Asia Pacific Luxury Candle Market Size, Share & Industry Trends Analysis Report By Product, By Distribution Channel (Departmental Stores, Specialty Stores, Stand-Alone Boutiques and Online), By Wax Type, By Country and Growth Forecast, 2023

List of Tables

The Asia Pacific Luxury Candle Market would witness market growth of 10.7% CAGR during the forecast period (2023-2029).

Luxury candle sales are rising due to social media sites like Instagram. With their clean, minimalist packaging and clever use of influencers, independent candle firms like Homesick and Boy Smells, which may have previously only been available online, like Etsy, have become well-known on social media. In addition, millennials make up most of Instagram's user base and spend more than baby boomers on self-care practices.

The market is expected to be driven by the widespread usage of luxury candles, particularly among millennial households, to improve the appearance and ambiance of living spaces. In addition, innovative items have been introduced by fashion companies, independent firms, and beauty merchants to continually draw in new clients and keep the ones they already have. Luxury scented candles are excellent in dispelling odors and giving everyone a special experience in addition to their attractive style. Numerous fragrant combinations have been shown to assist people in achieving a calmer, more balanced frame of mind, which lowers stress levels.

Due to rising organic and natural ingredient demand, high disposable income, and consumer appeal toward luxury goods, Asia-Pacific is experiencing increased demand for luxury candles and goods. In addition, people prefer aromatherapy for their physical and mental well-being due to urbanization, changing lifestyles, and stressful lives. In aromatherapy, candles are essential.

The COVID-19 pandemic has led to mental health issues, and as a result, residents in the region are being exposed to "extraordinary events" more frequently. Numerous manifestations include mental problems like anxiety and depression, physiological effects including interrupted sleep or hunger, and substance abuse. Most people with these symptoms only experience mild, transient symptoms, but a sizeable portion may experience severe mental health issues that call for additional mental health care. There are at-home remedies for these symptoms, one of those being candle therapy, which helps ease anxiety. The market for luxury candles is thus expected to expand in the Asia Pacific region due to people's increasing desire for these therapies.

The China market dominated the Asia Pacific Luxury Candle Market by Country in 2022; thereby, achieving a market value of $75.4 Million by 2029. The Japan market is poised to grow at a CAGR of 10% during (2023 - 2029). Additionally, The India market would exhibit a CAGR of 11.4% during (2023 - 2029).

Based on Product, the market is segmented into Container, Pillar, Votive, Tapers and Others. Based on Distribution Channel, the market is segmented into Departmental Stores, Specialty Stores, Stand-Alone Boutiques and Online. Based on Wax Type, the market is segmented into Paraffin, Soywax, Beeswax, Palm Wax and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LVMH SE, Diptyque SAS (Manzanita Capital UK LLP), Hermes International, Trudon, Ellis Brooklyn, E&B Parfums SL, LUMIRA Co Pty Ltd, Le Labo (The Estee Lauder Companies, Inc.), Byredo (PUIG, S.L.) and Fornasetti S.P.A.

Scope of the Study

Market Segments covered in the Report:

By Product

Container
Pillar
Votive
Tapers
Others

By Distribution Channel

Departmental Stores
Specialty Stores
Stand-Alone Boutiques
Online

By Wax Type

Paraffin
Soywax
Beeswax
Palm Wax
Others

By Country

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

Companies Profiled

LVMH SE
Diptyque SAS (Manzanita Capital UK LLP)
Hermes International
Trudon
Ellis Brooklyn
E&B Parfums SL
LUMIRA Co Pty Ltd
Le Labo (The Estee Lauder Companies, Inc.)
Byredo (PUIG, S.L.)
Fornasetti S.P.A.

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Luxury Candle Market, by Product
- 1.4.2 Asia Pacific Luxury Candle Market, by Distribution Channel
- 1.4.3 Asia Pacific Luxury Candle Market, by Wax Type
- 1.4.4 Asia Pacific Luxury Candle Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview

2.1 Introduction
- 2.1.1 Overview
  - 2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, May - 2022, Oct) Leading Players

Chapter 4. Asia Pacific Luxury Candle Market by Product

4.1 Asia Pacific Container Market by Country
4.2 Asia Pacific Pillar Market by Country
4.3 Asia Pacific Votive Market by Country
4.4 Asia Pacific Tapers Market by Country
4.5 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Luxury Candle Market by Distribution Channel

