| Product Code: ETC11481388 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Iceland candles market experienced a negative CAGR of -3.69% from 2020 to 2024. However, in 2023-2024, there was a year-on-year growth rate of 4.50%, indicating a slight increase in imports during that period.

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 Iceland Candles Market Overview |
3.1 Iceland Country Macro Economic Indicators |
3.2 Iceland Candles Market Revenues & Volume, 2022 & 2032F |
3.3 Iceland Candles Market - Industry Life Cycle |
3.4 Iceland Candles Market - Porter's Five Forces |
3.5 Iceland Candles Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Iceland Candles Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Iceland Candles Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.8 Iceland Candles Market Revenues & Volume Share, By Scent Type, 2022 & 2032F |
4 Iceland Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Iceland Candles Market Trends |
6 Iceland Candles Market, By Types |
6.1 Iceland Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Iceland Candles Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Iceland Candles Market Revenues & Volume, By Scented Candles, 2022 - 2032F |
6.1.4 Iceland Candles Market Revenues & Volume, By Unscented Candles, 2022 - 2032F |
6.2 Iceland Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Iceland Candles Market Revenues & Volume, By Aromatherapy, 2022 - 2032F |
6.2.3 Iceland Candles Market Revenues & Volume, By Lighting, 2022 - 2032F |
6.3 Iceland Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Iceland Candles Market Revenues & Volume, By Paraffin Wax, 2022 - 2032F |
6.3.3 Iceland Candles Market Revenues & Volume, By Soy Wax, 2022 - 2032F |
6.4 Iceland Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 Iceland Candles Market Revenues & Volume, By Lavender, Rose, 2022 - 2032F |
6.4.3 Iceland Candles Market Revenues & Volume, By Unscented, 2022 - 2032F |
7 Iceland Candles Market Import-Export Trade Statistics |
7.1 Iceland Candles Market Export to Major Countries |
7.2 Iceland Candles Market Imports from Major Countries |
8 Iceland Candles Market Key Performance Indicators |
9 Iceland Candles Market - Opportunity Assessment |
9.1 Iceland Candles Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Iceland Candles Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Iceland Candles Market Opportunity Assessment, By Material, 2022 & 2032F |
9.4 Iceland Candles Market Opportunity Assessment, By Scent Type, 2022 & 2032F |
10 Iceland Candles Market - Competitive Landscape |
10.1 Iceland Candles Market Revenue Share, By Companies, 2025 |
10.2 Iceland 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.
To discover high-growth global markets and optimize your business strategy:
Click Here