Market Forecast By Product Type (Votive, Container Candle, Pillars, Tapers, Others), By Wax (Paraffin, Soy Wax, Beeswax, Palm Wax, Others), By Distribution Channel (Offline, Online) And Competitive Landscape
Product Code: ETC048861 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar Candle Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 13.44% in 2027, following an initial rate of 7.26%, before easing to 5.40% at the end of the period.
Report Name | Qatar Candle Market |
Forecast period | 2025-2031 |
CAGR | 5.89% |
Growing Sector | Home Decor |
The Qatar Candle Market report thoroughly covers the market By Product Type, By Wax, and By Distribution Channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Qatar Candle Market has been rising globally. The increasing adoption of aromatherapy and the growing popularity of decorative candles have been driving the growth of the candle market in Qatar.
According to 6Wresearch, the Qatar Candle Market size is expected to grow at a CAGR of 5.89% during the forecast period of 2025-2031. The market growth can be attributed to factors such as the increasing demand for decorative and aromatic candles, growing tourism, and increasing disposable income. One of the trends witnessed in the Qatar candle market is the increasing demand for eco-friendly and natural candles. Consumers are becoming more aware of the environmental impact of candles and are shifting their preferences towards natural candles made from soy wax, beeswax, and coconut wax.
The demand for candles with unique fragrances and designs is also increasing, mainly because of the popularity of aromatherapy. There are several opportunities in the Qatar candle industry that businesses can tap into. One of the opportunities is the increasing demand for candles in the hospitality industry. Hotels and restaurants use candles for decor purposes, especially during events, while spas use them for aromatherapy. Another opportunity is the growing trend of online shopping. Companies can leverage the growing e-commerce industry in Qatar to increase their sales by offering convenience and flexibility to consumers. Despite the growth, the Qatar candle market faces some challenges. The major challenge is the increasing competition. The market is saturated with both local and international players, and companies must devise unique strategies to stay relevant in the market.
The government has introduced several policies and schemes to boost the candle market. One of the most important policies introduced by the government is the development of the tourism sector. The tourism sector has been growing rapidly in Qatar, and the government has been promoting the country as a tourist destination. These candles are now sold in major tourist destinations, and the demand for them has been increasing steadily. Another policy that has played a significant role in the growth of the Qatar candle market is the support of local industries. The government has introduced various schemes to support local industries and encourage them to produce high-quality products. The Qatar Development Bank has also launched a program that provides funding and support to small and medium enterprises, including candle makers.
The key players in the Qatar candle market include several local and international brands. Some of the most popular local brands include Souq Waqif Boutique Hotels, Al Jaber Gallery, and ACM Qatar. These brands have been instrumental in popularizing the Qatari candles to tourists and have been contributing significantly to the growth of the industry. At the same time, many international brands like Air Wick, Glade, and Bath & Body Works have also entered the Qatari market.
The Qatar Candle Market is poised for significant growth in the coming years. The increasing awareness of the benefits of aromatherapy and the growing demand for organic candles are some of the key drivers of the Qatar Candle Market Growth. Moreover, the rising consumer spending on home decoration and gifting is expected to fuel the demand for candles in the country. The market players are exploring various strategies, including product innovation, partnerships, and acquisitions, to stay competitive in the market.
According to Shubham, Senior Research Analyst, 6Wresearch, the container candle has emerged as a growing segment in the recent past. Additionally, container candles are most suited for home decor, fragrant, and aesthetic purposes.
By Wax, soy wax is dominating the Qatar Candle Market Share over the forecast period. Soy wax, made from soybeans, is eco-friendly, renewable, and burns cleaner than the other wax varieties. Soy wax-infused candles also have longer burn times, making them more cost-effective for consumers, which has led to a surge in the demand for soy wax candles in Qatar.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Candle Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Candle Market - Industry Life Cycle |
3.4 Qatar Candle Market - Porter's Five Forces |
3.5 Qatar Candle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Qatar Candle Market Revenues & Volume Share, By Wax, 2021 & 2031F |
3.7 Qatar Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Qatar Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Candle Market Trends |
6 Qatar Candle Market, By Types |
6.1 Qatar Candle Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Candle Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Qatar Candle Market Revenues & Volume, By Votive, 2021-2031F |
6.1.4 Qatar Candle Market Revenues & Volume, By Container Candle, 2021-2031F |
6.1.5 Qatar Candle Market Revenues & Volume, By Pillars, 2021-2031F |
6.1.6 Qatar Candle Market Revenues & Volume, By Tapers, 2021-2031F |
6.1.7 Qatar Candle Market Revenues & Volume, By Others, 2021-2031F |
6.2 Qatar Candle Market, By Wax |
6.2.1 Overview and Analysis |
6.2.2 Qatar Candle Market Revenues & Volume, By Paraffin, 2021-2031F |
6.2.3 Qatar Candle Market Revenues & Volume, By Soy Wax, 2021-2031F |
6.2.4 Qatar Candle Market Revenues & Volume, By Beeswax, 2021-2031F |
6.2.5 Qatar Candle Market Revenues & Volume, By Palm Wax, 2021-2031F |
6.2.6 Qatar Candle Market Revenues & Volume, By Others, 2021-2031F |
6.3 Qatar Candle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Qatar Candle Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 Qatar Candle Market Revenues & Volume, By Online, 2021-2031F |
7 Qatar Candle Market Import-Export Trade Statistics |
7.1 Qatar Candle Market Export to Major Countries |
7.2 Qatar Candle Market Imports from Major Countries |
8 Qatar Candle Market Key Performance Indicators |
9 Qatar Candle Market - Opportunity Assessment |
9.1 Qatar Candle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Qatar Candle Market Opportunity Assessment, By Wax, 2021 & 2031F |
9.3 Qatar Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Qatar Candle Market - Competitive Landscape |
10.1 Qatar Candle Market Revenue Share, By Companies, 2024 |
10.2 Qatar Candle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |