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Mexico Scented Candles Market

Mexico Scented Candles Market Size, Share, Trends, Forecast: By Raw Material: Paraffin Wax, Soy Wax, Beeswax, Others; By Product: Container Based, Pillar, Others; By Distribution Channel: Hypermarkets and Supermarkets, Convenience Stores, Online Stores, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Mexico Scented Candles Market Outlook

The Mexico scented candles market size is projected to grow at a CAGR of 3.3% between 2024 and 2032. The growing trend of customisation and personalisation of scented candles is driving the market.

 

Key Takeaways

  • Soy wax is expected to constitute a major portion of the Mexico scented candles market share.
  • The rising popularity of container-based candles is expected to aid the market growth.
  • Online stores are expected to become a popular destination for shopping scented candles in Mexico.

 

There is a growing popularity of scented candles among men, hence companies are focusing on incorporating masculine scents into their products. This includes the scent of leather, tomato, and tobacco cedar, among others. Moreover, companies are capitalising on the powerful ability of fragrances to evoke memory and naming their candles on nostalgic human experiences. This includes Friday Night Football and Summer Camp, among others.

 

By adding customised pictures and quotes on candles, customers get the opportunity to personalise their candles, which is further expected to drive the Mexico scented candles market expansion in the coming years.

 

The rising popularity of printed/colourful wooden wicks is one of the key Mexico scented candles market trends. This is because they do not produce excessive carbon and create a crackling sound while burning, which enhances the experience of comfort for consumers.

 

Sustainability has become a key concern for manufacturers of scented candles and many producers are exploring the potential of recyclable/reusable containers for packaging. Moreover, with the proliferation of e-commerce, consumer appeal for scented candles is increasing.

 

Key players are also offering free samples of scented candles along with the purchase of home décor products to enhance customer awareness, which is anticipated to fuel the Mexico scented candles market growth in the forecast period.

 

Mexico Scented Candles Market

 

Market Segmentation

Mexico Scented Candles Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Raw Material

  • Paraffin Wax
  • Soy Wax
  • Beeswax
  • Others

 

Market Breakup by Product

  • Container Based
  • Pillar
  • Others

 

Market Breakup by Distribution Channel

  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online Stores
  • Others

 

Market Breakup by Region

  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula

 

The key Mexico scented candles market players are The Yankee Candle Company, Inc., LUMM, Alcali Mx, AMBIENTAIR AROMAS S.L., GRAN VELADA, Our Own Candle Company, and MVP Group International Company, Inc., among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Raw Material
  • Product
  • Distribution Channel
  • Region
Breakup by Raw Material
  • Paraffin Wax
  • Soy Wax
  • Beeswax
  • Others
Breakup by Product
  • Container Based
  • Pillar
  • Others
Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online Stores
  • Others
Breakup by Region
  • Baja California
  • Northern Mexico
  • The Bajío
  • Central Mexico
  • Pacific Coast
  • Yucatan Peninsula
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The Yankee Candle Company, Inc.
  • LUMM
  • Alcali Mx
  • AMBIENTAIR AROMAS S.L.
  • GRAN VELADA
  • Our Own Candle Company
  • MVP Group International Company, Inc.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Market Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Latin America Scented Candles Market Overview

    8.1    Key Industry Highlights
    8.2    Latin America Scented Candles Historical Market (2018-2023) 
    8.3    Latin America Scented Candles Market Forecast (2024-2032)
9    Mexico Scented Candles Market Overview
    9.1    Key Industry Highlights
    9.2    Mexico Scented Candles Historical Market (2018-2023) 
    9.3    Mexico Scented Candles Market Forecast (2024-2032)
10    Mexico Scented Candles Market by Raw Material​​​​​​​
    10.1    Paraffin Wax
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032) 
    10.2    Soy Wax
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032) 
    10.3    Beeswax
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032) 
    10.4    Others
11    Mexico Scented Candles Market by Product​​​​​​​
    11.1    Container Based
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Pillar
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Others
12    Mexico Scented Candles Market by Distribution Channel​​​​​​​
    12.1    Hypermarkets and Supermarkets
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Convenience Stores
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Online Stores
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Mexico Scented Candles Market by Region​​​​​​​
    13.1    Baja California
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    Northern Mexico
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    The Bajío
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    Central Mexico
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Pacific Coast
        13.5.1    Historical Trend (2018-2023)
        13.5.2    Forecast Trend (2024-2032)
    13.6    Yucatan Peninsula
        13.6.1    Historical Trend (2018-2023)
        13.6.2    Forecast Trend (2024-2032)
14    Market Dynamics​​​​​​​
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyers Powers 
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape​​​​​​​
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    The Yankee Candle Company, Inc.  
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    LUMM 
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Alcali Mx 
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    AMBIENTAIR AROMAS S.L.  
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    GRAN VELADA  
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Our Own Candle Company  
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    MVP Group International Company, Inc.  
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Key Trends and Developments in the Market​​​​​​​

 

List of Key Figures and Tables

1.    Latin America Scented Candles Market: Key Industry Highlights, 2018 and 2032 
2.    Mexico Scented Candles Market: Key Industry Highlights, 2018 and 2032 
3.    Mexico Scented Candles Historical Market: Breakup by Material (USD Million), 2018-2023 
4.    Mexico Scented Candles Market Forecast: Breakup by Material (USD Million), 2024-2032
5.    Mexico Scented Candles Historical Market: Breakup by Product (USD Million), 2018-2023 
6.    Mexico Scented Candles Market Forecast: Breakup by Product (USD Million), 2024-2032
7.    Mexico Scented Candles Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023 
8.    Mexico Scented Candles Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9.    Mexico Scented Candles Historical Market: Breakup by Region (USD Million), 2018-2023
10.    Mexico Scented Candles Market Forecast: Breakup by Region (USD Million), 2024-2032
11.    Mexico Scented Candles Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 3.3%between 2024 and 2032.

The different distribution channels in the market include hypermarkets and supermarkets, convenience stores, and online stores, among others.

The major products in the market include container based and pillar, among others.

The different raw materials used to make scented candles are paraffin wax, soy wax, and beeswax, among others.

The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.

The key market players are The Yankee Candle Company, Inc., LUMM, Alcali Mx, AMBIENTAIR AROMAS S.L., GRAN VELADA, Our Own Candle Company, and MVP Group International Company, Inc., among others.

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