Vietnam: Candles Market - Analysis, Size, Trends, Consumption, and Forecast
The Vietnamese Candles Market Report Description
This report presents a comprehensive overview of the Vietnamese candles market, the impact of COVID-19 on it, and a forecast for the market development in the medium term. The report provides a strategic analysis of the candles market in Vietnam and describes the main market participants, growth and demand drivers, challenges, and all other factors, influencing the development of the market.
The report covers candles (blocks of wax with an embedded wick; including: container and jar candles, scented candles, tea lights, taper candles; excluding: flameless and floating candles, votive candles, novelty candles) and is broken down by:
- Product groups: Container and jar candles; Scented candles; Tea lights; Taper candles
- Price segments: Mass; Mid-priced; Premium
- End users: Residential; Commercial
- Distribution channels (online vs. offline): Online; Offline
- Retail distribution channels: Furniture retailers; DIY stores; Supermarkets and hypermarkets; Independent retailers; Others
You will receive the report within three working days after order confirmation. Contact us to learn if a shorter delivery time would be possible.
State of the Demographics and Economy of Asia Pacific
This section of the report presents you with historical and forecast data about key macroeconomic indicators of the demographics and economy in Asia Pacific.
- What are the demographic characteristics (GDP, inflation, unemployment, government debt, etc.) of Asia Pacific?
- What are the economic characteristics (population, growth rate, life expectancy, age and gender, etc.) of Asia Pacific?
Analysis of the Candles Market in Vietnam
The market analysis section provides an overview of the market size and dynamics in value terms for the last five years. It answers the following questions:
- What is the size of the candles market in Vietnam?
- How has the candles market in Vietnam performed in value terms for the last five years?
- How is the market structured?
- What are the major trends affecting the market?
- Which are the major companies on the market?
- How intensive is the competitive landscape?
- What are the drivers and challenges affecting the market development?
Candles Prices in Vietnam
The price section of the report answers the following questions:
- How is the value chain of the market formed?
- What is the structure of price formation?
- What are the retail prices of candles in Vietnam?
Foreign Trade Operations of Candles in Vietnam
The foreign trade operations section answers the following questions:
- What is the trade balance in value terms?
- Does Vietnam import more candles than it exports?
- How has the trade balance changed over the last five years?
Imports of Candles to Vietnam
The import section of the report answers the following questions:
- How has the value of imports changed over the past five years?
- Which are the major countries that import candles to Vietnam?
- What is the average price of the candles imported to Vietnam?
Exports of Candles from Vietnam
The export section of the report answers the following questions:
- How has the value of exports changed over the past five years?
- Which are the main recipient countries of the Vietnamese candles exports?
- What is the average price of the candles exported from Vietnam?
Consumption of Candles in Vietnam
The consumption section of the report answers the following questions:
- What is the per capita consumption value? How has it changed over the past five years?
Forecast
The final section of the report presents a forecast for the development of the market based on three scenarios - base, pessimistic, and optimistic. The forecast section answers:
- How will the candles market in Vietnam look like over the next six years in value terms for each possible scenario?
Short Methodology
This research report has been prepared with WMStrategy's research methodology, which includes a blend of qualitative and quantitative data. The information comes from official sources and includes insights from local market experts (representatives of the main market participants), gathered by semi-structured interviews.
For this particular report, more than 10 interviews have been conducted with market experts from the leading companies (producers, distributors, retailers, suppliers, etc.). The full list of interviewed experts and a detailed methodology are available upon request.
Customization
The report will be updated as of the current month of purchase, which is why it will be dispatched within five working days after order confirmation. If the report is missing data points you need, it can be amended to fit your specific requirements and satisfy your individual objectives and information needs. Feel free to contact us for more information!
Report Benefits
- Discover how the market performed in the past (in the last 5 years) and how it will perform in the future (in the next 6 years);
- Track and identify key market trends and insights on key drivers behind recent market changes;
- Strategically assess the competitive position of the main market players;
- Evaluate how diversified the market is in terms of competitive intensity, fragmentation, and environment in order to understand competitive threats;
- Assess growth potential, opportunities, demand drivers, and challenges on the market;
- Quickly and cost–effectively receive a complete strategic analysis of the market;
- Improve your pitches and presentations by using verified market data and expert insights;
- Make important strategic decisions safely and with confidence;
- Receive professional expertise on the market and everything important connected with its development;
- Empower your marketing, branding, strategy, product and business development, consumption, and supply functions with valuable market insights;
- Build your investment strategy by assessing market attractiveness, country attractiveness, or company attractiveness;
- Evaluate the key macroeconomic indicators to get insight into the general trends within the economy and demographics;
- Acquire data your competitors might already have and be acting upon.
Report Users
This market research report is ideal for people who want to gain a comprehensive understanding of the Vietnamese candles market. Most often these are professionals actively working in the market as:
- C-suite executives;
- Directors;
- Market strategists;
- Marketing professionals;
- Business development professionals;
- Product developers;
- Product marketers and strategists;
- Product managers;
- Project managers;
- Suppliers;
- Traders.
This report can also bring value to professionals, not actively involved in the market, such as:
- Management consultants;
- Investment managers;
- Financial professionals;
- Bank managers;
- M&A managers;
- Auditors.
