The Europe Luxury Candle Market would witness market growth of 9.7% CAGR during the forecast period (2023-2029).
Luxury candles are distinguished by their meticulous attention to detail, premium ingredients, attractive packaging, and unique brand identities. A luxury candle brand is distinguished from its mass-market competitors by a combination of these factors plus a clever marketing plan. By concentrating on these essential components, a candle business can distinguish itself in a crowded market and establish itself as a luxury brand.
Scientific research has shown that scented candles can significantly influence how mood, stress, productivity, and general mental wellness manifest physiologically. The brain's limbic system, where memories and emotions are stored, is stimulated by the aroma of scented candles. As a result, Serotonin and dopamine, two hormones that can assist in controlling mood, can be generated. Numerous advantages that enhance the mood and ambiance of a space can be provided by high-end scented candles. They don't require energy or matches and not only have a great scent but are also simple and convenient.
Customers choose lavish choices to give their houses a new aesthetic, leading the UK home décor industry to grow faster than retail marketplaces. In order to introduce new, trend-driven seasonal collections in stores and boost the visibility of their products, numerous market participants have raised their funding for the growing home décor sector. Additionally, the new luxury goods offer users a distinctive, eco-friendly experience, drawing more customers to them. As a result of all these factors, the demand for luxury candles in Europe is anticipated to rise during the projection period
The Germany market dominated the Europe Luxury Candle Market by Country in 2022; thereby, achieving a market value of $70.7 Million by 2029. The UK market is anticipated to grow at a CAGR of 8.7% during (2023 - 2029). Additionally, The France market would experience a CAGR of 10.5% during (2023 - 2029).
Based on Product, the market is segmented into Container, Pillar, Votive, Tapers and Others. Based on Distribution Channel, the market is segmented into Departmental Stores, Specialty Stores, Stand-Alone Boutiques and Online. Based on Wax Type, the market is segmented into Paraffin, Soywax, Beeswax, Palm Wax and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Luxury Candle Market is Projected to reach USD 939 Million by 2029, at a CAGR of 10.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LVMH SE, Diptyque SAS (Manzanita Capital UK LLP), Hermès International, Trudon, Ellis Brooklyn, E&B Parfums SL, LUMIRA Co Pty Ltd, Le Labo (The Estée Lauder Companies, Inc.), Byredo (PUIG, S.L.) and Fornasetti S.P.A.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Container
- Pillar
- Votive
- Tapers
- Others
By Distribution Channel
- Departmental Stores
- Specialty Stores
- Stand-Alone Boutiques
- Online
By Wax Type
- Paraffin
- Soywax
- Beeswax
- Palm Wax
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- LVMH SE
- Diptyque SAS (Manzanita Capital UK LLP)
- Hermès International
- Trudon
- Ellis Brooklyn
- E&B Parfums SL
- LUMIRA Co Pty Ltd
- Le Labo (The Estée Lauder Companies, Inc.)
- Byredo (PUIG, S.L.)
- Fornasetti S.P.A.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Luxury Candle Market, by Product
1.4.2 Europe Luxury Candle Market, by Distribution Channel
1.4.3 Europe Luxury Candle Market, by Wax Type
1.4.4 Europe Luxury Candle Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, May – 2022, Oct) Leading Players
Chapter 4. Europe Luxury Candle Market by Product
4.1 Europe Container Market by Country
4.2 Europe Pillar Market by Country
4.3 Europe Votive Market by Country
4.4 Europe Tapers Market by Country
4.5 Europe Others Market by Country
Chapter 5. Europe Luxury Candle Market by Distribution Channel
5.1 Europe Departmental Stores Market by Country
5.2 Europe Specialty Stores Market by Country
5.3 Europe Stand-Alone Boutiques Market by Country
5.4 Europe Online Market by Country
Chapter 6. Europe Luxury Candle Market by Wax Type
6.1 Europe Paraffin Market by Country
6.2 Europe Soywax Market by Country
6.3 Europe Beeswax Market by Country
6.4 Europe Palm Wax Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Luxury Candle Market by Country
7.1 Germany Luxury Candle Market
7.1.1 Germany Luxury Candle Market by Product
7.1.2 Germany Luxury Candle Market by Distribution Channel
7.1.3 Germany Luxury Candle Market by Wax Type
7.2 UK Luxury Candle Market
7.2.1 UK Luxury Candle Market by Product
7.2.2 UK Luxury Candle Market by Distribution Channel
7.2.3 UK Luxury Candle Market by Wax Type
7.3 France Luxury Candle Market
7.3.1 France Luxury Candle Market by Product
7.3.2 France Luxury Candle Market by Distribution Channel
7.3.3 France Luxury Candle Market by Wax Type
7.4 Russia Luxury Candle Market
7.4.1 Russia Luxury Candle Market by Product
7.4.2 Russia Luxury Candle Market by Distribution Channel
7.4.3 Russia Luxury Candle Market by Wax Type
7.5 Spain Luxury Candle Market
7.5.1 Spain Luxury Candle Market by Product
7.5.2 Spain Luxury Candle Market by Distribution Channel
7.5.3 Spain Luxury Candle Market by Wax Type
7.6 Italy Luxury Candle Market
7.6.1 Italy Luxury Candle Market by Product
7.6.2 Italy Luxury Candle Market by Distribution Channel
7.6.3 Italy Luxury Candle Market by Wax Type
7.7 Rest of Europe Luxury Candle Market
7.7.1 Rest of Europe Luxury Candle Market by Product
7.7.2 Rest of Europe Luxury Candle Market by Distribution Channel
7.7.3 Rest of Europe Luxury Candle Market by Wax Type
Chapter 8. Company Profiles
8.1 LVMH SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Acquisition and Mergers:
8.2 Hermès International
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Geographical Expansions:
8.3 Le Labo (The Estée Lauder Companies, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 Byredo (PUIG, S.L.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Product Category and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Product Launches and Product Expansions:
8.5 Diptyque SAS (Manzanita Capital UK LLP)
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Product Launches and Product Expansions:
8.5.2.2 Geographical Expansions:
8.6 LUMIRA Co Pty Ltd
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.7 Ellis Brooklyn
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Fornasetti S.P.A.
