| Product Code: ETC11481348 | Publication Date: Apr 2025 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
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 Benin Candles Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Candles Market - Industry Life Cycle |
3.4 Benin Candles Market - Porter's Five Forces |
3.5 Benin Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Benin Candles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Benin Candles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Benin Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
4 Benin Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness towards eco-friendly and sustainable products |
4.2.2 Rising demand for aromatherapy and decorative candles |
4.2.3 Growth in the tourism industry leading to higher demand for souvenir candles |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wax and fragrances |
4.3.2 Competition from alternative products like air fresheners and diffusers |
4.3.3 Lack of proper infrastructure for distribution and retail in certain regions |
5 Benin Candles Market Trends |
6 Benin Candles Market, By Types |
6.1 Benin Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Candles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Benin Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F |
6.1.4 Benin Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F |
6.2 Benin Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.2.3 Benin Candles Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3 Benin Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Benin Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F |
6.3.3 Benin Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F |
6.4 Benin Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 Benin Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F |
6.4.3 Benin Candles Market Revenues & Volume, By Unscented, 2021 - 2031F |
7 Benin Candles Market Import-Export Trade Statistics |
7.1 Benin Candles Market Export to Major Countries |
7.2 Benin Candles Market Imports from Major Countries |
8 Benin Candles Market Key Performance Indicators |
8.1 Number of new product launches and innovations in the candle market |
8.2 Percentage increase in online sales of candles in Benin |
8.3 Growth in the number of candle-making workshops and training programs in the region |
9 Benin Candles Market - Opportunity Assessment |
9.1 Benin Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Benin Candles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Benin Candles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Benin Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
10 Benin Candles Market - Competitive Landscape |
10.1 Benin Candles Market Revenue Share, By Companies, 2024 |
10.2 Benin Candles 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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