India Candle Market 2030: The Rise of Scented Serenity
India Candle Market Overview The India candle market was valued at USD 736.9 million in 2023 and is projected to expand at a Compound Annual Growth Rate (CAGR) of 9.4% from 2024 to 2030. This growth is primarily driven by the increasing use of candles in both domestic and commercial sectors across the country. The rising popularity of scented candles, their application in home décor, and their incorporation in therapeutic spa settings are major contributing factors. Candles are widely used in resorts, hospitality venues, hotels, and restaurants due to their strong aesthetic appeal. Moreover, shifting consumer behavior aligned with home décor trends and societal preferences has played a pivotal role in market expansion. India accounted for 5.48% of the global scented candles market in 2023. The use of candles to support mental well-being and self-care routines, combined with growing consumer awareness, rising disposable income, and increased spending on home renovations ...