| Product Code: ETC5680284 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Bhutan Candle Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 3.28% in 2025, the market peaks at 6.39% in 2028, and settles at 5.08% by 2029.

Bhutan's Candle market is anticipated to experience a growing growth rate of 5.89% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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 Bhutan Candle Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Candle Market - Industry Life Cycle |
3.4 Bhutan Candle Market - Porter's Five Forces |
3.5 Bhutan Candle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bhutan Candle Market Revenues & Volume Share, By Wax, 2021 & 2031F |
3.7 Bhutan Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bhutan Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainable and eco-friendly products |
4.2.2 Rising demand for home décor and aromatherapy products |
4.2.3 Growing popularity of candles as gifts and for religious/spiritual purposes |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations |
4.3.2 Competition from alternative home fragrance products such as diffusers and air fresheners |
4.3.3 Fluctuating raw material prices |
5 Bhutan Candle Market Trends |
6 Bhutan Candle Market Segmentations |
6.1 Bhutan Candle Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Candle Market Revenues & Volume, By Votive, 2021-2031F |
6.1.3 Bhutan Candle Market Revenues & Volume, By Container Candle, 2021-2031F |
6.1.4 Bhutan Candle Market Revenues & Volume, By Pillars, 2021-2031F |
6.1.5 Bhutan Candle Market Revenues & Volume, By Tapers, 2021-2031F |
6.1.6 Bhutan Candle Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bhutan Candle Market, By Wax |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Candle Market Revenues & Volume, By Paraffin, 2021-2031F |
6.2.3 Bhutan Candle Market Revenues & Volume, By Soy Wax, 2021-2031F |
6.2.4 Bhutan Candle Market Revenues & Volume, By Beeswax, 2021-2031F |
6.2.5 Bhutan Candle Market Revenues & Volume, By Palm Wax, 2021-2031F |
6.2.6 Bhutan Candle Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bhutan Candle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Candle Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 Bhutan Candle Market Revenues & Volume, By Online, 2021-2031F |
7 Bhutan Candle Market Import-Export Trade Statistics |
7.1 Bhutan Candle Market Export to Major Countries |
7.2 Bhutan Candle Market Imports from Major Countries |
8 Bhutan Candle Market Key Performance Indicators |
8.1 Number of new product launches incorporating sustainable and eco-friendly materials |
8.2 Percentage increase in online sales of candles |
8.3 Growth in the number of candle-themed events or festivals in Bhutan |
9 Bhutan Candle Market - Opportunity Assessment |
9.1 Bhutan Candle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bhutan Candle Market Opportunity Assessment, By Wax, 2021 & 2031F |
9.3 Bhutan Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bhutan Candle Market - Competitive Landscape |
10.1 Bhutan Candle Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Candle 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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