8.8.1 Company Overview
8.9 E&B Parfums SL
8.9.1 Company Overview
8.10. Trudon
8.10.1 Company Overview
TABLE 1 Europe Luxury Candle Market, 2019 - 2022, USD Million
TABLE 2 Europe Luxury Candle Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Luxury Candle Market
TABLE 4 Product Launches And Product Expansions– Luxury Candle Market
TABLE 5 Acquisition and Mergers– Luxury Candle Market
TABLE 6 geographical expansions – Luxury Candle Market
TABLE 7 Europe Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 8 Europe Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 9 Europe Container Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Container Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Pillar Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Pillar Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Votive Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Votive Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Tapers Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Tapers Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 20 Europe Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 21 Europe Departmental Stores Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Departmental Stores Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Specialty Stores Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Specialty Stores Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Stand-Alone Boutiques Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Stand-Alone Boutiques Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Online Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Online Market by Country, 2023 - 2029, USD Million
TABLE 29 Europe Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 30 Europe Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 31 Europe Paraffin Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe Paraffin Market by Country, 2023 - 2029, USD Million
TABLE 33 Europe Soywax Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Soywax Market by Country, 2023 - 2029, USD Million
TABLE 35 Europe Beeswax Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Beeswax Market by Country, 2023 - 2029, USD Million
TABLE 37 Europe Palm Wax Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Palm Wax Market by Country, 2023 - 2029, USD Million
TABLE 39 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 41 Europe Luxury Candle Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Luxury Candle Market by Country, 2023 - 2029, USD Million
TABLE 43 Germany Luxury Candle Market, 2019 - 2022, USD Million
TABLE 44 Germany Luxury Candle Market, 2023 - 2029, USD Million
TABLE 45 Germany Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 46 Germany Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 47 Germany Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 Germany Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 49 Germany Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 50 Germany Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 51 UK Luxury Candle Market, 2019 - 2022, USD Million
TABLE 52 UK Luxury Candle Market, 2023 - 2029, USD Million
TABLE 53 UK Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 54 UK Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 55 UK Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 56 UK Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 57 UK Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 58 UK Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 59 France Luxury Candle Market, 2019 - 2022, USD Million
TABLE 60 France Luxury Candle Market, 2023 - 2029, USD Million
TABLE 61 France Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 62 France Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 63 France Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 64 France Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 65 France Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 66 France Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 67 Russia Luxury Candle Market, 2019 - 2022, USD Million
TABLE 68 Russia Luxury Candle Market, 2023 - 2029, USD Million
TABLE 69 Russia Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 70 Russia Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 71 Russia Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 72 Russia Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 73 Russia Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 74 Russia Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 75 Spain Luxury Candle Market, 2019 - 2022, USD Million
TABLE 76 Spain Luxury Candle Market, 2023 - 2029, USD Million
TABLE 77 Spain Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 78 Spain Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 79 Spain Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 80 Spain Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 81 Spain Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 82 Spain Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 83 Italy Luxury Candle Market, 2019 - 2022, USD Million
TABLE 84 Italy Luxury Candle Market, 2023 - 2029, USD Million
TABLE 85 Italy Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 86 Italy Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 87 Italy Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 88 Italy Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 89 Italy Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 90 Italy Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 91 Rest of Europe Luxury Candle Market, 2019 - 2022, USD Million
TABLE 92 Rest of Europe Luxury Candle Market, 2023 - 2029, USD Million
TABLE 93 Rest of Europe Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 94 Rest of Europe Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 95 Rest of Europe Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 96 Rest of Europe Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 97 Rest of Europe Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 98 Rest of Europe Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 99 key Information – LVMH SE
TABLE 100 key information – Hermès International
TABLE 101 Key Information – Le Labo
TABLE 102 Key Information – Byredo
TABLE 103 key Information – Diptyque SAS
TABLE 104 Key Information – LUMIRA Co Pty Ltd
TABLE 105 Key Information – Ellis Brooklyn
TABLE 106 Key Information – Fornasetti S.P.A.
TABLE 107 Key Information – E&B Parfums SL
TABLE 108 Key Information – Trudon
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, May – 2022, Oct) Leading Players
FIG 5 Recent strategies and developments: Diptyque SAS