| Product Code: ETC5680289 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Bulgaria`s candle import Market Top 5 Importing Countries and Market Competition (HHI) Analysis experienced significant growth in 2024, with key exporting countries like China, Poland, Italy, Germany, and Czechia dominating the shipments. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from low to high in 2024, indicating a more consolidated Market Top 5 Importing Countries and Market Competition (HHI) Analysis . The impressive compound annual growth rate (CAGR) of 23.49% from 2020 to 2024 highlights the increasing demand for candles in Bulgaria. Moreover, the growth rate of 14.32% from 2023 to 2024 suggests a continued upward trend in candle imports, presenting opportunities for Market Top 5 Importing Countries and Market Competition (HHI) Analysis players to capitalize on this growing Market Top 5 Importing Countries and Market Competition (HHI) Analysis .

The Candle market in Bulgaria is projected to grow at a growing growth rate of 7.17% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Bulgaria Candle Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Candle Market - Industry Life Cycle |
3.4 Bulgaria Candle Market - Porter's Five Forces |
3.5 Bulgaria Candle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Bulgaria Candle Market Revenues & Volume Share, By Wax, 2021 & 2031F |
3.7 Bulgaria Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Bulgaria Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for home decor and ambiance products |
4.2.2 Growing popularity of aromatherapy and wellness trends |
4.2.3 Rising disposable income and consumer spending on luxury items |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as wax and fragrances |
4.3.2 Intense competition from other home fragrance products like diffusers and sprays |
4.3.3 Regulatory challenges related to environmental concerns and safety standards |
5 Bulgaria Candle Market Trends |
6 Bulgaria Candle Market Segmentations |
6.1 Bulgaria Candle Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Candle Market Revenues & Volume, By Votive, 2021-2031F |
6.1.3 Bulgaria Candle Market Revenues & Volume, By Container Candle, 2021-2031F |
6.1.4 Bulgaria Candle Market Revenues & Volume, By Pillars, 2021-2031F |
6.1.5 Bulgaria Candle Market Revenues & Volume, By Tapers, 2021-2031F |
6.1.6 Bulgaria Candle Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bulgaria Candle Market, By Wax |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Candle Market Revenues & Volume, By Paraffin, 2021-2031F |
6.2.3 Bulgaria Candle Market Revenues & Volume, By Soy Wax, 2021-2031F |
6.2.4 Bulgaria Candle Market Revenues & Volume, By Beeswax, 2021-2031F |
6.2.5 Bulgaria Candle Market Revenues & Volume, By Palm Wax, 2021-2031F |
6.2.6 Bulgaria Candle Market Revenues & Volume, By Others, 2021-2031F |
6.3 Bulgaria Candle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Bulgaria Candle Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 Bulgaria Candle Market Revenues & Volume, By Online, 2021-2031F |
7 Bulgaria Candle Market Import-Export Trade Statistics |
7.1 Bulgaria Candle Market Export to Major Countries |
7.2 Bulgaria Candle Market Imports from Major Countries |
8 Bulgaria Candle Market Key Performance Indicators |
8.1 Number of new candle designs introduced per quarter |
8.2 Percentage of repeat customers purchasing candles monthly |
8.3 Average customer rating and feedback on scent throw and burn time |
9 Bulgaria Candle Market - Opportunity Assessment |
9.1 Bulgaria Candle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Bulgaria Candle Market Opportunity Assessment, By Wax, 2021 & 2031F |
9.3 Bulgaria Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Bulgaria Candle Market - Competitive Landscape |
10.1 Bulgaria Candle Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Candle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |