Global Scented Candles Market Size Likely to Reach at a CAGR of 5.2% By 2033

The Global Scented Candles Market size was valued at USD 3.88 Billion in 2024 and is expected to reach USD 5.68 Billion by 2033 at a CAGR of 5.2% during the forecast period 2024 – 2033

Scented Candles Market: Overview

Scented candles combine wax and aromatic oils to release delightful fragrances when lit. They serve as decorative items and provide sensory experiences that encourage relaxation, uplift moods, and enhance the atmosphere. These candles are popular in homes, spas, and the hospitality industry, tapping into the growing wellness and self-care trends.

The global scented candles market is thriving, fuelled by an increasing consumer interest in aromatherapy and luxury home décor. There is a rising demand for sustainable and eco-friendly candles as consumers seek natural ingredients.

The growing emergence of online channels is expected to create lucrative opportunities for the market during the forecast period. Key players operating in the market are collaborating with third party E-commerce platforms and launching their E-commerce platforms to increase their product outreach and business operations.

However, factors such as less adoption of scented candles in many underdeveloped countries and side effects associated with scented candles mainly restrain the market growth of scented candles.

By Wax Type, Paraffin wax is expected to hold a substantial market share because it is affordable and has a strong scent throw, making it a favorite for mass-market products. However, its origin from petroleum raises some environmental concerns.

Soy wax, which comes from soybeans, is praised for being eco-friendly, having a longer burn time, and producing cleaner emissions, making it attractive to environmentally conscious buyers. Beeswax is recognized for its natural scent and non-toxic burn, appealing to the premium market, although it tends to be more expensive. Palm wax is known for its impressive crystallization and durability, but its environmental impact is often questioned due to deforestation.

By Category, the mass-market candles focus on being affordable and widely available, often made with paraffin wax and synthetic fragrances to satisfy the high demand found in supermarkets and retail chains. They attract budget-conscious shoppers looking for decorative or fragrant options.

In contrast, premium candles highlight luxury, sustainability, and exceptional craftsmanship, using natural waxes like soy or beeswax, unique designs, and exotic scents. These products appeal to a niche market of affluent consumers interested in indulgence or gift-giving. The premium segment is experiencing rapid growth, fueled by trends in wellness and eco-consciousness.

Empire Candle Co. LLC has established itself as a prominent player in the home fragrance market, boasting over 60 years of expertise in creating top-notch candles, wax melts, and home fragrance accessories.

The company is deeply committed to tradition, quality, and value, consistently surpassing industry benchmarks. As a comprehensive resource, Empire Candle Co. provides a full range of product development and manufacturing services, including design, sourcing, quality control, and packaging.

Report Scope

CMI has comprehensively analyzed Global Scented Candles Industry. The drivers, restraints, challenges, opportunities, and key trends have been explained in depth to depict the scenario of the Scented Candles market. Segment-wise, the market size and market share for scented candles during the forecast period are duly addressed to portray the probable picture of the global scented candles industry.

The competitive landscape includes Scented Candles market leaders as well as niche players. They are studied and analyzed extensively concerning their strengths, weaknesses, and value addition prospects. In addition, the report covers Scented Candle’s key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends, and dynamics in partnerships.

List of the prominent players in the Scented Candles Market:

• Candle-lite
• Diptyque Paris
• Empire Candle Co. LLC
• Shefar
• Estée Lauder Companies Inc.
• L Brands
• Lalique Group SA
• MVP Group International Inc.
• NEST New York
• Newell Brands
• The Procter & Gamble Company
• Portmeirion Group PLC
• Thymes LLC
• Kriggle Candle
• Village Candle
• Others

The Scented Candles Market is segmented as follows:

By Product Type        

• Container-Based Scented Candles
• Pillar Scented Candles
• Taper Scented Candles
• Tea Light Scented Candles
• Others (Votive, Floating, etc.)

By Wax Type  

• Paraffin Wax
• Soy Wax
• Beeswax
• Palm Wax
• Coconut Wax
• Blended Wax
• Others (Gel Wax, Bayberry Wax, etc.)

By Category   

• Mass
• Premium

By Distribution Channel

• Online
• Offline

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America