Candles - Pakistan
Pakistan- In the year 2024, the revenue generated in the Candles market Segment in Pakistan amounts to US$37.47m.
- Looking ahead, the market is projected to experience an annual growth rate of 3.77% from 2024 to 2029, as measured by the Compound Annual Growth Rate (CAGR).
- When compared globally, United States leads the way, generating US$2bn in revenue in 2024.
- In terms of per capita figures, each person in Pakistan contributes US$0.15 to the total revenue in the Candles market Segment in 2024.
- Pakistan's candle market is experiencing a surge in demand as consumers seek decorative and scented candles to create a cozy ambiance in their homes.
Definition:
This segment focuses on candles that are used for decorative and celebratory purposes. A candle’s main function is to provide an aesthetic value and/or scent. They can create a soft, warm, or romantic ambiance in any room of the home when lit. The scent of a candle has the power to evoke memories and improve ones’ physical and mental well-being. Included in this segment are container/jar candles, scented candles, tea lights, and taper candles. Votive, novelty, pillar, flameless and floating candles are excluded from this market.
Additional Information:
The Candles subsubsegment consists of revenue and average revenue per capita data. Per capita figures consider the whole population. This subsubsegment includes only business to consumer (B2C) sales. Business to business (B2B) sales (e. g., furniture for coffee shops, offices, etc.) are excluded in the figures shown. For more information on the displayed data, click the info button on the right-hand side of each box. In terms of key players in the furniture market, IKEA is the leading furniture company; however, with the rise of eCommerce, players such as Wayfair are gaining ground.
In-Scope
- Container & Jar Containers
- Scented Candles
- Tea Lights
- Taper Candles
Out-Of-Scope
- Flameless & Floating Candles
- Votive Candles
- Novelty Candles
