"Assisting You in Establishing Data Driven Brands"

Home Fragrance Market Size, Share & COVID-19 Impact Analysis, By Product Type [Candles (Unscented and Scented), Room Sprays, Reed Diffusers, Essential Oils, and Incense Sticks], and Distribution Channel (Online and Offline), and Regional Forecast, 2020-2032

Last Updated: April 29, 2024 | Format: PDF | Report ID: FBI102422

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global home fragrance market size was USD 22.89 billion in 2019 and is projected to reach USD 94.39 billion by 2032, exhibiting a CAGR of 5.55% during the forecast period.


Candle and home fragrances are progressively gaining more traction as people give more importance to the maintenance and enhancement of their household. Some of the positive characteristics of the usage of the product are it removes or decreases unpleasant smells, boosts energy, improves mental focus, and assists in bettering the immune system. The thriving growth of the spa industry has a significant contribution to the increasing demand as it is regularly used for making their clients feel relaxed and reducing their stress. For instance, according to the International Spa Association data, the spa industry is continually growing and achieved revenue of USD 17.5 billion in 2018 which rose from 17 billion compared to the previous year.


Shortage of Labor and Disruption in Import-Export Activities amid COVID-19 to Restrain Growth


The outbreak of the novel coronavirus has hurt the candle and fragrance market, owing to the implementation of lockdown and social distancing regulations. This has led to a shortage of labor that has resulted in reduced production volume and high cost of the product. For instance, according to the Economic Times data in May 2020, worker shortage is the biggest difficulty faced by the FMCG sector. Also, Godrej Consumer Product Ltd declared that it is requesting the government to bring back migrant workers by offering safe transportation and incentives. Additionally, Covid-19 has drastically reduced the import and export of goods and raw materials for domestic and international regions which is turning out to be a hampering factor for the production and consumption rate.


HOME FRAGRANCE MARKET LATEST TRENDS


Request a Free sample to learn more about this report.


Increasing Adoption of Innovative Candles and Smart Home Fragrance to Favor Market Growth


Manufacturers are increasingly focusing on the production of innovative home fragrance devices that can be controlled using a smartphone. This presents an opportunity for manufacturers to develop advanced products that will drive market growth during the forecast period.  For instance, in November 2019, Godrej introduced its AER Smart Matic, which is a Bluetooth-enabled automatic fragrance diffuser for use of offices, hotels, households, and others. It can be controlled by a smartphone application that includes attractive features such as the ability to switch on and off, instant spray, and refill/low battery alerts. Additionally, the escalating production of candles with attractive-looking shapes, designs, and various types of scents is expected to boost product demand.


DRIVING FACTORS


Increasing Presence of Youth Population to Favor Growth


The youth population across the globe occupies a large percentage of global employment that is anticipated to have a positive impact on growth. This is attributed to them renting and purchasing apartments and houses on a large scale. For instance, according to the data published by UNICEF in October 2019, South East Asia is projected to be the largest youth labor force having around 1,00,000 people joining the workforce daily. Additionally, a large number of brand-manufacturing products targeting the youth-specific population, in terms of incorporating technology or coming up with attractive looks and designs, is expected to play a crucial role in aiding the candle and home fragrance to gain traction.


Rising Residential Sector to Augment Growth


The increasing construction of new homes resulting in embracing product launches across the globe has a positive influence on gaining more traction. For instance, according to the United States Census Bureau, in November  2020, the United States had 1,413,000 housing completions, while 1,415,000 housing commencements. Additionally, the rising popularity of short-term renting home services such as Airbnb, HomeToGo, FlipKey, and others that provide rental homes to people is assisting in increasing the demand for the products.


RESTRAINING FACTORS


Allergic Reaction to Individuals with Health Complications to Hamper Market Growth


The rising number of people with health complications related to lung issues or diseases such as Asthma, Chronic Obstructive Pulmonary Disease, Pneumonia, and others have resulted in an allergic reaction and negative impact on their health. This is acting as a restraining factor for the home fragrance market growth.


HOME FRAGRANCE MARKET SEGMENTATION


By Product Type Analysis


To know how our report can help streamline your business, Speak to Analyst


The Candle Segment is Likely to Dominate


Based on product type, the market is fragmented into candles, room sprays, reed diffusers, essential oils, and incense sticks.


