Europe Candles Market is Set to Grow at a CAGR of 4.3% by 2025

New York, USA, 2018-Nov-14 — /EPR Network/ —According to Goldstein Research, candles with their warm and cosy light are greatly popular with European consumers and they consumed more than 740.000 tons in 2016, which means a constant upsurge for the past five years and the trend likely continues over the forecast period. Moreover, candle manufacturers were able to upturn the domestic production again and nine out of ten candles were produced in Europe. Europe candles market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in developed and as well as in developing countries across the globe.

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Market Segmentation

On the basis of our in-depth analysis, Europe candles market can be segmented as follows:

By Product Type

  • Basic Candles
  • Fancy Candles
  • Scented Candles

By Wax Material

  • Animal Wax
  • Vegetable Wax
  • Paraffin Wax
  • Synthetic Wax

By Distribution Channel

  • Online
  • Offline
  • Specialty Stores
  • Departmental Stores
  • Retail Stores

By Geography

  • United Kingdom Candles Industry {Market Share (%), Market Size (USD Billion)}
  • France Candles Market {Market Share (%), Market Size (USD Billion)}
  • Italy Candles Market {Market Share (%), Market Size (USD Billion)}
  • Germany Candles Market {Market Share (%), Market Size (USD Billion)}
  • Denmark Candles Industry {Market Share (%), Market Size (USD Billion)}
  • Spain Candles Market {Market Share (%), Market Size (USD Billion)}
  • Sweden Candles Market {Market Share (%), Market Size (USD Billion)}
  • Russia Candles Market {Market Share (%), Market Size (USD Billion)}
  • Hungary Candles Market {Market Share (%), Market Size (USD Billion)}
  • Rest Of Europe Candles Market {Market Share (%), Market Size (USD Billion)}

Browse Full Report: https://www.goldsteinresearch.com/report/europe-candles-market

“Europe Candles market Outlook 2025” contains detailed overview of the Europe candles market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, by wax material and by distribution channel.

Further, for the in-depth analysis, Europe Candles Market Analysis encompasses the industry growth drivers, market challenges, market attractiveness, BPS (Base Point Scale) analysis, risk analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as Jarden Corp, Blyth, Bolsius, Dianne’s Custom Candles, Colonial Candle, Candle-lite, S.C. Johnson & Son etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report embodies the Europe candles market trends along with market estimates that will aid industry consultants, technology providers, existing players and new market players probing for opportunities and other stakeholders to positions their market centred strategies according to the evolving and expected trends in the future.

Key queries answered in this Europe candles market report

  • What is the Europe candles market size by 2025 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the candles market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to candles market growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

Global Europe candles market is further bifurcated in various segments with separate market analysis mentioned below:

Home Decor Market

Global interior designing market and the rise in construction of new buildings are fuelling the growth of the global home décor market. With the revamp of the housing sector in the US as well as in Europe, the home décor and interior designing market have started to creep up. Global home decor market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe.

Asia-Pacific Home Décor Market

The home designing trends continue to change season by season such as in 2018 the trending fashion is using rich and dark colors, velvets and woods. Therefore, it is essential for the market players to manufacture the trending products in order to sustain the business growth. Asia-Pacific home décor market is set to reach nearly USD 9.0 billion by 2024, growing at a CAGR of 7.9% over the forecast period (2017-2025).

Decorative Paints and Coatings Market

Global decorative paints and coatings market experience tight competition among the players, pushing it towards overall growth of the market. Decorative paints and coatings market size is set to reach USD 137.6 billion by 2025, growing at a CAGR of 5.2% over the forecast period. North America architectural coating market is witnessing M&A among the large players since 2013, but ten big players have control over 90% of the market.

Global Wall Decor Market

Global wall décor market size is set to reach USD 23.2 billion by 2024, growing at a CAGR of 9.0% over the forecast years. The rising demand of the wall décor products is dependent upon the construction of new property or renovation of the existing property along with the spending capacity of the consumer. North America is leading the wall décor market with share of 23.4% of the global total, owing to the customer lifestyles, preferences, and tastes which has been changing as per the consumer income levels.

North America Home Decor Market

North America home decor market is anticipated to reach USD 11.55billion by 2025, expanding at a CAGR of 8.5% during the forecast period, 2017-2025. Furthermore based on the geography, North America home decor market is experiencing the highest growth in the United States, which acquires 68.1% market share in 2017 due to fast changing lifestyle and rise in a number of house possessions.

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