Latest business intelligence report released on Global Tea Light Candles Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Tea Light Candles market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
The Yankee Candle Co., Inc. (United States), PartyLite Gifts, Inc. (United States), Soyworx (United States), Yummi Candles (Canada), Blyth, Inc.(United States) , Bolsius International BV (The Netherlands), Colonial Candle (United States), Candle-lite(United States), Gies Kerzen GmbH (Germany), Vollmar GmbH (Germany), China King King Candles (China), Gold Canyon Candles (Canada), Hollowick, Inc. (United States)
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Brief Overview on Tea Light Candles:
Tea Light Candles are candles in a thin metal or plastic cup so that the candle can liquefy completely while lit. These candles are typically small, circular, wider than their height and inexpensive. These candles are easier to use and less messy. The increasing use of the small white or colored or scented tea light candles has driven the market globally. A tea light gets its name from its use in teapot warmers, but it can also be used to warm food in general, such as fondue. Tealights are available in a range of shapes and sizes, as well as burn times and scents. The most popular tealight, however, is made of white unscented wax and measures 38 mm in diameter by 16 mm in height. Depending on the wax used, a regular tea light has a power output of about 32 watts, with a typical burn time of 3-5 hours.
Key Market Trends:
Changing The Lifestyle Of People In Growing Economies
Opportunities:
Demand For Scented and Organic Tea Light Candles
Low Cost of Products
Market Growth Drivers:
Growing Urbanization and Increasing Disposable Incomes
Increasing Use of Colored Tea Light Candles to Enhance the Surrounding View
Challenges:
Presence of Many Local Competitors
Segmentation of the Global Tea Light Candles Market:
by Type (Circle Shaped, Heart-Shaped, Other), Application (Home, Commercial), Distribution Channel (Offline, Online), Material Type (Soy Wax, Paraffin Wax, Synthetic, Palm Wax, Beeswax, Other)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2026 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Tea Light Candles Market Study
Chapter 1: Exclusive Summary of the Tea Light Candles market
Chapter 2: Objective of Study and Research Scope the Tea Light Candles market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2026
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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