| Product Code: ETC11481292 | 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 Ghana Candles Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Candles Market - Industry Life Cycle |
3.4 Ghana Candles Market - Porter's Five Forces |
3.5 Ghana Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Ghana Candles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ghana Candles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Ghana Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
4 Ghana Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products |
4.2.2 Rising popularity of aromatherapy and scented candles |
4.2.3 Growth in disposable income leading to higher spending on luxury items |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wax and fragrances |
4.3.2 Competition from alternative home fragrance products like diffusers and air fresheners |
4.3.3 Challenges in distribution and reaching remote areas in Ghana |
5 Ghana Candles Market Trends |
6 Ghana Candles Market, By Types |
6.1 Ghana Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Ghana Candles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Ghana Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F |
6.1.4 Ghana Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F |
6.2 Ghana Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ghana Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.2.3 Ghana Candles Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3 Ghana Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Ghana Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F |
6.3.3 Ghana Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F |
6.4 Ghana Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 Ghana Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F |
6.4.3 Ghana Candles Market Revenues & Volume, By Unscented, 2021 - 2031F |
7 Ghana Candles Market Import-Export Trade Statistics |
7.1 Ghana Candles Market Export to Major Countries |
7.2 Ghana Candles Market Imports from Major Countries |
8 Ghana Candles Market Key Performance Indicators |
8.1 Number of new product launches and innovations in the candle market |
8.2 Consumer sentiment towards eco-friendly and sustainable candles |
8.3 Growth in online sales and e-commerce penetration for candles in Ghana |
9 Ghana Candles Market - Opportunity Assessment |
9.1 Ghana Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Ghana Candles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ghana Candles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Ghana Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
10 Ghana Candles Market - Competitive Landscape |
10.1 Ghana Candles Market Revenue Share, By Companies, 2024 |
10.2 Ghana 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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