| Product Code: ETC5680314 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Gabon`s candle import shipments in 2023 saw significant growth, with top exporters being China, France, Belgium, Romania, and Indonesia. The industry continues to be highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 36.63% and growth rate of 86.1% reflect a robust market demand for candles in Gabon. This data suggests a thriving market for candle imports in the country, with key players from various countries competing for market share.

In the Africa region, the Candle market in Gabon is projected to expand at a growing growth rate of 5.73% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Gabon Candle Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Candle Market - Industry Life Cycle |
3.4 Gabon Candle Market - Porter's Five Forces |
3.5 Gabon Candle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Gabon Candle Market Revenues & Volume Share, By Wax, 2021 & 2031F |
3.7 Gabon Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Gabon Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about the benefits of using candles for aromatherapy and relaxation. |
4.2.2 Increasing demand for decorative and scented candles for home decor. |
4.2.3 Rising popularity of eco-friendly and natural candles made from sustainable materials. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wax and fragrances impacting production costs. |
4.3.2 Intense competition from other home fragrance products like diffusers and room sprays. |
4.3.3 Lack of awareness about locally produced candles and their quality compared to imported brands. |
5 Gabon Candle Market Trends |
6 Gabon Candle Market Segmentations |
6.1 Gabon Candle Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon Candle Market Revenues & Volume, By Votive, 2021-2031F |
6.1.3 Gabon Candle Market Revenues & Volume, By Container Candle, 2021-2031F |
6.1.4 Gabon Candle Market Revenues & Volume, By Pillars, 2021-2031F |
6.1.5 Gabon Candle Market Revenues & Volume, By Tapers, 2021-2031F |
6.1.6 Gabon Candle Market Revenues & Volume, By Others, 2021-2031F |
6.2 Gabon Candle Market, By Wax |
6.2.1 Overview and Analysis |
6.2.2 Gabon Candle Market Revenues & Volume, By Paraffin, 2021-2031F |
6.2.3 Gabon Candle Market Revenues & Volume, By Soy Wax, 2021-2031F |
6.2.4 Gabon Candle Market Revenues & Volume, By Beeswax, 2021-2031F |
6.2.5 Gabon Candle Market Revenues & Volume, By Palm Wax, 2021-2031F |
6.2.6 Gabon Candle Market Revenues & Volume, By Others, 2021-2031F |
6.3 Gabon Candle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Gabon Candle Market Revenues & Volume, By Offline, 2021-2031F |
6.3.3 Gabon Candle Market Revenues & Volume, By Online, 2021-2031F |
7 Gabon Candle Market Import-Export Trade Statistics |
7.1 Gabon Candle Market Export to Major Countries |
7.2 Gabon Candle Market Imports from Major Countries |
8 Gabon Candle Market Key Performance Indicators |
8.1 Percentage increase in online searches for candles in Gabon. |
8.2 Number of new candle product launches in the Gabon market. |
8.3 Growth in the number of candle-making workshops and classes in Gabon. |
9 Gabon Candle Market - Opportunity Assessment |
9.1 Gabon Candle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Gabon Candle Market Opportunity Assessment, By Wax, 2021 & 2031F |
9.3 Gabon Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Gabon Candle Market - Competitive Landscape |
10.1 Gabon Candle Market Revenue Share, By Companies, 2024 |
10.2 Gabon 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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