The global Scented Candles & Home Fragrance market is on a path of remarkable expansion, with projections indicating a substantial value of US$ 16,860 million by 2029. This anticipated growth reflects a significant surge from the US$ 9,153 million recorded in 2022, driven by a robust Compound Annual Growth Rate (CAGR) of 9.3% during the forecast period from 2023 to 2029. The market for scented candles and home fragrance products is experiencing substantial demand as consumers seek to create special atmospheres and enhance the quality of their living spaces.
Enhancing Atmosphere and Quality of Life
Scented Candles & Home Fragrance products are widely appreciated for their ability to create a unique atmosphere in a room while promoting relaxation, rest, and sleep. These products are frequently used in premium hotels, spas, and other upscale establishments. Moreover, an increasing number of people are choosing to use scented candles and home fragrance products in their homes to improve their quality of life.
Key Market Players
Leading companies in the Scented Candles & Home Fragrance market include Jo Malone, Yankee Candle, Qingdao Kingking Applied Chemistry, Diptyque, Aquiesse, VOLUSPA, Neom, IllumeCandles, Tom Dixon, Byredo, Acqua Di Parma, Fornasetti, ABODE AROMA, Cire Trudon, Ecoya, Linari, CULTI, and P.F.CANDLE, among others.
Comprehensive Market Insights
The recently published Scented Candles & Home Fragrance market report offers a comprehensive analysis of the industry. The report provides insights into market dynamics, competitive landscape, and key players’ profiles. It also discusses the market’s growth trajectory, opportunities, and challenges.
Find more details about this report at: https://www.themarketreports.com/report/global-scented-candles-home-fragrance-market-research-report
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