Please note:*The report will be updated with the latest information upon order confirmation which is why it will take 5 day to complete*
TABLE OF CONTENTS
INTRODUCTION
- Report description
- Research methodology
EXECUTIVE SUMMARY
CHARACTERISTICS OF CANDLES
STATE OF THE DEMOGRAPHICS AND ECONOMY OF ASIA PACIFIC
- Characteristics of the demographics of Asia Pacific in 2019-2023
- Characteristics of the economy of Asia Pacific in 2019-2023
- Forecast for the development of the economy of Asia Pacific in 2024-2026
CANDLES MARKET IN VIETNAM
- Value, and dynamics of the candles market in Vietnam in 2019-2023
- Key recent trends on the candles market in Vietnam
- Competitive landscape of the market
- Key drivers and restraints for the market development in the medium term
PRICES OF CANDLES IN VIETNAM
- Value chain analysis
- Structure of price formation
- Characteristics of the retail prices of candles in Vietnam in 2019-2023
FOREIGN TRADE OPERATIONS OF CANDLES IN VIETNAM
- Foreign trade operations of candles in Vietnam in 2019-2023
IMPORTS OF CANDLES TO VIETNAM
- Value and dynamics of the imports of candles to Vietnam in 2019-2023
- Main countries importing candles to Vietnam
- Average prices of the candles imported to Vietnam
EXPORTS OF CANDLES FROM VIETNAM
- Value, and dynamics of the Vietnamese exports of candles in 2019-2023
- Main countries that receive candles exports from Vietnam
- Average prices of the candles exported from Vietnam
CONSUMPTION OF CANDLES IN VIETNAM
- Value, and dynamics of the per capita consumption of candles in Vietnam in 2019-2023
FORECAST FOR THE DEVELOPMENT OF THE CANDLES MARKET IN VIETNAM IN 2024-2029
- Factors influencing the development of the candles market in Vietnam in the medium term
- Forecast for the market development in the medium term under three possible scenarios
LIST OF TABLES
The List of Tables is preliminary. Feel free to contact us to inquire about the full list of tables.
Executive Summary
- Key indicators on the candles market in Vietnam in 2019-2023
State of the Demographics and Economy of Asia Pacific
- Key indicators of the demographics of Asia Pacific in 2019-2023
- Key indicators of the economy of Asia Pacific
- Forecast for the economy of Asia Pacific for 2024-2026
Candles Market in Vietnam
- Value and dynamics of the candles market in Vietnam in 2019-2023
- Structure of the candles market in Vietnam by product groups
- Structure of the candles market in Vietnam by price segments
- Structure of the candles market in Vietnam by end users
- Structure of the candles market in Vietnam by distribution channels (online vs. offline)
- Structure of the candles market in Vietnam by retail distribution channels
Prices of Candles in Vietnam
- Value chain analysis of the candles market in Vietnam
- Cost breakdown of the price formation of candles in Vietnam, in %
- Average retail prices of candles in Vietnam in 2019-2023
Foreign Trade Operations of Candles in Vietnam
- Trade balance of the candles foreign trade in Vietnam in 2019-2023, in value terms
Imports of Candles to Vietnam
- Value and dynamics of the imports of candles to Vietnam in 2019-2023
- Main countries importing candles to Vietnam, in value terms
- Average prices of the candles imported to Vietnam in 2019-2023
Exports of Candles from Vietnam
- Value and dynamics of the Vietnamese exports of candles in 2019-2023
- Recipient countries of the Vietnamese exports of candles, in value terms
- Average prices of the candles exported from Vietnam in 2019-2023
Consumption of Candles in Vietnam
- Value and dynamics of the per capita consumption of candles in Vietnam
Forecast for the Development of the Candles Market in Vietnam
- Base forecast for the development of the candles market in Vietnam in 2024-2029, in value terms
- Pessimistic forecast for the development of the candles market in Vietnam in 2024-2029, in value terms
- Optimistic forecast for the development of the candles market in Vietnam in 2024-2029, in value terms
LIST OF FIGURES
The list of figures is preliminary. Feel free to contact us to inquire about the full list of figures.
Candles Market in Vietnam
- Value and dynamics of the candles market in Vietnam in 2019-2023
- Structure of the candles market in Vietnam by product groups
- Structure of the candles market in Vietnam by price segments
- Structure of the candles market in Vietnam by end users
- Structure of the candles market in Vietnam by distribution channels (online vs. offline)
- Structure of the candles market in Vietnam by retail distribution channels
Prices of Candles in Vietnam
- Value chain analysis of the candles market in Vietnam
- Structure of the candles price formation in Vietnam, in %
- Average retail prices of candles in Vietnam in 2019-2023
Foreign Trade Operations of Candles in Vietnam
- Trade balance of the candles foreign trade in Vietnam in 2019-2023, in value terms
Imports of Candles to Vietnam
- Value and dynamics of the imports of candles to Vietnam in 2019-2023
- Main countries importing candles to Vietnam, in value terms
- Average prices of the candles imported to Vietnam in 2019-2023
Exports of Candles from Vietnam
- Value and dynamics of the Vietnamese exports of candles in 2019-2023
- Recipient countries of the Vietnamese exports of candles, in value terms
- Average prices of the candles exported from Vietnam in 2019-2023
Consumption of Candles in Vietnam
- Value and dynamics of the per capita consumption of candles in Vietnam
Forecast for the Development of the Candles Market in Vietnam
- Base forecast for the development of the candles market in Vietnam in 2024-2029, in value terms
- Pessimistic forecast for the development of the candles market in Vietnam in 2024-2029, in value terms
- Optimistic forecast for the development of the candles market in Vietnam in 2024-2029, in value terms
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