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Candles Market Analysis: Global Size Supposed to reach USD 13,031.03 Mn in 2027


Candles Market Analysis: Global Size Supposed to reach USD 13,031.03 Mn in 2027
January 18, 2021
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by
admin
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The global
candles market was valued at US$ 8,426.31 Mn in 2018, and is expected to reach US$ 13,031.03 Mn by 2027, expanding at a CAGR of 5.5% from 2019 to 2027.
Market Insights
“Availability of the product in various colors, shapes, size and fragrances is stimulating the market growth”
Candle manufacturing is a multibillion-dollar industry worldwide. During the holiday season, more than, one-third of candle sales take place. Candles come in all sorts of shapes, sizes, colors and scents. It has been observed that end users tend to use candles once a week. Fragrance, color and price are widely considered among the most important factors when buying candles. Mass merchandise retailers and department or home decor stores are most common locations where people tend to buy candles. ....

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