company overview, revenue share, SWOT analysis of the leading players in the industry and Porter’s five forces analysis including potential entrants, industry competitors, suppliers, substitutes, and buyers.
- The report examines the dynamics, prospects, emerging industries, and recent plans and policies of the Candle Market.
Key features covered in the report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Porter’s Five Forces Analysis & Trade Analysis
- Market Forecast Analysis for 2020-2025
- Market Segments by Geographies and Countries
- Market Segment Trend and Forecast
- Market Analysis and Recommendations
- Price Analysis
- Key Market Driving Factors
- Candle Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
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