Candles Market types: Industry Trends, Market Segments, Landscape, Analysis and Forecast – 2027
Market Highlights The global candles Industry will grow at a CAGR of 4.26% during the forecast period. The market for candles is set to reach USD 13,006.9 million by 2027. As per market analysts, the global market is anticipated to witness growth owing to the factors such as increasing application of candles as well as the increasing demand for candles. However, the Candles Market types will face challenges and restraints due to the growing competition from the unorganized sector and unstable prices of raw materials during the forecast period. The commercial application of candles in the market will support the growth. As per market analysts, the market-based companies will face certain challenges during the forecast period. The market research report provides in-depth analysis of the distribution channel, material type, and category segments. The market research report presents factors such as the growing competition among local players that could slow down the market's grow