MARKET DEFINITION

Flameless candles energize, and create a calming atmosphere in our surroundings. Flameless candles are employed in both domestic and professional settings, including ceremonies, events, and other special occasions. The subject of home decor as a whole greatly benefits from technological advancement. The remote-control capability in the candles adds to their impressiveness. Additionally, the candles can be installed in smart homes powered by IoT.

MARKET DYNAMICS  

The changing consumer preferences and attractiveness toward technology will be driving the Flameless Candles Market. The demand for flameless candles comes largely from the hospitality sector due to the no wear and tear feature of the Flameless Candles. The Flameless can be used in windy areas in open space where normal candle stops functioning. The remote-control mode that gives rise to different periodical lighting modes is one of the fueling drivers for the market.

REPORT SCOPE  

The report titled “Global Flameless Candles Market – Size, Share, Growth, Opportunities, and Competitive Analysis, 2022 – 2028” offers strategic visions into the global Flameless Candles market along with the market size (Value in “US$ Mn”) for the historical period 2017 to 2021 and estimates for the forecast period 2022 to 2028. The RI report is an in-depth study of the global Flameless Candles market with a strong focus on key market trends, vital player strategies, and market forecasts. The study also covers key market dynamics, including drivers, restraints, opportunities, challenges, and existing and upcoming pathways that help CXOs make critical business decisions effectively. The global Flameless Candles Market is predicted to grow at a significant CAGR over the forecast period from 2022 to 2028.

GEOGRAPHICAL OVERVIEW  

The research report includes a detailed overview of the industry comprising quantitative and qualitative information. It gives a broad overview of the worldwide market forecasts for major segments. It also includes market size and forecast projections for five key regions: North America, Europe, Asia-Pacific (APAC), South America, and the Middle East & Africa (MEA), for the years 2017 to 2028. The market is further divided by categories and countries within each province. The research scrutinizes and forecasts over 20 nations worldwide, as well as the present trend and possibilities in these regions.

MARKET SEGMENTATION

The Global Flameless Candles Market is segmented based on Sales Channel, End User, and region. Based on Sales Channel, the market has been segmented into Third Party E-Commerce Websites, Company Websites, Specialty Stores and Others, whereas based on End User, the market comprises Household and Commercial.

COMPETITION LANDSCAPE  

The RI research report discusses noteworthy developments in the industry as well as organic and inorganic growth strategies being adopted by the Flameless Candles market players. The report covers industry activities, including new product launches, mergers & acquisitions, business partnerships, and various expansion initiatives being undertaken by the active players in the market. These developments pave the path for various market participants to strengthen their positioning as well as expand their consumer base. The positive market outlook for the global Flameless Candles market is anticipated to present lucrative growth opportunities to the market players. The report also offers detailed profiles of major players in the global Flameless Candles market, emphasizing the strategic initiatives, financial information, SWOT analysis, and key development in the Flameless Candles industry in the past three years.

Key players in the Global Flameless Candles Market have adopted various organic as well as inorganic growth strategies to strengthen their market positioning. Prominent players in the market include:

• IKEA United Kingdom
• Wilko
• T&H Candles Corp
• Smart Candle Infom
• National Artcraft Co.
• Alcyon
• PK Green Enterprise Ltd
• Battery Operated Candles
• The Glow Company UK Ltd.
• AuraDecor

COVID-19 IMPACT ANALYSIS ON GLOBAL FLAMELESS CANDLES MARKET

The COVID-19 pandemic is still a very personal, individual experience that is also a once-in-a-lifetime worldwide phenomenon with far-reaching consequences. The epidemic has wreaked havoc on people's lives in all nations and communities and also had a negative impact on global economic development in 2020, unlike anything seen in almost a century. The pandemic severely impacted key economies such as India, Brazil, the U.S., France, Russia, the UK, Italy, Turkey, and Argentina. According to estimates, the virus slowed global economic growth by -3.4 percent to -7.6 percent in 2020, with a rebound of 4.2 percent to 5.6 percent expected in 2021. In 2020, global commerce was expected to decline by 5.3 percent, but it is expected to rise by 8.0 percent in 2021.

In contrast to the global economic downturn in the first half of 2020, the economy began to showcase symptoms of a two-track recovery post the second quarter of 2020, with a fledgling rebound in developed nations, however, slower growth in emerging economies. The outbreak of the Covid-19 pandemic has not only resulted in halted production activity but has also disrupted the global supply chain. The research goes on to evaluate the current and future implications of the COVID-19 pandemic both on the target as well as broader market, thereby, providing accurate and trustworthy forecasts.

RESEARCH PROGRAM DESIGN

KEY QUESTIONS ANSWERED  

1. What is the current size of the global Flameless Candles market?
2. What will be the growth rate of the market over the forecast period?
3. Who are the key manufacturers/vendors in the Flameless Candles market space?
4. What are the major market opportunities and market risks faced by the market?
5. What is the impact of COVID-19 on the market?
6. What are the revenue, sales, and price analysis of the top manufacturers in this market?
7. What are the key outcomes of Porter's five forces model?
8. Who are the distributors, traders, and vendors in the industry?

