Guyana Candles Market (2025-2031) | Forecast, Competition, Outlook, Consumer Insights, Supply, Competitive, Restraints, Trends, Strategy, Demand, Segments, Size, Pricing Analysis, Growth, Revenue, Share, Drivers, Companies, Opportunities, Challenges, Strategic Insights, Value, Segmentation, Industry, Investment Trends, Analysis

Name: Guyana Candles Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Candles Market, Guyana Candles Market, Guyana Candles Market Revenues, Guyana Candles Market Share, Guyana Candles Market Size, Guyana Candles Market Outlook, Guyana Candles Market Report, Guyana Candles Market Competition, Guyana Candles Market Overview, Guyana Candles Market Trends, Guyana Candles Market Forecast

Market Forecast By Product Type (Scented Candles, Unscented Candles), By Application (Aromatherapy, Lighting), By Material (Paraffin Wax, Soy Wax), By Scent Type (Lavender, Rose, Unscented) And Competitive Landscape

Product Code: ETC11481384	Publication Date: Apr 2025	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Bhawna Singh	No. of Pages: 65	No. of Figures: 34	No. of Tables: 19

Guyana Candles Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Guyana`s candle import market continued to show high concentration levels, with the top exporting countries being the USA, China, Suriname, Canada, and the UK. Despite a modest compound annual growth rate (CAGR) of 1.3% from 2020 to 2024, the market experienced a significant decline in growth rate from 2023 to 2024, dropping by -22.5%. This fluctuation may indicate shifting trends in consumer demand or supply chain disruptions affecting the import of candles into Guyana. Stakeholders should closely monitor these dynamics to adapt their strategies accordingly.

Guyana Candles Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Guyana Candles Market Outlook
Market Size of Guyana Candles Market, 2024
Forecast of Guyana Candles Market, 2031
Historical Data and Forecast of Guyana Candles Revenues & Volume for the Period 2021-2031
Guyana Candles Market Trend Evolution
Guyana Candles Market Drivers and Challenges
Guyana Candles Price Trends
Guyana Candles Porter's Five Forces
Guyana Candles Industry Life Cycle
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Scented Candles for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Unscented Candles for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Aromatherapy for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Lighting for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Material for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Paraffin Wax for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Soy Wax for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Scent Type for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Lavender, Rose for the Period 2021-2031
Historical Data and Forecast of Guyana Candles Market Revenues & Volume By Unscented for the Period 2021-2031
Guyana Candles Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Material
Market Opportunity Assessment By Scent Type
Guyana Candles Top Companies Market Share
Guyana Candles Competitive Benchmarking By Technical and Operational Parameters
Guyana Candles Company Profiles
Guyana Candles Key Strategic Recommendations

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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 Guyana Candles Market Overview

3.1 Guyana Country Macro Economic Indicators

3.2 Guyana Candles Market Revenues & Volume, 2021 & 2031F

3.3 Guyana Candles Market - Industry Life Cycle

3.4 Guyana Candles Market - Porter's Five Forces

3.5 Guyana Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Guyana Candles Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Guyana Candles Market Revenues & Volume Share, By Material, 2021 & 2031F

3.8 Guyana Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F

4 Guyana Candles Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing consumer preference for natural and eco-friendly products

4.2.2 Growing demand for aromatherapy candles for relaxation and stress relief

4.2.3 Rising trend of home décor and interior styling, where candles are used as decorative items

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as wax and fragrance oils

4.3.2 Intense competition from other home fragrance products like diffusers and air fresheners

5 Guyana Candles Market Trends

6 Guyana Candles Market, By Types

6.1 Guyana Candles Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Guyana Candles Market Revenues & Volume, By Product Type, 2021 - 2031F

6.1.3 Guyana Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F

6.1.4 Guyana Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F

6.2 Guyana Candles Market, By Application

6.2.1 Overview and Analysis

6.2.2 Guyana Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F

6.2.3 Guyana Candles Market Revenues & Volume, By Lighting, 2021 - 2031F

6.3 Guyana Candles Market, By Material

6.3.1 Overview and Analysis

6.3.2 Guyana Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F

6.3.3 Guyana Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F

6.4 Guyana Candles Market, By Scent Type

6.4.1 Overview and Analysis

6.4.2 Guyana Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F

6.4.3 Guyana Candles Market Revenues & Volume, By Unscented, 2021 - 2031F

7 Guyana Candles Market Import-Export Trade Statistics

7.1 Guyana Candles Market Export to Major Countries

7.2 Guyana Candles Market Imports from Major Countries

8 Guyana Candles Market Key Performance Indicators

8.1 Number of new product launches in the candle market

8.2 Consumer sentiment towards eco-friendly and sustainable candles

8.3 Online engagement metrics such as website traffic, social media followers, and engagement levels

9 Guyana Candles Market - Opportunity Assessment

9.1 Guyana Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Guyana Candles Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Guyana Candles Market Opportunity Assessment, By Material, 2021 & 2031F

9.4 Guyana Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F

10 Guyana Candles Market - Competitive Landscape

10.1 Guyana Candles Market Revenue Share, By Companies, 2024

10.2 Guyana Candles Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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