Global Decorative Candles Retail Market 2024-2028

The decorative candles retail market is forecasted to grow by USD 2.47 bn during 2023-2028, accelerating at a CAGR of 7.07% during the forecast period. The report on the decorative candles retail market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a diversified product portfolio of vendors, increasing investment in household interiors, and increasing popularity of wellness and relaxation activities.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.19%
CAGR	7.07%
Incremental Value	$2.47bn

Technavio's decorative candles retail market is segmented as below:

By Distribution Channel

Offline
Online

By Type

Scented
Unscented

By Geography

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the introduction of LED candles as one of the prime reasons driving the decorative candle retail market growth during the next few years. Also, the expansion of the e-commerce market and the introduction of customized candles by vendors will lead to sizable demand in the market.

The report on the decorative candles retail market covers the following areas:

Decorative candles retail market sizing
Decorative candles retail market forecast
Decorative candles retail market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decorative candles retail market vendors that include Aldi Stores Ltd., Amazon.com Inc., Bolsius International BV, Colonial Candle, Dollar General Corp., Duni AB, Flame and Wax Inc., GALA GROUP GMBH, Harlem Candle Co., Industria de Diseno Textil SA, JD and Kate Industries, Kohls Corp., Newell Brands Inc., Ocado Retail Ltd., Overstock Inc., Temple and Webster Group Ltd., Tesco Plc, Universal Candle Co. Ltd., Walmart Inc., and Williams Sonoma Inc. Also, the decorative candles retail market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR72803

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global decorative candles retail market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global decorative candles retail market 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Distribution Channel

6.1 Market segments
Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2023-2028
Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
6.4 Online - Market size and forecast 2023-2028
Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 42: Market opportunity by Distribution Channel ($ billion)
Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 Scented - Market size and forecast 2023-2028
Exhibit 48: Chart on Scented - Market size and forecast 2023-2028 ($ billion)
Exhibit 49: Data Table on Scented - Market size and forecast 2023-2028 ($ billion)
Exhibit 50: Chart on Scented - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on Scented - Year-over-year growth 2023-2028 (%)
7.4 Unscented - Market size and forecast 2023-2028
Exhibit 52: Chart on Unscented - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Unscented - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Unscented - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Unscented - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 56: Market opportunity by Type ($ billion)
Exhibit 57: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share by geography 2023-2028 (%)
Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
Exhibit 103: Market opportunity by geography ($ billion)
Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Amazon.com Inc.
Exhibit 111: Amazon.com Inc. - Overview
Exhibit 112: Amazon.com Inc. - Business segments
Exhibit 113: Amazon.com Inc. - Key news
Exhibit 114: Amazon.com Inc. - Key offerings
Exhibit 115: Amazon.com Inc. - Segment focus
12.4 Bolsius International BV
Exhibit 116: Bolsius International BV - Overview
Exhibit 117: Bolsius International BV - Product / Service
Exhibit 118: Bolsius International BV - Key offerings
12.5 Colonial Candle
Exhibit 119: Colonial Candle - Overview
Exhibit 120: Colonial Candle - Product / Service
Exhibit 121: Colonial Candle - Key offerings
12.6 Duni AB
Exhibit 122: Duni AB - Overview
Exhibit 123: Duni AB - Business segments
Exhibit 124: Duni AB - Key offerings
Exhibit 125: Duni AB - Segment focus
12.7 Flame and Wax Inc.
Exhibit 126: Flame and Wax Inc. - Overview
Exhibit 127: Flame and Wax Inc. - Product / Service
Exhibit 128: Flame and Wax Inc. - Key offerings
12.8 GALA GROUP GMBH
Exhibit 129: GALA GROUP GMBH - Overview
Exhibit 130: GALA GROUP GMBH - Product / Service
Exhibit 131: GALA GROUP GMBH - Key offerings
12.9 Harlem Candle Co.
Exhibit 132: Harlem Candle Co. - Overview
Exhibit 133: Harlem Candle Co. - Product / Service
Exhibit 134: Harlem Candle Co. - Key offerings
12.10 Industria de Diseno Textil SA
Exhibit 135: Industria de Diseno Textil SA - Overview
Exhibit 136: Industria de Diseno Textil SA - Business segments
Exhibit 137: Industria de Diseno Textil SA - Key offerings
Exhibit 138: Industria de Diseno Textil SA - Segment focus
12.11 Kohls Corp.
Exhibit 139: Kohls Corp. - Overview
Exhibit 140: Kohls Corp. - Business segments
Exhibit 141: Kohls Corp. - Key offerings
Exhibit 142: Kohls Corp. - Segment focus
12.12 Newell Brands Inc.
Exhibit 143: Newell Brands Inc. - Overview
Exhibit 144: Newell Brands Inc. - Business segments
Exhibit 145: Newell Brands Inc. - Key news
Exhibit 146: Newell Brands Inc. - Key offerings
Exhibit 147: Newell Brands Inc. - Segment focus
12.13 Ocado Retail Ltd.
Exhibit 148: Ocado Retail Ltd. - Overview
Exhibit 149: Ocado Retail Ltd. - Product / Service
Exhibit 150: Ocado Retail Ltd. - Key offerings
12.14 Temple and Webster Group Ltd.
Exhibit 151: Temple and Webster Group Ltd. - Overview
Exhibit 152: Temple and Webster Group Ltd. - Product / Service
Exhibit 153: Temple and Webster Group Ltd. - Key offerings
12.15 Universal Candle Co. Ltd.
Exhibit 154: Universal Candle Co. Ltd. - Overview
Exhibit 155: Universal Candle Co. Ltd. - Product / Service
Exhibit 156: Universal Candle Co. Ltd. - Key offerings
12.16 Walmart Inc.
Exhibit 157: Walmart Inc. - Overview
Exhibit 158: Walmart Inc. - Business segments
Exhibit 159: Walmart Inc. - Key offerings
Exhibit 160: Walmart Inc. - Segment focus
12.17 Williams Sonoma Inc.
Exhibit 161: Williams Sonoma Inc. - Overview
Exhibit 162: Williams Sonoma Inc. - Product / Service
Exhibit 163: Williams Sonoma Inc. - Key news
Exhibit 164: Williams Sonoma Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 165: Inclusions checklist
Exhibit 166: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 167: Currency conversion rates for US$
13.4 Research methodology
Exhibit 168: Research methodology
Exhibit 169: Validation techniques employed for market sizing
Exhibit 170: Information sources
13.5 List of abbreviations
Exhibit 171: List of abbreviations