Global scented candles market to reach $645.7 million by 2021 - Market Report
According to market research report, “The Global Scented Candles Market size is projected to reach $645. 7 Million by 2026, registering a 11. 8% CAGR during the forecast period. Generally, scented candles are made up of a blend of natural and synthetic aromas.
The market of scented candles is increasing in size owing to the use candles as a home care product. In addition, the increasing disposable incomes of consumers have resulted in the increased spending behaviour of the consumer. With consumers ready to spend more on home décor and furnishings if further fostering growth in the demand of scented candles.
Globally, rising use of eco-friendly candles for home decoration is anticipated to drive the scented candle market. Furthermore, with more investments in interiors and rapidly growing home décor market is expected to bring new growth and opportunities for the scented candle market during the forecast period.