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Peru Candle Market

Peru Candle Market Size, Share, Trends, Growth, Analysis: By Product Type: Pillars, Votive, Tapers, Container Candles, Others; By Raw Material: Beeswax, Palm Wax, Soy Wax, Paraffin Wax, Others; By Distribution Channel: Online, Offline; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Peru Candle Market Outlook

The Peru candle market size is projected to grow at a CAGR of 4.4% between 2024 and 2032. The market is being driven by the growing popularity of multisensory candles and the rising trend of sustainability.

 

Key Takeaways: 

  • Container candles are expected to constitute a major portion of the Peru candle market share.
  • Online distribution channels are expected to dominate the market over the forecast period.
  • Multicoloured candles are an integral part of the celebration of some of Peru’s religious festivals.

 

Many companies are focusing on creating innovative candles that mimic famous artists, food items, or other objects, which is contributing towards their increasing popularity in the Peruvian market. Moreover, sustainability is emerging as one of the key themes in the market, with companies utilising palm wax, beeswax, and other sustainable raw materials to make candles. This enhances the consumer appeal for candles, which waft a natural scent and leave no carbon residues behind. This is expected to drive the Peru candle market expansion over the forecast period.

 

Multisensory candles have become highly popular due to their ability to attract various human senses through their noise, smell, and music. Subscription-based candle service providers are witnessing a huge surge in demand for personalised candles. The rise of candle-making kits is also driving the Peru candle market growth as consumers are focusing on self-manufacturing customised candles within their homes.

 

The increasing demand for organic and cruelty-free candles is also emerging as a key driver of the Peru candle market growth as consumers are shifting towards the usage of natural products and ingredients to minimise their environmental footprint.

 

Peru Candle Market

 

Market Segmentation

Peru Candle Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Product Type

  • Pillars
  • Votive
  • Tapers
  • Container Candles
  • Others

 

Market Breakup by Raw Material

  • Beeswax
  • Palm Wax
  • Soy Wax
  • Paraffin Wax
  • Others

 

Market Breakup by Distribution Channel

  • Online
  • Offline

 

The key Peru candle market players are PATAGONIA CANDLES, and The Yankee Candle 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:

  • Product Type
  • Raw Material
  • Distribution Channel
Breakup by Product Type
  • Pillars
  • Votive
  • Tapers
  • Container Candles
  • Others
Breakup by Raw Material
  • Beeswax
  • Palm Wax
  • Soy Wax
  • Paraffin Wax
  • Others
Breakup by Distribution Channel
  • Online
  • Offline
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
  • PATAGONIA CANDLES
  • The Yankee Candle 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 Candle Market Overview

    8.1    Key Industry Highlights
    8.2    Latin America Candle Historical Market (2018-2023)
    8.3    Latin America Candle Market Forecast (2024-2032)
9    Peru Candle Market Overview
    9.1    Key Industry Highlights
    9.2    Peru Candle Historical Market (2018-2023)
    9.3    Peru Candle Market Forecast (2024-2032)
10    Peru Candle Market by Product Type
    10.1    Pillars
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Votive
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Tapers
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Container Candles
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Peru Candle Market by Raw Material
    11.1    Beeswax
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Palm Wax
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Soy Wax
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Paraffin Wax
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Others 
12    Peru Candle Market by Distribution Channel
    12.1    Online
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Offline
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyers Powers
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Value Chain Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    PATAGONIA CANDLES
            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    The Yankee Candle Company, Inc.
            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    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Latin America Candle Market: Key Industry Highlights, 2018 and 2032
2.    Peru Candle Market: Key Industry Highlights, 2018 and 2032
3.    Peru Candle Historical Market: Breakup by Product Type (USD Million), 2018-2023
4.    Peru Candle Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5.    Peru Candle Historical Market: Breakup by Raw Material (USD Million), 2018-2023
6.    Peru Candle Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
7.    Peru Candle Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8.    Peru Candle Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9.    Peru Candle Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4.4% between 2024 and 2032.

The different raw materials in the market include beeswax, palm wax, soy wax, and paraffin wax, among others.

The different segments considered in the market report are Pillars, votive, tapers, and container candles, among others.

The key market players are PATAGONIA CANDLES, and The Yankee Candle Company, Inc., among others.

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