DUBLIN--(BUSINESS WIRE)--The "Global Decorative Candles Retail Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The decorative candles retail market will register a CAGR of over 5% by 2023.
Growing home decor market will be a major factor driving the growth of the global decorative candles retail market.
Rising affluence in major global economies coupled with lifestyle changes have led to a radical surge in demand for home decor products. Innovations in aromatherapy diffusers, plug-ins, and customized candles have positively grabbed the attention of retailers and millennials among the consumer group.
Diversified product portfolio of key vendors
Decorative candles can be categorized into various types life tapers, votives, containers, pillars and many more. Each type of candles is designed to cater different occasions or purposes like religious holidays, birthdays, gifts, and home decor. Thus, diversified product portfolio of key vendors will drive the growth of the market.
Emission of toxic fumes
Air pollution is regarded as a major threat to human health and life. Exposure to harmful fuels and gases results in serious health hazards and sometimes could lead to cancer. The burning of paraffin wax, a major raw material used in making candles, releases harmful toxins into the air, which can cause cancer with multiple exposure.
Competitive Landscape
The market appears to be highly fragmented, and with the presence of several major companies, the competitive environment is quite intense. Factors such as the growing home decor market and diversified product portfolio of key vendors, will provide considerable growth opportunities to decorative candles retail manufactures.
Key Players
- Amazon.com Inc.
- Home Depot Product Authority LLC
- Kingfisher PLC
- Walmart Inc.
- Williams-Sonoma Inc.
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Comparison by distribution channel
- Offline - Market size and forecast 2018-2023
- Online - Market size and forecast 2018-2023
- Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Introduction of LED candles
- Expansion of the e-commerce market
- Introduction of customized candles by vendors
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Amazon.com Inc.
- Home Depot Product Authority LLC
- Kingfisher PLC
- Walmart Inc.
- Williams-Sonoma Inc.
For more information about this report visit https://www.researchandmarkets.com/r/f50t4n