REASONS FOR BUYING THIS REPORT:

• The report offers comprehensive data on the Flameless Candles market elaborating on the current state and future growth prospects both globally and regionally
• It offers a six-year market forecast trend evaluating the impact of drivers and restraints and supporting factors for growth
• The report offers deep-dive insights into each market segment and critical factors responsible for its growth
• The report presents precise picture of the dynamic competitive landscape which helps our client advance their market position
• The comprehensive analysis of the market along with the inclusion of analyst recommendations ensures that our clients make informed business decisions
• Cross-segment country-level analysis included in the report which provides granular analysis of more than 20+ countries covered in the report scope
• The study includes detailed profiles of major manufacturers to help our readers gain holistic overview of the market competitors and consequently align their business strategies

Chapter 1. Executive Summary
1.1. Market Outlook
1.2. Market Segment Outlook
1.3. Geography Outlook
1.4. Absolute $ Opportunity

Chapter 2. Research Methodology
2.1. Research Approach
2.2. Scope, Definition, and Assumptions
2.3. Data Sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary Data Mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective

Chapter 3. Market Outlook
3.1. Introduction
3.2. Key Trends
3.2.1. Sales Channel Trends
3.2.2. End User Trends
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.1.1. Impact Analysis of Market Drivers
3.3.2. Market Restraints
3.3.2.1. Impact Analysis of Market Restraints
3.3.3. Market Opportunities
3.3.3.1. Impact Analysis of Market Opportunities
3.3.4. Market Challenges
3.3.4.1. Impact Analysis of Market Challenges
3.4. Porter’s Five Forces’ Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of New Entrant
3.4.4. Threat of Substitutes
3.4.5. Competitive Rivalry
3.5. Value Chain Analysis: Global Flameless Candles Market
3.6. COVID-19 Impact Assessment in Flameless Candles Market
3.6.1. Impact Assessment on Global Flameless Candles Market
3.6.2. Market Trends and Opportunities in the Covid-19 Landscape

Chapter 4. Global Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
4.1. Global Flameless Candles Market Share, By Sales Channel, 2017 - 2028 (USD Million)
4.1.1. Third Party E-Commerce Websites
4.1.2. Company Websites
4.1.3. Specialty Stores
4.1.4. Others

Chapter 5. Global Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
5.1. Global Flameless Candles Market Share, By End User, 2017 - 2028 (USD Million)
5.1.1. Household
5.1.2. Commercial

Chapter 6. Global Flameless Candles Market Overview, By Geography, 2017 - 2028 (USD Million)
6.1. Global Flameless Candles Market Share, By Geography, 2017 - 2028 (USD Million)
6.1.1. Market End User and Projections, by Countries, 2017 - 2028 (USD Million)
6.1.2. Market Share and CAGR Comparison, by Countries, 2021 (%)