5.1 Asia Pacific Departmental Stores Market by Country
5.2 Asia Pacific Specialty Stores Market by Country
5.3 Asia Pacific Stand-Alone Boutiques Market by Country
5.4 Asia Pacific Online Market by Country

Chapter 6. Asia Pacific Luxury Candle Market by Wax Type

6.1 Asia Pacific Paraffin Market by Country
6.2 Asia Pacific Soywax Market by Country
6.3 Asia Pacific Beeswax Market by Country
6.4 Asia Pacific Palm Wax Market by Country
6.5 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Luxury Candle Market by Country

7.1 China Luxury Candle Market
- 7.1.1 China Luxury Candle Market by Product
- 7.1.2 China Luxury Candle Market by Distribution Channel
- 7.1.3 China Luxury Candle Market by Wax Type
7.2 Japan Luxury Candle Market
- 7.2.1 Japan Luxury Candle Market by Product
- 7.2.2 Japan Luxury Candle Market by Distribution Channel
- 7.2.3 Japan Luxury Candle Market by Wax Type
7.3 India Luxury Candle Market
- 7.3.1 India Luxury Candle Market by Product
- 7.3.2 India Luxury Candle Market by Distribution Channel
- 7.3.3 India Luxury Candle Market by Wax Type
7.4 South Korea Luxury Candle Market
- 7.4.1 South Korea Luxury Candle Market by Product
- 7.4.2 South Korea Luxury Candle Market by Distribution Channel
- 7.4.3 South Korea Luxury Candle Market by Wax Type
7.5 Singapore Luxury Candle Market
- 7.5.1 Singapore Luxury Candle Market by Product
- 7.5.2 Singapore Luxury Candle Market by Distribution Channel
- 7.5.3 Singapore Luxury Candle Market by Wax Type
7.6 Malaysia Luxury Candle Market
- 7.6.1 Malaysia Luxury Candle Market by Product
- 7.6.2 Malaysia Luxury Candle Market by Distribution Channel
- 7.6.3 Malaysia Luxury Candle Market by Wax Type
7.7 Rest of Asia Pacific Luxury Candle Market
- 7.7.1 Rest of Asia Pacific Luxury Candle Market by Product
- 7.7.2 Rest of Asia Pacific Luxury Candle Market by Distribution Channel
- 7.7.3 Rest of Asia Pacific Luxury Candle Market by Wax Type

Chapter 8. Company Profiles

8.1 LVMH SE
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Recent strategies and developments:
  - 8.1.4.1 Partnerships, Collaborations, and Agreements:
  - 8.1.4.2 Acquisition and Mergers:
8.2 Hermes International
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Regional Analysis
- 8.2.4 Recent strategies and developments:
  - 8.2.4.1 Geographical Expansions:
8.3 Le Labo (The Estee Lauder Companies, Inc.)
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
  - 8.3.5.1 Product Launches and Product Expansions:
8.4 Byredo (PUIG, S.L.)
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Product Category and Regional Analysis
- 8.4.4 Recent strategies and developments:
  - 8.4.4.1 Product Launches and Product Expansions:
8.5 Diptyque SAS (Manzanita Capital UK LLP)
- 8.5.1 Company Overview
- 8.5.2 Recent strategies and developments:
  - 8.5.2.1 Product Launches and Product Expansions:
  - 8.5.2.2 Geographical Expansions:
8.6 LUMIRA Co Pty Ltd
- 8.6.1 Company Overview
- 8.6.2 Recent strategies and developments:
  - 8.6.2.1 Product Launches and Product Expansions:
8.7 Ellis Brooklyn
- 8.7.1 Company Overview
- 8.7.2 Recent strategies and developments:
  - 8.7.2.1 Product Launches and Product Expansions:
8.8 Fornasetti S.P.A.
- 8.8.1 Company Overview
8.9 E&B Parfums SL
- 8.9.1 Company Overview
8.10. Trudon
- 8.10.1 Company Overview

