Candle Market: Survey On Emerging Opportunities 2015 - 2021
Transparency Market Research has published a new market research report titled ‘ Candle Market (Type:Tea Lights, Votive, Pillars, Birthday Candles, Cartridge Candles, Wax Filled Container Candles, and Others; Raw Material: Beeswax, Stearin, Paraffin Wax, Rapeseed Wax, Palm Wax, Soy Wax, and Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018– 2026.’ According to the report, the global candle market is anticipated to reach US$ 13,619.3 Mn by 2026. The market is expected to expand at a CAGR of 6.0% from 2018 to 2026. Based on type, the candle market has been classified into tea lights, votive, pillars, birthday candles, cartridge candles, wax filled container candles, and others. Tea lights, votive, and wax filled container candles are expected to expand at a faster rate in the near future. Increase in usage of candles at special occasions, events, festivals etc. is anticipated to boost demand for candles. In addit...