Light Therapy Market by End-user and Geographic Landscape — Forecast and Analysis 2020–2024
The scented
candles market size has the potential to grow by USD 1816.06 mn during
2020-2024
Market Competitive Analysis
The
market is fragmented. Bolsius International BV, Diptyque SAS, Godrej
Consumer Products Ltd., NEST Fragrances, Newell Brands Inc., Reckitt Benckiser
Group Plc, S.C. Johnson & Son Inc., ScentAir Technologies LLC, The Bridgewater
Candle Co., and The Procter & Gamble Co. are some of the major market
participants. Factors such as increasing investment in household interiors,
growing home décor market, and diversified product portfolio of key
vendors will offer immense growth opportunities. However, stiff
competition from the unorganized sector, emission of toxic fumes, and
criticality of inventory management and product sourcing may impede market
growth. To make the most of the opportunities, vendors should focus on growth prospects
in the fast-growing segments, while maintaining their positions in the
slow-growing segments.
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To help clients improve their market
position, this scented candles market forecast report provides a detailed
analysis of the market leaders and offers information on the competencies and
capacities of these companies. The report also covers details on the market’s
competitive landscape and offers information on the products offered by various
companies. Moreover, this scented candles market analysis report provides
information on the upcoming trends and challenges that will influence market
growth. This will help companies create strategies to make the most of future
growth opportunities.
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