| Product Code: ETC11481309 | 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 |
Despite a significant decline in the CAGR and growth rate for Nigeria`s candles import shipments from 2020-2024, the market continues to showcase a high level of concentration with top exporting countries including China, USA, Belgium, UK, and Japan. The consistently high Herfindahl-Hirschman Index (HHI) in 2024 indicates a competitive landscape dominated by these key players. It will be crucial for market players to closely monitor shifting trends and consumer preferences to navigate the challenging market conditions and potentially identify opportunities for growth and differentiation in the future.

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 Nigeria Candles Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Candles Market - Industry Life Cycle |
3.4 Nigeria Candles Market - Porter's Five Forces |
3.5 Nigeria Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Nigeria Candles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Candles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Nigeria Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
4 Nigeria Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for decorative and scented candles for home decor and gifting purposes |
4.2.2 Growing awareness about the benefits of aromatherapy and relaxation, driving the demand for candles |
4.2.3 Rising disposable income leading to higher spending on luxury and lifestyle products like candles |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wax and fragrances impacting production costs |
4.3.2 Competition from alternative home fragrance products like diffusers and air fresheners |
4.3.3 Lack of proper regulations and quality control leading to concerns about safety and authenticity of candles |
5 Nigeria Candles Market Trends |
6 Nigeria Candles Market, By Types |
6.1 Nigeria Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Candles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Nigeria Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F |
6.1.4 Nigeria Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F |
6.2 Nigeria Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.2.3 Nigeria Candles Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3 Nigeria Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F |
6.3.3 Nigeria Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F |
6.4 Nigeria Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F |
6.4.3 Nigeria Candles Market Revenues & Volume, By Unscented, 2021 - 2031F |
7 Nigeria Candles Market Import-Export Trade Statistics |
7.1 Nigeria Candles Market Export to Major Countries |
7.2 Nigeria Candles Market Imports from Major Countries |
8 Nigeria Candles Market Key Performance Indicators |
8.1 Number of new product launches in the candles market |
8.2 Consumer sentiment and engagement on social media platforms related to candles |
8.3 Percentage of repeat customers purchasing candles |
8.4 Average customer rating and reviews for candles on online platforms |
8.5 Participation and attendance in candle-related events and workshops |
9 Nigeria Candles Market - Opportunity Assessment |
9.1 Nigeria Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Nigeria Candles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Candles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Nigeria Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
10 Nigeria Candles Market - Competitive Landscape |
10.1 Nigeria Candles Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Candles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |