The Europe Wax Melts Market would witness market growth of 5.2% CAGR during the forecast period (2023-2029).
Wax melts' non-flammable quality might significantly contribute to their market expansion by luring customers who value safety. Businesses can broaden their customer base and increase income by positioning wax melts as a secure, adaptable, and useful substitute for conventional candles. Customers' trust and loyalty can be increased by the safety feature, which will improve brand perception and grow market share.
DIY and personalizing have gained popularity as people spend more time at home. Customers are searching for ways to produce their wax melts at home or to buy customizable wax melts in the flavors and patterns of their choice. Additionally, it has raised consumer interest in seasonal scents as people hunt for wax melts that make them feel comfort and warmth throughout the winter months.
In recent years, the market has been continuously growing. Candles will continue to be made primarily of wax. Additionally, wax melts are frequently used to create waterproof tarpaulin, which is frequently used to cover or protect crops and vehicles due to qualities including durability, waterproofing, and affordability. Because of this, wax is becoming more and more popular across industries, which is good news for the market.
The EU offers various financing options to develop the local tourism industry. As a result, the government has started several helpful programs, including "Calypso." It was started by the EU government and concentrated on social tourism for old people, persons with limited mobility, and young people from disadvantaged backgrounds. These elements are anticipated to support the regional tourism and hospitality sector's growth, and due to the industry's acceptance of different ornamental items, including scented wax melts. This will accelerate market expansion in the region.
The Germany market dominated the Europe Wax Melts Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $316.8 Million by 2029. The UK market is estimated to grow a CAGR of 4.4% during (2023 - 2029). Additionally, The France market would showcase a CAGR of 6% during (2023 - 2029).
Based on Pack, the market is segmented into Multi, and Single. Based on Application, the market is segmented into Household, and Commercial. Based on Product, the market is segmented into Paraffin, Soy Wax, Palm Wax, Beeswax, 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 Wax Melts Market is Projected to reach USD 4.6 Billion by 2029, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Yankee Candle Company (Newell Brands, Inc.), The Bridgewater Candle Company, NEST Fragrances, S. C. Johnson & Son, Inc., East Coast Candle Co., Michaels Stores, Inc., Scentsy, Inc., Bramble Bay Candle Co., Wax Warmups and Candles By Victoria.
Scope of the Study
Market Segments Covered in the Report:
By Pack
By Application
By Product
- Paraffin
- Soy Wax
- Palm Wax
- Beeswax
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- The Yankee Candle Company (Newell Brands, Inc.)
- The Bridgewater Candle Company
- NEST Fragrances
- S. C. Johnson & Son, Inc.
- East Coast Candle Co.
- Michaels Stores, Inc.
- Scentsy, Inc.
- Bramble Bay Candle Co.
- Wax Warmups
- Candles By Victoria
TABLE 1 Europe Wax Melts Market, 2019 - 2022, USD Million
TABLE 2 Europe Wax Melts Market, 2023 - 2029, USD Million
TABLE 3 Europe Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 4 Europe Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 5 Europe Multi Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Multi Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Single Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Single Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 10 Europe Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 11 Europe Household Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Household Market by Country, 2023 - 2029, USD Million
TABLE 13 Europe Commercial Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Commercial Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 16 Europe Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 17 Europe Paraffin Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Paraffin Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Soy Wax Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Soy Wax Market by Country, 2023 - 2029, USD Million
TABLE 21 Europe Palm Wax Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Palm Wax Market by Country, 2023 - 2029, USD Million
TABLE 23 Europe Beeswax Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Beeswax Market by Country, 2023 - 2029, USD Million
TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 27 Europe Wax Melts Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Wax Melts Market by Country, 2023 - 2029, USD Million
TABLE 29 Germany Wax Melts Market, 2019 - 2022, USD Million
TABLE 30 Germany Wax Melts Market, 2023 - 2029, USD Million
TABLE 31 Germany Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 32 Germany Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 33 Germany Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 34 Germany Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 35 Germany Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 36 Germany Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 37 UK Wax Melts Market, 2019 - 2022, USD Million
TABLE 38 UK Wax Melts Market, 2023 - 2029, USD Million
TABLE 39 UK Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 40 UK Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 41 UK Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 42 UK Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 43 UK Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 44 UK Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 45 France Wax Melts Market, 2019 - 2022, USD Million
TABLE 46 France Wax Melts Market, 2023 - 2029, USD Million
TABLE 47 France Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 48 France Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 49 France Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 50 France Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 51 France Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 52 France Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 53 Russia Wax Melts Market, 2019 - 2022, USD Million
TABLE 54 Russia Wax Melts Market, 2023 - 2029, USD Million
TABLE 55 Russia Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 56 Russia Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 57 Russia Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 58 Russia Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 59 Russia Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 60 Russia Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 61 Spain Wax Melts Market, 2019 - 2022, USD Million
TABLE 62 Spain Wax Melts Market, 2023 - 2029, USD Million
TABLE 63 Spain Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 64 Spain Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 65 Spain Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 66 Spain Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 67 Spain Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 68 Spain Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 69 Italy Wax Melts Market, 2019 - 2022, USD Million
TABLE 70 Italy Wax Melts Market, 2023 - 2029, USD Million
TABLE 71 Italy Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 72 Italy Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 73 Italy Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 74 Italy Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 75 Italy Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 76 Italy Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 77 Rest of Europe Wax Melts Market, 2019 - 2022, USD Million
TABLE 78 Rest of Europe Wax Melts Market, 2023 - 2029, USD Million
TABLE 79 Rest of Europe Wax Melts Market by Pack, 2019 - 2022, USD Million
TABLE 80 Rest of Europe Wax Melts Market by Pack, 2023 - 2029, USD Million
TABLE 81 Rest of Europe Wax Melts Market by Application, 2019 - 2022, USD Million
TABLE 82 Rest of Europe Wax Melts Market by Application, 2023 - 2029, USD Million
TABLE 83 Rest of Europe Wax Melts Market by Product, 2019 - 2022, USD Million
TABLE 84 Rest of Europe Wax Melts Market by Product, 2023 - 2029, USD Million
TABLE 85 Key Information – The Yankee Candle Company
TABLE 86 Key Information – The Bridgewater Candle Company
TABLE 87 Key Information – NEST Fragrances
TABLE 88 Key Information – S. C. Johnson & Son, Inc.
TABLE 89 Key Information – East Coast Candle Co.
TABLE 90 Key Information – Michaels Stores, Inc.
TABLE 91 Key Information – Scentsy, Inc.
TABLE 92 Key Information – Bramble Bay Candle Co.
TABLE 93 Key Information – Wax WARMUPS
TABLE 94 Key Information – Candles By Victoria
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Wax Melts Market share by Pack, 2022
FIG 3 Europe Wax Melts Market share by Pack, 2029
FIG 4 Europe Wax Melts Market by Pack, 2019 - 2029, USD Million
FIG 5 Europe Wax Melts Market share by Application, 2022
FIG 6 Europe Wax Melts Market share by Application, 2029
FIG 7 Europe Wax Melts Market by Application, 2019 - 2029, USD Million
FIG 8 Europe Wax Melts Market share by Product, 2022
FIG 9 Europe Wax Melts Market share by Product, 2029
FIG 10 Europe Wax Melts Market by Product, 2019 - 2029, USD Million
FIG 11 Europe Wax Melts Market share by Country, 2022
FIG 12 Europe Wax Melts Market share by Country, 2029
FIG 13 Europe Wax Melts Market by Country, 2019 - 2029, USD Million