| Product Code: ETC11481425 | 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 |
In 2024, Norway continued to import candles primarily from Poland, Denmark, China, Latvia, and Sweden. Despite a moderate concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market experienced a slight decline with a Compound Annual Growth Rate (CAGR) of -0.59% from 2020 to 2024. The growth rate in 2024 specifically showed a decrease of 9.0% compared to the previous year. This data suggests a challenging environment for candle imports in Norway, potentially influenced by various economic factors and market dynamics.

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 Norway Candles Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Candles Market - Industry Life Cycle |
3.4 Norway Candles Market - Porter's Five Forces |
3.5 Norway Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Norway Candles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Norway Candles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Norway Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
4 Norway Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer interest in eco-friendly and sustainable products |
4.2.2 Growing trend of self-care and wellness practices |
4.2.3 Rising popularity of aromatherapy and home decor |
4.2.4 Innovation in candle designs and scents |
4.2.5 Strong tourism industry boosting demand for luxury candles |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other home fragrance products |
4.3.3 Stringent regulations on fragrance ingredients |
4.3.4 Economic uncertainties affecting consumer spending |
4.3.5 Seasonal demand fluctuations |
5 Norway Candles Market Trends |
6 Norway Candles Market, By Types |
6.1 Norway Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Candles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Norway Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F |
6.1.4 Norway Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F |
6.2 Norway Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Norway Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.2.3 Norway Candles Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3 Norway Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Norway Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F |
6.3.3 Norway Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F |
6.4 Norway Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 Norway Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F |
6.4.3 Norway Candles Market Revenues & Volume, By Unscented, 2021 - 2031F |
7 Norway Candles Market Import-Export Trade Statistics |
7.1 Norway Candles Market Export to Major Countries |
7.2 Norway Candles Market Imports from Major Countries |
8 Norway Candles Market Key Performance Indicators |
8.1 Number of new eco-friendly candle product launches |
8.2 Growth in online search interest for candles and related wellness trends |
8.3 Average customer rating and feedback on product quality and scent |
8.4 Percentage increase in sales from tourism-related purchases |
8.5 Rate of repeat purchases from existing customers |
9 Norway Candles Market - Opportunity Assessment |
9.1 Norway Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Norway Candles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Norway Candles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Norway Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
10 Norway Candles Market - Competitive Landscape |
10.1 Norway Candles Market Revenue Share, By Companies, 2024 |
10.2 Norway 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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