The candle segment is estimated to be the leading segment owing to the large demand for candles in traditional and spiritual practices. Similarly, the popularity of the usage of scented candles as a home fragrance is expected to further boost the consumption of this segment.


Based on candles, the market is bifurcated into unscented and scented. Unscented is projected to be the greater segment on account of the product being largely used as a source of light, especially in the rural places of underdeveloped and developing countries across the globe.


The scented segment is expected to showcase a robust presence as people are becoming more aware of the various positive attributes of the use of the product, including making people feel relaxed, and energized, and helping to boost brainpower.


Room sprays, reed diffusers, essential oils, and incense sticks have demonstrated significant growth in the market owing to their ability to fill the room with fragrance in a short amount of time and their ability to diffuse the amount of scent as per the user's requirement. 


By Distribution Channel Analysis


Offline Segment Holds the Highest Market Share


By distribution channel, the market is divided into offline and online.


The offline segment is estimated to be the dominant due to the presence of a wide variety of candles and home fragrances under one roof which makes it a more desirable choice to a large number of consumers compared to offline shops.


The online segment is expected to showcase substantial growth owing to the increasing adoption of smartphones and the rising number of busy working professionals who prefer using an online channel to help save their time.


HOME FRAGRANCE MARKET REGIONAL INSIGHTS


North America Home Fragrance Market Size, 2019 (USD Billion)

To get more information on the regional analysis of this market, Request a Free sample


Europe is estimated to exhibit a considerable presence in the home fragrance market owing to the increasing spending on home care and maintenance products, including fragrances for the home. For instance, according to the IKW 2019 Annual Report, Germany is estimated to generate sales revenue of around USD 21.63 billion on its beauty and home care products. Additionally, the usage of candlelight as part of the tradition in countries of this region is expected to escalate the demand for these fragrances. For instance, according to the Ministry of Environment and Food Denmark data in November 2018, Denmark had the highest consumption of candles with 39% of its population using candles daily, as they embraced the adoption of candles as part of their tradition.


The North American market stood at USD 8,430 million in 2019 and is the dominating region. The candle industry still retains a robust presence in this region. Additionally, the candle products are popularly used by consumers to make their room feel cozy and comfortable in dating scenarios. For instance, according to the National Candle Association data, in 2018, the United States candle sales experienced a growth of 3.2% which is evaluated to be around USD 1.2 billion. Additionally, the rising popularity of the usage of the product, especially among luxurious homeowners in this region, has helped to upsurge the consumption rate of the candle and home fragrance product. For instance, according to the data issued by USA Today in November 2018, the United States is estimated to have around  400,702 homes that are worth one million dollars.


Asia Pacific is projected to experience significant growth in the forthcoming years due to the large religious festival such as Diwali has propelled the consumption of candles in the region. For instance, according to the data issued by India Today in November 2018, states that like India, ten countries celebrated Diwali, out of which five countries are from Asia Pacific region. These countries include Indonesia, Malaysia, Nepal, Sri Lanka, and Singapore. Additionally, domestic brands such as Nyassa, Lalique, Soohyang, and others are generating more traction among consumers of the region by offering a wide range of attractive products. For instance, Lalique offers multiple scented candles such as the Macallan Angels' Share, The Night, The Volcano, The Snow, and others that have their unique fragrance.


To know how our report can help streamline your business, Speak to Analyst


The Middle East & Africa and South America are likely to showcase a substantial rise owing to the developed countries such as Qatar, United Arab Emirates, Israel, and others, maintaining a proper hygienic lifestyle. Additionally, the rising urbanization in South America is leading to an increase in the consumption of candles and home fragrance. For instance, according to Trading Economics, 86.82% of the population in Brazil resides in urban areas.


KEY INDUSTRY PLAYERS


Key Players Moving Towards Organic Based Product to Amplify their Market Positions


The increasing number of manufacturers drifting towards the production of natural/organic based candle and home fragrance products, which are less toxic to humans, is likely to have a positive impact in generating more traction. For instance, Mysore Chandan comes up with Sandalwood Organic Room Spray that is less harmful than chemical-based products and has the goodness of sandalwood and patchouli to help warm the heart, along with the freshness of orange.


