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Stock impact report

Global Scented Candle Market Report 2024-2033 Featuring California Exotic Novelties, Colonial Candles, CoScentrix, Diptyque Paris, and Himalayan Trading Post [Yahoo! Finance]

Newell Brands Inc. (NWL) 
Last newell brands inc. earnings: 5/1 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The scented candle market has grown strongly in recent years. It will grow from $3.91 billion in 2023 to $4.14 billion in 2024 at a compound annual growth rate (CAGR) of 6%. The expansion observed in the historical period can be attributed to trends in aesthetics and decor, the increasing emphasis on wellness and stress relief, seasonal and holiday demand fluctuations, the popularity of gifting and personalization, and the evolution of fragrance preferences. The scented candle market is expected to see strong growth in the next few years. It will grow to $5.22 billion in 2028 at a compound annual growth rate (CAGR) of 6%. The anticipated growth in the forecast period can be attributed to the emphasis on wellness and mindfulness practices, ongoing innovation in fragrances, the continued influence of seasonal and occasional demand, the rising popularity of personalization and customization, and a growing commitment to sustainability and eco-friendly practices. Major trends expected i Show less Read more
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