The Europe Candle Market would witness market growth of 5.5% CAGR during the forecast period (2022-2028).
Candle therapy has been gaining much traction as it is known to ease back pain, headaches, anxiety, and osteoarthritis. Similarly, fine dining spaces and restaurants that use luxury candles to create an aromatic ambiance for their customers have increased. Also, candles are essential in religious ceremonies, celebrations, festivals, and get-togethers. Theme-based outdoor parties, weddings, and events have contributed to candle demand.
The need for organic candles has also increased with the rising awareness of the environment. Burning candles have a good effect on the health of the user as part of a healthy life is self-care and having mental peace. Lighting a candle can provide a suitable atmosphere for calmness and sense of well-being in many individuals. Lighting a candle can also help in medication and prayer as lighting a candle during medication can assist the user in their practice.
The UK home décor sector is increasing faster than retail markets because customers opt for more cost-efficient options to give their homes a new look. The rising home décor industry has seen increased funding by many market players to introduce new and trend-led seasonal collections in stores while expanding the advertising for their products. Also, the new luxury products are giving their users a unique, eco-friendly experience, luring more consumers towards them. In addition, the home décor industry’s expansion will attract more consumers toward decorative products like candles, which will surge the market’s growth.
The Germany market dominated the Europe Candle Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,132.6 million by 2028. The UK market is anticipated to grow at a CAGR of 4.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on Product, the market is segmented into Votive, Container Candle, Pillars, Tapers, and Others. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Wax Type, the market is segmented into Paraffin, Soy Wax, Beeswax, Palm Wax, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Yankee Candle Company (Newell Brands, Inc.), Estee Lauder Companies, Inc., Bed Bath & Beyond, Inc., Diptyque (Manzanita Capital Ltd.), Ellis Brooklyn, Trudon, Contract Candles & Diffusers Ltd., Conscious Candle Co., The Bridgewater Candle Company, and NEST Fragrances.
Candle therapy has been gaining much traction as it is known to ease back pain, headaches, anxiety, and osteoarthritis. Similarly, fine dining spaces and restaurants that use luxury candles to create an aromatic ambiance for their customers have increased. Also, candles are essential in religious ceremonies, celebrations, festivals, and get-togethers. Theme-based outdoor parties, weddings, and events have contributed to candle demand.
The need for organic candles has also increased with the rising awareness of the environment. Burning candles have a good effect on the health of the user as part of a healthy life is self-care and having mental peace. Lighting a candle can provide a suitable atmosphere for calmness and sense of well-being in many individuals. Lighting a candle can also help in medication and prayer as lighting a candle during medication can assist the user in their practice.
The UK home décor sector is increasing faster than retail markets because customers opt for more cost-efficient options to give their homes a new look. The rising home décor industry has seen increased funding by many market players to introduce new and trend-led seasonal collections in stores while expanding the advertising for their products. Also, the new luxury products are giving their users a unique, eco-friendly experience, luring more consumers towards them. In addition, the home décor industry’s expansion will attract more consumers toward decorative products like candles, which will surge the market’s growth.
The Germany market dominated the Europe Candle Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,132.6 million by 2028. The UK market is anticipated to grow at a CAGR of 4.6% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on Product, the market is segmented into Votive, Container Candle, Pillars, Tapers, and Others. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Wax Type, the market is segmented into Paraffin, Soy Wax, Beeswax, Palm Wax, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Yankee Candle Company (Newell Brands, Inc.), Estee Lauder Companies, Inc., Bed Bath & Beyond, Inc., Diptyque (Manzanita Capital Ltd.), Ellis Brooklyn, Trudon, Contract Candles & Diffusers Ltd., Conscious Candle Co., The Bridgewater Candle Company, and NEST Fragrances.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Votive
- Container Candle
- Pillars
- Tapers
- Others
By Distribution Channel
- Offline
- Online
By Wax Type
- Paraffin
- Soy Wax
- Beeswax
- Palm Wax
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- The Yankee Candle Company (Newell Brands, Inc.)
- Estee Lauder Companies, Inc
- Bed Bath & Beyond, Inc
- Diptyque (Manzanita Capital Ltd.)
- Ellis Brooklyn
- Trudon
- Contract Candles & Diffusers Ltd
- Conscious Candle Co
- The Bridgewater Candle Company
- NEST Fragrances
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Candle Market, by Product
1.4.2 Europe Candle Market, by Distribution Channel
1.4.3 Europe Candle Market, by Wax Type
1.4.4 Europe Candle Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Candle Market by Product
3.1 Europe Votive Market by Country
3.2 Europe Container Candle Market by Country
3.3 Europe Pillars Market by Country
3.4 Europe Tapers Market by Country
3.5 Europe Others Market by Country
Chapter 4. Europe Candle Market by Distribution Channel
4.1 Europe Offline Market by Country
4.2 Europe Online Market by Country
Chapter 5. Europe Candle Market by Wax Type
5.1 Europe Paraffin Market by Country
5.2 Europe Soy Wax Market by Country
5.3 Europe Beeswax Market by Country
5.4 Europe Palm Wax Market by Country
5.5 Europe Others Market by Country
Chapter 6. Europe Candle Market by Country
6.1 Germany Candle Market
6.1.1 Germany Candle Market by Product
6.1.2 Germany Candle Market by Distribution Channel
6.1.3 Germany Candle Market by Wax Type
6.2 UK Candle Market
6.2.1 UK Candle Market by Product
6.2.2 UK Candle Market by Distribution Channel
6.2.3 UK Candle Market by Wax Type
6.3 France Candle Market
6.3.1 France Candle Market by Product
6.3.2 France Candle Market by Distribution Channel
6.3.3 France Candle Market by Wax Type
6.4 Russia Candle Market
6.4.1 Russia Candle Market by Product
6.4.2 Russia Candle Market by Distribution Channel
6.4.3 Russia Candle Market by Wax Type
6.5 Spain Candle Market
6.5.1 Spain Candle Market by Product
6.5.2 Spain Candle Market by Distribution Channel
6.5.3 Spain Candle Market by Wax Type
6.6 Italy Candle Market
6.6.1 Italy Candle Market by Product
6.6.2 Italy Candle Market by Distribution Channel
6.6.3 Italy Candle Market by Wax Type
6.7 Rest of Europe Candle Market
6.7.1 Rest of Europe Candle Market by Product
6.7.2 Rest of Europe Candle Market by Distribution Channel
6.7.3 Rest of Europe Candle Market by Wax Type
Chapter 7. Company Profiles
7.1 The Yankee Candle Company (Newell Brands, Inc.)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Estee Lauder Companies, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.3 Bed Bath & Beyond, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.4 Diptyque (Manzanita Capital Ltd.)
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Product Launches and Product Expansions:
7.5 Ellis Brooklyn
7.5.1 Company Overview
7.6 Trudon
7.6.1 Company Overview
7.7 Contract Candles & Diffusers Ltd.
7.7.1 Company Overview
7.8 Conscious Candle Co.
7.8.1 Company Overview
7.9 The Bridgewater Candle Company
7.9.1 Company Overview
7.10. NEST Fragrances
7.10.1 Company Overview
Companies Mentioned
- The Yankee Candle Company (Newell Brands, Inc.)
- Estee Lauder Companies, Inc.
- Bed Bath & Beyond, Inc.
- Diptyque (Manzanita Capital Ltd.)
- Ellis Brooklyn
- Trudon
- Contract Candles & Diffusers Ltd.
- Conscious Candle Co.
- The Bridgewater Candle Company
- NEST Fragrances
Methodology
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