Latin America Scented Candles Market Size & Outlook
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Latin America scented candles market highlights
- The Latin America scented candles market generated a revenue of USD 268.5 million in 2024.
- The market is expected to grow at a CAGR of 4.1% from 2025 to 2033.
- In terms of segment, container based was the largest revenue generating product in 2024.
- Container Based is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2033.
Latin America data book summary
| Market revenue in 2024 | USD 268.5 million |
| Market revenue in 2033 | USD 380.5 million |
| Growth rate | 4.1% (CAGR from 2025 to 2033) |
| Largest segment | Container based |
| Fastest growing segment | Container Based |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container Based, Pillar, Others Product |
| Key market players worldwide | Newell Brands Inc, Portmeirion Group PLC, The Estee Lauder Companies Inc Class A, Bath & Body Works Inc, NEST New York, Lalique Group, Village Candle, MVP Group International, Diptyque, Thymes |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.0% of the global scented candles market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 749.3 million by 2033.
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Scented Candles Market Scope
Scented Candles Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Thymes | View profile | 51-100 | Minneapolis, Minnesota, United States, North America | http://www.thymes.com |
| MVP Group International | View profile | 251-500 | Charleston, South Carolina, United States, North America | http://www.mvpgroupint.com/ |
| Village Candle | View profile | - | Wells, Maine, United States, North America | https://www.villagecandle.com/ |
| Lalique Group | View profile | 501-1000 | Zürich, Zurich, Switzerland, Europe | https://lalique-group.com/ |
| Portmeirion Group PLC | View profile | 802 | London Road, Stoke-on-Trent, United Kingdom, ST4 7QQ | https://www.portmeiriongroup.com |
| NEST New York | View profile | 101-250 | New York, New York, United States, North America | http://www.nestfragrances.com |
| Diptyque | View profile | 251-500 | Paris, Ile-de-France, France, Europe | https://www.diptyqueparis.com/ |
| Bath & Body Works Inc | View profile | 57157 | Three Limited Parkway, Columbus, OH, United States, 43230 | https://www.bbwinc.com |
| Newell Brands Inc | View profile | 24600 | 6655 Peachtree Dunwoody Road, Atlanta, GA, United States, 30328 | https://www.newellbrands.com |
| The Estee Lauder Companies Inc Class A | View profile | 62000 | 767 Fifth Avenue, New York, NY, United States, 10153 | https://www.elcompanies.com |
Latin America scented candles market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to scented candles market will help companies and investors design strategic landscapes.
Container based was the largest segment with a revenue share of 58.32% in 2024. Horizon Databook has segmented the Latin America scented candles market based on container based, pillar, others product covering the revenue growth of each sub-segment from 2021 to 2033.
The rising number of hotels, restaurants, spa centers, and religious places will drive the growth of the scented candles market in Central & South America. According to the data released by TOP HOTEL PROJECTS Construction database in April 2021, Latin America is expected to add more than 528 hotels with at least 130,422 rooms in the coming years.
Furthermore, Latin America is expected to open 146 projects with 36,143 rooms in 2022. Scented candles are widely used in hotels, spas, restaurants, and religious places. Hotel aesthetics have become important for enhancing the consumer experience.
Scented candles are in high demand throughout Central and Latin America, as people have become more aware of their advantages. Mexico and other Latin American countries import candles in huge quantities from Asian countries like China and India.
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Our clientele includes a mix of scented candles market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America scented candles market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America scented candles market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Latin America scented candles market size, by country, 2021-2033 (US$M)
Latin America Scented Candles Market Outlook Share, 2024 & 2033 (US$M)
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