LIST OF TABLES

TABLE 1 Asia Pacific Luxury Candle Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Luxury Candle Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Luxury Candle Market
TABLE 4 Product Launches And Product Expansions- Luxury Candle Market
TABLE 5 Acquisition and Mergers- Luxury Candle Market
TABLE 6 geographical expansions - Luxury Candle Market
TABLE 7 Asia Pacific Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Container Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Container Market by Country, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Pillar Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Pillar Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Votive Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Votive Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Tapers Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Tapers Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 19 Asia Pacific Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 21 Asia Pacific Departmental Stores Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Departmental Stores Market by Country, 2023 - 2029, USD Million
TABLE 23 Asia Pacific Specialty Stores Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Specialty Stores Market by Country, 2023 - 2029, USD Million
TABLE 25 Asia Pacific Stand-Alone Boutiques Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Stand-Alone Boutiques Market by Country, 2023 - 2029, USD Million
TABLE 27 Asia Pacific Online Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Online Market by Country, 2023 - 2029, USD Million
TABLE 29 Asia Pacific Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 31 Asia Pacific Paraffin Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Paraffin Market by Country, 2023 - 2029, USD Million
TABLE 33 Asia Pacific Soywax Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Soywax Market by Country, 2023 - 2029, USD Million
TABLE 35 Asia Pacific Beeswax Market by Country, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Beeswax Market by Country, 2023 - 2029, USD Million
TABLE 37 Asia Pacific Palm Wax Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Palm Wax Market by Country, 2023 - 2029, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Others Market by Country, 2023 - 2029, USD Million
TABLE 41 Asia Pacific Luxury Candle Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Luxury Candle Market by Country, 2023 - 2029, USD Million
TABLE 43 China Luxury Candle Market, 2019 - 2022, USD Million
TABLE 44 China Luxury Candle Market, 2023 - 2029, USD Million
TABLE 45 China Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 46 China Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 47 China Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 48 China Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 49 China Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 50 China Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 51 Japan Luxury Candle Market, 2019 - 2022, USD Million
TABLE 52 Japan Luxury Candle Market, 2023 - 2029, USD Million
TABLE 53 Japan Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 54 Japan Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 55 Japan Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 56 Japan Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 57 Japan Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 58 Japan Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 59 India Luxury Candle Market, 2019 - 2022, USD Million
TABLE 60 India Luxury Candle Market, 2023 - 2029, USD Million
TABLE 61 India Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 62 India Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 63 India Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 64 India Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 65 India Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 66 India Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 67 South Korea Luxury Candle Market, 2019 - 2022, USD Million
TABLE 68 South Korea Luxury Candle Market, 2023 - 2029, USD Million
TABLE 69 South Korea Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 70 South Korea Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 71 South Korea Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 72 South Korea Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 73 South Korea Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 74 South Korea Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 75 Singapore Luxury Candle Market, 2019 - 2022, USD Million
TABLE 76 Singapore Luxury Candle Market, 2023 - 2029, USD Million
TABLE 77 Singapore Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 78 Singapore Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 79 Singapore Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 80 Singapore Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 81 Singapore Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 82 Singapore Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 83 Malaysia Luxury Candle Market, 2019 - 2022, USD Million
TABLE 84 Malaysia Luxury Candle Market, 2023 - 2029, USD Million
TABLE 85 Malaysia Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 86 Malaysia Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 87 Malaysia Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 88 Malaysia Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 89 Malaysia Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 90 Malaysia Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 91 Rest of Asia Pacific Luxury Candle Market, 2019 - 2022, USD Million
TABLE 92 Rest of Asia Pacific Luxury Candle Market, 2023 - 2029, USD Million
TABLE 93 Rest of Asia Pacific Luxury Candle Market by Product, 2019 - 2022, USD Million
TABLE 94 Rest of Asia Pacific Luxury Candle Market by Product, 2023 - 2029, USD Million
TABLE 95 Rest of Asia Pacific Luxury Candle Market by Distribution Channel, 2019 - 2022, USD Million
TABLE 96 Rest of Asia Pacific Luxury Candle Market by Distribution Channel, 2023 - 2029, USD Million
TABLE 97 Rest of Asia Pacific Luxury Candle Market by Wax Type, 2019 - 2022, USD Million
TABLE 98 Rest of Asia Pacific Luxury Candle Market by Wax Type, 2023 - 2029, USD Million
TABLE 99 key Information - LVMH SE
TABLE 100 key information - Hermes International
TABLE 101 Key Information - Le Labo
TABLE 102 Key Information - Byredo
TABLE 103 key Information - Diptyque SAS
TABLE 104 Key Information - LUMIRA Co Pty Ltd
TABLE 105 Key Information - Ellis Brooklyn
TABLE 106 Key Information - Fornasetti S.P.A.
TABLE 107 Key Information - E&B Parfums SL
TABLE 108 Key Information - Trudon

List of Figures

FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, May - 2022, Oct) Leading Players
FIG 5 Recent strategies and developments: Diptyque SAS

Asia Pacific Luxury Candle Market Size, Share & Industry Trends Analysis Report By Product, By Distribution Channel (Departmental Stores, Specialty Stores, Stand-Alone Boutiques and Online), By Wax Type, By Country and Growth Forecast, 2023 - 2029

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