The global Candle Market report contains overall the details analysis based on few parameters like drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and competitive panel for the forecast timespan of 2020 to 2026. Therefore, these written statements reflect the overall market conditions and various other factors that are associated with the market that will definitely guide concerned parties in making a strategic decision.
The report also covers detailed competitive
landscape including company profiles of key players operating in the global
market. The key players in the candle market include Balthasar + Co. AG,
Bolsius International BV, Cereria Pernici Srl, Delsbo Candles AB, GALA-Kerzen
GmbH, Gies Kerzen GmbH, KORONA Candles S.A., SC Johnson & Son, Inc., Suomen
Kerta Oy, The Yankee Candle Company, Inc. and VILA HERMANOS CERERÍA SA among
others. An in-depth view of the competitive outlook includes future capacities,
key mergers & acquisitions, financial overview, partnerships, collaborations,
new product launches, new product developments and other developments with
information in terms of H.Q.
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Market
Dynamics
Rising adoption of candles for providing
dim light and fragrance to enhance room ambience of the room is driving the
market growth. Increasing use of scented candle in aromatherapy for better
relaxing experience is further boosting the growth of candle market. Wide
variety of candles and their easy availability owing to expanding unorganized,
organized and online retail stores is also a factor contributing the market
growth. However, fluctuation in raw material cost with availability of
substitute products is projected to hinder the market growth.
This detailed market study is centered on
the data obtained from multiple sources and is analyzed using numerous tools
including porter’s five forces analysis, market attractiveness analysis and
value chain analysis. These tools are employed to gain insights of the
potential value of the market facilitating the business strategists with the latest
growth opportunities. Additionally, these tools also provide a detailed
analysis of each application/product segment in the global market of candle.
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Market
Segmentation
The broad candle market has been
sub-grouped into type and distribution channel. The report studies these
subsets with respect to the geographical segmentation. The strategists can gain
a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better
opportunities.
By
Type
·
Pillar Candles
·
Floating Candles
·
Votive Candles
·
Tapers
·
Filled Candles
·
Tealight Candles
·
Gel Candles
·
Specialty Candles
·
Liquid Candles
·
Others
By
Distribution Channel
·
Specialty Or Gift Shops
·
Department Or Home Decor Stores
·
Mass Merchandise Retailers
·
Direct Sales
·
Online
·
Others
Regional
Analysis
Furthermore, the report comprises of the
geographical segmentation, which mainly focuses on current and forecast demand
for candle in North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. The report further focuses on demand for individual
application segments in all the regions.
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