| Product Code: ETC4755635 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal`s candle wicks import market saw a shift in concentration levels from high to moderate in 2024, indicating a more diversified import landscape. Top exporting countries such as China, Spain, Germany, Italy, and Japan continue to play a significant role in supplying candle wicks to Portugal. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.91%, showing steady growth over the period. However, there was a slight decline in the growth rate from 2023 to 2024 at -0.67%, highlighting a potential slowdown in the market.
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 Portugal Candle Wicks Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Candle Wicks Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Candle Wicks Market - Industry Life Cycle |
3.4 Portugal Candle Wicks Market - Porter's Five Forces |
3.5 Portugal Candle Wicks Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Portugal Candle Wicks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Candle Wicks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer preference for eco-friendly and sustainable products |
4.2.2 Increasing demand for scented candles and home fragrance products |
4.2.3 Rising popularity of DIY candle making kits |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as soy wax and essential oils |
4.3.2 Intense competition from imported candle wicks and finished candles |
4.3.3 Stringent regulations on the use of certain fragrance oils and additives |
5 Portugal Candle Wicks Market Trends |
6 Portugal Candle Wicks Market Segmentations |
6.1 Portugal Candle Wicks Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Candle Wicks Market Revenues & Volume, By Cotton Wick, 2021-2031F |
6.1.3 Portugal Candle Wicks Market Revenues & Volume, By Wooden Wick, 2021-2031F |
6.1.4 Portugal Candle Wicks Market Revenues & Volume, By Others, 2021-2031F |
6.2 Portugal Candle Wicks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Portugal Candle Wicks Market Revenues & Volume, By Home Use, 2021-2031F |
6.2.3 Portugal Candle Wicks Market Revenues & Volume, By Business Use, 2021-2031F |
7 Portugal Candle Wicks Market Import-Export Trade Statistics |
7.1 Portugal Candle Wicks Market Export to Major Countries |
7.2 Portugal Candle Wicks Market Imports from Major Countries |
8 Portugal Candle Wicks Market Key Performance Indicators |
8.1 Number of eco-certified candle wick suppliers in the market |
8.2 Percentage of market share captured by local candle wick manufacturers |
8.3 Average number of new candle wick product launches per quarter |
8.4 Growth rate of online sales channels for candle wicks in Portugal |
9 Portugal Candle Wicks Market - Opportunity Assessment |
9.1 Portugal Candle Wicks Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Portugal Candle Wicks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Candle Wicks Market - Competitive Landscape |
10.1 Portugal Candle Wicks Market Revenue Share, By Companies, 2024 |
10.2 Portugal Candle Wicks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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