Chapter 7. North America Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
7.1. North America Flameless Candles Market Overview, 2017 - 2028 (USD Million)
7.1.1. Market End User and projections, 2017 - 2028 (USD Million)
7.1.2. North America Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
7.1.3. North America Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
7.2. North America Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
7.2.1. U.S. Flameless Candles Market Overview, 2017 - 2028 (USD Million)
7.2.1.1. U.S. Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
7.2.1.2. U.S. Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
7.2.2. Canada Flameless Candles Market Overview, 2017 - 2028 (USD Million)
7.2.2.1. Canada Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
7.2.2.2. Canada Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
7.2.3. Mexico Flameless Candles Market Overview, 2017 - 2028 (USD Million)
7.2.3.1. Mexico Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
7.2.3.2. Mexico Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 8. Europe Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
8.1. Europe Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.1.1. Market End User and projections, 2017 - 2028 (USD Million)
8.1.2. Europe Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.1.3. Europe Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2. Europe Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
8.2.1. Germany Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.1.1. Germany Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.1.2. Germany Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.2. France Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.2.1. France Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.2.2. France Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.3. UK Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.3.1. UK Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.3.2. UK Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.4. Italy Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.4.1. Italy Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.4.2. Italy Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.5. Spain Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.5.1. Spain Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.5.2. Spain Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.6. NORDIC Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.6.1. NORDIC Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.6.2. NORDIC Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.7. Russia and CIS Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.7.1. Russia and CIS Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.7.2. Russia and CIS Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
8.2.8. Rest of Europe Flameless Candles Market Overview, 2017 - 2028 (USD Million)
8.2.8.1. Rest of Europe Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
8.2.8.2. Rest of Europe Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 9. Asia Pacific Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
9.1. Asia Pacific Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.1.1. Market End User and projections, 2017 - 2028 (USD Million)
9.1.2. Asia Pacific Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.1.3. Asia Pacific Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
9.2. Asia Pacific Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
9.2.1. India Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.2.1.1. India Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.2.1.2. India Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.2. China Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.2.2.1. China Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.2.2.2. China Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.3. Japan Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.2.3.1. Japan Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.2.3.2. Japan Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.4. ASEAN Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.2.4.1. ASEAN Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.2.4.2. ASEAN Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.5. South Korea Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.2.5.1. South Korea Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.2.5.2. South Korea Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.6. Australia Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.2.6.1. Australia Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.2.6.2. Australia Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
9.2.7. Rest of Asia Pacific Flameless Candles Market Overview, 2017 - 2028 (USD Million)
9.2.7.1. Rest of Asia Pacific Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
9.2.7.2. Rest of Asia Pacific Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 10. South America Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
10.1. South America Flameless Candles Market Overview, 2017 - 2028 (USD Million)
10.1.1. Market End User and projections, 2017 - 2028 (USD Million)
10.1.2. South America Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
10.1.3. South America Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
10.2. South America Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
10.2.1. Brazil Flameless Candles Market Overview, 2017 - 2028 (USD Million)
10.2.1.1. Brazil Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
10.2.1.2. Brazil Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.2. Argentina Flameless Candles Market Overview, 2017 - 2028 (USD Million)
10.2.2.1. Argentina Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
10.2.2.2. Argentina Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
10.2.3. Rest of South America Flameless Candles Market Overview, 2017 - 2028 (USD Million)
10.2.3.1. Rest of South America Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
10.2.3.2. Rest of South America Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 11. Middle East & Africa Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
11.1. Middle East & Africa Flameless Candles Market Overview, 2017 - 2028 (USD Million)
11.1.1. Market End User and projections, 2017 - 2028 (USD Million)
11.1.2. Middle East & Africa Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
11.1.3. Middle East & Africa Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
11.2. Middle East & Africa Flameless Candles Market Overview, By Countries, 2017 - 2028 (USD Million)
11.2.1. GCC Flameless Candles Market Overview, 2017 - 2028 (USD Million)
11.2.1.1. GCC Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
11.2.1.2. GCC Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
11.2.2. South Africa Flameless Candles Market Overview, 2017 - 2028 (USD Million)
11.2.2.1. South Africa Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
11.2.2.2. South Africa Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)
11.2.3. Rest of Middle East & Africa Flameless Candles Market Overview, 2017 - 2028 (USD Million)
11.2.3.1. Rest of Middle East & Africa Flameless Candles Market Overview, By Sales Channel, 2017 - 2028 (USD Million)
11.2.3.2. Rest of Middle East & Africa Flameless Candles Market Overview, By End User, 2017 - 2028 (USD Million)

Chapter 12. Competitive Landscape
12.1. Competitive Environment, 2021
12.2. Strategic Framework
12.2.1. Partnership/Collaborations/Agreement
12.2.2. Expansion
12.2.3. Mergers & Acquisitions
12.2.4. New Product Development

Chapter 13. Key Vendor Analysis
13.1. IKEA United Kingdom
13.1.1. Business Overview
13.1.2. Product Benchmarking
13.1.3. Financial Data
13.1.4. Strategic Overview
13.1.5. Key Developments
13.1.6. SWOT Analysis
13.2. Wilko
13.2.1. Business Overview
13.2.2. Product Benchmarking
13.2.3. Financial Data
13.2.4. Strategic Overview
13.2.5. Key Developments
13.2.6. SWOT Analysis
13.3. T&H Candles Corp
13.3.1. Business Overview
13.3.2. Product Benchmarking
13.3.3. Financial Data
13.3.4. Strategic Overview
13.3.5. Key Developments
13.3.6. SWOT Analysis
13.4. Smart Candle Infom
13.4.1. Business Overview
13.4.2. Product Benchmarking
13.4.3. Financial Data
13.4.4. Strategic Overview
13.4.5. Key Developments
13.4.6. SWOT Analysis
13.5. National Artcraft Co.
13.5.1. Business Overview
13.5.2. Product Benchmarking
13.5.3. Financial Data
13.5.4. Strategic Overview
13.5.5. Key Developments
13.5.6. SWOT Analysis
13.6. Alcyon
13.6.1. Business Overview
13.6.2. Product Benchmarking
13.6.3. Financial Data
13.6.4. Strategic Overview
13.6.5. Key Developments
13.6.6. SWOT Analysis
13.7. PK Green Enterprise Ltd
13.7.1. Business Overview
13.7.2. Product Benchmarking
13.7.3. Financial Data
13.7.4. Strategic Overview
13.7.5. Key Developments
13.7.6. SWOT Analysis
13.8. Battery Operated Candles
13.8.1. Business Overview
13.8.2. Product Benchmarking
13.8.3. Financial Data
13.8.4. Strategic Overview
13.8.5. Key Developments
13.8.6. SWOT Analysis
13.9. The Glow Company UK Ltd.
13.9.1. Business Overview
13.9.2. Product Benchmarking
13.9.3. Financial Data
13.9.4. Strategic Overview
13.9.5. Key Developments
13.9.6. SWOT Analysis
13.10. AuraDecor
13.10.1. Business Overview
13.10.2. Product Benchmarking
13.10.3. Financial Data
13.10.4. Strategic Overview
13.10.5. Key Developments
13.10.6. SWOT Analysis

Chapter 14. Future Outlook of the Market
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