According to Cognitive Market Research, The Global Candle Moulds market will be USD XX billion in 2023 and will increase at a compound annual growth rate (CAGR) of 5.30% from 2023 to 2030.
Candle Moulds market will increase at a compound annual growth rate (CAGR) of 5.30% from 2023 to 2030.
As disposable income increases, more people are expected to decorate their homes, which will increase demand for candles worldwide.
Over the past few years, as smaller candle producers began selling their products online, e-commerce sales have soared.
Several factors led to North America dominating the market and contributing more than 35% of global revenue in 2023, claim Cognitive Market Research.
Many key market players are focusing on research and development to create more efficient and attractive molds for the market.
