Published on : Aug 31, 2020
A scented candle refers to a type of candle that comes with a blended synthetic or natural scented material. Floral scented candles are known to produce soothing effects on the minds of people from the very ambient aroma of fragrances. There are many materials that are utilized to add floral aroma to scented candles are usually divided into chamomile, lavender, and others.
The global floral scented candles market is expected to experience substantial growth over the forecast tenure, thanks to augmented demand for candles in various applications. Floral scented candles find abundant use in the decoration purposes of offices, commercial spaces, and houses. It also finds abundant use in various festivals such as Eid, Christmas, Diwali, and others.
Such varied uses are likely to work in favor of the growth of the global floral scented candles market over the projection timeframe. Besides, augmented disposable income coupled with the changing lifestyle of people has led to increased spending on interior decoration. This factor is likely to generate demand for floral scented candles.
Magnolia Scents by Design, Himalayan Trading Post, Southern Made Candles, Mels Candles, Diptyque, and Northern Lights Candles are some of the prominent players in the global floral scented candles market.
North America to Emerge as one of the Most Lucrative Regions
The global floral scented candles market has been split into the key territories of North America, Latin America, Europe, Middle East and Africa, and Asia Pacific. Such territory-based segmentation is expected to offer a detailed view of the market in different parts of the world.
North America is likely to exhibit substantial growth over the tenure of forecast, from 2018 to 2025. The sale of floral scented candles in the US is likely to generate substantial revenue in the years to come. High disposable income together with increased awareness about the aesthetics across the region is expected bolster demand for floral scented candles in the years to come.
The Asia Pacific floral scented candle market is likely to exhibit rapid growth rate, thanks to the countless festivals celebrated across the region. These festivals generate demand for floral scented candles, which boosts the market. China and India are likely to lead the regional market growth.
Increased Demand for Enhanced Home Aesthetics to Spell Growth for the Market
The global floral scented candles market is likely to gather momentum from augmented disposable income together with propensity to spend on premium products to enhance the aesthetics of home and other physical spaces.
Growing popularity of floral scented candles in home décor and for the creation of ambience is forecasted to generate demand for floral scented candles in the years to come. Rapid urbanization exerts indirect influence on the global floral scented candles market. With the rise in the number of home and commercial spaces, the demand for the product rises. Furthermore, prevalence of several festivals in across the globe is estimated to play a significant role in the growth of the global floral scented candles market.
In addition to enhancement of home décor, floral scented candles such as lavender, chamomile come with medicinal benefits as well. A case in point is the use of lavender scented candles alleviates stress, depression, and anxiety. It is also used in the treatment of insomnia and headaches. In another instance, tiare flower offers psychological benefits such as presence of this fragrance in candles gives one an impression of a visit to some far off exotic beaches. This relieves the mind of the people.
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Several service providers such as hotels, Spa centers, beauty parlors are increasingly make use of floral scented candles to create a relaxing, cozy, and warm atmosphere. This factor is likely to fuel growth of the global floral scented candles market in the years to come.