LIST OF KEY MARKET PLAYERS PROFILED:



  • The Procter & Gamble Company (Cincinnati, Ohio, US)

  • The 3M Company (Saint Paul, Minnesota, USA)

  • S. C. Johnson & Son, Inc. ( Racine, Wisconsin, USA)

  • Reckitt Benckiser Group plc (Slough, UK)

  • Newell Brands (Atlanta, Georgia, USA)

  • Circle E Candles (Houston, USA)

  • Esteban Paris (France)

  • Broken Top Candle Company (Oregon, USA)

  • Bridgewater Candle Company (South Carolina, USA)

  • The Copenhagen Candle Company LTD (HA, United Kingdom)


KEY INDUSTRY DEVELOPMENTS:



  • September 2019 – Mark Buxton announced its collaboration with Norlan for the production of the three new room fragrances.

  • August 2019 – Givaudan announced the acquisition of a brand called Fragrance Oils. This development is expected to reinforce its presence in the U.K., South East Asia, and Africa.   


REPORT COVERAGE


An Infographic Representation of Home Fragrance Market

To get information on various segments, share your queries with us



The home fragrance market research report provides a detailed analysis of the market and focuses on key aspects such as leading companies, end-users, and product types. Besides this, the report offers insights into the home fragrance market trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several key factors that have contributed to the growth of the advanced market over recent years.


Report Scope & Segmentation














































  ATTRIBUTE



  DETAILS



Study Period



  2016-2027



Base Year



  2019



Forecast Period



  2020-2027



Historical Period



  2016-2018



Unit



  Value (USD Billion)



Segmentation



  By Product Type, Distribution Channel, and Geography



By Product Type


 




  • Candles

    • Unscented

    •  Scented



  • Room Sprays

  • Reed Diffuser

  • Essential Oils

  • Incense Sticks



By Distribution Channel


 




  • Offline Channels

  • Online Channel



By Geography


 




  • North America

    • By Product Type

    • By Distribution Channel

    • By Country

      • USA

        • By Product Type



      • Canada

        • By Product Type



      • Mexico

        • By Product Type







  • Europe

    • By Product Type

    • By Distribution Channel

    • By Country

      • Germany

        • By Product Type



      • France

        • By Product Type



      • Italy

        • By Product Type



      • Spain

        • By Product Type



      • U.K.

        • By Product Type



      • Rest of Europe

        • By Product Type








 



  • Asia Pacific

    • By Product Type

    • By Distribution Channel

    • By Country

      • China

        • By Product Type



      • India

        • By Product Type



      • Japan

        • By Product Type



      • Australia

        • By Product Type



      • Rest of Asia Pacific

        • By Product Type







  • South America

    • By Product Type

    • By Distribution Channel

    • By Country

      • Brazil

        • By Product Type



      • Argentina

        • By Product Type



      • Columbia

        • By Product Type



      • Peru

        • By Product Type



      • Chile

        • By Product Type



      • Rest of South America

        • By Product Type







  • Middle East & Africa

    • By Product Type

    • By Distribution Channel

    • By Country

      • South Africa

        • By Product Type



      • UAE

        • By Product Type



      • Rest of Middle East & Africa

        • By Product Type












Frequently Asked Questions

Fortune Business Insights says that the market size was USD 22.89 billion in 2019 and is projected to reach USD 27.63 billion by 2027.

In 2019, the North America market value stood at USD 8.43 billion.

Growing at a CAGR of 3.1%, the market will exhibit steady growth in the forecast period (2020-2027).

The candle segment is projected to be the leading segment in this market during the forecast period under product type segmentation

The rising adoption of a hygienic lifestyle is the major factor driving the growth of the market.

Procter and Gamble, Seda France, Inc., and S. C. Johnson & Son are few major players in the North America Market.

North America dominated the market share in 2019.

The rising awareness of the enhancement of various mental health issues is expected to drive the adoption of the product.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • REPORT UPDATE
    IN PROCESS
  • 2019-2032
    (In Process)
  • 2023
    (In Process)

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Consumer Goods Clients

SPG
Edenred
Oecc
Health Canada
Wepa

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X