Candle Market Size & Share Hit USD 6.06 Billion By 2025 : Grand View Research Inc.
San Francisco, 5 December 2019: The Report Candle Market Size, Share & Trends Analysis Report By Product (Votive, Container, Pillars, Tapers), By Wax Type (Paraffin, Soy Wax, Beeswax, Palm Wax), By Distribution Channel, And Segment Forecasts, 2019 – 2025 The global candle market size is expected to reach USD 6.06 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 8.4% during the forecast period. Increasing popularity of using candles in home décor and ambience creation is expected to fuel the growth. Rapid rise in adoption for residential and commercial applications coupled with the demand for candles for religious purposes is anticipated to further drive market. Service providers such as hotels, restaurants, and beauty and spa use candles to create a warm, cozy, and relaxing ambiance. This factor is projected to further drive the product demand. Scented candles have been gaining popularity in the recent